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    Frozen Dessert Market

    ID: MRFR/F-B & N/0991-CR
    130 Pages
    Varsha More
    February 2021

    Frozen Dessert Market Research Report Information By Product Type (Ice Cream, Yogurts, Cakes, and Others), By Category (Conventional and Sugar-Free), By Distribution Channel (Store-Based and Non-Store Based), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2032

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    Frozen Dessert Market Infographic
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    Frozen Dessert Market Summary

    The Global Frozen Dessert Market is projected to grow from 127.3 USD Billion in 2024 to 229.6 USD Billion by 2035.

    Key Market Trends & Highlights

    Global Frozen Dessert Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.51 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 229.6 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 127.3 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of innovative flavors and healthier options due to changing consumer preferences is a major market driver.

    Market Size & Forecast

    2024 Market Size 127.3 (USD Billion)
    2035 Market Size 229.6 (USD Billion)
    CAGR (2025-2035) 5.51%

    Major Players

    The Hain Celestial Group (US), Halo Top Creamery (US), General Mills Inc. (US), Unilever (UK), Nestlé SA (Switzerland), Kellogg Company (US), DD IP Holder LLC (US), Conagra Brands Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), Dairy Queen (US), Ferrero (Luxembourg), Daiya Foods Inc. (Canada), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), Arla Foods amba (Denmark)

    Frozen Dessert Market Trends

    Growing Prevalence of spine degeneration to boost market growth

    The popularity of various ice cream varieties is rising. The growing demand for small-portion snacks has led to an increase in ice cream for immediate consumption. Due to the rise in the number of events and gatherings where ice cream is served as a snack or dessert at home, takeout ice cream is also in high demand. Finally, due to its all-natural flavors, organic ingredients, and nutritious ingredients like nuts and fruit,

    artisanal ice cream

    is a favorite among consumers who are concerned about their health.

    Due to growing health consciousness among a larger population segment who value quality and origin of ingredients as well as exotic flavors, demand for high quality "premium" ice cream is also rising. Higher levels of urbanization also appear to be contributing to higher ice cream consumption, as evidenced by an increase in retail sales. Additionally, as these types of establishments are significant end-users [DPO], a boom in fast food chain restaurants is also contributing to an increase in consumption.

    Figure 1: Most consumed ice cream brands (all typologies of ice cream) UK, 2019, in millions of consumers Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

    Ice cream sales outside of the home decreased by 30% in the first half of 2020, while sales of ice cream for consumption inside the home increased by 26% in the second quarter, according to Unilever, a significant manufacturer of ice cream and novelty items. ly, ice cream companies responded to the novel coronavirus pandemic by introducing new flavors and products to cater to consumers who stayed at home but still wanted comfort, indulgence, and variety. A September 2020 report on the

    ice cream market

    found that 76% of ice cream producers introduced a new variety, range extension, or entirely new product to the market. This is another factor driving the growth of the Frozen Desserts market revenue.

    Additionally, several businesses are attempting to diversify their product offerings in this market due to the growing demand for frozen desserts. For instance, the world's largest producer of carbonated beverages, Coca-Cola, increased its revenue by introducing frozen desserts in India. The company also disclosed plans to invest Rs. 11,000 crores in building an ecosystem focused on agriculture, as well as in food processing facilities and sourcing, which will enable it to launch a range of fruit-based goods and desserts on the market. Such initiatives are anticipated to boost the market CAGR during the forecast period.

    The Global Frozen Dessert Market is experiencing a notable shift towards healthier options, as consumers increasingly prioritize nutritional value alongside indulgence.

    U.S. Department of Agriculture

    Frozen Dessert Market Drivers

    Market Growth Projections

    The Global Frozen Dessert Market Industry is poised for substantial growth, with projections indicating a market size of 127.3 USD Billion in 2024 and an anticipated increase to 229.6 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 5.51% from 2025 to 2035. Factors contributing to this expansion include rising consumer demand for innovative flavors, health-conscious product offerings, and the increasing popularity of premium frozen desserts. As the market evolves, these dynamics are likely to shape the future landscape of the Global Frozen Dessert Market.

    Health and Wellness Trends

    In recent years, there has been a marked shift towards health and wellness in the Global Frozen Dessert Market Industry. Consumers are increasingly prioritizing products that align with their health goals, leading to a rise in demand for low-calorie, low-sugar, and organic frozen desserts. This trend is further supported by the growing awareness of dietary restrictions and preferences, such as gluten-free and vegan options. As a result, manufacturers are reformulating their products to meet these demands, which could potentially enhance market growth. The industry is expected to grow at a CAGR of 5.51% from 2025 to 2035, reflecting this health-conscious shift.

