Frozen Desserts Market size is expected to reach nearly US$ 129.65 Bn by 2029 with the CAGR of 5% during the forecast period. The global Frozen Desserts market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Frozen Desserts report also provides trends by market segments, technology, and investment with a competitive landscape. To know about the Research Methodology :- Request Free Sample Report
Frozen Desserts Market Overview:The global frozen desserts market is expected to grow at a CAGR of 5.0% during the forecast period. The market size of the global frozen desserts market was valued at USD 87.75 Bn. in 2021, and it is expected to reach USD 129 Bn. by 2029. Frozen desserts are a dessert made by milk compounds, freezing liquids, semi-solid, vegetable fats, and a mixture of dry fruits. Consumers want to eat frozen desserts products after a meal for better digestion. The frozen desserts market is growing owing to changes in taste & preference of consumers, changes in income, some climate changes conditions, launching a new flavour product. The coronavirus disease has resulted in a massive challenge for frozen desserts market growth due to consumers want to eat those products which can raise immunity, gives nutrition, vitamins & proteins. The manufacturing and supply chain of frozen desserts market was destroyed due to trade restrictions, reducing consumption; hotels/restaurants were also closed.
Frozen Desserts Market Dynamics:The major driving factor for the frozen desserts market is increasing disposable income across the globe. Consumers are willing to spend on desserts, changes in lifestyle, and changes in food tastes. Consumers want products such as nutritional, health benefits like yogurt is a good source of protein, vitamins, and its demand is increasing globally. Low-fat ice-cream is the second most popular category in dairy foods because consumers are shifting towards health benefits products. High consumption of frozen yogurt & ice cream is increasing market revenue of frozen desserts. Even though the frozen market is growing faster and there is a lot of scope for frozen dessert market, but there is some restraints in front of manufacturers are maintaining a balance between the current demand for vegan, changing in consumer taste & preferences and rising popularity & demand for organic foods. These are the restraints factors which can hamper the market growth of frozen desserts. Various companies are looking to expanding their portfolio by investing in the frozen desserts market due to the rising popularity and demand for frozen desserts. Rising expenditure on Research & development of innovative products and companies is investing in digitalization which is good for customer satisfaction. Various innovative flavors have been launched in the frozen bakery and dessert category in recent years.
Frozen Desserts Market Trends:Innovative Flavors is Boosting the Market Growth To gain more competitive advantage and more customers; companies are launching innovative, premium, a good source of ingredients. For example- Lactose-free ice cream is one of the latest trends anticipated to gain traction in the ice cream market. Vegan ice cream is also good for skin, heart, hair. Preference for ice-cream parlors is rising in developing countries.
Frozen Desserts Market Segment Analysis:The global frozen desserts market is segmented into product and Distribution Channel. Based on Product, the global frozen desserts market is sub-segmented into four types. Confectionary & Candies, Ice cream, Frozen yogurt, others. Ice cream holds the highest market share, 50% of the product segment in 2021, due to increasing the demand for ice cream on a large scale among consumers, and all generations prefer it. The ice cream market was valued at USD 63.0 Bn. in 2021. Premium ice cream is most popular among health-conscious consumers because it comprises high-quality ingredients and less amount of aeration. Asia Pacific holds the highest market share of ice cream and is expected to grow at a CAGR of 4.0% during the forecast period. The demand for ice cream is increasing globally because of its flavors, shape, fat contents, sweetness, texture. Frozen yogurt is expected to grow at the fastest CAGR during the forecast period due to its various health benefits, which provide protein, calcium, vitamins, etc. Frozen Yogurt is projected to reach USD 10.0 Bn. by 2029. Based on Distribution Channel, the global frozen desserts market is bifurcated into four types Supermarkets/Hypermarkets, Convenience stores, Café & Bakery shops, Online. The store-based distribution channel (Supermarkets/Hypermarkets) holds largest market revenue share of 45% in the global frozen desserts market segment. It is expected to emerge as the fastest-growing segment during the forecast period due to rising purchases of daily grocery items, continuously rising demand for desserts in daily meals, convenience, and availability of multiple brands at one destination. However, the online retail segment is anticipated to grow fastest during the forecast period.
Frozen Desserts Market Regional Insights:North America holds the largest market share of the global frozen desserts region market; the U.S. was the largest market accounting for 91.6% share in the North American market. The North American market is growing due to changing lifestyle, along with increasing health consciousness, some technological advancement is boosting the growth of North America market. The Frozen Desserts market in the United States is expected to reach US$ 28.8 Billion in the year 2022. China is expected to grow at a CAGR of 7.0% and reach USD Bn. by 2029. Asia Pacific region is expected to grow at the fastest CAGR due to changing dietary habits and rapid urbanization, increasing disposable income. The top leading worldwide Ice cream shipments continents in 2021 are–European Countries-(80% of the world), Asian Countries- (10% ), North America- (6.3%). The objective of the report is to present a comprehensive analysis of the global Frozen Desserts market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Frozen Desserts market dynamics, structure by analyzing the market segments and project the global Frozen Desserts market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Frozen Desserts market make the report investor’s guide.
