Ice Cream And Frozen Dessert Market 2021 Growing Trends and Demand - Ben & Jerrys; Dean Foods; Dreyers

Ice Cream And Frozen Dessert Global Market Report 2021: COVID 19 Impact and Recovery to 2030

The ice cream and frozen dessert market consists of sales of ice cream and frozen dessert by entities (organizations, sole traders and partnerships) that produce ice cream, frozen ices, frozen yogurts, sherbets and other frozen desserts (except bakery products). The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The ice cream and frozen dessert market is segmented into ice cream and frozen dessert.

The global ice cream and frozen dessert market is expected to grow from $88.6 billion in 2020 to $95.36 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $124.75 billion in 2025 at a CAGR of 7%.

Top Leading Companies mentioned are

Ben & Jerrys; Dean Foods; Dreyers; Nestle; Kwality

Asia Pacific was the largest region in the global ice cream and frozen dessert market, accounting for 40% of the market in 2020. Western Europe was the second largest region accounting for 39% of the global ice cream and frozen dessert market. Africa was the smallest region in the global ice cream and frozen dessert market.

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Market Segmentation by Types:           

1) By Type: Ice Cream; Frozen Dessert       

2) By Distribution Channel: Supermarkets/Hypermarkets; Convenience Stores; E-Commerce; Others       

Subsegments Covered: Gelato; Frozen Novelties; Frozen Yogurt; Other Frozen Dessert               

The demand for clean label products is increasing rapidly owing to significant rise in awareness of healthy eating. Clean label dairy products do not contain additives, artificial flavor enhancers, dyes or artificial preservatives. Also, many food service and retail grocery store chains are stating lists of ingredients that cannot be present in food items in their stores or restaurants. For instance, a USA based yogurt brand Siggis Dairy introduced clean label yogurt pouches for children.

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the ice cream and frozen dessert manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID 19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the Peoples Republic of China and spread globally including Western Europe, North America and Asia. Food and beverage manufacturers depend on supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to lack of raw materials. Also, restrictions on trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the ice cream and frozen dessert manufacturing market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

World population is growing and is expected to reach 10 billion by 2050. Increase in population creates more demand for food. According to The Agricultural Outlook by the OECD and FAO, global cereal production was projected to increase by 13% by 2027. Trade volumes will have to increase in order to meet increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products including ice cream and frozen dessert due to rising population, during the forecast period.

Essential points covered in Global Ice Cream And Frozen Dessert Market2020 Research are: -

What will the market size and the growth rate be in 2020?
What are the key factors driving the global Ice Cream And Frozen Dessert market?
What are the key markets trends impacting the growth of the global Ice Cream And Frozen Dessert market?
What are the challenges to market growth?
Who are the key vendors in the global Ice Cream And Frozen Dessert market?
What are the market opportunities and threats faced by the vendors in the global Ice Cream And Frozen Dessert market?
What are the key outcomes of the five forces analysis of the global Ice Cream And Frozen Dessert market?

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This independent 300 pages report guarantees you will remain better informed than your competition. With over figures examining the Ice Cream And Frozen Dessert market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader’s market revenue forecasts as well as analysis to 2020.

Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Ice Cream And Frozen Dessert in these regions, from 2014 to 2020(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Furthermore, the report provides a detailed analysis of the global Ice Cream And Frozen Dessert market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Lithium-Ion Batteries market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

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The research includes historic data from 2014 to 2020 and forecasts until 2020 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Ice Cream And Frozen Dessert on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Ice Cream And Frozen Dessert Market and assist manufacturers and Ice Cream And Frozen Dessert organization to better grasp the development course of Ice Cream And Frozen Dessert Market.

Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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