Publish Date: September 2026
Updated Tariff & Recession Risk Analysis and Forecasts
The 2026 Ice Cream & Frozen Dessert Manufacturing Market Report covers the $10.4 billion industry which demonstrates significant segmentation with premium and super-premium offerings experiencing accelerated growth while mainstream segments focus on value positioning and format innovation. Consumer preferences are increasingly bifurcated between indulgent high-butterfat options featuring distinctive inclusions and better-for-you alternatives addressing dietary considerations through reduced sugar, plant-based formulations, and functional ingredients. Manufacturers face complex operational challenges balancing freezing technology requirements, inclusion distribution consistency, cold chain logistics, and tariff implications affecting specialty ingredient sourcing and equipment imports. Successful companies are differentiating through proprietary formulation expertise creating distinctive texture and flavor profiles, specialized production capabilities handling complex inclusions, innovative packaging enhancing portion control and consumption experience, and strategic brand positioning addressing specific consumer need states in a category where sensory experience, ingredient quality, and increasingly nutritional credentials significantly influence purchasing decisions across diverse market segments.
Ice Cream & Frozen Dessert Manufacturing Industry Description
Ice Cream & Frozen Dessert Making produces frozen dairy and non-dairy treats including ice cream, gelato, frozen yogurt, sherbet, and novelty products. Companies in this industry blend milk, cream, sweeteners, flavorings, and other ingredients which are then pasteurized, homogenized, frozen, and packaged while incorporating air to achieve specific textures and mouthfeel characteristics. Manufacturing processes include formulation, freezing in continuous or batch processes, flavor variegating, inclusion addition, molding, extrusion, and hardening at very low temperatures. These businesses serve both retail grocery markets with packaged products and food service operations with bulk formats, producing everything from economy brands to premium offerings, seasonal specialties, and custom formulations with varying fat content, flavor profiles, and nutritional characteristics designed to deliver indulgent frozen dessert experiences for various consumer preferences.
NAICS Code: 31152
Number of Companies: 355
Number of Plants / Facilities: 407
Total Employees: 20,031
Market Size: $10.4 billion
TARIFF IMPACT (Summer 2025 – Download Report for Updated Analysis)
This report has in-depth analysis on the recent US tariff changes on material costs, quantifying import dependencies, tariff exposure rates, and key source countries for the ice cream & frozen dessert manufacturing sector.
Estimated Tariff Cost: $180 million
Relative Tariff Impact: MODERATE
Ice Cream & Frozen Dessert Manufacturing Report Format
The 2026 U.S. Ice Cream & Frozen Dessert Manufacturing Market Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. Professionals leverage this market report to develop a deep understanding of the market for business strategy, planning, forecasting, benchmarking, industry analysis, valuations, identifying organizational inefficiencies, financial analysis, and more.
This report covers more than 100 statistical data sets with historical trend data from 2017 to 2025, and 2026 and 2030 forecasts. The report includes revenue & cost trends, detailed breakdown on 26 expenses, extensive financial analysis, forecasts on 100+ data sets, inventory statistics, detailed breakdown of 31 balance sheet items, segmentation by business size and structure, top 50 companies analysis, material costs benchmarks, profitability metrics, state statistics, plant capacity analysis, workforce composition, inflation statistics, compensation analysis, in-depth productivity analysis, and numerous other data sets.
Below are a few page images from the report and check out the table of contents for a complete overview.
Report Table of Contents
Evaluate the table of contents to appreciate why thousands of professionals, bankers, consultants, accountants, and other executives rely on Kentley Insights for data-rich industry insights.
The sources for the report data include federal and private surveys completed by the majority of companies in the sector covering extensive financial and operational topics for the ice cream & frozen dessert manufacturing industry. The forecasts in the report are modeled by our research analysts using the latest economic forecasts, industry analysis, and historical trends.