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Global Frozen Desserts Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US$ 87.75 Bn. Forecast Period 2022 to 2029 CAGR: 5% Market Size in 2029: US$ 129.65 Bn. Segments Covered: by Product • Confectionary & Candies • Ice Cream • Frozen Yogurt • Others by Category • Conventional • Sugar-Free by Distribution Channel • Supermarkets/Hypermarkets • Convenience Stores • Café & Bakery Shops • Online
Frozen Desserts Market, by Region• North America (United States, Canada and Mexico) • Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) • Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) • Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) • South America (Brazil, Argentina Rest of South America)
Frozen Desserts Market Key Players• Wells enterprise • Amul • Baskin Robbins LLC • ConAgra Foods • Danane • Ferrero Spa • General mills inc • London Dairy Co. ltd • Mother Dairy • Nestle SA • Unilever group • Cielo • Kraft foods group Inc. • Bulla Dairy foods • Dairy farmers of America Frequently Asked Questions: 1. Which region has the largest share in Global Frozen Desserts Market? Ans: North America region holds the highest share in 2021. 2. What is the growth rate of Global Frozen Desserts Market? Ans: The Global Frozen Desserts Market is growing at a CAGR of 5 % during forecasting period 2022-2029. 3. What is scope of the Global Frozen Desserts market report? Ans: Global Frozen Desserts Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Frozen Desserts market? Ans: The important key players in the Global Frozen Desserts Market are – Wells enterprise, Amul, Baskin Robbins LLC, ConAgra Foods, Danane, Ferrero Spa, General mills inc, London Dairy Co. ltd, Mother Dairy, Nestle SA, Unilever group, Cielo, Kraft foods group Inc., Bulla Dairy foods, and Dairy farmers of America. 5. What is the study period of this market? Ans: The Global Frozen Desserts Market is studied from 2021 to 2029.
1. Global Frozen Desserts Market: Research Methodology 2. Global Frozen Desserts Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Frozen Desserts Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Frozen Desserts Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Frozen Desserts Market Segmentation 4.1 Global Frozen Desserts Market, by Product (2021-2029) • Confectionary & Candies • Ice Cream • Frozen Yogurt • Others 4.2 Global Frozen Desserts Market, by Distribution Channel (2021-2029) • Supermarkets/Hypermarkets • Convenience Stores • Café & Bakery Shops • Online 4.3 Global Frozen Desserts Market, by Category (2021-2029) • Conventional • Sugar-Free 5. North America Frozen Desserts Market(2021-2029) 5.1 North America Frozen Desserts Market, by Product (2021-2029) • Confectionary & Candies • Ice Cream • Frozen Yogurt • Others 5.2 North America Frozen Desserts Market, by Distribution Channel (2021-2029) • Supermarkets/Hypermarkets • Convenience Stores • Café & Bakery Shops • Online 5.3 North America Frozen Desserts Market, by Category (2021-2029) • Conventional • Sugar-Free 5.4 North America Frozen Desserts Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Frozen Desserts Market (2021-2029) 6.1. European Frozen Desserts Market, by Product (2021-2029) 6.2. European Frozen Desserts Market, by Distribution Channel (2021-2029) 6.3. European Frozen Desserts Market, by Category (2021-2029) 6.4. European Frozen Desserts Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Frozen Desserts Market (2021-2029) 7.1. Asia Pacific Frozen Desserts Market, by Product (2021-2029) 7.2. Asia Pacific Frozen Desserts Market, by Distribution Channel (2021-2029) 7.3. Asia Pacific Frozen Desserts Market, by Category (2021-2029) 7.4. Asia Pacific Frozen Desserts Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Frozen Desserts Market (2021-2029) 8.1 Middle East and Africa Frozen Desserts Market, by Product (2021-2029) 8.2. Middle East and Africa Frozen Desserts Market, by Distribution Channel (2021-2029) 8.3. Middle East and Africa Frozen Desserts Market, by Category (2021-2029) 8.4. Middle East and Africa Frozen Desserts Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Frozen Desserts Market (2021-2029) 9.1. South America Frozen Desserts Market, by Product (2021-2029) 9.2. South America Frozen Desserts Market, by Distribution Channel (2021-2029) 9.3. South America Frozen Desserts Market, by Category (2021-2029) 9.4 South America Frozen Desserts Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Wells enterprise 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Amul 10.3 Baskin Robbins LLC 10.4 ConAgra Foods 10.5 Danane 10.6 Ferrero Spa 10.7 General mills inc 10.8 London Dairy Co. ltd 10.9 Mother Dairy 10.10 Nestle SA 10.11 Unilever group 10.12 Cielo 10.13 Kraft foods group Inc. 10.14 Bulla Dairy foods 10.15 Dairy farmers of America