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Dessert Grocery Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Dessert Grocery
The growing food and beverages industry is expected to drive the growth of the dessert grocery market. The food and beverages industry is expanding due to factors like corporate travel, wellness trends, and sustainability efforts. Dessert groceries play a significant role in satisfying consumer cravings for sweet treats and providing ingredients to manufacturers. According to the Australian Bureau of Statistics, 14.8 million tonnes of food and non-alcoholic beverages were sold in 2022-2023. Therefore, the growth of the food and beverages industry is driving the dessert grocery market.
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What growth opportunities are expected to drive the dessert grocery market's CAGR through 2034?
The dessert grocery market size has shown strong growth in recent years. It is projected to grow from $23.19 billion in 2024 to $24.9 billion in 2025, at a CAGR of 7.4%. The growth is attributed to the rising demand for frozen dessert products, growing consumer preferences and health consciousness, higher disposable income, an increasing demand for ice cream, and the rising incidence of spinal degeneration.
The dessert grocery market is projected to grow to $32.67 billion by 2029, with a CAGR of 7.0%. The growth is supported by increasing demand for convenient dessert options, popularity of plant-based ingredients, the growth of food service and hospitality industries, and the rise of e-commerce. Trends include the introduction of diverse dessert products, improved taste and texture, dairy-free options, and interest in cultural desserts.
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What are the emerging trends shaping the future of the dessert grocery market?
Companies in the dessert grocery market are innovating with products like the Triple Chip Mix Morsel Mix to cater to evolving consumer preferences, provide convenience in baking, and offer unique flavor combinations. Triple chip mix features three types of chips-vanilla-flavored white morsels, semi-sweet chocolate morsels, and dark chocolate morsels-offering a rich blend of flavors. For example, in May 2024, Nestlé Toll House launched the Triple Chip Mix Morsel Mix, which combines three delicious morsel flavors in one easy-to-use package for home baking enthusiasts.
Which growth-oriented segments of the dessert grocery market are leading the industry's development?
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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What regions are leading the charge in 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 companies are at the forefront of innovation in the 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.
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What Is Covered In The Dessert Grocery Global Market Report?
•Market Size Forecast: Examine the dessert grocery market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the dessert grocery market for a structured understanding.
•Key Players Overview: Analyze major players in the dessert grocery market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the dessert grocery market.
•Segment Contributions: Evaluate how different segments drive overall growth in the dessert grocery market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the dessert grocery market.
•Industry Challenges: Identify potential risks and obstacles affecting the dessert grocery market.
•Competitive Landscape: Review strategic developments in the dessert grocery market, including expansions, agreements, and new product launches.
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