1-2 – Report Overview & Table of Contents
3 – Market Overview
– Methodology, Industry Definition & Market Commentary
4 – Market Snapshot – Revenue & Growth
5 – Market Snapshot – Costs & Profitability
SECTION ONE
REVENUE & GROWTH BENCHMARKS
7 – Market Growth Details
– Revenues, Companies, & Facilities
– 2017-2025 Historical Figures
– Forecasts for 2026 and the Next 5 Years
8 – Growth Benchmarks
– Revenues per Company & Facility
– Facilities per Company
– 2017-2025 Historical Figures
– Forecasts for 2026 and the Next 5 Years
9 – Breakdown of Product Lines
– Percentage of Revenue from Product Lines
10 – BCG Matrix – Net Income vs. Revenue Growth
– Manufacturing Subsectors vs. Industry
11 – Total Revenue by Month & Year
– Revenue per Month for 2021-2025
12 – Inventory Value by Month & Year
– Inventory Value per Month for 2021-2025
13 – Months of Inventory
– Months of Inventory per Month for 2021-2025
14 – Market Size by Segments
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
15 – Market Size by State
16 – Revenue as a % of State GDP
17 – Revenue as a % of State Manufacturing
18 – Market Segmentation by Business Size
– Sales as a % of Income and State Rankings
19 – Market Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll
20 – Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll
21 – Market Share of Top 50 Companies
– Market Share & Total Revenue for 2020 versus 2025
22 – Subsector Market Share of Top 50 Companies
23 – Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll
24 – Sales per Company by State
25 – Sales per Company by Segments
26 – Sales per Facility by State
27 – Sales per Facility by Segment
28 – Manufacturing Subsector Growth
– Sales and 5-Year CAGR
29 – Manufacturing Subsector Statistics
– Sales per Company & Facility, and 5-Year CAGR
30 – Consolidation Analysis
– 5-year CAGR of Companies & Locations
31 – Employment Consolidation Analysis
– 5-year CAGR of Employee Statistics
32 – Manufacturing Subsector Consolidation Analysis
– Number of Companies & Facilities
– 5-Year CAGR
33 – Manufacturing Subsector Consolidation Analysis
– Facilities per Company
– Employees per Company
– 5-Year CAGR
SECTION TWO
COST, CAPITAL & PROFIT BENCHMARKS
35 – Profitability & Financial Ratio Analysis
– Percent of Companies that are Profitable
– Average Net Income as a Percent of Revenue
– Financial Ratios – 10 ratios, Total Asset Turnover, Fixed Asset Turnover, Fixed Assets to Total Assets Ratio, Total Assets to Total Liabilities Ratio, Return on Sales, Return on Total Assets, Return on Net Worth, Total Liabilities to Net Worth Ratio, Fixed Assets to Net Worth Ratio, Solvency Ratio
Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– Current & Non-Current Assets: Cash, Notes & Accounts Receivable, Allowance for Bad Debts, Inventories, Treasuries & Securities, Other Current Assets, Loans to Shareholders / Mortgage, Other Investments, Depreciable Assets, Accumulated Depreciation, Land, Intangible Assets (Amortizable), Accumulated Amortization, Other Assets
– Short-term, Long-term Liabilities, & Net Worth: Accounts Payable, Mortgages, Notes, Bonds due in less than 1 Yr., Other Current Liabilities, Loans from Shareholders, Mortgages, Notes, Bonds > 1 Yr., Other Liabilities, Capital Stock, Additional Paid-in Capital, Retained Earnings, Cost of Treasury Stock
37 – Operating Expenses
– Industry Operating Expenses
– Revenue vs. Operating Expense Growth
– Operating Expense as a Percent of Revenue
– Trend Analysis & Forecasts
38 – Operating Expenses by Company & Facility
– Operating Expenses per Company & Facility
– Revenue vs. Expenses Growth per Facility
– Trend Analysis & Forecasts
Page 39 – Operating Expense Detail
– Employee Expenses: Annual Payroll, Health insurance, Defined benefit pension plans, Defined contribution plans, Other fringe benefits, Temporary staff
– Cost of Materials: Cost of materials, parts, containers, packaging, etc., Cost of resale, Cost of electricity and fuels, Cost of contract work
– Buildings and Equipment: Capex for machinery and equipment, Rental or lease for machinery and equipment, Capex for buildings and structures, Rental or lease for buildings and structures, Repair and maintenance of buildings and machinery
– Other Operating Expenses: Professional and technical services, IT software and hardware, Data processing and communications, Advertising, Refuse removal, Taxes and license fees, All other operating expenses
