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In 2022, the global market for frozen desserts was estimated to be worth $120.23 billion. From 2023 to 2030, the global frozen desserts market is expected to expand from its current value of USD 127.38 Billion to reach a value of USD 178.79 Billion, a CAGR (compound annual growth rate) of 6.82%. The rise of the frozen dessert sector is being fueled by rising consumer demand and rising disposable income.
After dinner dessert consumption is on the rise, which is good news for the frozen dessert industry. The market is predicted to expand because of factors such as people's increasing disposable income and standard of living, as well as their evolving tastes. The COVID-19 epidemic has had a devastating effect on the expansion of the frozen desserts market. The temporary increase in demand for cold food and food supply chains has affected enterprises across sectors. In addition, customers have become more health conscious throughout the lockdown, and as a result, their purchasing habits have switched towards healthier options.
Consequently, the increasing preference for sugar-free and low-calorie desserts will fuel business expansion. Additionally, consumers have become more adventurous and willing to try new items due to changes in flavor and packaging. Additionally, the cold bread and desserts area of the food and beverage market has seen a number of new product launches in recent years. Customers' priorities have altered, and they are now willing to pay a premium for healthy options. Growth in this market could be affected by the introduction of novel flavors, gluten-free, and low-fat goods over the forecast period.
Concern among customers has led to temporary store closures as authorities try to contain the COVID-19 epidemic. Consumers responded by stocking up on nonperishables like frozen desserts and other pantry essentials. The price of frozen desserts was relatively unaffected by the outbreak, but an increase is anticipated once the lockdown is lifted. Due to increases in operational and raw material costs and losses experienced as a result of the pandemic, producers are likely to increase the pricing of frozen desserts.
There has been a recent uptick in the sales of specialty ice creams. There has been a rise in ready-to-eat ice cream due to the popularity of smaller snack sizes. The popularity of ice cream as a snack and dessert at home parties has led to an increase in the demand for ice cream that can be taken away. Finally, artisanal ice cream is a favorite among health-conscious consumers because of its all-natural flavors, organic ingredients, and healthy elements like nuts and berries.
Demand for high-quality "premium" ice cream is on the rise as a result of a rise in health consciousness among a bigger demographic section that places a premium on the quality, origin, and novelty of its components. Increasing retail sales of ice cream seem to corroborate the hypothesis that rising urbanization rates are driving up ice cream consumption. An uptick in consumption can also be attributed to the proliferation of fast food chains, which are major end-users [DPO].
In order to identify promising areas for investment, this report provides an in-depth examination of the frozen desserts market, including its history, current state, and projected trajectory. The research provides a complete analysis of the frozen desserts market share in addition to data on the leading drivers, restraints, and opportunities in the industry. The future of the frozen desserts industry is revealed through a quantitative examination of the current market. The strength of buyers and sellers is highlighted by Porter's five forces study. The research offers a thorough examination of the competitive landscape and future trends in the frozen desserts market.
Report Coverage
Global Frozen Dessert research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Frozen Dessert report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Frozen Dessert competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Frozen Dessert market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Frozen Dessert market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Frozen Dessert market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Hain Celestial (US), Wells Enterprises (U.S), General Mills Inc. (US), Unilever (U.K), Nestlé (Switzerland), Kellogg Co. (U.S), Dnb.co.in. (U.S), Conagra Brands, Inc. (US), Unipex Dairy Products Co. Ltd (UK), Danone (France), ADM (U.S), Daiya Foods Inc. (Canada)
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Frozen Dessert market based on the below-mentioned segments:
Global Frozen Dessert Market, By Type
Ice Creams
Yogurts
Cakes
Others
Global Frozen Dessert market, By Category
Conventional
Sugar-free
Global Frozen Dessert Market, By Distribution Channel
Store Based
Non Store Based
Global Frozen Dessert market, Regional Analysis
After dinner dessert consumption is on the rise, which is good news for the frozen dessert industry. The market is predicted to expand because of factors such as people's increasing disposable income and standard of living, as well as their evolving tastes. The COVID-19 epidemic has had a devastating effect on the expansion of the frozen desserts market. The temporary increase in demand for cold food and food supply chains has affected enterprises across sectors. In addition, customers have become more health conscious throughout the lockdown, and as a result, their purchasing habits have switched towards healthier options.
