Frozen Dessert Market Share, Size, Trends, Industry Analysis Report, By Product (Ice-cream, Frozen Yogurts, Confectionary & Candies, Others); By Distribution Channel; By Region; Segment Forecast, 2022 - 2030

Frozen Dessert Market Share, Size, Trends, Industry Analysis Report, By Product (Ice-cream, Frozen Yogurts, Confectionary & Candies, Others); By Distribution Channel; By Region; Segment Forecast, 2022 - 2030

The global frozen dessert market size is expected treach USD 145.16 billion by 2030, according ta new study by Polaris Market Research. The report “Frozen Dessert Market Share, Size, Trends, Industry Analysis Report, By Product (Ice-cream, Frozen Yogurts, Confectionary & Candies, Others); By Distribution Channel; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight intcurrent market dynamics and provides analysis on future market growth.

The growing popularity of convenient munching among customers for desserts is paving the way for ice creams and yogurt; therefore, it is expected tdrive the growth of the industry. In addition, increasing customer awareness involving a healthy lifestyle and following specific diets with low-sugar intake is anticipated tdrive the demand for vegan desserts.

Various players are introducing products in response tthe growing demand for frozen desserts. For instance, in October 2019, in the U.S., Zendegii Frill Ltd. introduced its first dairy-free, whole fruit and vegetable-based frozen sweet that contains natural ingredients such as cinnamon and elderflower. Moreover, the company specifies its product as vegan, palediet-friendly, gluten-free, and containing no-GMO.

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The increasing trend of snacking on sweets after a meal tprevent effective digestive products is stimulating the growth of the industry. Climate change is another factor expected tgenerate demand for frozen sweets such as ice cream and yogurt worldwide.

The ice-creams product segment was the largest revenue share in the product category in 2021. The increasing tendency of snacking and munching among customers, especially millennials and Gen Zs, on account of time limitations is driving the demand for the segment globally.

According ta study by National Frozen & Refrigerated Foods Association in 2019, states that around 40% of millennials and 30% of baby boomers snack at least thrice a day at home. Additionally, the ease of availability of ice creams in various flavors, such as chocolate, vanilla, chocolate, strawberry, and others, will boost the demand during the forecast period.

The supermarket/hypermarket distribution channel segment is anticipated tobserve the fastest growth over the forecast period. This is due tthe rising penetration of retail giants such as Walmart and Costco, increasing product visibility and expanding inta more extensive consumer base. Moreover, customers’ preference tbuy such products physically by verifying these products before buying is helping in increasing the sales of desserts through this channel.

Frozen Dessert Market Report Highlights

• Ice-creams accounted for the largest revenue share in 2021. Super/hypermarkets accounted for the largest revenue share during the forecast period.
• North America is expected tgrow significantly over the projected period on account of rapid urbanization, economic development, and increased focus of key players for developing technologically advanced in this region.
• The global industry is highly competitive owing tprominent players with a worldwide presence, including Nestle S.A., London Dairy Co. Ltd., Unilever, Baskin Robbins LLC, and General Mills.

Polaris Market Research has segmented the frozen dessert market report based on product, distribution channel, and region:

Frozen Dessert, Product Outlook (Revenue – USD Billion, 2018 – 2030)
• Ice-cream
• Frozen Yogurts
• Confectionary & Candies
• Others
Frozen Dessert, Distribution Channel Outlook (Revenue – USD Billion, 2018 – 2030)
• Supermarket/Hypermarket
• Convenience Stores
• Cafes & Bakery Shops
• Online
• Others
Frozen Dessert, Regional Outlook (Revenue – USD Billion, 2018 – 2030)
• North America
• U.S
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa