Australia Ice Cream Market Overview, 2029

From the iconic classic choices of vanilla and chocolate to the exotic allure of locally inspired gourmet creations, the Australian ice cream industry is a testament to a nation's love affair with frozen delights. The market is characterised by an appreciation for premium and artisanal offerings, where consumers seek out high-quality, locally sourced ingredients crafted into unique and imaginative flavors. Health-conscious trends have made their mark, influencing the introduction of reduced-sugar, low-fat, and natural ingredient-based alternatives. With a climate that invites outdoor leisure and a lifestyle that embraces culinary exploration, ice cream moments in Australia extend beyond the dessert bowl to sandy beaches, city streets, and family gatherings. As the industry continues to evolve, driven by consumer demands for sustainability, ethical practices, and a penchant for culinary innovation, the Australian ice cream landscape remains both a reflection of tradition and a canvas for the ever-evolving tastes of a vibrant and diverse nation. Australians have a strong affinity for ice cream, considering it a beloved treat. Ice cream is a popular dessert choice across various age groups, and its consumption is not limited to specific seasons, with people enjoying it year-round. Ice cream consumption in Australia stands at 18.0 litters per capita annually. The Australian ice cream market is dominated by brands such as Streets, Cadbury, Peters, and Connoisseur. Ice cream consumption shoots up during the Australian summer. Around 2% of grocery buyers buy ice cream cartons weekly, 19% purchase them monthly, and another around 20% purchase ice cream tubs every two to three months.

According to the research report "Australia Ice Cream Market Overview, 2029," published by Bonafide Research, the Australian ice cream market was valued at more than USD 1.90 Billion in 2023. The demand is driven by the diverse flavor preferences of Australian consumers. While classic flavours like vanilla and chocolate remain popular, there is a growing interest in innovative and exotic flavour combinations, contributing to the introduction of a wide variety of options in the market. The market sees a rise in demand for premium and artisanal ice cream. Consumers are increasingly willing to invest in high-quality products made with natural and locally sourced ingredients, contributing to the growth of artisanal ice cream shops and gourmet offerings. The demand for healthier ice cream options is on the rise. Consumers are seeking products with reduced sugar, lower fat content, and natural ingredients, aligning with health-conscious trends and preferences for better-for-you treats. Australians, influenced by culinary tourism trends, are open to trying global and unique flavour profiles. This willingness to explore international flavors contributes to a diverse and innovative ice cream market, reflecting a broader palate influenced by global culinary experiences. Australia's outdoor lifestyle influences ice cream consumption patterns. Ice cream is often associated with outdoor and recreational activities, leading to increased demand, especially during warmer months and outdoor events. Cultural events, holidays, and iconic moments contribute to the demand for ice cream. Whether celebrating national holidays, attending sporting events, or enjoying family gatherings, ice cream becomes an integral part of shared cultural experiences.

Based on the product types, Impulse Ice Cream, Artisanal Ice Cream, and Take Home Ice Cream are among them in Australia. Impulse Ice Cream is a growing segment, Australia's fast-paced and on-the-go lifestyle contributes to the popularity of impulse ice cream. Consumers, often in a rush, appreciate the convenience of quickly satisfying their sweet cravings without the need for a formal sit-down experience. Australia's during warm climate, especially during the summer months, creates a higher demand for cooling and refreshing products like impulse ice cream. The desire for an instant and cool indulgence makes these products particularly appealing in a country with hot weather conditions. In terms of flavour types, they are segmented into Vanilla, Chocolate, Fruit, Tutti Frutti, Blends, and others; in Australia, chocolate is contributing to the market. Chocolate has a strong presence in Australian culinary culture. Whether in desserts, confectionery, or ice cream, chocolate holds cultural significance, contributing to its sustained popularity and growth in the market. Chocolate is a classic and universally loved flavor. Its widespread appeal makes it a safe and familiar choice for consumers of all ages. The timeless nature of chocolate contributes to its consistent demand in the ice cream market. The growing trend of premium and artisanal ice cream offerings extends to chocolate flavors. Artisanal ice cream shops and high-quality producers often craft unique and indulgent chocolate-based creations, appealing to consumers seeking a more sophisticated and flavorful experience.

According to the report, the packaging types are segmented into sticks and bars, cones and cups, tubs and bricks, and others; among them, the cones and cups lead the market. Cones and cups provide a convenient on-the-go option for consumers. Australians, known for their active lifestyle, appreciate the portability of ice cream in cones or cups, allowing them to enjoy their favourite treat without the need for additional utensils. Australia's outdoor lifestyle, especially during the warmer months, contributes to the popularity of cones and cups. Whether at the beach, in parks, or at outdoor events, individuals can easily enjoy ice cream without the constraints of traditional bowls and spoons. Ice cream cones, in particular, have cultural significance and are associated with the joy of indulging in a sweet treat. The ritual of holding an ice cream cone while strolling or socialising is deeply ingrained in the cultural experience of enjoying ice cream in Australia. Based on the distribution channel, which includes supermarkets and hypermarkets, convenience stores, ice cream parlours, online sales channels, and others, in the country, ice cream parlours are significantly contributing to the market. Australians increasingly value experiences in their dining choices, seeking more than just a product. Ice cream parlours offer a unique and enjoyable experience, allowing customers to savour their ice cream in a pleasant atmosphere, often adorned with appealing decor and ambiance. Ice cream parlours often introduce innovative creations and signature treats that are not readily available at other retail outlets. These exclusive offerings attract customers looking for something special and drive foot traffic to parlours.

Considered in this report:
• Geography: Australia
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• Australia Ice Cream market Outlook with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation



By Products Types
• Impulse Ice Cream
• Artisanal Ice Cream
• Take Home Ice Cream

By Flavours Types:
• Vanilla
• Chocolate
• Fruit
• Tutti Frutti
• Blends
• Others

By Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Ice cream Parlor
• Online Sales Channel
• Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Ice Cream, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.