Ice cream and frozen novelties once again ruled the frozen dairy aisle in 2020, reaching unprecedented sales heights due to the pandemic and strong demand for comfort food by consumers. According to the AFFI/IRI report, ice cream sales were $7.9 billion—up $1 billion from 2019—with dollar growth of +15.2%. Frozen novelties sold $6.5 billion, an increase of $918 million, with dollar growth of +15.2%. The $14.4 billion in combined sales exceeds 2019’s total of $11.3 billion.
Nestlé—at or near the top of this list for several years—has been replaced by the company that purchased all of Nestlé USA’s ice cream brands, Froneri. That $4 billion transaction became official in January, 2020, and now Froneri produces ice cream and novelties for the Haagen-Dazs, Dreyer’s, Drumstick, Edy’s, Skinny Cow, and Outshine brands in the U.S. market, while General Mills still has the overseas rights to Haagen-Dazs.
We won’t know the full extent of Froneri’s ice cream revenues from the Nestlé transaction until Froneri releases their 2020 annual report, which usually comes out at the end of June. Currently, Froneri is the world’s second largest ice cream producer, after Unilever.