    Expansion of Distribution Channels

    The Global Frozen Dessert Market Industry is witnessing an expansion of distribution channels, which plays a crucial role in enhancing product accessibility. Retailers are increasingly diversifying their offerings by including frozen desserts in supermarkets, convenience stores, and online platforms. This trend is particularly significant as e-commerce continues to grow, providing consumers with the convenience of purchasing frozen desserts from the comfort of their homes. The proliferation of delivery services also contributes to this expansion. As a result, the market is projected to reach 229.6 USD Billion by 2035, indicating the positive impact of improved distribution on consumer access.

    Innovations in Packaging Technology

    Innovations in packaging technology are transforming the Global Frozen Dessert Market Industry by enhancing product shelf life and consumer convenience. Advanced packaging solutions, such as resealable pouches and eco-friendly materials, are gaining traction among manufacturers. These innovations not only help in preserving the quality of frozen desserts but also appeal to environmentally conscious consumers. Furthermore, attractive packaging designs can influence purchasing decisions, making products more appealing on retail shelves. As the market evolves, these packaging advancements are likely to play a pivotal role in driving sales and expanding market reach.

    Growing Popularity of Premium Products

    The Global Frozen Dessert Market Industry is experiencing a surge in the popularity of premium products, driven by consumers' willingness to pay more for high-quality ingredients and artisanal production methods. This trend is evident in the increasing demand for gourmet ice creams and handcrafted frozen desserts that emphasize unique flavors and superior quality. Consumers are becoming more discerning, seeking out products that offer a luxurious experience. As a result, manufacturers are focusing on premiumization strategies to capture this segment of the market. This shift towards premium offerings may contribute to the overall growth of the market in the coming years.

    Rising Consumer Demand for Novel Flavors

    The Global Frozen Dessert Market Industry experiences a notable increase in consumer demand for unique and innovative flavors. As consumers seek out new taste experiences, manufacturers are responding by introducing exotic ingredients and flavor combinations. This trend is particularly evident in the growing popularity of plant-based and dairy-free options, which cater to health-conscious consumers. The introduction of flavors such as matcha, lavender, and various international desserts reflects this shift. The Global Frozen Dessert Market is projected to reach 127.3 USD Billion in 2024, indicating a robust market driven by evolving consumer preferences.

    Market Segment Insights

    Frozen Desserts Product Type Insights

    The Frozen Desserts market segmentation, based on product type, includes ice cream,

    , cakes, and others. The ice cream segment held the majority share in 2022 contributing to around 45-47% in respect to the Frozen Desserts market revenue. Due to ice cream's rising popularity across all generations, the demand for it is significantly rising. The United States ice cream producers produced more than 1.3 billion gallons of ice cream in 2021. According to IDFA's Dairy Delivers, the ice cream industry has a $13.1 billion impact on the American economy, supports 28,800 direct jobs, and generates $1.8 billion in direct wages.

    The yogurts segment is anticipated to grow at the fastest CAGR during the forecast period.

    Keventers is launching its desserts in India by launching its new ‘Ice Creamery’ brand that will have six exciting and fun ice cream flavors including Alphonso Mango; Belgian Chocolate; Mocha Almond Fudge Brownie; Triple Chocolate; Exotic Strawberry and Blueberry Cheesecake. The ice creams don't have any extra flavor or preservatives.

    Noosa, owned by Sovos Brands, is expanding into the frozen dessert market for the first time with the introduction of its all-new Noosa Frozen Yogurt Gelato line. Noosa Frozen Yogurt Gelato is a decadently smooth dessert that devotees will want to savor repeatedly. It is made with the same rich, creamy whole milk yogurt.

    Frozen Desserts Category Insights

    The Frozen Desserts market segmentation, based on category, includes Conventional and Sugar-Free. The Conventional segment dominated the market in 2022 The demand for the segment would be driven in the forecast period by rising millennial demand for convenience food products along with new launches in this segment with varied flavors to attract customers. Such factors are anticipated to have a positive impact on market growth. Sugar-free is projected to be the faster-growing segment during the forecast period, 2022-2030. Due to their health advantages, handcrafted and sugar-free ice creams are both growing in popularity.