-Inventory Breakdown: Inventory (as a % of total receipts), Finished goods inventory, Work-in-progress inventory, Materials and supplies inventory
40 – Production Material Costs & Tariff Analysis
– Top Production Material Costs Breakdown
– Industry & Material Tariff Analysis – % of costs, import %, tariff costs, source countries
41 – Producer Pricing Index
– Annual PPI – Indexed to 2006
– 2017-2025 Historical Figures
– Forecasts for 2026 and the Next 5 Years
– Monthly PPI Figures for the Past 4 Years
42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2022-2025 Historical Figures by Quarter
43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years
44 – Productivity & Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– Trend Analysis & Forecasts
45 – Employee Productivity by Segments
46 – Employee Productivity by State
47 – Manufacturing Subsector Sales & Payroll per Employee
– Absolute & 5-year CAGR
48 – Payroll Analysis
– Payroll per Employee, Company & Facility
– Trend Analysis & Forecasts
49 – Payroll per Company by Segments
50 – Payroll per Facility by Segments
51 – Payroll per Employee by Segments
52 – Payroll per Employee by State
53 – Workforce Composition
– % of Employees for 27 Job Categories
– Management & Finance
– Sales & Marketing
– Technology, Engineering, Science
– Service, Support & Training
– Operations
54 – Job Categorization Pay Ranges
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%
55 – Top 20 Jobs Breakdown
– Percent of Total Employees
56 – Top 20 Jobs Pay
57 – Employees per Company by Segments
58 – Employees per Facility by Segments
59 – Facilities per Company by Segments
60 – Total Employment by State
61 – Population to Every Employee by State
62 – Employees per Facility by State
63 – Overview of Kentley Insights
Download a Sample Report
Below is a free sample report download. The 2026 Ice Cream & Frozen Dessert Manufacturing Market Report has the same layout and data sets as the sample report.
Product Lines, Materials, and Jobs Covered in Report
PRODUCT LINES
Ice cream and frozen dessert manufacturing
MATERIAL COST CATEGORIES
Cost of all other materials and components, parts, containers, and supplies consumed
Fluid milk products and dairy product substitutes
Materials, ingredients, containers, and supplies, nsk
Paper and paperboard products
Whole milk
Ice cream and frozen dessert products, including mixes
Dry, condensed, and evaporated dairy products, including dry dairy product substitutes
Chocolate confectionery products, including coatings; sweetened & unsweetened chocolate powder; and cocoa butter, liquor, and syrup
Wet corn milling products, including corn sweeteners, corn flour, corn meal and feed, and starch
Plastics containers (including bottles, jars, tubes, tubs, etc.)
Beet and cane sugar
Flavorings (natural, imitation, etc.), excluding chocolate
Plastics products (including packaging, foam products, film, sheet, rod, tube, fabricated shapes, bottles, etc.)
Nuts and nutmeats, including peanuts
INDUSTRY JOBS ANALYZED
Miscellaneous Food Processing Workers
Packaging and Filling Machine Operators and Tenders
Laborers and Material Movers, Hand
Driver/Sales Workers and Truck Drivers
Chemical Processing Machine Setters, Operators, and Tenders
First-Line Supervisors of Production and Operating Workers
Miscellaneous Production Workers
Industrial Machinery Installation, Repair, and Maintenance Workers
Industrial Truck and Tractor Operators
Inspectors, Testers, Sorters, Samplers, and Weighers
Maintenance and Repair Workers, General
Shipping, Receiving, and Traffic Clerks
Crushing, Grinding, Polishing, Mixing, and Blending Workers
Stock Clerks and Order Fillers
Sales Representatives, Wholesale and Manufacturing
Agricultural and Food Science Technicians
Fast Food and Counter Workers
General and Operations Managers
Building Cleaning Workers
Industrial Production Managers
About Kentley Insights
All the top consulting firms, banks, accounting firms, private equity firms, and many of the Fortune 1000 depend on Kentley Insights for their in-depth market research needs.
Purchase the 2026 U.S. Ice Cream & Frozen Dessert Manufacturing Market Report to unlock the 63 pages of data-rich insights backed by our 100% MoneyBack Guarantee.
Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611