The Frozen Desserts Market is expected to register a CAGR of 4.13% from 2023 to 2031, with a market size expanding from US$ XX million in 2023 to US$ XX Million by 2031.
The Frozen Desserts Market is segmented by product type into Ice Cream, Yogurts, Cakes and Pastries, and Others, and by category into Conventional and Sugar-Free. By distribution channel, the market is divided into Supermarkets and Hypermarkets, Specialty Stores, and Others. Projections up to 2031 explore trends in plant-based and lactose-free desserts, with a global market breakdown by region and key countries. The market evaluation is presented in US$ for the segmental analysis.
Purpose of the Report
The report Frozen Desserts Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Frozen Desserts Market Segmentation
Product Type
- Ice Cream
- Yogurts
- Cakes and Pastries
- Others
Category
- Conventional
- Sugar-Free
Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Others
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Frozen Desserts Market: Strategic Insights
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Frozen Desserts Market Growth Drivers
- Rising demand for luxuriant, on-the-go desserts: Consumers nowadays have hectic schedules and crave luxuriant, convenient, easy-to-eat, and low-prep desserts that need little preparation, which drives demand for frozen desserts.
- Rising demand for plant-based and dairy-free desserts: Demand for vegan and lactose-free desserts is growing, as people are looking for an alternative to milk. That is driving the frozen desserts market growth.
- Growing appetite for healthier options such as low-calorie and sugar-free frozen desserts: Customers are eating more healthily and prefer frozen desserts that are specifically targeted at health requirements like low-calorie, sugar-free, and low-fat frozen desserts.
Frozen Desserts Market Future Trends
- Development of vegan and non-dairy-based desserts: As more people adopt plant-based diets, vegan frozen desserts that use coconut, almond or soy milk, among other plant-based ingredients, are on the rise.
- Increasing demand for premium, handcrafted frozen desserts: People are willing to pay more for premium, gourmet frozen desserts with special ingredients and handcrafted production that is like having a luxury.
- Shift Toward Eco-Friendly Packaging: As the issue of sustainability becomes more of a consumer demand, brands are implementing packaging made of recycled or biodegradable material.
Frozen Desserts Market Opportunities
- Opportunities in the Health and Wellness Segment: Health and wellness trends keep on growing; hence there are opportunities for brands to innovate, and make frozen desserts a healthier choice. For instance, this could be done with reduced sugar, fat, and calories or including functional ingredients such as probiotics, superfoods, or plant-based proteins. The room for growth in functional frozen desserts can also be in digest-supporting, immunity-promoting, and weight-management-focused items catering to the health-conscious indulger seeking a balance of both.
- Global Market Expansion: Asia, Africa, and Latin America are prime areas where growth is promising as salaries go up and consumers start to want Western frozen treats.
- Health-Driven Frozen Desserts: The demand for frozen desserts with added health-enhancing nutrients (protein, fiber, vitamins, etc.) focuses on the wellness consumer.
Frozen Desserts Market Regional Insights
The regional trends and factors influencing the Frozen Desserts Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Frozen Desserts Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Frozen Desserts Market
Frozen Desserts Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2023 | US$ XX Million |
| Market Size by 2031 | US$ XX Million |
| Global CAGR (2023 - 2031) | 4.13% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
Frozen Desserts Market Players Density: Understanding Its Impact on Business Dynamics
The Frozen Desserts Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Frozen Desserts Market are:
- Bulla Dairy Foods
- Conagra Brands, Inc.
- Dairy Farmers of America
- DD IP Holder LLC
- Dunkin' Brands Group, Inc.
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Frozen Desserts Market top key players overview
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Frozen Desserts Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Frozen Desserts Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The market is expected to register a CAGR of 4.13% during 2023–2031.
The frozen desserts market is driven by growing consumer inclination towards indulgent and convenient frozen treats, especially in warmer climates. Growing health awareness is increasingly pushing the demand for lactose-free, dairy-free, and plant-based alternatives. Innovations in flavour profiles and packaging are also giving a boost to the markets.
Future trends include the shift toward healthier, plant-based options, and the rise of functional ingredients like probiotics in frozen desserts.
Key companies in this market are- Bulla Dairy Foods, Conagra Brands, Inc., Dairy Farmers of America, DD IP Holder LLC, Dunkin' Brands Group, Inc., Fonterra Co-operative Group Ltd., General Mills, Inc., Meiji Holdings Co., Ltd., Nestle SA, Unilever PLC,
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
Trends and growth analysis reports related to Food and Beverages : READ MORE..
1. Bulla Dairy Foods
2. Conagra Brands, Inc.
3. Dairy Farmers of America
4. DD IP Holder LLC
5. Dunkin' Brands Group, Inc.
6. Fonterra Co-operative Group Ltd.
7. General Mills, Inc.
8. Meiji Holdings Co., Ltd.
9. Nestle SA
10. Unilever PLC
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