Frozen Dessert Market Will Generate Record Revenue by 2031
Global frozen dessert market is anticipated to grow at a CAGR of 11.9% during the forecast period (2024-2031). The growth of the market is significantly propelled by evolving consumer preferences and lifestyles. Rapid urbanization and growing disposable income in emerging economies such as China, India, and South Korea are driving the global frozen dessert market. As urbanization accelerates and disposable incomes rise, consumers are increasingly drawn to convenient yet indulgent food choices. Frozen desserts are increasingly adopted around the globe owing to wide range of varieties that can be easily stored for extended periods. The market benefits from the diverse array of flavors, innovative product developments, and the surging demand for healthier options like low-fat, sugar-free, and vegan alternatives.
The market growth is attributed to key market players launching different frozen dessert options. For instance, in January 2022, Mondel?z International, Inc. introduced a new line of frozen desserts under the renowned Oreo brand. The assortment encompasses bars, cones, sandwiches, and trays, each infused with the iconic Oreo flavor. The bars and cones are adorned with actual Oreo pieces and enveloped in a coating crafted from crushed Oreo wafer fragments, providing a delightful blend of textures and tastes. Meanwhile, the sandwiches feature two substantial Oreo wafers, delivering a satisfying indulgence for Oreo enthusiasts.
In January 2022, Unilever USA unveiled a diverse range of 19 novel frozen treats across multiple esteemed brands in its portfolio. This extensive product launch spans four distinct packaged ice cream and frozen novelty labels: Breyers, Klondike, Magnum ice cream, and Talenti Gelato & Sorbetto. With a commitment to innovation and consumer satisfaction, Unilever introduces an array of enticing options to cater to various tastes and preferences within the frozen dessert market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Product Type
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Unilever PLC, General Mills Inc., Nestle S.A., China Mengniu Dairy Co. Ltd., and The Hain Celestial Group, Inc., among others.
Frozen Dessert Market Report Segment
By Product Type
- Frozen Yogurt
- Ice Cream
- Frozen Cakes
By Distribution Channel
- Retail
- Food Service
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Company Profiles
- ADM (Archer Daniels Midland Company)
- Bulla Dairy Foods
- China Mengniu Dairy Co. Ltd.
- Conagra Brands, Inc.
- Danone Murray Goulburn Pty Limited
- Dunkin’ Brands Group Inc. (Baskin-Robbins)
- Fonterra Co-Operative Group Ltd.
- Frosty Boy
- Honey Hill Farms
- Inner Mongolia Yili Industrial Group Co. Ltd (Yili Co.)
- Kellogg’s Co. (Kellanova)
- London Dairy (Unipex Dairy Products Co., Ltd.)
- Meiji Holdings Co., Ltd.
- Mondel?z International group
- Pinkberry (Kahala Franchising, L.L.C.)
- Scott Brothers Dairy
- The Hain Celestial Group, Inc.
- Wells Enterprises
- Yasso Greek Yogurt
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