Global Frozen Dessert Market Size Study, 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 Regional Forecasts 2022-2032
The global frozen dessert market is valued at approximately USD 123.75 billion in 2023 and is poised to grow at a compound annual growth rate (CAGR) of 5.51% during the forecast period from 2024 to 2032. Frozen desserts, ranging from creamy ice creams to rich frozen yogurts and indulgent cakes, have become an indispensable part of modern culinary preferences. These products not only offer indulgent experiences but also meet the increasing demand for healthier and innovative dessert options. The market is undergoing significant transformation, driven by changing consumer lifestyles, a growing penchant for on-the-go snacks, and the rising popularity of sugar-free and low-calorie variants.
The increasing awareness of health-conscious consumption has catalyzed the market for sugar-free and low-fat frozen desserts. Simultaneously, the segment of premium frozen desserts is witnessing robust demand, propelled by innovations in flavor profiles, packaging, and ingredient sourcing. Manufacturers are leveraging sustainable practices and plant-based ingredients to cater to evolving consumer preferences. Despite these promising trends, the market faces challenges such as supply chain constraints and fluctuating raw material costs, which can impact profitability and scalability.
The market is further fueled by advancements in manufacturing technologies and the growing influence of e-commerce platforms. Innovations like the integration of probiotics into frozen yogurts and the expansion of plant-based dessert lines are redefining the market landscape. Moreover, strategic partnerships between dessert brands and retail chains are enhancing product accessibility, offering immense growth potential for new and established players alike.
Regionally, North America dominates the frozen dessert market, driven by strong consumer demand for premium and health-focused options. Europe follows closely, with a burgeoning market for artisanal and organic desserts. Meanwhile, the Asia Pacific region is expected to exhibit the fastest growth, underpinned by increasing urbanization, rising disposable incomes, and the proliferation of modern retail infrastructure.
Major market players included in this report are:• Nestlé S.A.
• General Mills, Inc.
• Unilever PLC
• Blue Bell Creameries L.P.
• Lotte Confectionery Co., Ltd.
• Inspire Brands, Inc.
• Wells Enterprises, Inc.
• Danone S.A.
• Baskin-Robbins LLC
• Häagen-Dazs Company, Inc.
• Turkey Hill Dairy
• Dean Foods Company
• Amul (Gujarat Cooperative Milk Marketing Federation Ltd.)
• Mother Dairy Fruit & Vegetable Pvt. Ltd.
• The Kraft Heinz Company
The detailed segments and sub-segments of the market are explained below:By Product Type:
• Ice Cream
• Yogurts
• Cakes
• Others
By Category:
• Conventional
• Sugar-Free
By Distribution Channel:
• Store-Based
• Non-Store Based
By Region:
North America:
• U.S.
• Canada
Europe:
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific:
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
Latin America:
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa:
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa
Years considered for the study are as follows:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024 to 2032
Key Takeaways:• Comprehensive market forecasts and revenue estimates for 10 years.
• Regional-level analysis and insights into country-specific trends.
• Strategic recommendations based on market dynamics and consumer behavior.
• Competitive landscape evaluation highlighting key players and their innovations.
• In-depth analysis of supply and demand factors shaping market trends.
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