Market Estimation & Definition The Ice Cream Industry was valued at USD 82.19 billion in 2024 and is projected to grow at a CAGR of 6.5% between 2025 and 2032, reaching approximately USD 136.03 billion by 2032. Ice cream is defined as a frozen dessert typically made from dairy milk or cream, sugar, and flavouring. The market has rapidly diversified to include...