Ken Research has announced its distribution on, “Consumer and Market Insights: Ice Cream in Romania” which provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares. The report includes overall market value and volume data with proper growth analysis for the future years for Artisanal Ice Cream, Impulse Ice Cream-Single Serve, and Take-Home and Bulk Ice Cream with inputs on individual segment share within each category and changes in the market share forecast for 2015-2020.
It offers percentage of sales within each category through distribution channels such as Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, On-trade and others in 2015 along with relevant market share of leading players of brands and related growth analysis from 2012-2015.
Report gives consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. It well identifies the packaging material data for Flexible Packaging, Paper & Board and Rigid Plastics; and containers data for: Sachet, Tub and Box.
The performance of ice cream market in most of the countries including Romania prolongs to be affected by strong seasonality which is the major factor that affects its demand. 2016, had been recorded a warmer year than 2015 in the June-August period that further led to consumption of more ice cream. The premium imposed on the ice cream offering was also an important contributor to the overall value growth in 2016.
The ‘Impulse Ice Cream-Single Serve’ category in Romania has accounted for the largest share in the Off-trade volume consumption while Artisanal Ice Cream tops the On-trade consumption in the ice cream market of the country.
Unilever South Central Europe SRL had been the leader of ice creams in 2015 and 2016 with value shares of 19% and 20% respectively. The factors like premium offering, expanded distribution and advertising created a significant awareness and visibility for its umbrella brand Algida, which further propelled the company to be at the top position.
On-trade ice creams’ sales in Romania have been able to continually top the overall distribution of Ice cream in the country where Betty Ice, Nestle S.A. TOP GEL PROD SRL have been the major players in the country’s market.
Flexible Packaging has persisted to be the majorly used packaging material in the Ice Cream market from the very beginning of the market. It is this packing only usually which assures the consumers of the quality of the product they are buying. The Romanian Ice Cream market is projected to record higher levels of growth in Off-trade sales than On-trade sales till the year 2020. As per the report, The Ice Cream market is forecasted to evolve and expand at a CAGR of 7.6% in volume terms in the future years.
The ‘Impulse Ice Cream-Single Serve’ is further expected to submit the fastest growth in both On-trade and Off-trade consumption in the years to proceed. On a whole, the market is viewed as registering huge profits year after year. The ever rising positions of the premium brands due to economic growth and recovery in incomes is ultimately projected to lead value growth.
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Related links:
https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/consumer-market-insights-ice-cream-sweden/82567-11.html
https://www.kenresearch.com/food-beverage-and-tobacco/dairy-products/consumer-market-insights-ice-cream-ukraine/82570-11.html
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