Ice cream, a beloved treat worldwide, continues to see growth in demand and innovation, making it an attractive sector for investors. As consumer preferences shift towards premium, health-conscious, and sustainable options, certain brands are poised for significant growth. Here are the ten best ice cream brands to consider investing in by 2024.
1. Ben & Jerry’s
Ben & Jerry’s, a household name in the ice cream industry, is renowned for its rich flavors and creative concoctions. Established in 1978, this Vermont-based company has become synonymous with high-quality ice cream and social activism. The brand’s commitment to environmental sustainability, fair trade ingredients, and social causes resonates with today’s consumers.
Investing in Ben & Jerry’s is appealing due to its strong market presence and brand loyalty. The company consistently innovates with new flavors and collaborations, ensuring its products remain relevant and exciting. Furthermore, Ben & Jerry’s parent company, Unilever, provides robust financial backing and strategic support, making it a stable investment choice.
2. Häagen-Dazs
Häagen-Dazs is another premium ice cream brand that has captivated consumers with its luxurious taste and high-quality ingredients since its inception in 1961. Known for its minimalist packaging and classic flavors, Häagen-Dazs appeals to those who prefer a sophisticated dessert experience.
The brand’s global reach and strong market position make it a worthwhile investment. Häagen-Dazs is continually expanding its product line to include dairy-free and lower-calorie options, catering to health-conscious consumers. This adaptability and commitment to quality ensure Häagen-Dazs remains a top contender in the ice cream market.
3. Talenti Gelato & Sorbetto
Talenti Gelato & Sorbetto, famous for its authentic gelato and sorbet, has carved out a niche in the frozen dessert industry. Founded in 2003, Talenti prides itself on using natural ingredients and traditional methods to create its creamy, flavorful products. The brand’s transparent packaging and extensive flavor variety have garnered a loyal customer base.
Investors should consider Talenti due to its growth potential and market differentiation. The brand is well-positioned to capitalize on the increasing demand for premium and artisanal ice cream products. Talenti’s commitment to innovation and quality ensures it remains a strong player in the competitive ice cream market.
4. Magnum
Magnum, known for its decadent chocolate-coated ice cream bars, offers a luxurious dessert experience. Launched in 1989, Magnum has become a global sensation, appealing to consumers with its indulgent flavors and premium ingredients. The brand’s association with pleasure and indulgence makes it a standout in the crowded ice cream sector.
Magnum’s parent company, Unilever, provides substantial marketing and distribution support, enhancing its market presence. The brand’s continuous introduction of new flavors and limited-edition products keeps consumers engaged. Investing in Magnum offers the potential for solid returns due to its strong brand equity and consumer appeal.
5. Breyers
Breyers, a staple in American households since 1866, is known for its natural ingredients and classic flavors. The brand’s commitment to simple, wholesome ingredients resonates with health-conscious consumers. Breyers offers a range of products, including lactose-free and low-calorie options, catering to a broad audience.
Investing in Breyers is advantageous due to its established market presence and loyal customer base. The brand’s focus on transparency and quality aligns with current consumer trends towards healthier and more natural food options. Breyers’ ability to adapt to changing market demands ensures its continued relevance and growth potential.
See Also: Is it profitable to run a frozen yogurt business?
6. Halo Top
Halo Top revolutionized the ice cream industry with its low-calorie, high-protein offerings. Founded in 2011, the brand quickly gained popularity among fitness enthusiasts and health-conscious consumers. Halo Top’s innovative approach and unique value proposition have set it apart from traditional ice cream brands.
The brand’s rapid growth and strong market presence make it an attractive investment opportunity. Halo Top continuously expands its flavor portfolio and explores new product lines, such as dairy-free options, to cater to diverse consumer preferences. Its ability to meet the demand for healthier ice cream alternatives positions Halo Top for sustained growth.
7. Baskin-Robbins
Baskin-Robbins, famous for its “31 flavors,” has been a beloved ice cream brand since 1945. The brand’s extensive flavor selection and vibrant store experience appeal to families and ice cream enthusiasts alike. Baskin-Robbins’ global presence and franchising model contribute to its widespread recognition and accessibility.
Investors should consider Baskin-Robbins for its strong brand equity and growth potential. The company’s ability to adapt to local markets and introduce region-specific flavors enhances its appeal. Baskin-Robbins’ continuous innovation and marketing efforts ensure it remains a prominent player in the global ice cream market.
8. Ample Hills Creamery
Ample Hills Creamery, a Brooklyn-based artisanal ice cream brand, is known for its unique flavors and handcrafted approach. Founded in 2011, the brand quickly gained a cult following for its whimsical creations and storytelling-driven marketing. Ample Hills’ commitment to using high-quality, locally sourced ingredients sets it apart from mass-produced ice cream brands.
Investing in Ample Hills Creamery offers the potential for growth in the premium and artisanal ice cream segment. The brand’s focus on experiential retail and community engagement resonates with modern consumers seeking authentic and memorable food experiences. Ample Hills’ innovative approach and loyal customer base make it a promising investment.
9. Jeni’s Splendid Ice Creams
Jeni’s Splendid Ice Creams, founded by Jeni Britton Bauer in 2002, is celebrated for its artisanal craftsmanship and unique flavor combinations. The brand’s commitment to quality, sustainability, and creativity has garnered a devoted following. Jeni’s use of direct-trade ingredients and partnerships with local producers reflect its dedication to ethical sourcing.
Investors should consider Jeni’s Splendid Ice Creams for its strong brand identity and growth trajectory. The company’s expansion into retail stores and online sales enhances its accessibility and market reach. Jeni’s focus on innovation and seasonal flavors ensures a dynamic product lineup that keeps consumers coming back.
10. Van Leeuwen Ice Cream
Van Leeuwen Ice Cream, established in 2008, is renowned for its creamy texture and innovative flavors. The brand started as a food truck in New York City and has since expanded to multiple locations and retail distribution. Van Leeuwen’s emphasis on natural ingredients and vegan options appeals to health-conscious and ethically minded consumers.
Investing in Van Leeuwen Ice Cream is appealing due to its growth potential and market differentiation. The brand’s commitment to quality and innovation positions it well in the competitive ice cream market. Van Leeuwen’s ability to attract a diverse customer base and its strong brand presence make it a promising investment opportunity.
Conclusion
Investing in the ice cream industry offers opportunities for significant returns, particularly with brands that align with current market trends and consumer preferences. Ben & Jerry’s, Häagen-Dazs, Talenti Gelato & Sorbetto, Magnum, Breyers, Halo Top, Baskin-Robbins, Ample Hills Creamery, Jeni’s Splendid Ice Creams, and Van Leeuwen Ice Cream are standout options for investors seeking to capitalize on the evolving ice cream market. Each of these brands brings unique strengths and growth potential, making them compelling choices for investment by 2024. As the demand for premium, health-conscious, and sustainable ice cream products continues to rise, these brands are well-positioned to lead the industry and deliver impressive returns for investors.
