Frozen Desserts Market by Product (Cakes & Pastries, Confectionery & Candies, Custards & Pudding), Distribution Channel (Offline, Online) - Global Forecast 2024-2030

Frozen Desserts Market by Product (Cakes & Pastries, Confectionery & Candies, Custards & Pudding), Distribution Channel (Offline, Online) - Global Forecast 2024-2030

The Frozen Desserts Market size was estimated at USD 86.16 billion in 2023 and expected to reach USD 91.56 billion in 2024, at a CAGR 6.68% to reach USD 135.55 billion by 2030.

Frozen desserts refer to a broad category of sweet treats that are served and consumed in a frozen state. These desserts include a wide range of products, such as ice creams, frozen yogurts, sorbets, gelatos, and ice pops, among others. Each of these types has distinct characteristics in terms of ingredients, texture, and flavor. Ice cream, perhaps the most well-known among frozen desserts, is a creamy concoction made primarily from dairy products such as milk and cream, often combined with fruits, nuts, chocolate, and various flavorings. Increasing purchasing power of consumers, change in lifestyle and food habits, and demand for gluten-free clean-label products due to their health benefits and different allergies. In addition, novel flavors, ingredients, and health-oriented products such as low-sugar, vegan, and organic options significantly drive market interest and growth. However, the complexities and high costs involved in the storage and transportation of frozen desserts pose significant challenges for market players. Moreover, consumer concerns about artificial additives and preservatives in frozen desserts can limit market growth. Furthermore, improvements in cold chain logistics and preservation technology have made it easier to maintain product integrity, extending reach to new markets. Developing eco-friendly packaging that extends the shelf life of products can address environmental concerns and reduce waste.

Regional Insights



The American region, which encompasses the United States and Canada, is the largest market for frozen desserts, with a perennial demand for both traditional flavors and innovative offerings. American consumers exhibit a strong preference for premium, artisanal, and healthier options, including low-fat and dairy-free alternatives. Ongoing investments in this sector have focused on plant-based and clean-label products, responding to the growing demand for sustainability and nutrition. The European Union shows a strong demand for frozen desserts that align with clean eating habits. There's a notable preference for products with geographical indications, reflecting the origin and authenticity. Ongoing research & development in the EU have focused on improving shelf life and texture, enhancing the sensory experience of frozen desserts. The market in the Middle East is characterized by a preference for rich, indulgent flavors, with a significant cultural inclination towards dairy-based desserts. However, there's a rising health awareness leading to a demand for low-calorie and sugar-free options. The African market for frozen desserts is at a nascent stage but shows potential for growth, especially in urban areas. The challenge of cold chain logistics is being addressed through investments in infrastructure and technology. In APAC, the frozen dessert market is rapidly expanding, driven by the rising middle class and their increasing disposable income. There's a growing interest in Western-style desserts, alongside a continued preference for traditional local flavors. Ongoing initiatives include the incorporation of local ingredients such as green tea and red beans into Western-type frozen desserts.

Market Insights



Market Dynamics



The market dynamics represent an ever-changing landscape of the Frozen Desserts Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers


Increasing purchasing power of consumers, change in lifestyle, and food habits
Upsurge in demand for low-sugar and low-calorie desserts
Ongoing increasing demand for ready-to-eat frozen desserts coupled with expanding E-commerce sector

Market Restraints


Rising consumer awareness about artificial sweeteners used in frozen desserts

Market Opportunities


Technological advancements in the cold chain offering operational excellence in the bakery industry
Ongoing advancements in sustainable packaging

Market Challenges


Limited cold chain infrastructure in developing economies

Market Segmentation Analysis


Product: Surge in popularity of frozen yogurt due to its additional probiotic benefits
Distribution Channel: Growing significance of offline distribution channel due to accessibility the quality of frozen desserts

Market Disruption Analysis


Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix



The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Frozen Desserts Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis



The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Frozen Desserts Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments




Breyers Partners With Perfect Day for Eco-Friendly Lactose-Free Chocolate Ice Cream

Perfect Day, a pioneer in precision fermentation technology based in Berkeley, California, has joined forces with Unilever's heritage brand Breyers to introduce a new lactose-free chocolate ice cream. This partnership aims to deliver the cherished creamy texture and taste of traditional ice cream with significantly reduced environmental impacts by leveraging Perfect Day's decades-old fermentation process.


Oatly and Carvel Unite to Introduce Dairy-Free Frozen Desserts Nationwide

Oatly Group AB has announced a groundbreaking partnership with the iconic ice cream brand Carvel, known for its soft serve and unique character cakes. This collaboration marks the initiation of Oatly's non-dairy frozen desserts in approximately 300 Carvel outlets across 18 United States, offering consumers a delightful alternative to traditional dairy-based products.


Kulfilicious Expands in Bangalore, Celebrates New Jayanagar Outlet with Star-Studded Inauguration and Exotic Flavors

Kulfilicious is set to open a new outlet in Jayanagar, Bangalore, following the remarkable success of its Indiranagar store. The new outlet aims to provide a nostalgic yet innovative experience through a wide selection of frozen desserts, including kulfis, faloodas, and more, accentuated by novel flavors such as Guava and Ferrero Rocher.

Strategy Analysis & Recommendation



The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Frozen Desserts Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles



The report delves into recent significant developments in the Frozen Desserts Market, highlighting leading vendors and their innovative profiles. These include Am. D.Q. Corp., Archer-Daniels-Midland Company, Arla Foods Group, Barentz International B.V., Blue Bell Creameries, Bulla Dairy Foods, Conagra Brands, Inc., Dairy Farmers of America Inc., Daiya Foods Inc. by Otsuka Pharmaceutical Co., Ltd., Danone S.A., Ferrero International S.A., Fonterra Co-operative Group Limited, Froneri International Limited, General Mills, Inc., Inspire Brands LLC, Kellanova, Meiji Holdings Company, Ltd., Mondelez International, Inc., MTY Food Group Inc., Nestlé S.A., The Hain Celestial Group, Inc., Tofutti Brands Inc., Tyson Foods, Inc., Unilever PLC, and Yili Group.

Market Segmentation & Coverage



This research report categorizes the Frozen Desserts Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Cakes & Pastries
Confectionery & Candies
Custards & Pudding
Doughnuts & Pies
Frozen Yogurt
Ice Creams
Sorbet & Sherbet
Distribution Channel
Offline
Online
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year