New ice cream factories are expected to commence operations in 2022, and also during the forecast years. Unilever Group previously invested EUR100 million to build a new ice cream factory, and the corporation announced at the beginning of 2022 that the factory had started production.
In May 2021, Nestlé (China) Ltd’s trademark license for Five Rams expired, ending their 22-year partnership in China. Excluding Five Rams, Nestlé is set to see low single-digit growth in terms of retail value sales in 2022.
Despite being a relatively niche segment, ice cream with reduced sugar or zero sugar is expected to attract more consumers. Over the forecast period, consumers in China are expected to pay more attention to their health and look for reduced or no sugar products, since many now believe that consuming too much sugar is not good for one’s health.
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Understand the latest market trends and future growth opportunities for the Ice Cream industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Ice Cream
Ice cream is the aggregation of frozen yoghurt, impulse ice cream, unpackaged ice cream and take-home ice cream. Frozen desserts is included in the project Staples. Includes: Non-dairy ice creams (for example, soy or rice-based products, as well as any other dairy-alternative ice creams), should be tracked alongside dairy ice cream in the relevant product subcategory. Rice and soy can be used as dairy substitutes in the manufacture of ice cream, but the product is still equivalent in terms of positioning/marketing and consumer target to standard dairy ice cream.
See All of Our DefinitionsThis report originates from Passport, our Ice Cream research and analysis database.
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