Frozen desserts encompass a wide range of applications and uses. They are popular treats enjoyed by people of all ages and are commonly found in ice cream parlors, dessert shops, and grocery stores. These delectable treats serve as refreshing indulgences on hot days and as celebratory delights for various occasions. Additionally, frozen desserts come in various flavors and varieties, catering to different dietary preferences, such as dairy-free and gluten-free options, making them accessible to a broader consumer base.
According to Data Bridge Market Research, the Global Frozen Desserts Market accounted for USD 166.20 billion in 2021 and is expected to reach USD 277.76 billion by 2029. The market is expected to grow with a CAGR of 6.63% in the forecast period of 2022 to 2029.
“Rising popularity of low-fat desserts boosts the market’s growth”
The rising popularity of low-fat desserts has a significant impact on the frozen desserts market's growth. As consumers increasingly prioritize health and wellness, they seek healthier dessert options that align with their dietary preferences. Low-fat frozen desserts, such as frozen yogurts and sorbets, offer a guilt-free indulgence, attracting health-conscious individuals. Additionally, advancements in food technology and innovative flavors have expanded the variety of low-fat frozen desserts available, driving the market's expansion and meeting the evolving demands of health-conscious consumers.
What restraints the growth of the global frozen desserts market?
“Rising concerns about the products' high sugar and fat content restraints the market’s growth”
The frozen desserts market's growth is restrained by rising concerns about the products' high sugar and fat content. As consumers become more health-conscious, they seek healthier alternatives to traditional frozen desserts. The perception of these products as indulgent treats with potentially adverse effects on health leads to reduced consumption. In response to these concerns, manufacturers are innovating with low-sugar, low-fat, and healthier ingredient options to cater to the growing demand for healthier frozen desserts, aiming to overcome this limitation.
Segmentation: Global Frozen Desserts Market
The global frozen desserts market is segmented on the basis of product type and distribution channel.
- On the basis of product type, the frozen desserts market is segmented into confectionary and candies, ice cream, frozen desserts, tofu, cakes and pastries, and others.
- On the basis of distribution channel, the frozen desserts market is segmented into supermarket/hypermarket, convenience stores, cafes, and bakery shops, online, and others.
Regional Insights: North America dominates the Global Frozen Desserts Market
North America dominates the frozen desserts market and will continue to do so during the forecast period due to shifting consumer preferences from dairy-based to non-dairy-based frozen desserts. Factors such as product development, high disposable income, and a wide range of frozen dessert flavors further fuel this market's expansion.
Additionally, Asia-Pacific is expected to witness substantial growth during the forecast period of 2022-2029 due to increasing consumer demand for frozen desserts and a rising incidence of digestive disorders, such as lactose intolerance, in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-frozen-desserts-market
Recent Developments
- In 2021, Yasso Frozen Greek Yogurt, the pioneer of frozen Greek yogurt bars, expanded its product line by introducing Yasso Poppables in Boulder, Colorado. Yasso Poppables are delicious frozen Greek yogurt bites coated in chocolate and topped with quinoa crunch, offering a delightful and snackable indulgence to consumers seeking a healthier treat option.
- In 2021, Under the 'Chefs' Selections by Caterforce' brand, The Caterforce Group is gearing up to introduce ten cutting-edge frozen cakes and desserts in the United Kingdom. This exciting launch in 2021 aims to provide consumers with a range of innovative and mouthwatering frozen treats, adding a delightful touch to their culinary experiences.
- In 2021, General Mills Inc revealed its investment of USD 65 million in upgrading its Pillsbury refrigerated and frozen dough products plant and Yoplait yogurt plant in Murfreesboro, Tennessee. This substantial investment is geared towards enhancing technology and equipment at the facilities, aiming to improve production efficiency and quality, and meet the growing demand for their popular refrigerated and frozen dough products and Yoplait yogurt in the region.
The Prominent Key Players Operating in the Global Frozen desserts Market Include:
- Hain Celestial (U.S.)
- Wells Enterprises (U.S.)
- General Mills Inc. (U.S.)
- Unilever (U.K.)
- Nestlé (Switzerland)
- Kellogg Co. (U.S.)
- Dnb.co.in. (U.S.)
- Conagra Brands, Inc. (U.S.)
- Unipex Dairy Products Co. Ltd (U.K.)
- Danone (France)
- ADM (U.S.)
- Daiya Foods Inc. (Canada)
Above are the key players covered in the report, to know about more and exhaustive list of global frozen desserts market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Frozen Desserts Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
