Ice Cream Sales Cool from 2017

  • After ice cream sales had a rather robust gain in dollar sales of 3.9%, or a total of $6.1 billion, for the 52 weeks ending August 6, 2017, the next 52 weeks (ending August 12, 2018) increased just 1.2% to a total of $6.2 billion.
  • Grand View Research still forecasts a 4.1% increase in CAGR (compound annual growth rate) from 2018 to 2025 and premium ice cream brands will generate much of that increase, however, it is unlikely to offset an overall decline in the ice cream segment.
  • The frozen novelty sub-category performed even better, recovering from just a +0.6% increase in dollar sales during the same 52-week period of 2017 to a 3.5% increase for the same 52-week period of 2018. (See table in Additional Analysis section on page 4.)