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Chile Ice Cream Market Size, Share, Trends, Growth, Forecast: By Flavour: Chocolate, Fruit, Vanilla, Others; By Source: Dairy-based Ice Creams, Vegan Ice Creams; By Category: Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream; By Product Type: Cup, Stick, Cone, Tub, Others; By Distribution Channel; Competitive Landscape; 2024-2032
Chile Ice Cream Market Outlook
The Chile ice cream market size was approximately USD 383.87 million in 2023. The market is assessed to grow at a CAGR of 4.10% between 2024 and 2032, reaching a value of USD 555.54 million by 2032.
Key Takeaways
- Chile was the 59th largest global importer of ice cream in 2022, with imports amounting to $10.8M.
- The primary markets for Chilean ice cream imports include Argentina, the US, Italy, France, and Spain.
- The manufacturing of vegan and lactose-free ice cream by market participants is a notable trend. Through this, they aim to meet the needs of health-conscious individuals and those with lactose intolerance.
The Chile ice cream market growth is stimulated by multiple factors including the rising consumption of ready-to-eat processed foods, higher disposable incomes, and the availability of ice creams in various flavours. Major dairy product manufacturers are also implementing new processing techniques to enhance product quality, reduce costs, and prolong shelf life, thereby fuelling the expansion of the ice cream market.
As per the Chile ice cream market analysis, shifting consumer preferences and a greater focus on health-conscious eating habits are driving the demand for low-fat and low-calorie ice cream in Chile. Individuals are placing a higher emphasis on their dietary choices, leading them to seek out ice cream products that are low in fat, sugar-free, vegan, and lactose-free. Numerous prominent companies are focusing on developing products that are low in sugar and fat to cater to a wider consumer base, consequently driving up the Chile ice cream market share.
The focus on product innovation and the application of new technologies in production methods are becoming increasingly important for market players. For instance, in February 2021, Chilean food tech company, The Live Green Co, expanded its plant-based portfolio by introducing vegan-friendly clean-label ice creams. These new ice creams have been developed using the company's AI-powered technology, which has significantly reduced the research and development process to just 90 days. The ice creams are made with 100% plant-based natural ingredients such as bananas, avocados, and sunflower seeds. The development of these ice creams is facilitated by the company's AI recommendation engine, Charaka, which utilises machine learning and data on plant nutrition, biochemistry, and biotechnology to suggest natural plant alternatives to meat, dairy, and synthetic ingredients commonly found in ice creams.
Market Segmentation
Chile Ice Cream Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Market Breakup by Source
- Dairy-based Ice Creams
- Vegan Ice Creams
Market Breakup by Category
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Tub
- Brick
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice Cream Parlour
- Hotels and Restaurants
- Online
- Others
Competitive Landscape
To gain competitive advantage, market participants are placing a greater emphasis on the production of vegan and sugar-free ice cream products.
- Grupo Arcor
- Wells Enterprises, Inc.
- MontHelado S.A.
- Ben & Jerry's Homemade, Inc.
- Unilever Plc
- Nestlé S.A.
- Fábrica Heladería Grido
- Sorvetes Jundia Industria e Comercio LTDA
- Colombina SA.
- General Mills, Inc.
- Blue Bell Creameries
- 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:
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| Breakup by Flavour |
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| Breakup by Source |
|
| Breakup by Category |
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| Breakup by Product Type |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*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 Chile Ice Cream Market Overview
8.1 Key Industry Highlights
8.2 Chile Ice Cream Historical Market (2018-2023)
8.3 Chile Ice Cream Market Forecast (2024-2032)
9 Chile Ice Cream Market by Flavour
9.1 Chocolate
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Fruit
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Vanilla
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Others
10 Chile Ice Cream Market by Source
10.1 Dairy-based Ice Creams
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Vegan Ice Creams
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Chile Ice Cream Market by Category
11.1 Impulse Ice Cream
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Take-Home Ice Cream
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Artisanal Ice Cream
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Chile Ice Cream Market by Product Type
12.1 Cup
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Stick
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Cone
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Tub
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Brick
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Chile Ice Cream Market by Distribution Channel
13.1 Supermarkets and Hypermarkets
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Convenience Stores
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Ice Cream Parlour
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Hotels and Restaurants
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Online
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Others
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 Manufacturing Process
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Grupo Arcor
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Wells Enterprises, Inc.
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 MontHelado S.A.
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Ben & Jerry's Homemade, Inc.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Unilever Plc
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 Nestlé S.A.
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Fábrica Heladería Grido
17.2.7.1 Company Overview
17.2.7.2 Product Portfolio
17.2.7.3 Demographic Reach and Achievements
17.2.7.4 Certifications
17.2.8 Sorvetes Jundia Industria e Comercio LTDA
17.2.8.1 Company Overview
17.2.8.2 Product Portfolio
17.2.8.3 Demographic Reach and Achievements
17.2.8.4 Certifications
17.2.9 Colombina SA.
17.2.9.1 Company Overview
17.2.9.2 Product Portfolio
17.2.9.3 Demographic Reach and Achievements
17.2.9.4 Certifications
17.2.10 General Mills, Inc.,
17.2.10.1 Company Overview
17.2.10.2 Product Portfolio
17.2.10.3 Demographic Reach and Achievements
17.2.10.4 Certifications
17.2.11 Blue Bell Creameries
17.2.11.1 Company Overview
17.2.11.2 Product Portfolio
17.2.11.3 Demographic Reach and Achievements
17.2.11.4 Certifications
17.2.12 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Chile Ice Cream Market: Key Industry Highlights, 2018 and 2032
2. Chile Ice Cream Historical Market: Breakup by Flavour (USD Billion), 2018-2023
3. Chile Ice Cream Market Forecast: Breakup by Flavour (USD Billion), 2024-2032
4. Chile Ice Cream Historical Market: Breakup by Source (USD Billion), 2018-2023
5. Chile Ice Cream Market Forecast: Breakup by Source (USD Billion), 2024-2032
6. Chile Ice Cream Historical Market: Breakup by Category (USD Billion), 2018-2023
7. Chile Ice Cream Market Forecast: Breakup by Category (USD Billion), 2024-2032
8. Chile Ice Cream Historical Market: Breakup by Product Type (USD Billion), 2018-2023
9. Chile Ice Cream Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
10. Chile Ice Cream Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
11. Chile Ice Cream Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
12. Chile Ice Cream Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 383.87 million.
The market is estimated to grow at a CAGR of 4.10% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 555.54 million by 2032.
The market is being driven by several factors, such as the thriving dairy industry, the rising number of ice cream parlours and bakeries, and the increasing demand for take-home ice creams.
The primary factor propelling the ice cream market growth in Chile is the increasing consumer preference for low-calorie, low-fat, and vegan ice cream.
The major flavours of ice cream are chocolate, fruit, and vanilla, among others.
The major distribution channels are supermarkets and hypermarkets, convenience stores, ice cream parlour, hotels and restaurants, and online, among others.
The major players in the market are Grupo Arcor, Wells Enterprises, Inc., MontHelado S.A., Ben & Jerry's Homemade, Inc., Unilever Plc, Nestlé S.A., Fábrica Heladería Grido, Sorvetes Jundia Industria e Comercio LTDA, Colombina SA., General Mills, Inc., and Blue Bell Creameries, among others.
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