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Häagen-Dazs to exit Brazil after nearly 30 years

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ANBy André Nakamura•August 26, 2026•Sources: G1 Economia, BBC News Brasil

Häagen-Dazs will stop being distributed in Brazil after almost 30 years in the country. The decision comes from General Mills, the American multinational that owns the premium ice cream brand, and was confirmed in a statement released this week, according to BBC News Brasil and G1.

The company attributes the exit to a "portfolio reformulation plan" announced in March 2026. That same month, General Mills had already sold its Brazilian food operations, including the Yoki and Kitano brands, to Grupo 3Corações, a coffee-focused conglomerate, for 800 million reais (roughly 150 million dollars). Häagen-Dazs, whose ice cream is imported, mainly from France, was left out of that deal and now loses its distribution channel in the country altogether.

The numbers explain the disinterest. Between 2021 and 2025 the brand stayed stuck in fifth place in Brazil's ice cream market, holding 2% market share, while the sector as a whole grew from 14.7 billion to 20.3 billion reais a year over the same period, according to consultancy Euromonitor. The market is currently led by The Magnum Ice Cream, owner of Kibon, Ben & Jerry's, Magnum and Cornetto, with 24% share by value, followed by Nestlé (7%), Jundiá (3%) and Creme Mel (2%), per figures cited in the BBC report.

Experts interviewed by BBC and G1 point to four factors behind the withdrawal: General Mills' global restructuring, which prioritizes larger American brands such as Betty Crocker and Cheerios; a shift in Brazilian consumer behavior toward buying less volume but pricier products; the closure of the brand's eight own stores back in 2018, which cut off direct contact with consumers; and a lack of investment in innovation in a premium segment that has grown more crowded, with chains like Bacio di Latte, Borelli, La Basque and Heladeria Havanna moving in.

"The ice cream business requires an entire cold-chain distribution logistics setup, which is costly even for large companies," Cecília Russo Troiano, partner at Troiano Branding, told the BBC. A director at a mid-sized São Paulo supermarket chain, who asked not to be named, told the outlet he stopped stocking the brand a year and a half ago over freezer malfunctions and what he described as poor commercial negotiations, replacing it with Bacio di Latte.

What changes on the ground

For distributors and retailers that still carried the brand, the practical effect is a search for substitutes, a shift already under way according to accounts gathered by the BBC. For Brazilian consumers, the departure of the segment's premium pioneer closes a cycle that began in 1997 and reinforces a trend already in motion: buyers purchase less ice cream but prioritize quality, a behavior that ESPM professor Eduardo Halpern also links to the spread of weight-loss medications like Ozempic and similar drugs, now present in 25% to 30% of Brazilian households, according to a NielsenIQ survey cited by the BBC.

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