In 2022, the ice cream and frozen desserts market will be worth US$ 137,300 million. As disposable income rises and the number of people consuming frozen desserts increases internationally, the market for ice cream and frozen desserts is anticipated to develop significantly over the course of the projected period.
Ice cream and frozen desserts are produced by the frozen food industry. They are often consumed after a meal or as a snack between meal courses. Ice cream and frozen desserts are created by blending milk and cream with appealing fruits and aromas. The growing habit of eating ice cream and frozen desserts as a digestive product drives the global ice cream and frozen dessert industry forward. Another factor influencing the industry’s growth is rising demand for ice cream and frozen yoghurt. The popularity of these delectable frozen food products among both children and adults is growing as a result of the healthy content acquired from their consumption.
The global ice cream and frozen dessert market are expected to witness significant growth over the forecast period due to the rise in disposable income and the growing population size of individuals consuming frozen desserts globally. However, the market is slated to witness a decline in growth due to the increasing health concerns among consumers. Consumers are on the watch for products with low-calorie content with healthy befitting properties.
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Ice Cream and Frozen Dessert Market Growth Driven by Consumers’ Changing Lifestyle
Ice cream and frozen desserts are classified as ready-to-eat meals or convenience food that can be consumed anywhere and anytime. The present-day consumers are involved in a busy lifestyle, which doesn’t allow them to prepare food. Thus, they are ready to spend on ice cream and frozen desserts. Besides, the rise in consumption of yogurt and ice cream among consumers is another factor facilitating the global growth of the market. The global ice cream and frozen dessert market are slated to witness robust growth over the forecast period.
Availability at Retail Stores
The retail store is one of the most significant growth boosters for the ice cream and frozen dessert market. Ice cream and frozen dessert are readily available at various retail stores worldwide. Consumers find it easy to walk into a retail store to get frozen dessert, and this is expected to foster the growth of the market over the forecast period. Retail stores such as hypermarkets, supermarkets, convenience stores, and many more sell ice cream and frozen dessert products in bulk.
Ice Cream and Frozen Dessert Market Restraint
The global ice cream and frozen dessert market is not without its challenges. Major factors such as flavor, and fat content contained in ice cream and frozen desserts are expected to restrain the market’s growth over the forecast period.
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Ice Cream and Frozen Dessert Market: Competitive Landscape
Baskin-Robbins
Nestle SA
Unilever
Danone Groupe SA
Ben & Jerry’s Homemade Holdings Inc.
Cielo USA
Kraft Foods Group Inc.
Key Segments Covered in the Ice Cream and Frozen Dessert Industry Analysis
By Type:
Frozen Yogurt
Frozen Cakes
Ice Cream
Others
By Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Others
Frequently Asked Questions
- What is the expected market value for Ice Cream and Frozen Dessert in 2022?
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- What is the expected market value for ice cream and frozen desserts in 2032?
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