Consequently, the increasing preference for sugar-free and low-calorie desserts will fuel business expansion. Additionally, consumers have become more adventurous and willing to try new items due to changes in flavor and packaging. Additionally, the cold bread and desserts area of the food and beverage market has seen a number of new product launches in recent years. Customers' priorities have altered, and they are now willing to pay a premium for healthy options. Growth in this market could be affected by the introduction of novel flavors, gluten-free, and low-fat goods over the forecast period.
Concern among customers has led to temporary store closures as authorities try to contain the COVID-19 epidemic. Consumers responded by stocking up on nonperishables like frozen desserts and other pantry essentials. The price of frozen desserts was relatively unaffected by the outbreak, but an increase is anticipated once the lockdown is lifted. Due to increases in operational and raw material costs and losses experienced as a result of the pandemic, producers are likely to increase the pricing of frozen desserts.
There has been a recent uptick in the sales of specialty ice creams. There has been a rise in ready-to-eat ice cream due to the popularity of smaller snack sizes. The popularity of ice cream as a snack and dessert at home parties has led to an increase in the demand for ice cream that can be taken away. Finally, artisanal ice cream is a favorite among health-conscious consumers because of its all-natural flavors, organic ingredients, and healthy elements like nuts and berries.
Demand for high-quality "premium" ice cream is on the rise as a result of a rise in health consciousness among a bigger demographic section that places a premium on the quality, origin, and novelty of its components. Increasing retail sales of ice cream seem to corroborate the hypothesis that rising urbanization rates are driving up ice cream consumption. An uptick in consumption can also be attributed to the proliferation of fast food chains, which are major end-users [DPO].
In order to identify promising areas for investment, this report provides an in-depth examination of the frozen desserts market, including its history, current state, and projected trajectory. The research provides a complete analysis of the frozen desserts market share in addition to data on the leading drivers, restraints, and opportunities in the industry. The future of the frozen desserts industry is revealed through a quantitative examination of the current market. The strength of buyers and sellers is highlighted by Porter's five forces study. The research offers a thorough examination of the competitive landscape and future trends in the frozen desserts market.
Report Coverage
Global Frozen Dessert research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Frozen Dessert report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Frozen Dessert competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Frozen Dessert market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Hain Celestial (US), Wells Enterprises (U.S), General Mills Inc. (US), Unilever (U.K), Nestlé (Switzerland), Kellogg Co. (U.S), Dnb.co.in. (U.S), Conagra Brands, Inc. (US), Unipex Dairy Products Co. Ltd (UK), Danone (France), ADM (U.S), Daiya Foods Inc. (Canada) |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Frozen Dessert Market from 2021 to 2030.
- Market Forecast for Frozen Dessert Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Frozen Dessert competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Frozen Dessert
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Frozen Dessert market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Frozen Dessert market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Hain Celestial (US), Wells Enterprises (U.S), General Mills Inc. (US), Unilever (U.K), Nestlé (Switzerland), Kellogg Co. (U.S), Dnb.co.in. (U.S), Conagra Brands, Inc. (US), Unipex Dairy Products Co. Ltd (UK), Danone (France), ADM (U.S), Daiya Foods Inc. (Canada)
Primary Target Market
- Market Players of Frozen Dessert
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Frozen Dessert market based on the below-mentioned segments:
Global Frozen Dessert Market, By Type
Ice Creams
Yogurts
Cakes
Others
Global Frozen Dessert market, By Category
Conventional
Sugar-free
Global Frozen Dessert Market, By Distribution Channel
Store Based
Non Store Based
Global Frozen Dessert market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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