Global Frozen Novelty Market, By Product (Ice Cream Bars, Ice Cubes, Ice Cream Sandwiches, Others), By Application (Residential, Commercial), By Distribution Channel (Supermarkets, Ice Cream Trucks, Convenience Stores) By region (North America, Latin America, Europe, Asia. Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Frozen Novelty Market
Global Food Nanoencapsulation Market is expected to reach USD 5.03 billion by 2022, which will reach USD 9.63 billion in 2030, registering a CAGR of 8.45% during the forecast period 2023-2030.
Frozen novelties are foods made from milk solids or even flavoured water-based vegetable oils in the form of shaved ice, ice pops, sorbet and snow cones. Due to the different tastes of frozen desserts, they are mostly consumed as frozen cakes, yoghurts and ice creams.
Market Drivers
Increasing urbanization and the growing trend of convenience foods worldwide. Making a frozen novelty takes less time and effort than cooking from scratch. Growing consumer preference for convenience will indirectly benefit the growing demand for frozen treats. As a result, the need for frozen products is increasing. Growth in disposable income is another factor that significantly influences the growth of the frozen food market as it increases the purchasing power of consumers. Retail sales are expanding with a growing working class. Frozen foods sold by companies in the food chain continue to significantly increase turnover. The share of turnover is expected to increase as local stores expand their frozen ready-meal selection and online sales take advantage of previously untapped market opportunities. Frozen news is increasingly popular in developed countries, where consumption is higher than in developing countries. In developing economies such as China and India, the increase in the number of workers and the trend towards longer and more varied working days has led to a gradual removal of the traditional paradigm of daily cooking.
Market Restraints
The growing popularity of fresh and natural foods and the increasing need for continuous temperature monitoring is expected to curb the growth rate of the frozen new market. At the same time, the lack of cold chain infrastructure in developing economies will challenge the frozen fresh market during the forecast period. This Frozen Novelty Market report includes information on new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analyzes opportunities for new revenue pockets and market changes. regulations, strategic market growth analysis, market size, category market growth, application niches and governance, product approvals, product launches, geographic expansions, technological innovations in the market.
Market Opportunities
Development of new flavors, attractive packaging methods and availability of lactose-free ice cream provide additional opportunities for the growth of the frozen novelties market during the forecast period.
Impact Of COVID-19
The COVID-19 epidemic has increased the demand for basic products. During the pandemic, consumers continued to buy ready-to-eat or convenience foods because they were readily available at low prices. All restaurants, hotels and shopping malls are strictly closed, affecting dining habits around the world due to closures and general security measures. This factor also affected many people's access to home food and packaged ready-to-eat products, which can be delivered to the home through several supermarkets or supermarkets, as well as online grocery deliveries, as eating places were limited. The fear of spreading the virus in public places has led to the purchase of packaged and long-lasting news instead of fresh food.
Market Segmentation
Global Frozen Novelty Market is segmented on the basis of By Product, By Application, By Distribution Channel.
Based on the By Product market is segmented into Ice Cream Bars, Ice Cubes, Ice Cream Sandwiches, Others. Further market is segmented into By Application market is segmented into Residential, Commercial. By Distribution Channel market is segmented into Supermarkets, Ice Cream Trucks, Convenience Stores.
Regional Analysis
Global Frozen Novelty Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Europe dominates the frozen news market due to the increase in demand for frozen news. Additionally, growth in the region's population, rapid urbanization, and increased customer awareness of the benefits of frozen food will fuel the growth of the frozen novel products market during the forecast period. The frozen novelties market in Asia Pacific is expected to grow significantly as the trend of convenience foods rises among the working class. Additionally, increasing demand for frozen foods due to reduced preparation and cooking time is expected to boost the market growth in the region.
Key Players.
Various key players are listed in this report such as The Hain Celestial Company, AGRARFROST GMBH & CO. KG, Agristo, Bart’s Potato Company bvba, Royal Cosun, Farm Frites, Greenyard, Himalaya Food International Ltd, J.R. Simplot Company, McCain Novelty Ltd.
Market Taxonomy
By Product
- Ice Cream Bars
- Ice Cubes
- Ice Cream Sandwiches
- Residential
- Commercial
- Supermarkets
- Ice Cream Trucks
- Convenience Stores
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Frozen Novelty Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Frozen Novelty Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn.
