As an $8 billion dollar industry that is operated by less than 500 businesses, ice cream sees an average of $74 billion in annual global revenue. Traditional ice cream flavors and novelties account for majority of the market. Specialized flavors, low fat options, and bulk ice creams accounts for the rest. Majority of the global industry is operated by Nestle and Unilever that control one third of the overall marketplace. Brand loyalty and product development helps to create competition and growth. The following listing of ice cream brands and logos are from some of the biggest brand names and companies in the industry.
A rise in consumer spending will help this market to increase along with the creation of new innovative flavors and health options. Frozen novelties are expected to be a strong growth in the next 5 years.
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