Press release
Rising Global Population And The Implications For The Food Industry: Major Factor in the Transformation of the Ice Cream And Frozen Dessert Market in 2025
How Will the Ice Cream And Frozen Dessert Market Grow, and What Is the Projected Market Size?In recent times, there has been a significant expansion in the size of the ice cream and frozen dessert market. It is projected to expand from $106.76 billion in 2024 to $113.85 billion in 2025 at a compound annual growth rate (CAGR) of 6.6%. The escalation during the historical era can be ascribed to factors like consumer's fondness for sweet things, an array of flavour options, reputable brands, the impact of the summer season, and the culture of desserts.
In the coming years, there will likely be a substantial enlargement in the market size of ice cream and frozen desserts. It's predicted to increase to $147.14 billion in 2029 with a compound annual growth rate (CAGR) of 6.6%. The anticipated expansion during this period is a result of various factors such as the inclination of health-conscious consumers, the advent of plant-based and vegan options, the use of sustainable and eco-friendly packaging, the influence of digital marketing and e-commerce, as well as the introduction of innovative flavor combinations. Notable trends for the forecast period comprise artisanal and craft desserts, gourmet and premium offerings, protein-fortified desserts, ice cream sandwiches and novelties, along with international and ethnic flavors.
What Key Elements Are Boosting Growth in the Ice Cream And Frozen Dessert Market?
As the global population continues to soar, reaching an estimated 10 billion by 2050, the requirement for food escalates in tandem. In fact, 'The Agricultural Outlook' report by OECD and FAO suggests a projected hike in worldwide cereal production by 13% come 2027. In order to satiate the enhanced populace, a surge in trade volumes is crucial. Consequently, companies operating within this market are anticipated to reap advantages from the increased demand for food and beverage items, notably ice cream and frozen desserts. This is bound to occur due to the escalating population within the forecast period.
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Who Are the Major Industry Players Fueling Ice Cream And Frozen Dessert Market Expansion?
Major companies operating in the ice cream and frozen dessert market include Nestle S.A., Unilever plc, Danone S.A., Groupe Lactalis S.A., Frieslandcampina, General Mills, Olam International, Agropur cooperative, Land O'Lakes Inc., Meiji Holdings Co Ltd, Aavin, Abbott's Frozen Custard, Algida, Ample Hills Creamery Inc., Amul, Arun Icecreams, Australian Homemade, Bambino Ice Cream, Baskin-Robbins Homemade Holdings Inc., Ben & Jerry's Homemade Holdings Inc., Berthillon, Blue Bell Creameries, Blue bunny* (Wells enterprises Inc.), Bonnie Doon Ice Cream, Braum's Ice cream & Diary, Bresler's Ice Cream, Breyers, Calippo, Cold Stone Creamery Inc., Coolhaus, International Dairy Queen Inc., Del's, Dole Whip, Elsie Stix- Borden Diary, Fab Ice Creams, Jel Sert Company, Freaky Ice, Froster, Golden Spoon Creamery.
Which Key Developments Are Influencing the Ice Cream And Frozen Dessert Market?
The surge in clean-label products is primarily driven by a substantial increase in consumer awareness about healthy dietary practices. These clean-label dairy products are free from additives, dyes, artificial flavor boosters and preservatives. Importantly, numerous foodservice and retail grocery chains are also disclosing lists of unacceptable ingredients in their food items. To cite an example, Siggi's Dairy, a well-known yogurt brand in the US, has launched clean-label yogurt pouches specifically designed for kids.
How Is the Segmentation of the Ice Cream And Frozen Dessert Market Defined?
The ice cream and frozen dessert market covered in this report is segmented -
1) By Type: Ice Cream, Frozen Dessert
2) By Product: Ice-cream, Gelato, Frozen Custard, Frozen Yoghurt, Frozen Novelties, Sorbet and Other Products
3) By Category: Conventional, Sugar- Free
4) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
5) By End User: Personal, Commercial
Subsegments:
1) By Ice Cream: Regular Ice Cream, Premium Ice Cream, Low-Fat Ice Cream, Non-Dairy Ice Cream, Gelato, Sorbet, Frozen Yogurt
2) By Frozen Dessert: Frozen Novelties (Popsicles, Ice Bars), Frozen Cakes And Pies, Frozen Custard, Non-Dairy Frozen Desserts, Sherbet, Plant-Based Frozen Desserts
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What Is the Leading Region in the Ice Cream And Frozen Dessert Market?
Western Europe was the largest region in the ice cream and frozen dessert market in 2023. Asia-Pacific was the second largest region of the ice cream and frozen dessert market. The regions covered in the ice cream and frozen dessert market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Ice Cream And Frozen Dessert Global Market Report?
- Market Size Analysis: Analyze the Ice Cream And Frozen Dessert Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ice Cream And Frozen Dessert 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 Ice Cream And Frozen Dessert Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ice Cream And Frozen Dessert Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Ice in these regions, from 2012 to 2023 (forecast), covering
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America…
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