Frozen Desserts Market 2023-2027 | USD 22.09 billion growth is expected between 2022 to 2027 | Rising urbanization and changing consumer lifestyles to improve the market growth

NEW YORK, Feb. 14, 2024 /PRNewswire/ -- The frozen desserts market size is set to grow by USD 22.09 billion from 2022 to 2027, progressing at a CAGR of 6.21% during the forecast period. The rising urbanization and changing consumer lifestyles drives the growth of the market during the forecast period. The growing global urban population and increasing demand for convenient breakfast foods are some of the factors that drive the frozen dessert market. Consumer lifestyles and eating habits have changed significantly during the past two decades. A rapid increase in the consumption of frozen and packaged foods such as frozen desserts is driven by the rapid urbanization and consumerism. Hence, such factors drive the market during the forecast period. Here is an Exclusive report talking about scenarios with a historical period (2017-2021) and forecast period (2023-2027). Download Sample Report in minutes!

• The consumption of frozen yogurt as a functional food is an emerging trend during the forecast period. 
• A major challenge hindering the growth is the increasing prevalence of obesity and related diseases among consumers. 

The report extensively covers segmentation by product (gelato, frozen novelties, frozen yogurt, sherbet and sorbet, and others), distribution channel (supermarkets and hypermarkets, specialty stores, convenience stores, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• The growth by the gelato segment will be significant for growth during the forecast period. Young adults looking for a refreshing snack increasingly consume gelato. Furthermore, the artisanal ice cream sector, on the other hand, is growing the fastest due to changing customer preferences toward products made with natural ingredients. Hence, this segment is expected to witness growth due to the increasing consumer spending on fast food, intensive research and development activities for the production of unique product variations, and product availability. Hence, such factors drive the segment growth during the forecast period. This report presents a detailed picture by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report

Companies Mentioned

• Andros SNC
• AO Molochny kombinat Stavropolskiy
• Binggrae Co. Ltd.
• Coolhull Farm
• Dairy Farmers of America Inc.
• FAT Brands Inc.
• Fonterra Cooperative Group Ltd.
• General Mills Inc.
• Heritage Foods Ltd.
• IDMC Ltd.
• Inspire Brands Inc.
• Karnataka Milk Federation
• Meiji Holdings Co. Ltd.
• Mondelez International Inc.
• Nestle SA
• Regal Cream Products Pty Ltd.
• Tofutti Brands Inc.
• Unilever PLC
• Yogurtland Franchising Inc.
• Yasso Inc.

Andros SNC - The company offers frozen desserts under the brands Andros Chef.

Coolhull Farm - The company offers frozen desserts such as Paganini luxury vanilla, Paganini luxury strawberry, and Paganini luxury chocolate.

Dairy Farmers of America Inc. - The company offers frozen desserts under the brand Swiss premium dairy, TG Lee, and Tuscan dairy farms. For more insights about vendors and their offerings - Buy now!

The Frozen Dessert market continues to evolve, influenced by shifting consumer preferences and growing health consciousness. With rising disposable income, consumers are exploring a plethora of options, from traditional ice cream to trendy frozen yogurt. The industry thrives on offering diverse dessert products, ranging from indulgent treats to low-calorie options. Manufacturers are experimenting with various ingredients, including milk compounds, vegetable fats, enticing flavors, and nutritious dry fruits to cater to diverse tastes. However, concerns regarding climate change and health issues raised by organizations like the World Health Organization (WHO) are prompting the industry to innovate. Strategies include addressing concerns such as diabetes by introducing healthier alternatives and promoting awareness about moderation and balanced consumption.

The industry is experiencing a seismic shift with the rise of vegan choices and dairy-free products, responding to growing consumer demand for healthier and more sustainable options. Leading brands like Coca-Cola are diversifying their portfolios to cater to this trend, introducing fruit-based products and desserts tailored to dietary restrictions. Agriculture-focused ecosystems are increasingly important, fostering sourcing initiatives that prioritize ethical and eco-friendly practices. Food processing units are innovating to create a plethora of ice cream varieties, including snack-sized portions for convenience and takeout options for home events and gatherings. Amidst these Industry Dynamics, health concerns like spinal degeneration are driving preferences towards indulgent yet nutritious frozen treats.

Related Reports:
The Dairy Desserts Market is poised to grow by USD 977.41 million during 2022-2026, accelerating at a CAGR of 4.5% during the forecast period. This forecast report extensively covers segmentation by Product (Yogurt, cream, and others), and Geography (Europe, North America, APAC, South America, and Middle East and Africa). The increasing number of product launches is one of the key drivers supporting the growth.

The frozen baby food market size is expected to increase to USD 8.08 billion from 2021 to 2026, and the growth momentum will accelerate at a CAGR of 8.59%. Furthermore, this report extensively covers segmentation by product (frozen ready meals, frozen fruits and vegetables, frozen meat, and others) and geography (Europe, APAC, North America, Middle East and Africa, and South America). The rise in the working women population is notably driving the growth.

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging trends and provides actionable insights to help businesses identify opportunities and develop effective strategies to optimize their positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable insights to identify opportunities in existing and potential markets and assess their competitive positions within changing scenarios.

Contact
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

SOURCE Technavio

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