In this article, we discuss the 15 biggest ice cream companies and brands in America. To skip the market analysis of the ice cream industry, skip to the 5 Biggest Ice Cream Companies and Brands in America.
According to Allied Market Research, the global ice cream market was valued at $68.05 billion in 2020 and is expected to reach $122.05 billion by 2031, at a CAGR of 5%. In the United States alone, the ice cream market is expected to reach $15.8 billion by 2027.
COVID-19 Impact
The pandemic had a severely negative impact on ice cream sales. In Germany, the sales of ice cream fell by 8% in 2020. Even though the consumption volumes were up by 2.5%, the negative impact was due to the closure of hospitality spots. In the UK, the industry reported £289 million in losses in 2020 according to Ice Cream Alliance. Furthermore, in India, sales declined by 50%.
Market Consumption in the US
According to International Dairy Foods Association, 1.3 billion gallons of ice cream were produced in the United States in 2021, and ice cream currently contributes around $13.1 billion to the US economy. On top of that, an average American consumes around 20 pounds of ice cream each year. 90% of US citizens are reported to consume ice cream.
Parent Companies of Major Ice Cream Brands
Unilever PLC (NYSE:UL)
Unilever PLC (NYSE:UL) is a British company that owns several American ice cream brands. The company owns two of the biggest ice cream companies in the US, Ben & Jerry’s and Talenti.
