The Frozen Desserts Market Size was esteemed at USD 91.98 billion out of 2022 and is supposed to arrive at USD 147.47 billion by 2030, and develop at a CAGR of 6.1% over the forecast period 2023-2030.
Frozen yogurt and frozen pastry are food items from the frozen food industry. They are consumed after a feast or filled in as a reward between dinner courses. Frozen yogurt and frozen sweets are made out of milk and cream joined with leafy foods, making them satisfying to the shopper. The developing pattern of the utilization of frozen yogurt and frozen dessert after a feast as stomach-related item power the development of the worldwide frozen yogurt and frozen dessert market. Another component affecting the business development is the flood popularity of frozen yogurt and frozen yogurt. The two children and grown-ups are on the ascent for these delectable frozen food items on account of the healthy benefit acquired from their utilization.
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The worldwide frozen yogurt and frozen dessert market are supposed to observe huge development over the gauge period because of the ascent in discretionary cash flow and the developing populace size of people consuming frozen sweets universally. Nonetheless, the market is scheduled to observe a decrease in development because of the rising well-being worries among buyers. Shoppers are on the watch for items with low-calorie satisfaction with sound befitting properties.
In 2021, Mengniu jumped all over the advancement chances in the dairy item industry through persistent item advancements and updates, rebranding endeavors, and extending on the web and disconnected channels for omnichannel improvement, prompting income development that by and by surpassed assumptions.
Driving Factors:
The rising fame of low-fat pastries.
Rising extra cash and rising urbanization.
Restraining Factors:
Rising worries about the item's high sugar and fat substance.
Opportunities:
Clients can now arrange frozen treats on the web and appreciate them in the solace of their homes.
A wide assortment of frozen treats is sold in shopping centers, retail chains, multiplexes, and other dissemination channels.
Challenges:
The adverse consequence of COVID-19 on the creation and production network.
Frozen treats deal at first fell because of COVID-19 limitations on physical stores. Notwithstanding, central parts are endeavoring to harden their market position by zeroing in on web-based business and internet showcasing to arrive at shoppers across geological limits. Moreover, the pandemic provoked customers to search out resistance helping items as well as other sustained items that give medical advantages, bringing about central parts working on the piece of their pastries items by integrating natural fixings, making them sans cholesterol, and sending off veggie-lover variations with no additional additives or added substances.
Distribution Channel:
Based on circulation channels, the market has been divided into general store/hypermarkets, general stores, bistro and pastry kitchen shops, and the web. It is normal to arise as the quickest developing section over the estimated period attributable to the acquisition of frozen pastries, alongside the everyday staple things, which is credited to the consistently expanding interest for treats in day-to-day food components. The developing pattern of buying items from specific stores has brought about the kickoff of different bistros and pastry kitchens looking for frozen dessert items.
Product Type:
As a result, the market is separated into confectionary and confections, and frozen yogurt. Frozen yogurt is one of the significant items in this market and this section represented the biggest piece of the pie. The interest in frozen yogurt is expanding to an enormous scope because of its developing ubiquity among all ages. Frozen yogurt is expected to observe the quickest development over the gauge period inferable from a few medical advantages related to the item. It is a frozen pastry made with yogurt and in some cases other dairy and non-dairy items. Frozen yogurt frequently contends with frozen yogurt, and is normally viewed as a better other option.
By Product Type:
Confectionary & Candies
Ice Cream
Tofu
Cakes & pastries
Others
By Distribution channel:
Supermarket/Hypermarket
Convenience Stores
Cafes & Bakery Shops
Online
Others
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North America
USA
Canada
Mexico
Europe
Germany
the UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
North America rules the frozen sweets market and will keep on doing such during the figure time frame because of buyer inclinations in this district moving from dairy-based frozen treats to non-dairy-based frozen pastries items. Moreover, item improvement, an elevated degree of extra cash, and the presence of different frozen pastries flavors will speed up the market's development rate around here. Because of rising buyer interest for frozen pastries and rising frequencies of stomach-related problems, for example, lactose bigotry around here, Asia-Pacific is supposed to develop at a critical rate during the conjecture time of 2022-2028.
Amul, Baskin Robbins, Britannia Industries Ltd., Conagra Foods, Danone, Ferrero Spa, General Mills Inc., London Dairy Co. Ltd., Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestle Sa, Unilever Group, Wells Enterprises.
| Report Attributes | Details |
|---|---|
| Market Size in 2022 | US$ 91.98 Billion |
| Market Size by 2030 | US$ 147.47 Billion |
| CAGR | CAGR 6.1% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Product Type (Confectionary & Candies, Ice Cream, Tofu, Cakes & pastries, Others) • by Distribution Channel (Supermarket/Hypermarket, Convenience Stores, Cafes & Bakery Shops, Online, Others) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Amul, Baskin Robbins, Britannia Industries Ltd., Conagra Foods, Danone, Ferrero Spa, General Mills Inc., London Dairy Co. Ltd., Mother Dairy Fruit & Vegetable Pvt. Ltd., Nestle Sa, Unilever Group, Wells Enterprises |
| Drivers | •The rising fame of low-fat pastries. •Rising extra cash and rising urbanization. |
| Market Challenges: | •The adverse consequence of COVID-19 on the creation and production network. |
Ans: Product Type and Distribution channel segments are covered in the Frozen Desserts Market.
Ans: Manufacturers, Research Institutes, university libraries, suppliers, and distributors of the product.
Ans: North America has the biggest offer in the Frozen Desserts market.
Ans: Rising worries about the item's high sugar and fat substance and the adverse consequence of COVID-19 on the creation and production network are the restraining factors and challenges faced by the Frozen Desserts market.
Ans: The Global Frozen Desserts Market Size is supposed to arrive at USD 131.5 billion by 2028, and develop at a CAGR of 6.1% over the forecast period 2022-2028.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Frozen Desserts Market segmentation, Product Type:
8.1 Confectionary & Candies
8.2 Ice Cream
8.3 Tofu
8.4 Cakes & pastries
8.5 Others
9. Global Frozen Desserts Market segmentation, By Distribution channel
9.1 Supermarket/Hypermarket
9.2 Convenience Stores
9.3 Cafes & Bakery Shops
9.4 Online
9.5 Others
10. Global Frozen Desserts Market, by region/ country
10.1 Introduction
10.2 North America
10.2.1 USA
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 The Netherlands
10.3.7 Rest of Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 South Korea
10.4.3 China
10.4.4 India
10.4.5 Australia
10.4.6 Rest of Asia-Pacific
10.5 The Middle East & Africa
10.5.1 Israel
10.5.2 UAE
10.5.3 South Africa
10.5.4 Rest
10.6 Latin America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of Latin America
11. Company profiles
11.1 Amul
11.1.1 Financial
11.1.2 Products/ Services Offered
11.1.3 Swot Analysis
11.1.4 The SNS View
11.2 Baskin Robbins
11.3 Britannia Industries Ltd.
11.4 Conagra Foods
11.5 Danone
11.6 Ferrero Spa
11.7 General Mills Inc.
11.8 London Dairy Co. Ltd.
11.9 Mother Dairy Fruit & Vegetable Pvt. Ltd.
11.10 Nestle Sa
11.11 Unilever Group
11.11 Wells Enterprises
12. Competitive Landscape
12.1 Competitive Bench Marking
12.2 Market Share Analysis
12.3 Recent Developments
13. Conclusion
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