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Ice Cream And Frozen Dessert Market Size, Share, Trends, Industry Analysis And Forecast Report 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Ice Cream And Frozen Dessert Global Market Report 2023 identifies rising demand for food and beverage products as the major driver for the ice cream and frozen desserts market's growth in the forecast period. The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to "The Agricultural Outlook" by the OECD and FAO, global cereal production is projected to increase by 13% by 2027. Trade volumes will have to increase in order to meet the increased population.
The global ice cream and frozen dessert market size grew from $270.77 billion in 2022 to $294.59 billion in 2023 at a compound annual growth rate (CAGR) of 8.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global ice cream and frozen dessert market is expected to grow to $398.64 billion in 2027 at a CAGR of 7.9%.
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Major competitors in the ice cream and frozen desserts market are Nestle S.A., Unilever plc, Danone S.A., Groupe Lactalis S.A., Frieslandcampina.
A key trend in the ice cream and frozen desserts market includes clean-label products. The demand for clean-label products is increasing rapidly owing to a significant rise in consumer awareness of healthy eating. Clean-label dairy products do not contain additives, artificial flavour enhancers, dyes, or artificial preservatives. Also, many foodservice and retail grocery store chains are stating lists of ingredients that cannot be present in food items in their stores or restaurants. For instance, the USA-based yoghurt brand Siggi's Dairy introduced clean-label yoghurt pouches for children.
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The ice cream and frozen desserts market is segmented -
•By Type: Ice Cream, Frozen Dessert
•By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
•By Product: Ice-cream , Gelato , Frozen Custard , Frozen Yoghurt , Frozen Novelties , Sorbet and Other Products
•By Category: Coventional, Sugar- Free
•By End User: Personal , Commercial
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the ice cream and frozen desserts market.
The Business Research Company's "Global Ice Cream And Frozen Dessert Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ice Cream And Frozen Dessert Market Include:
1. Ice Cream And Frozen Dessert Market Executive Summary
2. Ice Cream And Frozen Dessert Market Segments
3. Ice Cream And Frozen Dessert Market Size And Ice Cream And Frozen Dessert Market Growth Rate
4. Key Ice Cream And Frozen Dessert Market Trends
5. Major Ice Cream And Frozen Dessert Market Drivers
……
25. Key Mergers And Acquisitions In The Ice Cream And Frozen Dessert Market
26. Top Ice Cream And Frozen Dessert Companies
27. Ice Cream And Frozen Dessert Market Opportunities And Strategies
28. Ice Cream And Frozen Dessert Market, Conclusions And Recommendations
29. Appendix
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