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Argentina Ice Cream Market Size, Share, Trends, Growth: By Product Type: Bars and Pops, Cups and Tubs, Others; By Type: Dairy and Water-based, Vegan; By Flavour: Chocolate, Vanilla, Fruit, Others, By Distribution Channel: Off-Trade, On-Trade; Market Dynamics: SWOT Analysis: Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Argentina Ice Cream Market Outlook
The Argentina ice cream market size is projected to expand at a CAGR of 2.60% between 2024 and 2032.
Key Takeaways
- In Argentina, the demand for artisanal and high-quality ice creams is on the rise. Consumers are actively seeking unique and exclusive flavours, while also showing a preference for local businesses and businesses following sustainable practices.
- There is a growing demand for ice cream made from vegan and natural ingredients due to the growing trend of healthier eating and a desire for products that are free from artificial additives and preservatives.
- The Argentina ice cream market boasts exclusive flavours including sambayón, dulce de leche, and water flavors, which attract customers from both domestic and international backgrounds.
The Argentina ice cream market growth can be attributed to various factors, including a rise in disposable income and an increasing desire for healthier ice cream options. Moreover, there is a growing demand for premium and artisanal ice creams in the country. These types of ice cream are crafted using top-quality ingredients and produced in small batches. Manufacturers are innovating with a diverse range of flavours, incorporating unique and locally sourced ingredients, which is fostering the growth of the ice cream sector in Argentina. Notable premium ice cream brands in Argentina include, Persicco, Freddo, Tufic, and Lucciano, among others.
The rise of vegan and non-dairy ice creams is a notable trend in the country as Argentinians are placing a greater emphasis on maintaining a healthy diet, consequently driving up the Argentina ice cream market share. Growing concerns about diabetes, obesity, and lactose intolerance are enhancing the adoption of substitutes like vegan and sugar-free ice creams. Furthermore, these ice cream alternatives are packed with nutrients and offer substantial levels of protein and beneficial fats, making them attractive to health-conscious individuals.
Besides, there is also a rise in demand for exotic ice creams that frequently incorporate indigenous nuts, spices, fruits, and local delicacies, providing customers with a wide range of distinctive flavours that surpass conventional choices. Further, speciality manufacturers are coming up with innovative offerings inspired by global trends to attract more customers. In September 2021, Pachi Ice-cream, an ice cream parlor located in Buenos Aires, Argentina, unveiled a fresh addition to its menu by introducing a delectable new ice cream flavour inspired by DogeCola.
Market Segmentation
Argentina Ice Cream Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Bars and Pops
- Cups and Tubs
- Others
Market Breakup by Type
- Dairy and Water-based
- Vegan
Market Breakup by Flavour
- Chocolate
- Vanilla
- Fruit
- Others
Market Breakup by Distribution Channel
- Off-Trade
- On-Trade
Competitive Landscape
The manufacturers are increasingly focusing on offering vegan and natural ice cream options to consumers to meet their dietary preferences, thus broadening their customer reach
- Unilever Plc
- Grupo Arcor
- Grido Helado
- Ice Cream S.R.L.
- MontHelado S.A.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Type |
|
| Breakup by Flavour |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Ice Cream Market Overview
8.1 Key Industry Highlights
8.2 Latin America Ice Cream Historical Market (2018-2023)
8.3 Latin America Ice Cream Market Forecast (2024-2032)
8.4 Latin America Ice Cream Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Argentina Ice Cream Market Overview
9.1 Key Industry Highlights
9.2 Argentina Ice Cream Historical Market (2018-2023)
9.3 Argentina Ice Cream Market Forecast (2024-2032)
10 Argentina Ice Cream Market by Product Type
10.1 Bars and Pops
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Cups and Tubs
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Argentina Ice Cream Market by Type
11.1 Dairy and Water-based
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Vegan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Argentina Ice Cream Market by Flavour
12.1 Chocolate
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Vanilla
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Fruit
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Argentina Ice Cream Market by Distribution Channel
13.1 Off-Trade
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 On-Trade
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyers Powers
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Unilever Plc
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Grupo Arcor
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Grido Helado
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Ice Cream S.R.L.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 MontHelado S.A.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Ice Cream Market: Key Industry Highlights, 2018 and 2032
2. Argentina Ice Cream Market: Key Industry Highlights, 2018 and 2032
3. Argentina Ice Cream Historical Market: Breakup by Product Type (USD Million), 2018-2023
4. Argentina Ice Cream Market Forecast: Breakup by Product Type (USD Million), 2024-2032
5. Argentina Ice Cream Historical Market: Breakup by Type (USD Million), 2018-2023
6. Argentina Ice Cream Market Forecast: Breakup by Type (USD Million), 2024-2032
7. Argentina Ice Cream Historical Market: Breakup by Flavour (USD Million), 2018-2023
8. Argentina Ice Cream Market Forecast: Breakup by Flavour (USD Million), 2024-2032
9. Argentina Ice Cream Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
10. Argentina Ice Cream Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
11. Argentina Ice Cream Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 2.60% between 2024 and 2032.
The market is driven by the rising preference of consumers for ice cream made locally, rising disposable incomes, and the warm climate in the region.
The key trends aiding the market expansion include the rise in popularity of sugar-free and vegan ice creams along with the increasing trend towards premium and artisanal ice creams.
The major product types in the ice cream market are bars and pops, and cups and tubs, among others.
The different ice cream flavours include chocolate, vanilla, and fruit, among others.
The key players in the market are Unilever Plc, Grupo Arcor, Grido Helado, Ice Cream S.R.L., and MontHelado S.A., among others.
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