Global Dairy Desserts Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Dairy desserts include a wide range of products which include desserts having milk as a key ingredient in them. The products include ice cream, yogurt, custard, sherbet, pudding, and others.
Market Overview:The latest research study on the global Dairy Desserts market finds that the global Dairy Desserts market reached a value of USD 42412.0 million in 2022. It’s expected that the market will achieve USD 54809.74 million by 2028, exhibiting a CAGR of 4.37% during the forecast period.
Growth Drivers
Increasing Disposable Income
With the continuous improvement of global economic level, the improvement of people's living standards and the increase of disposable expenditure, the demand for food and cultural enjoyment is increasing. People are no longer just satisfied with food and clothing. Diversified demand for food has become a positive element in the dairy dessert industry. Dairy desserts, like coffee and music, mean fashion and enjoyment of life.
Launch of New Flavors
The company develops new dairy desserts, and the same product develops desserts with different tastes to satisfy customers with different tastes and sweetness requirements. Provide custom-made desserts can satisfy customers ‘needs greatly. Developing new product packaging (personality, beauty) can attract consumers' eyes and buy new products.
Industry Pitfalls & Challenges
Product Seasonality
Dairy desserts are mainly stored in freezers. Dairy desserts products have great seasonal variation. Dairy desserts are mainly sold in summer. The temperature difference between inside and outside is large. Eating desserts can give people a relaxed state. In winter, because of the low outdoor temperature, people prefer to eat warm food, which leads to low sales of dairy desserts.
Health Concern
Dairy desserts contain high levels of lactose, but they must be decomposed into galactose and glucose under the action of lactose acid in the digestive tract before they can be absorbed by the human body. If lactose acid is deficient, it will cause abdominal pain and diarrhea after eating dairy dessert.
Dairy desserts contain a lot of sugar, and the sugar that the human body cannot absorb will be converted into glycogen, glycogen will be stored in the body, just like a reserve energy, eating too much sugar can affect the consumption of fat in the body, resulting in fat accumulation. Fat is a form of energy storage. Thus affecting health.
Company Overview:Danone is one of the major players operating in the Dairy Desserts market, holding a share of 4.19% in 2023.
Danone
Danone SA operates in the food and beverage industry worldwide. The company operates through four segments: EDP International, EDP Noram, Specialized Nutrition, and Waters. It offers yogurts under the Danone, Activia, DanActiv, Danimals, Dannon, Danonino, Happy Family, Horizon Organic, Light & Fit, Oikos, YoCrunch, and Danio brands; and almond and soy milk, ice creams and novelties, and powdered proteins under the Silk, So Delicious, Vega, and Alpro brands.
Fonterra
Fonterra, together with its subsidiaries, collects, manufactures, and sells milk and milk-derived products. It operates through Ingredients, Consumer and Foodservice, and China Farms segments.
Segmentation Overview:Among different product types, Yogurt segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Off-Trade segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Dairy Desserts market covered in Chapter 3:Nestle
GCMMF (AMUL)
FrieslandCampina
Fonterra
Müller
Parmalat S.P.A
General Mills
Danone
Dana Dairy
Lactalis
YiLi
Dean Foods
In Chapter 4 and Chapter 14.2, on the basis of types, the Dairy Desserts market from 2018 to 2029 is primarily split into:Ice Cream
Yogurt
Custard
Sherbet
Pudding
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Dairy Desserts market from 2018 to 2029 covers:Store Based
Non Store Based
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)