The ice cream market in Cambodia was valued at USD 11.08 million in 2022, and is projected to reach USD 16.87 million by 2028, registering a CAGR of 7.3% from 2023 to 2028. Ice cream is a sweetened, solidified nutritional product made using milk and cream. The preparation of ice cream also involves natural products or different fixings and flavors. It is usually sweetened with sugar or sugar substitutes. The major factors driving the market growth include rise in disposable income and increased preference for niche ice cream flavors.
The report overview includes studying the market analysis by product type and distribution channel, and leading players. Also, the report analyzes the potential of the Cambodia ice cream industry, providing statistical information about market size, forecast, growth rate, and market share.
This report includes market analysis by product type (including sub-segment) and distribution channel, and examines the financial performance and competitive strategies of the leading industry players separately. The report gives the growth potential of the Ice Cream market in Cambodia, providing statistics including market size, forecast for the next 5 years, segment growth rates and market shares of the top players.
Research Coverage
Based on product type, the Cambodia ice cream market is segmented into impulse ice cream, take-home ice cream, frozen yoghurt, and others. The impulse ice cream segment led the market and accounted for a share of 72.6% in 2022. It is expected to expand at a CAGR of 6.6% from 2023 to 2028. The availability of impulse ice cream in different forms such as ice cream sandwiches, ice cream cones, ice lollies etc. has made impulse ice cream segment very popular among school going children. The attractive packaging of such impulse ice cream is expected to draw attention of children and boost the sales of the impulse ice cream segments.
Based on distribution channel, the ice cream industry is segmented into small grocery store, convenience stores, supermarkets & hypermarkets, and others. The small grocery segment accounted for the highest share of the ice cream market in Cambodia in 2022 and is estimated to continue its dominant share during the forecast period.
Competitive Landscape
The Cambodian ice cream market is characterized by competition from multinational companies such as Nestle and Unilever and local manufacturers. It is worth noting that private brands have a significant presence in it. Two large corporate head players (ThaiBev and Nestle) control about 30% of the market, while private labels account for another 52.3%.
Table of Contents
1. Introduction 1
Market Segment 1
Exchange Rate 2
Research Methodology 3
Primary Research 3
Secondary Research 3
Information Sources 4
2. Cambodia Ice Cream Market – Overview 5
3. Cambodia Ice Cream Market – Product Analysis 8
Impulse Ice Cream 9
Take-Home Ice Cream 10
4. Cambodia Ice Cream Market – Distribution Channel Analysis 12
5. Competitive Landscape 14
Chomthana Co., Ltd. 16
Business Overview 16
SWOT Analysis 17
Nestle S.A. 17
Business Overview 17
Financial Overview 17
SWOT Analysis 20
Thai Beverage Public Company Limited (ThaiBev) 21
Business Overview 21
Financial Overview 21
SWOT Analysis 23
Unilever plc 23
Business Overview 23
Financial Overview 23
SWOT Analysis 27
6. Economic Data and Forecast 28
Disclaimer 29
Companies Mentioned
Chomthana Co., Ltd.
Nestle S.A.
Thai Beverage Public Company Limited (ThaiBev)
Unilever plc