    Moreover, the rise of health-conscious consumers looking for a low-carb, low-sugar diet with nutritional advantages will be good for market expansion.

    Frozen Desserts Distribution Channel Insights

    The Frozen Desserts market data has been bifurcated by distribution channels into store-based and non-store-based. The store-based segment dominated the market in 2022. Numerous cafes and bakeries that sell frozen desserts have opened as a result of the growing trend of buying products from specialty stores. They were forced by current trends to incorporate wholesome desserts into their menus, which has improved their product selection. In addition, several online delivery partners are developing creative ways to deliver frozen desserts to various locations that are just as fresh as their source points. Frozen dessert purchases have increased online sales.

    Get more detailed insights about Frozen Dessert Market Research Report - Forecast till 2032

    Regional Insights

    By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific Frozen Desserts market accounted for USD 55.1 billion in 2022 and is expected to exhibit a noteworthy CAGR growth during the study period. The Asian market for frozen desserts is destined to be a huge success because of the rising demand for low-fat, wholesome foods that encourage consumers to spend more money on these items.

    The main drivers of the frozen desserts market in this region are a large population, a sizable young generation, rising disposable incomes, and shifting eating patterns. Additionally, ice cream manufacturers are responding to consumers' growing demand for natural ingredients by incorporating them into their products. Moreover, China’s Frozen Desserts market held the largest market share, and the India Frozen Desserts market was the fastest-growing market in the Asia-Pacific region.

    Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Europe Frozen Desserts market accounts for the third-largest market share in 2022. The frozen bakery and desserts category has seen a lot of ground-breaking products recently. Consumers are becoming more conscious of their overall wellness and health. As a result, new flavors and low-fat,

    products have begun to appear. Market expansion is anticipated to be fueled by rising consumer demand for desserts with low sugar and calorie content. Further, the Germany Frozen Desserts market held the largest market share, and the UK Frozen Desserts market was the fastest-growing market in the European region.

    The North America Frozen Desserts Market is expected to grow to the second largest market in 2022. Consumer preferences for low-fat products are changing as a result of shifting trends toward vegan lifestyles brought on by rising health consciousness and socialization trends. High ice cream consumption per capita has increased product demand, especially in the United States.

    Key Players and Competitive Insights

    The Major market players are focused on diversifying their product portfolios by investing heavily within their R&D departments. Additionally, players are focused on integrating various market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other companies in the market to widen their presence further. The dominant players in the Frozen Desserts industry further offer to optimize their supply chains to widen their profit margins.

    To reduce operating costs, the market leaders in the Frozen Desserts industry are offering their products at a moderate price. During the forecast period, the Frozen Desserts industry has produced highly viable products. The Frozen Desserts market major player such as The Hain Celestial Group (US), Halo Top Creamery (US),

    (US), Unilever (UK), Nestlé SA (Switzerland), Kellogg Company (US), DD IP Holder LLC (US), Conagra Brands Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), Dairy Queen (US), Ferrero (Luxembourg), Daiya Foods Inc. (Canada), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), Arla Foods amba (Denmark), and Unilever (UK), and others are working to expand the market demand by investing in research and development activities.

    Unilever is a company that manufactures and distributes products in the nutrition, hygiene, and personal care sector. In January 2021, Unilever introduced a few frozen treats namely Breyers, Good Humor, Klondike, Magnum Ice Cream, Popsicle, and Talenti. Breyers Double Chocolate Brownie Batter, Breyers Chocolate Pretzel Swirl, and Breyers Reese's Peanut Butter Snack Cups are all new items under the Breyers brand that complement the existing Breyers and Reese's product line. The portfolio also gains Breyers Coconut Fudge Breeze, a new seasonal flavor.

    Archer Daniels Midland is a pioneer in the field of nutrition, using the power of nature to imagine, develop, and combine flavors and ingredients for food and beverages, supplements, animal feed, and more. In August 2022, New Culture, a maker of cheese without using any animals, and Archer Daniels Midland have announced a partnership for strategic development and commercialization. As the company expands its commercial reach, ADM's fermentation and dairy processing operations will assist in producing cheese for New Culture.

    Key Companies in the Frozen Dessert Market market include

    Industry Developments

    On March 15, 2024

    , Ben & Jerry’s tapped into an exploding demand for vegan and dairy-free frozen desserts with their introduction of a new range of desserts made from Almond, oat and coconut milk in their existing line.

