The global frozen desserts market is mainly driven by the growth of the retail sector as well as the growing interest among consumers in non-dairy frozen desserts, according to the latest research report from Market Research Future (MRFR).
The Frozen Desserts market trend is projected to grow from USD 127.30 Billion in 2023 to USD 178.74 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.82% during the forecast period (2023 - 2030)
Competitive Analysis:
Leading players in the global frozen dessert market include Ben Jerry’s, Blue Bell Creameries, Wells Enterprises Inc., Unilever, Nestle SA, Byrne Dairy, Hiland Dairy, Cool Delight Desserts Ltd., and Gilfi SA.
New product launches are likely to the preferred method for players in the frozen dessert market. In addition, environmental awareness is also growing in the frozen dessert industry. In March 2019, Coconut Bliss, a dairy-free ice cream producer, became the first customer of Evergreen Packaging’s Sentinel fully renewable ice cream paperboard packaging.
Segmentation:
The global frozen desserts market is segmented on the basis of type, ingredients, and region.
Based on type, the market is segmented into flavored liquid, fruit juice, milk cream, mousse, and others. The mousse segment is expected to exhibit the highest growth rate over the forecast period due to the increasing demand for mousse products among consumers.
Based on ingredients, the market is segmented into dairy based, non-dairy based, fruits, gelatos, and others. Dairy-based frozen desserts hold the largest share in the global frozen dessert market. However, non-dairy based frozen desserts are likely to exhibit a higher growth rate over the forecast period due to the growing prevalence of lactose intolerance among consumers.
Regional Analysis:
North America is likely to dominate the global frozen dessert market over the forecast period due to the growing demand for frozen desserts in North America and the growing presence of major players in the region, which is adding to the regional market’s growth prospects. Frozen desserts have emerged as a popular treat in North America, where desserts are part of the traditional meal and frozen desserts have thus captured a growing market. The growing demand for frozen desserts from families in urban centers in North America is likely to be the major driver for the frozen dessert market in the region. Frozen desserts allow individuals and families to consume desserts without going to the trouble of making them, which is a major driver for the frozen dessert market in North America. Frozen juices and mousses have emerged as particular favorites among the North American consumer demographic and are likely to remain the major revenue generators over the forecast period. The presence of several leading players in the frozen dessert market in North America is also a major driver for the North America market for frozen desserts and is likely to advance the market’s cause in the coming years.
To get free sample copy: https://www.marketresearchfuture.com/sample_request/1520
Europe is the second largest regional market for frozen desserts and is likely to retain its position over the forecast period due to the growing demand for frozen juices, milk and cream, and mousses in the coming years. European consumers are more aware of environmentally viable frozen dessert preparations and thus prefer organic products over conventional products. The increasing demand for vegan, dairy-free frozen desserts is also likely to be a major driver for the European frozen dessert market over the forecast period. Dairy-free frozen desserts are likely to account for a major share in the global frozen dessert market due to the growing number of consumers going vegan and showing concern towards the animal products industry’s adverse impact on animal health as well as environmental stability. Increasing concern for animals among European consumers is likely to drive the consumption of dairy-free frozen desserts in the coming years, lending a new dimension to the growth prospects of the Europe frozen desserts market.
Asia Pacific is also likely to be a major driver for the global frozen dessert market report over the forecast period due to the increasing demand for frozen desserts in countries such as India, China, Japan, South Korea, and Indonesia. Growing presence of distribution centers such as supermarkets and hypermarkets in Asia Pacific is likely to be a major driver for the frozen dessert market in Asia Pacific over the forecast period. increasing presence of local manufacturers in the frozen dessert market is also likely to be a key factor in the Asia Pacific market’s growth over the forecast period. Growth of the retail sector in Asia Pacific is also likely to be a major driver for the frozen dessert market in the region over the forecast period.
Key Players are:
The Hain Celestial Group (US), Halo Top Creamery (US), General Mills Inc. (US), Unilever (UK), Nestlé SA (Switzerland), Kellogg Company (US), DD IP Holder LLC (US), Conagra Brands Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), Dairy Queen (US), Ferrero (Luxembourg), Daiya Foods Inc. (Canada), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), Arla Foods amba (Denmark), and Unilever (UK), and others
Related Reports:
Seaweed Market Research Report Information By Type (Brown Seaweed, Green Seaweed, Red Seaweed), By Form (Powder, Liquid, Flakes, Others), by End Use (Textile Industry, Food, Paper and Pulp, Welding Rods, Pharmaceuticals, Personal Care products, Others) and Region Forecast to 2027
Fortified Beverages Market Research Report Information- by Nutrients Type (Minerals, Vitamins and others), Product Type (Non-Alcoholic, Alcoholic), Distribution Channel (Store Based and Non-Store Based) and Region - Forecast to 2030
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
PH no.: +1 646 845 9312
