Press release
Dairy Desserts Market | Growth Worth is CAGR of about 4.2% | Application | Insight | Forecast to 2023
Dairy desserts cater to impulse for indulgence such that even nutrition and weight conscious consumers find themselves craving for rich and fattening desserts. The growing dairy industry is influencing the growth of dairy desserts market globally. The rise in demand for ice cream among all age group is boosting the growth of dairy desserts market.
Dairy desserts contain nutrition of milk and are a natural source of calcium, potassium, magnesium, vitamin A and other vitamins and minerals. Dairy desserts have gained popularity in numerous countries. Few popular types of dairy desserts include ice cream, yogurt, custard, puddings, sherbet, and others. The most popular among them is ice cream which is available in various flavors. Sherbet is another popular frozen dessert made with fruit juice with added milk or cream, egg white or gelatin. Moreover, dairy desserts are available in different packaging material such as glass, metal, plastic, paper and others which safeguards the shelf life of the product.
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Key Players:
Some of the key players profiled in the global dairy desserts market are Parmalat S.p.A (Italy), Nestle (Switzerland), FrieslandCampina (The Netherlands), General Mills (U.S.), DANA Dairy (Switzerland), GCMMF (AMUL) (India), Danone (France).
Key Findings:
Strawberry and cookies n’ cream is the most popular flavors in ice cream for the U.S. market.
Private-label dairy desserts are comparatively cheaper which is increasing the demand for the same rapidly
Segments:
Based on the packaging material, dairy desserts market is segmented into glass, plastic, metal, paper, and others. Among all, the paper and plastic segments are expected to be the fastest growing segments.
On the basis of sales channel, dairy desserts market is segmented into on-trade and off-trade. Among them, the off-trade segment is dominating the market. Availability of wide range of products followed by the convenience of finding all products under one roof is driving the growth of this segment.
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Regional Analysis
North America is anticipated to be growing at a moderate rate for dairy desserts market. The U.S. is the major contributor followed by Canada for dairy desserts market in North America. Innovations and technological advancement is boosting the growth of dairy desserts in rest of the world. Among them, Brazil is projected to be the major contributor to the dairy desserts market.
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