Report Overview
Gelato, a traditional Italian frozen dessert similar to ice cream but with a denser and creamier texture, has gained popularity worldwide for its rich flavors and lower fat content. The global gelato market size in 2023 was approximately USD 6.7 billion, driven by increasing consumer demand for premium and artisanal frozen desserts. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 5.8% from 2024 to 2032, reaching USD 10.4 billion by the end of the forecast period.
Several key growth drivers fuel the expansion of the gelato market. Firstly, the growing trend towards healthier indulgences has led consumers to prefer gelato over traditional ice cream due to its lower fat content and higher density. Additionally, the rising disposable incomes in emerging economies have increased consumer spending on premium desserts, driving the demand for high-quality gelato products. Moreover, the increasing popularity of artisanal gelato made with natural ingredients and unique flavors has attracted a niche market segment seeking authentic and innovative frozen treats.
Market trends in the gelato industry include a shift towards plant-based and vegan gelato options to cater to the growing demand for dairy-free alternatives. Manufacturers are also focusing on sustainable practices and ethical sourcing of ingredients to appeal to environmentally conscious consumers. Furthermore, the introduction of exotic and fusion flavors, such as matcha green tea and salted caramel, is driving product innovation and diversifying consumer choices.
Regionally, Europe dominates the gelato market, with Italy being the leading producer and exporter of gelato products. The region’s strong culinary heritage, coupled with a culture that values artisanal craftsmanship, has established Europe as a key market for premium gelato. In North America, the market is witnessing significant growth due to the increasing popularity of gelato cafes and dessert parlors offering a wide range of flavors and toppings to attract customers.
Despite the positive market outlook, the gelato industry faces challenges such as fluctuating prices of raw materials, including dairy products and flavorings, which can impact production costs and profit margins. Additionally, intense competition among gelato manufacturers and the threat of substitute products pose challenges for market players to differentiate their offerings and maintain market share.
In conclusion, the gelato market is poised for steady growth driven by consumer preferences for premium, healthier, and artisanal frozen desserts. To capitalize on this growth, gelato manufacturers should focus on product innovation, sustainability, and catering to evolving consumer tastes to maintain a competitive edge in the market.
This report provides a deep insight into the global Gelato market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Gelato Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Gelato market in any manner.
Global Gelato Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Unilever
General Mills
Nestle
Mars
Turkey Hill
Talenti
Ciao Bella Gelato Company
Market Segmentation (by Type)
Gelato
Sorbet
Others
Market Segmentation (by Application)
Online Sale
Offline Sale
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Gelato Market
• Overview of the regional outlook of the Gelato Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Gelato Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.