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Frozen Novelty Market, By Product
- 5.1 Y-o-Y Growth Comparison, By Product
- 5.2 Global Frozen Novelty Market Share Analysis, By Product
- 5.3 Global Frozen Novelty Market Size and Forecast, By Product
- 5.3.1 Ice Cream Bars
- 5.3.2 Ice Cubes
- 5.3.3 Ice Cream Sandwiches
- 6 Global Frozen Novelty Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Frozen Novelty Market Share Analysis, By Application
- 6.3 Global Frozen Novelty Market Size and Forecast, By Application
- 6.3.1 Residential
- 6.3.2 Commercial
- 7 Global Frozen Novelty Market, By Distribution Channel
- 7.1 Y-o-Y Growth Comparison, By Distribution Channel
- 7.2 Global Frozen Novelty Market Share Analysis, By Distribution Channel
- 7.3 Global Frozen Novelty Market Size and Forecast, By Distribution Channel
- 7.3.1 Supermarkets
- 7.3.2 Ice Cream Trucks
- 7.3.3 Convenience Stores
- 8 Global Frozen Novelty Market, By Region
- 8.1 Global Frozen Novelty Market Share Analysis, By Region
- 8.2 Global Frozen Novelty Market Size and Forecast, By Region
- 8.3 Global Frozen Novelty Market Trends and Forecast, By Region
- 9 North America Frozen Novelty Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 North America Frozen Novelty Market Share Analysis, By Product
- 9.3 North America Frozen Novelty Market Size and Forecast, By Application
- 9.4 North America Frozen Novelty Market Size and Forecast, By Distribution Channel
- 9.5 North America Frozen Novelty Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.1.1. Market Size and Forecast, By Product
- 9.5.1.2 Market Size and Forecast, By Application
- 9.5.1.3. Market Size and Forecast, By Distribution Channel
- 9.5.2 Canada
- 9.5.2.1. Market Size and Forecast, By Product
- 9.5.2.2 Market Size and Forecast, By Application
- 9.5.2.3. Market Size and Forecast, By Distribution Channel
- 9.5.3 Mexico
- 9.5.3.1. Market Size and Forecast, By Product
- 9.5.3.2 Market Size and Forecast, By Application
- 9.5.3.3. Market Size and Forecast, By Distribution Channel
- 10 Europe Frozen Novelty Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Europe Frozen Novelty Market Share Analysis, By Product
- 10.3 Europe Frozen Novelty Market Size and Forecast, By Application
- 10.4 Europe Frozen Novelty Market Size and Forecast, By Distribution Channel
- 10.5 Europe Frozen Novelty Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.1.1. Market Size and Forecast, By Product
- 10.5.1.2 Market Size and Forecast, By Application
- 10.5.1.3. Market Size and Forecast, By Distribution Channel
- 10.5.2 France
- 10.5.2.1. Market Size and Forecast, By Product
- 10.5.2.2 Market Size and Forecast, By Application
- 10.5.2.3. Market Size and Forecast, By Distribution Channel
- 10.5.3 UK
- 10.5.3.1. Market Size and Forecast, By Product
- 10.5.3.2 Market Size and Forecast, By Application
- 10.5.3.3. Market Size and Forecast, By Distribution Channel
- 10.5.4. Russia
- 10.5.4.1. Market Size and Forecast, By Product
- 10.5.4.2 Market Size and Forecast, By Application
- 10.5.4.3. Market Size and Forecast, By Distribution Channel
- 10.5.5. Italy
- 10.5.5.1. Market Size and Forecast, By Product
- 10.5.5.2 Market Size and Forecast, By Application
- 10.5.5.3. Market Size and Forecast, By Distribution Channel
- 10.5.6. Spain
- 10.5.6.1. Market Size and Forecast, By Product
- 10.5.6.2 Market Size and Forecast, By Application
- 10.5.6.3. Market Size and Forecast, By Distribution Channel
- 10.5.7. Rest of Europe
- 10.5.7.1. Market Size and Forecast, By Product
- 10.5.7.2 Market Size and Forecast, By Application
- 10.5.7.3. Market Size and Forecast, By Distribution Channel
- 11 Asia Pacific Frozen Novelty Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Asia Pacific Frozen Novelty Market Share Analysis, By Product
- 11.3 Asia Pacific Frozen Novelty Market Size and Forecast, By Application
- 11.4 Asia Pacific Frozen Novelty Market Size and Forecast, By Distribution Channel
- 11.5 Asia Pacific Frozen Novelty Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.1.1. Market Size and Forecast, By Product
- 11.5.1.2 Market Size and Forecast, By Application
- 11.5.1.3. Market Size and Forecast, By Distribution Channel
- 11.5.2 Japan
- 11.5.2.1. Market Size and Forecast, By Product
- 11.5.2.2 Market Size and Forecast, By Application
- 11.5.2.3. Market Size and Forecast, By Distribution Channel
- 11.5.3 India
- 11.5.3.1. Market Size and Forecast, By Product
- 11.5.3.2 Market Size and Forecast, By Application
- 11.5.3.3. Market Size and Forecast, By Distribution Channel
- 11.5.4. South Korea
- 11.5.4.1. Market Size and Forecast, By Product
- 11.5.4.2 Market Size and Forecast, By Application
- 11.5.4.3. Market Size and Forecast, By Distribution Channel
- 11.5.5. Australia
- 11.5.5.1. Market Size and Forecast, By Product
