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Dessert Grocery Market Report 2024: Industry Size, Share, Growth, Trends, Competitive Landscape, Analysis, Forecast to 2033
Dessert Grocery Market
As per the report, the dessert grocery market size has grown strongly in recent years. It will grow from $21.72 billion in 2023 to $23.19 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The dessert grocery market size is expected to see strong growth in the next few years. It will grow to $30.54 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%.
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What Is Driving The Growth Of The Global Dessert Grocery Market?
Impact Of The Growing Food Service And Hospitality Industry On The Dessert Grocery Market
The growing food and beverages industry is expected to propel the growth of the dessert grocery market going forward. The food and beverages industry encompasses a vast array of businesses involved in producing, processing, distributing, and selling food and drinks to consumers. The growing food and beverages industry is due to affordable airfares, corporate travel, wellness and health trends, and sustainability efforts. A dessert grocery plays a crucial role within the food and beverages industry by satisfying consumer cravings for sweet treats, supplying essential ingredients to food manufacturers, and contributing to the overall diversity and innovation within the dessert market segment. Its ability to cater to specialized preferences and adapt to industry trends makes it a valuable component of the broader food retail landscape.
What Is The Key Trend In The Global Dessert Grocery Market?
Nestlé Toll House Introduces Triple Chip Mix A Fusion Of Flavor And Innovation In The Dessert Grocery Market
Major companies operating in the dessert grocery market are focused on developing innovative products such as Triple Chip Mix Morsel Mix to cater to evolving consumer tastes, enhance convenience in baking, and offer unique flavor combinations that can differentiate their brands in a competitive market. Triple chip mix is a new cookie mix featuring three types of chips vanilla-flavored premier white morsels, semi-sweet chocolate morsels, and dark chocolate morsels, offering a delightful blend of flavors and textures in each bite.
How Is The Global Dessert Grocery Market Segmented?
The dessert grocery market covered in this report is segmented -
1) By Product: Bakery Ingredients, Dairy Ingredients, Fresh And Dried Fruits And Ingredients, Pulps And Purees, Sweeteners Colors And Flavors
2) By Source: Conventional, Organic Certified
3) By Distribution Channel: Offline, Online
4) By Application: Cakes, Pastries, And Puddings, Candies, Jellies, And Custards, Cookies And Biscuits, Cupcakes And Muffins, Dessert Drinks, Ice Cream, Moose, And Fuze
5) By End-User: Commercial, Personal
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How Is The Competitive Landscape Of The Global Dessert Grocery Market?
Major companies operating in the dessert grocery market are Nestlé S.A, Archer-Daniels-Midland Company, Unilever PLC, General Mills Inc., Associated British Foods PLC, Koninklijke DSM N.V., Hershey Company, Kerry Group PLC, J.M. Smucker Company, McCormick & Company Inc., AGRANA Beteiligungs-AG, Dawn Food Products Inc., Ghirardelli Chocolate Company, King Arthur Baking Company Inc., Puratos Group, Guittard Chocolate Company, Nielsen-Massey Vanillas Inc., Dr August Oetker Nahrungsmittel KG, Ajanta Food Products Company, Berrifine A/S, Pinnacle Foods Co., Sorich Organics Pvt Ltd.
Contents Of The Global Dessert Grocery Market
1. Executive Summary
2. Dessert Grocery Market Report Structure
3. Dessert Grocery Market Trends And Strategies
4. Dessert Grocery Market - Macro Economic Scenario
5. Dessert Grocery Market Size And Growth
…..
27. Dessert Grocery Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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