Hungarian Ice Cream Market Worth Over HUF 35 Billion

  • 16 May 2019 8:10 AM
  • Budapest Business Journal
Hungarian Ice Cream Market Worth Over HUF 35 Billion
The Hungarian ice cream market is expected to grow by 20%, generating output of HUF 35 billion, according to the latest gauge compiled by market research firm Nielsen, business news site vg.hu reported.

The study said that bucket versions of ice cream are still the most popular, accounting for 53% of total sales. Sticks and bars hold 34% of the market, and cones 10%. The study did not include gelato and ice cream powders.

Customers purchase three out of four ice creams in malls bigger than 400 square meters. A little more than 60% of purchased products are one of the given shop’s own brands.

Chocolate and vanilla-flavored ice creams are the most popular, but strawberry, nut and punch are also among the favorite flavors. The survey said that demand is also growing for sugar and lactose-free ice cream, as well as vegan products.

  • How does this content make you feel?

XpatLoop Media Partner

Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

Explore More Reports

  • Budapest Black Food Festival, 21 March

    Budapest Black Food Festival, 21 March

    • 17 Jan 2020 7:48 AM

    The Black Food Festival, a project started by Hungarian food enthusiasts, is on an astonishing international tour and is now coming back to Budapest.

  • Annual 'Winter Picnic' In Etyek, 18 January

    Annual 'Winter Picnic' In Etyek, 18 January

    • 2 Jan 2020 8:24 AM

    Why stay at home while the Gastro-Promenade of Etyek awaits you with hurka, sausages, mulled wine and live music? Break the ice and start 2020 in Etyek!

  • Alternative Guide For Foodies In Budapest

    Alternative Guide For Foodies In Budapest

    • 5 Sep 2019 11:12 AM

    Wandering the streets of Budapest, you’ll find a treasure trove of delicious menus boasting traditional fare. But where do vegetarians and vegans, and our food-sensitive friends go to enjoy a delicious bite to eat?

  • Hungarian Biscuit Industry Joins Global Boom

    Hungarian Biscuit Industry Joins Global Boom

    • 30 Jul 2019 8:39 AM

    With an estimated 4% increase in turnover this year, the 28,000-tonnes domestic biscuit market has joined the international "biscuit express", with the global biscuit market expanding by about 5% annually, the Association of Hungarian Confectionary Manufacturers says.