- 11.5.5.2 Market Size and Forecast, By Application
- 11.5.5.3. Market Size and Forecast, By Distribution Channel
- 11.5.6. New Zealand
- 11.5.6.1. Market Size and Forecast, By Product
- 11.5.6.2 Market Size and Forecast, By Application
- 11.5.6.3. Market Size and Forecast, By Distribution Channel
- 11.5.7. Singapore
- 11.5.7.1. Market Size and Forecast, By Product
- 11.5.7.2 Market Size and Forecast, By Application
- 11.5.7.3. Market Size and Forecast, By Distribution Channel
- 11.5.8. Malaysia
- 11.5.8.1. Market Size and Forecast, By Product
- 11.5.8.2 Market Size and Forecast, By Application
- 11.5.8.3. Market Size and Forecast, By Distribution Channel
- 11.5.9. Rest of Asia
- 11.5.9.1. Market Size and Forecast, By Product
- 11.5.9.2 Market Size and Forecast, By Application
- 11.5.9.3. Market Size and Forecast, By Distribution Channel
- 12 Latin America Frozen Novelty Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Latin America Frozen Novelty Market Share Analysis, By Product
- 12.3 Latin America Frozen Novelty Market Size and Forecast, By Application
- 12.4 Latin America Frozen Novelty Market Size and Forecast, By Distribution Channel
- 12.5 Latin America Frozen Novelty Market Size and Forecast, By Country
- 12.5.1 Brazil
- 12.5.1.1. Market Size and Forecast, By Product
- 12.5.1.2 Market Size and Forecast, By Application
- 12.5.1.3. Market Size and Forecast, By Distribution Channel
- 12.5.2 Argentina
- 12.5.2.1. Market Size and Forecast, By Product
- 12.5.2.2 Market Size and Forecast, By Application
- 12.5.2.3. Market Size and Forecast, By Distribution Channel
- 12.5.3. Colombia
- 12.5.3.1. Market Size and Forecast, By Product
- 12.5.3.2 Market Size and Forecast, By Application
- 12.5.3.3. Market Size and Forecast, By Distribution Channel
- 12.5.4. Peru
- 12.5.4.1. Market Size and Forecast, By Product
- 12.5.4.2 Market Size and Forecast, By Application
- 12.5.4.3. Market Size and Forecast, By Distribution Channel
- 12.5.5. Chile
- 12.5.5.1. Market Size and Forecast, By Product
- 12.5.5.2 Market Size and Forecast, By Application
- 12.5.5.3. Market Size and Forecast, By Distribution Channel
- 12.5.6. Venezuela
- 12.5.6.1. Market Size and Forecast, By Product
- 12.5.6.2 Market Size and Forecast, By Application
- 12.5.6.3. Market Size and Forecast, By Distribution Channel
- 12.5.7. rest of Latin America
- 12.5.7.1. Market Size and Forecast, By Product
- 12.5.7.2 Market Size and Forecast, By Application
- 12.5.7.3. Market Size and Forecast, By Distribution Channel
- 13 Middle East Frozen Novelty Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Middle East Frozen Novelty Market Share Analysis, By Product
- 13.3 Middle East Frozen Novelty Market Size and Forecast, By Application
- 13.4 Middle East Frozen Novelty Market Size and Forecast, By Distribution Channel
- 13.5 Middle East Frozen Novelty Market Size and Forecast, By Country
- 13.5.1. Saudi Arabia
- 13.5.1.1. Market Size and Forecast, By Product
- 13.5.1.2 Market Size and Forecast, By Application
- 13.5.1.3. Market Size and Forecast, By Distribution Channel
- 13.5.2 UAE
- 13.5.2.1. Market Size and Forecast, By Product
- 13.5.2.2 Market Size and Forecast, By Application
- 13.5.2.3. Market Size and Forecast, By Distribution Channel
- 13.5.3 Egypt
- 13.5.3.1. Market Size and Forecast, By Product
- 13.5.3.2 Market Size and Forecast, By Application
- 13.5.3.3. Market Size and Forecast, By Distribution Channel
- 13.5.4 Kuwait
- 13.5.4.1. Market Size and Forecast, By Product
- 13.5.4.2 Market Size and Forecast, By Application
- 13.5.4.3. Market Size and Forecast, By Distribution Channel
- 13.5.5 South Africa
- 13.5.5.1. Market Size and Forecast, By Product
- 13.5.5.2 Market Size and Forecast, By Application
- 13.5.5.3. Market Size and Forecast, By Distribution Channel
- 13.5.6 Rest of Middle East & Africa
- 13.5.6.1. Market Size and Forecast, By Product
- 13.5.6.2 Market Size and Forecast, By Application
- 13.5.6.3 Market Size and Forecast, By Distribution Channel
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 The Hain Celestial Company
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 AGRARFROST GMBH & CO. KG
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Agristo.
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4. Bart’s Potato Company bvba
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Royal Cosun
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Farm Frites
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Greenyard
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Himalaya Food International Ltd
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 J.R. Simplot Company
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 McCain Novelty Ltd.
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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