However, the name was an invention of company founders Rose and Reuben Mattis, who wanted customers to associate the company with Denmark’s well-respected dairy industry. This company may be a surprising entry on this list due to its Danish-sounding name. General Mills later acquired Pillsbury in 2001 and currently still owns the Haagen Dazs brand. Haagen Dazs was founded in 1960 and operated as an independent creamery until 1983 when the Pillsbury Company acquired it. The company frequently engages in social activism, and its founders have stated such activities as part of the organization’s core values. Much of their early success has been attributed to this wide selection of flavors that customers could choose from, which was not common in the ice cream industry.īen Jerry’s has also received a great deal of both criticism and praise for their various statements over the years on U.S politics. The company is well-known for its wide selection of 54 different flavors, with its best-selling variant being cookie dough. The company operated independently from its founding in 1978 to 2000, when British conglomerate Unilever acquired it.īen Jerry’s operates production facilities in three states, as well as the Netherlands and Israel. Research and industry experts have all found that consumers value ice cream brands that they perceive to be local and homegrown.Īs you’ll soon see, most of the largest solo ice cream brands try to adopt this same image in their advertising and branding efforts.īen Jerry’s is the world’s largest manufacturer of ice cream, sorbet, and frozen yogurt by annual revenue. Private label sales in 2020 alone amounted to 392 million units, more than double that of the top solo brand, Ben Jerry’s.Īlthough not an actual company, we included this at the top of the list as it demonstrates a key aspect of the ice cream industry. The United States ice cream market is dominated by small private labels that sell their ice cream locally. We’ll briefly cover each company’s history, as well as examine their flagship products and production capabilities.ġ0 Largest Ice Cream Companies By Annual Revenue This article will discuss the ten largest ice cream companies in the United States by annual revenue to provide greater insight into the industry. The current consensus seems to be a CAGR of 3.01% from 2021 through 2026. Many experts expect the ice cream industry to continue growing rapidly over the next decade, albeit at a lower rate than 2020. Much of this growth was due to increased demand for pre-packaged bulk ice cream products. The United States Ice Cream industry surged in 2020, with total sales reaching $6.97 billion, representing an increase of 13.4% over the previous year. The global ice cream market is projected to grow at a CAGR of 5.20% through 2029. The average American consumes 20 pounds of ice cream per year. The largest ice cream company in the US is Ben & Jerry’s, with 2022 sales of $910.68 million.Īs of 2023, the US ice cream industry has a market size of $10.6 billion.

Largest Ice Cream Companies Research Summary

Dryers ice cream flavors