Frozen desserts are basically made up of milk compounds, vegetable fats, coupled with a mixture of different flavors and dry fruits. The rise in the trend of consuming frozen dessert among consumers after a meal as an effective digestive product is mainly boosting the growth of the frozen dessert market. Climate change is known as another factor likely to create high demand for frozen desserts, including ice cream and frozen yogurt on a global scale. Moreover, increasing the disposable income of consumers, along with the introduction of various products by the market players in the dessert segment to cater to the choices of a vast group of consumers, is driving the market.
MARKET DYNAMICS
The frozen dessert market has witnessed a significant growth owing to factors such as wider product availability such as cakes, ice-cream, yogurts, and others. Frozen desserts, such as ice-creams and frozen yogurts, are generally consumed as snacks. Lactose-free frozen ice cream is one of the emerging trends expected to gain traction in the ice cream market in the coming years. Product innovation leading to the introduction of various new flavors is anticipated to drive the growth of the global frozen dessert market. Incorporation of prebiotics and probiotics in yogurts and new innovative products such as sugar-free ice creams are attracting health-conscious customers, which is expected to foster the growth of the global frozen dessert market. However, increasing health concerns among people are hampering the growth of this market. The majority of the consumers prefer low-calorie options, vegan alternatives, and dairy-free products as a healthier option, hence affecting the market growth. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Frozen Dessert Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the frozen dessert market with detailed market segmentation by type, category, distribution channel, and geography. The global frozen dessert market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading frozen dessert market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global frozen dessert market is segmented on the basis of type, category, and distribution channel. On the basis of type, the frozen dessert market is segmented into cakes, ice-cream, yogurts, and others. The frozen dessert market on the basis of the category is classified into sugar-free and conventional. On the basis of distribution channel, global frozen dessert market is bifurcated into hypermarkets and supermarkets, specialty stores, online stores, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global frozen dessert market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The frozen dessert market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the frozen dessert market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the frozen dessert market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global frozen dessert market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from frozen dessert market are anticipated to lucrative growth opportunities in the future with the rising demand for frozen dessert in the global market. Below mentioned is the list of few companies engaged in the frozen dessert market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the frozen dessert market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- London Dairy Co. Ltd.
- Baskin Robbins LLC
- Bassetts Ice Cream
- Conagra Brands, Inc.
- Danone S.A.
- Fonterra Group
- General Mills, Inc.
- Kellogg Company
- Nestl? S.A.
- Van's International Foods, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.