Frozen Desserts

Global Frozen Desserts Market to Reach US$137.3 Billion by 2030

The global market for Frozen Desserts estimated at US$101.3 Billion in the year 2024, is expected to reach US$137.3 Billion by 2030, growing at a CAGR of 5.2% over the analysis period 2024-2030. Ice Cream, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$80.2 Billion by the end of the analysis period. Growth in the Confectionary & Candies segment is estimated at 5.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$32.8 Billion While China is Forecast to Grow at 7.3% CAGR

The Frozen Desserts market in the U.S. is estimated at US$32.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$23.3 Billion by the year 2030 trailing a CAGR of 7.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.2% and 4.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Global Frozen Desserts Market - Key Trends & Drivers Summarized

Frozen desserts, encompassing a wide variety of products such as ice cream, frozen yogurt, gelato, sorbet, and frozen novelties, have become a staple in many diets around the world. These desserts are loved for their refreshing qualities and rich, diverse flavors that cater to a broad range of consumer preferences. Ice cream remains the most popular category, with traditional flavors like vanilla and chocolate being perennial favorites, while innovative flavors and inclusions continue to captivate consumers. Gelato, known for its dense texture and intense flavor, has gained popularity for its artisanal appeal. Frozen yogurt, often perceived as a healthier alternative to ice cream, attracts health-conscious consumers with its lower fat content and probiotic benefits. Sorbets and sherbets, typically made from fruit purees, provide a dairy-free option that appeals to vegans and those with lactose intolerance.

Technological advancements and innovative production techniques have significantly enhanced the quality and variety of frozen desserts. Modern freezing technologies, such as continuous freezing and blast freezing, ensure a smoother texture and longer shelf life for these products. Ingredient innovation has also played a crucial role, with the introduction of plant-based and allergen-free ingredients catering to the growing demand for inclusive dietary options. The development of low-calorie sweeteners and fat replacers has enabled manufacturers to create guilt-free indulgences without compromising on taste. Additionally, the use of high-quality, natural ingredients and the trend towards clean label products have resonated well with consumers seeking transparency and authenticity in their food choices. Packaging innovations, such as resealable containers and portion-controlled packs, have further improved the convenience and appeal of frozen desserts.

The growth in the frozen desserts market is driven by several factors. The increasing consumer demand for convenient and indulgent food options is a significant driver, as busy lifestyles make ready-to-eat desserts more appealing. The rise in health consciousness and dietary awareness has led to the proliferation of better-for-you options, including low-sugar, low-fat, and plant-based frozen desserts. Technological advancements in freezing and ingredient processing are making it easier for manufacturers to produce high-quality, diverse products that meet evolving consumer preferences. Additionally, the expansion of distribution channels, including online platforms and specialty stores, is enhancing the accessibility of these products to a broader audience. The growing influence of social media and food trends is also shaping consumer preferences and driving innovation in flavors and formats. Together, these factors are fostering a dynamic and expanding market for frozen desserts, presenting significant opportunities for continued innovation and growth.

SCOPE OF STUDY:

The report analyzes the Frozen Desserts market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Ice Cream, Confectionary & Candies, Frozen Yogurt, Other Types); Distribution Channel (Supermarket/Hypermarket, Cafe & Bakery Shops, Online, Convenience Stores, Other Distribution Channels)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 1246 Featured) -

• Britannia Industries Ltd.
• Bakoma Sp. z o.o.
• Bakkavor Group PLC
• Ambika Global Foods & Beverages PrivateLimited
• Al Safi
• Baketree Inc.
• Better Than Ice Cream, Inc. (BTIC, Inc.)
• Baixiang Foods Co., Ltd.
• Bagley Argentina SA
• 16 Handles
• Bestway Cash & Carry Limited
• A. Royale & Co.
• ALICO S.r.L.
• Bisignano
• Apricot Technologies Limited

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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