The Market value (retail sales value) of Ice Cream Industry in China attained a value of USD 7,387.45 Millions in 2020
The Industry recorded a historical growth (CAGR) of 1.01% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
China’s ice cream market has been steadily growing since 2017 but reported a negative YoY growth in 2020.
Yili Group, Unilever, and China Mengniu Dairy Company Limited were the top three largest players in the ice cream market in 2020.
Yili, Wall`s, and Mengniu were the top three leading brands in China’s ice cream market.
Ice Cream includes Artisanal Ice Cream, Impulse Ice Cream-Single Serve, and Take-home and Bulk Ice Cream.
Yili Group leads the way in China’s ice cream market in 2020
Yili Group was the leading company in the ice cream industry in China in 2020. Offers ice cream through its brand Yili. The company reported negligible YoY growth in 2020.
Unilever ranked second in China’s ice cream market
Unilever held the second-largest share (by value) in the ice cream market in China in 2020. Wall’s, and Magnum were the top two brands of Unilever. Unilever reported a single-digit YoY growth in 2020.
The other leading market positions were held by China Mengniu Dairy Company Limited and Froneri International Limited.
China Mengniu Dairy Company Limited and Froneri International Limited held the third and fourth-largest market share in China’s ice cream market.
Mengniu and Sui bian were the top two leading brands under China Mengniu Dairy Company Limited to capture a major market presence in China’s ice cream market.
Five Rams, Nestle, and Peters, and were the major brands of Froneri International Limited accounting for a major share in China’s ice cream industry.
Market Fragmentation: Only one player accounted for more than one-tenth of China’s ice cream market (by value) in 2020
Switzerland
France
United States of America
United States of America
Brazil
South Korea
United Kingdom
Japan
Belgium
Don’t wait - discover a universe of connected data & insights with your next search. Browse over 28M data points across 22 industries.
Access more premium companies when you subscribe to Explorer