    In February 2024,

    Häagen-Dazs and Godiva’s limited-edition releases catered to an audience that seeks luxury frozen treats as the collaboration merged premium chocolates with gelato bases.

    In January 2024

    , Halo Top Creamery broadened their frozen dessert line with reduced fat and sugar products featuring probiotics and fibers for an audience looking for a healthy sating option.

    In December 2023

    , Baskin-Robbins ventured into Southeast Asia and the Middle Eastern market with a new strategy of combining western style ice cream with region specific products like matcha and rosewater to cater to the rise in demand for westernised desserts.

    In November 2023

    , Sorbabes advanced their production through additional funding as they look into launching other exotic rich flavors including dragon fruit in their sorbets and passionfruit in their gelato.

    In October of 2023

    , Unilever, amongst other brands looking to push the issue of sustainability, announced their concern for the ice cream industry with the usage of biodegradable alternatives in their brand’s such as Magnum and Cornetto. This policy also helps the company to achieve its objective which is to lessen harm to the environment and win over customers who care for the environment.

    In September 2023

    , Wal mart also launched its own brand of ice creams and ice lollies alongside dairy free products. The line was positioned for budget shoppers without compromising on assortment and value.

    In August 2023

    , the cold stone creamery introduced a promotional holiday collection of ice creams with pumpkin spice, peppermint mocha, and gingerbread flavors. These were meant to enhance the festive mood and increase seasonal sales.

    Future Outlook

    Frozen Dessert Market Future Outlook

    The Global Frozen Dessert Market is projected to grow at a 5.51% CAGR from 2024 to 2035, driven by increasing consumer demand for innovative flavors and healthier options.

    New opportunities lie in:

    • Develop plant-based frozen desserts to cater to health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer sales expansion.
    • Introduce premium, artisanal frozen desserts targeting affluent markets.

    By 2035, the market is expected to achieve substantial growth, reflecting evolving consumer preferences and innovative product offerings.

    Market Segmentation

    Frozen Desserts Category Outlook

    • Conventional
    • Sugar-Free

    Frozen Desserts Regional Outlook

    North America
    • US
    • Canada

    Frozen Desserts Product Type Outlook

    • Ice Cream
    • Yogurts
    • Cakes
    • Others

    Frozen Desserts Distribution Channel Outlook

    • Store-Based
    • Non-Store Based

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD 123.75 billion
    Market Size 2024 USD 127.30 billion
    Market Size 2032 USD 195.50 billion
    Compound Annual Growth Rate (CAGR) 5.51% (2024-2032)
    Base Year 2023
    Market Forecast Period 2024-2032
    Historical Data 2019 - 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Product Type, Category, Distribution Channel, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled The Hain Celestial Group (US), Halo Top Creamery (US), General Mills Inc. (US), Unilever (UK), Nestlé SA (Switzerland), Kellogg Company (US), DD IP Holder LLC (US), Conagra Brands Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), Dairy Queen (US), Ferrero (Luxembourg), Daiya Foods Inc. (Canada), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), Arla Foods amba (Denmark), and Unilever (UK)
    Key Market Opportunities Growing demand for ice cream
    Key Market Dynamics Rising health consciousness led to the growing consumption of yogurt and dairy-free products New product launches 

    FAQs

    How much is the Frozen Desserts market?

    The Frozen Desserts market size was valued at USD 123.75 Billion in 2023.

    What is the growth rate of the Frozen Desserts market?

    The market is projected to grow at a CAGR of 5.51% during the forecast period, 2024-2032.

    Which region held the largest market share in the Frozen Desserts market?

    Asia Pacific had the largest share of the market

    Who are the key players in the Frozen Desserts market?

    The key players in the market are The Hain Celestial Group (US), Halo Top Creamery (US), General Mills Inc. (US), Unilever (UK), Nestlé SA (Switzerland), Kellogg Company (US), DD IP Holder LLC (US), Conagra Brands Inc. (US), London Dairy Co. Ltd (UK), Danone SA (France), Dairy Queen (US), Ferrero (Luxembourg), Daiya Foods Inc. (Canada), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), Arla Foods amba (Denmark), and Unilever (UK).

    Which product type led the Frozen Desserts market?

    The ice cream category dominated the market in 2023.

    Which category had the largest market share in the Frozen Desserts market?

    The conventional category had the largest share of the market.

    Frozen Dessert Market Research Report - Forecast till 2032 Infographic
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    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

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