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Key Trends Shaping the Future Dessert Grocery Market From 2025-2034: Nestlé Toll House Introduces Triple Chip Mix A Fusion Of Flavor And Innovation In The Dessert Grocery Market
What Is the Estimated Market Size and Growth Rate for the Dessert Grocery Market?The market size for dessert groceries has seen robust growth over the recent years. The market is speculated to expand from $23.19 billion in 2024 to $24.9 billion in 2025, representing a Compound Annual Growth Rate (CAGR) of 7.4%. This growth during the historical period has been driven by factors such as growing demand for frozen desserts, evolving consumer tastes and health awareness, rising disposable income, escalating demand for ice cream, and an increased rate of spinal degeneration.
In the upcoming years, the dessert grocery market is anticipated to experience significant growth, expanding to a value of $32.67 billion in 2029 with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this rise during the forecast period include increasing consumer preference for handy and delectable dessert options, a surge in the popularity of plant-derived ingredients, growth in the food service and hospitality sectors, a rising demand for bite-sized snacks, and advancements in the realm of e-commerce. Key trends in this forecast span include the launch of various dessert goods, innovation in enhancing taste and texture of new products, advancements in ready-to-consume desserts, rise in dairy-free dessert options, and a renewed fascination with culturally and ethnically diverse desserts.
What Are the Main Catalysts for Growth in the Dessert Grocery Market?
The expansion of the food and beverages sector is predicted to drive the development of the dessert grocery market. This sector covers a broad range of operations related to the manufacture, processing, distribution, and sale of food and beverages to consumers. This growth is influenced by factors such as affordable air travel, business trips, health and wellness trends, and initiatives towards sustainability. Dessert groceries are fundamental to the food and beverage industry, satisfying consumer's desire for sweet snacks, providing key ingredients to food producers, and adding to the overall variety and innovation within the dessert segment of the market. Their capacity to meet specific tastes and adjust to sector trends means they are an essential part of the wider food retail landscape. For example, the Australian Bureau of Statistics, a government information agency based in Australia, reported in April 2024, that 14.8 million tonnes of food and non-alcoholic beverages were sold during the 2022-23 period. Consequently, the escalating food and beverages industry propels the dessert grocery market's growth.
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Who Are the Dominant Companies Influencing Dessert Grocery Market Trends?
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.
How Is the Dessert Grocery Market Evolving?
Leading businesses in the dessert grocery market are concentrating on creating distinctive products like Triple Chip Mix Morsel Mix, to adapt to changing customer preferences, increase baking convenience, and provide uncommon flavor matches that set their brands apart in a competitive environment. This new cookie mix carries three kinds of chips namely, vanilla-flavored premier white morsels, semi-sweet chocolate morsels, and dark chocolate morsels, offering an enjoyable medley of tastes and textures. For instance, in May 2024, Nestlé Toll House, a company based in the US, introduced Triple Chip Mix Morsel Mix. It combines three popular chip flavors - creamy vanilla premiere white morsels, rich semi-sweet chocolate morsels, and luxurious dark chocolate morsels- in a single easy-to-use pack. These are perfect for domestic baking enthusiasts since they allow for easy customization of recipes or inventive new cooking explorations.
What Are the Different Segmentations in the Dessert Grocery Market?
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
Subsegments:
1) By Bakery Ingredients: Flour, Sugar, Fats And Oils, Leavening Agents, Emulsifiers, Stabilizers And Thickeners, Bakery Improvers
2) By Dairy Ingredients: Milk Powder, Butter, Cream, Cheese, Whey Protein, Yogurt And Buttermilk, Milk Proteins
3) By Fresh And Dried Fruits And Ingredients: Fresh Fruits, Dried Fruits, Fruit Preserves And Jams, Fruit Concentrates
4) By Pulps And Purees: Fruit Purees, Fruit Purees, Vegetable Purees, Nut Purees, Smoothie Blends
5) By Sweeteners, Colors, And Flavors: Natural Sweeteners, Artificial Sweeteners, Sugar, Natural Food Colors, Artificial Food Colors, Natural Flavors, Artificial Flavors
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Which Region Is at the Forefront of the Dessert Grocery Market?
North America was the largest region in the dessert grocery market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the dessert grocery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Dessert Grocery Global Market Report?
- Market Size Analysis: Analyze the Dessert Grocery Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Dessert Grocery Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Dessert Grocery Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Dessert Grocery Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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