Press release
Frozen Desserts Market to Reach USD 136.13 Billion by 2030, Growing at a 5% CAGR
๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐFrozen desserts, which include products made from milk compounds, semi-solid ingredients, vegetable fats, and assorted fruits and nuts, are increasingly popular due to their refreshing and digestive qualities. The market is witnessing growth driven by evolving consumer preferences, higher disposable incomes, and climatic conditions favoring frozen food consumption. The introduction of new flavors and innovative products also plays a pivotal role in expanding market reach.
However, the COVID-19 pandemic posed significant challenges to the industry. Consumers prioritized products that boost immunity and provide nutritional value, affecting the demand for certain dessert categories. The global supply chain disruptions and restrictions on trade further compounded these issues, impacting production and distribution.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ฌ๐ญ๐๐ง๐ญ๐ฅ๐ฒ:https://www.maximizemarketresearch.com/request-sample/113298/
๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
Frozen Desserts Market size is expected to reach nearly US$ 136.13 Bn by 2030 with the CAGR of 5% during the forecast period.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Increasing Disposable Income and Lifestyle Changes: Rising income levels globally have led to a surge in expenditure on premium food items, including frozen desserts. As consumers' dietary habits evolve, there is a marked preference for products that offer nutritional benefits, such as frozen yogurt and low-fat ice creams. Yogurt, known for its protein and vitamin content, is increasingly consumed for its health advantages.
Shift Towards Health-Conscious Choices: The market is seeing a shift towards low-fat and low-sugar ice cream varieties that align with consumers' health goals. Premium ice creams, recognized for their high-quality ingredients and reduced air content, cater to the health-conscious segment, driving revenue.
Challenges and Restraints Despite the positive growth trajectory, the market faces hurdles such as the need to meet changing consumer preferences, particularly for vegan and organic options. Maintaining product quality while innovating to meet these preferences is a significant challenge for manufacturers. The increasing demand for plant-based and organic desserts also pressures companies to adapt their product lines to remain competitive.
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ
Emergence of Innovative Flavors To capture consumer interest and bolster market position, companies are introducing novel and premium flavors. Lactose-free and vegan ice creams are notable trends that appeal to niche markets concerned with dietary restrictions and preferences. Vegan ice cream, in particular, is sought after for its perceived benefits to skin, heart health, and hair.
Distribution Channel Developments The frozen dessert market's distribution landscape is dominated by supermarkets and hypermarkets, which account for approximately 45% of sales. These outlets offer convenience and a wide range of options under one roof, making them popular among consumers. However, the online segment is poised for rapid growth as more consumers turn to e-commerce for their shopping needs.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฒ ๐๐ฅ๐ข๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐: https://www.maximizemarketresearch.com/request-sample/113298/
๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Confectionary & Candies
Ice Cream
Frozen Yogurt
Others
Product Segmentation The market's product segmentation includes ice cream, frozen yogurt, confectionery & candies, and others. Ice cream remains the most popular product, holding around 50% of the market share as of 2023. This is due to its broad appeal across age groups and the continuous innovation in flavors and health-conscious variations. The ice cream sector alone was valued at USD 63 billion in 2023 and is projected to grow steadily.
Frozen yogurt, known for its nutritional profile rich in protein, calcium, and vitamins, is expected to witness the highest growth rate. By 2030, it is projected to reach a market value of USD 10 billion, highlighting its increasing popularity among health-focused consumers.
๐๐ฒ ๐๐๐ญ๐๐ ๐จ๐ซ๐ฒ
Conventional
Sugar-Free
๐๐ฒ ๐๐ข๐ฌ๐ญ๐ซ๐ข๐๐ฎ๐ญ๐ข๐จ๐ง ๐๐ก๐๐ง๐ง๐๐ฅ
Supermarkets/Hypermarkets
Convenience Stores
Cafรฉ & Bakery Shops
Online
Distribution Channels The market is divided into several distribution channels: supermarkets/hypermarkets, convenience stores, cafรฉ and bakery shops, and online platforms. While physical stores continue to lead, online sales are anticipated to grow the fastest, driven by the convenience of digital shopping.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
North America: This region commands the largest share of the global frozen desserts market, with the U.S. representing a significant portion. The U.S. market, valued at USD 28.8 billion in 2023, benefits from changing consumer lifestyles and an emphasis on health and wellness. Technological advancements in the industry further support growth in this region.
Asia Pacific: Emerging as the fastest-growing region, the Asia Pacific market benefits from rising disposable incomes, urbanization, and shifting dietary habits. China, in particular, is expected to achieve a 7% CAGR through 2030, spurred by its expanding middle class and appetite for varied dessert options.
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ : https://www.maximizemarketresearch.com/request-sample/113298/
๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ
The report provides an estimation of the market size for the Frozen Desserts market, encompassing an analysis of current and future trends. It offers a detailed examination of key developments, marketing strategies, supply and demand indicators, and company profiles of market owners, leaders, potential players, and new entrants. The Frozen Desserts Market report adopts a bottom-up approach, utilizing both primary and secondary data sources. Primary research involves interviews with significant market leaders and industry experts, including business owners and marketing specialists. Secondary research involves reviewing the financial and annual reports of top manufacturers. Segment-wise analysis of the Frozen Desserts market is conducted based on specific criteria. To enhance understanding of market penetration, competitive landscape, demand analysis, and regional analysis, the report covers local, regional, and global levels.
๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. Wells enterprise
2. Amul
3. Baskin Robbins LLC
4. ConAgra Foods
5. Danane
6. Ferrero Spa
7. General mills inc
8. London Dairy Co. ltd
9. Mother Dairy
10. Nestle SA
11. Unilever group
12. Cielo
13. Kraft foods group Inc.
14. Bulla Dairy foods
15. Dairy farmers of America
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The frozen desserts market is poised for significant growth, driven by innovation, changing consumer behavior, and economic factors. While challenges persist, particularly in meeting the demand for vegan and organic options, the industry is set to expand, supported by new product launches and technological advancements. The report from Maximize Market Research Pvt. Ltd. serves as an invaluable guide for stakeholders looking to navigate and invest in this evolving industry.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/global-frozen-desserts-market/113298/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ ๐ซ๐จ๐ณ๐๐ง ๐๐๐ฌ๐ฌ๐๐ซ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Frozen Desserts?
What are the different segments of the Frozen Desserts Market?
What growth strategies are the players considering to increase their presence in Frozen Desserts?
What are the upcoming industry applications and trends for the Frozen Desserts Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Frozen Desserts Market?
Who are the key players in the Frozen Desserts market?
What major challenges could the Frozen Desserts Market face in the future?
What segments are covered in the Frozen Desserts Market?
Who are the leading companies and what are their portfolios in Frozen Desserts Market?
๐๐จ๐จ๐ค ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐๐ฎ๐ซ ๐๐จ๐ฌ๐ญ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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