Global Frozen Desserts Market – Industry Trends and Forecast to 2031

The Frozen Desserts market is experiencing robust expansion, with market size projected to increase from XX billion in 2024 to xx billion by 2031, demonstrating a consistent year-over-year growth rate of 5.10%. Frozen Desserts Market Size, Share, Competitive Landscape and Trend Analysis Report, , And regions (North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2031

The global frozen desserts market handles the production, sale, and consumption of a range of frozen sweet foods such as ice cream, frozen yoghurt, sorbet, popsicles, and other frozen novelties. Frozen desserts are simple snacks or treats that are liked by every individual, irrespective of their age, as they provide a cooling and delicious experience. Change in consumer patterns, high spending capacity, and better convenience and indulgence are some of the factors that push the growth of the market. Growing preference for frozen desserts is adding fuel to the fire, and hence the growth prospects of the market are promising owing to the innovations, product mix expansion, and development of new and stimulating frozen dessert flavours and varieties.

Frozen Desserts Report Highlights

Report Metrics	Details
Forecast period	2019-2031
Base Year Of Estimation	2023
Growth Rate	CAGR of 5.10%
Key Market Players	Kellanova Froneri International Limited Nestlé Bassetts Ice Cream China Mengniu Dairy Company Limited Unilever Blue Bell Creameries Dippin’ Dots LLC. General Mills Inc. HANDEL'S HOMEMADE ICE CREAM
By Region	North America(United States.Canada.Mexico) South America(Brazil.Argentina.Chile.Rest of South America) Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe) Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific) MEA(Middle East.Africa)

Frozen Desserts Market Trends

The global frozen desserts market is currently on a strong growth trajectory on account of the increasingly expanding demand for enjoyable as well as conveniently available desserts. Frozen desserts that would appeal to the discriminating consumer’s palate with varied tastes and textures are also on the rise, thus bringing about an increase in the artisanal and gourmet products. The trend of malted plant-based low-sugar globally inspired flavours is on the rise since health-orientated customers want better options that are satisfying without tasting bland. Sustainability is also a lasting trend that influences the world frozen cake and dessert market. Restrained packaging and thermal management and sourcing of various ingredients from responsible suppliers have become the strategies of many frozen dessert manufacturers to attract green customers. Similarly, there is a market expansion for vegan ice cream as well as lactose-free ice cream due to the increasing population of those seeking a vegan diet. As a result, companies have started formulating new products with different coconut-based, almond-based, or other non-dairy products in order to widen their product range. Therefore, the market is transforming owing to the changes in how consumers view and spend on products, combining pleasure, health, and environmental concerns.

Frozen Desserts Market Leading Players

The key players profiled in the report are Kellanova, Froneri International Limited, Nestlé, Bassetts Ice Cream, China Mengniu Dairy Company Limited, Unilever, Blue Bell Creameries, Dippin’ Dots LLC., General Mills Inc., HANDEL'S HOMEMADE ICE CREAM

Growth Accelerators

The growth of the global market for frozen desserts is strongly supported by the need of consumers for easy and enjoyable snack options. Since more and more people start living an ‘on the go’ lifestyle, frozen foods have become more popular as quick and easy to serve and eat treats, with such desserts as ice creams, sorbets, and frozen yoghurts being the most popular. The other factors that augment the growth of the market are the rising trend of indulgence and the availability of more creative and exotic flavours as consumers are ready to pay for high-end and different kinds of desserts. Another significant driver is the current shift in focus towards sensitive dietary needs by consumers. This is evidenced by the introduction of new products in the market, such as frozen desserts that are lower in calories and entirely devoid of dairy products. These products, however, are also designed to capture a wider market by including lactose-free, other-wise restrictive diets, or simply health-conscious individuals. Furthermore, the advent of social media and food culture has also played a big part in influencing people’s consumption behaviour due to the presence of picture-worthy frozen desserts that are designed for sharing. Such a development makes firms embark on constant innovativeness, which in turn fosters rivalry and growth in the concerned market.

Frozen Desserts Market Segmentation analysis

The Global Frozen Desserts is segmented by and Region.
. Geographically, the market is assessed across key Regions like North America(United States.Canada.Mexico), South America(Brazil.Argentina.Chile.Rest of South America), Europe(Germany.France.Italy.United Kingdom.Benelux.Nordics.Rest of Europe), Asia Pacific(China.Japan.India.South Korea.Australia.Southeast Asia.Rest of Asia-Pacific), MEA(Middle East.Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The worldwide market for frozen desserts is intense, and it is steadily becoming more dominated by players who are established and new brands trying to carve out a niche for themselves within the sector. The main contenders in this sector include multinational companies in the food and beverage segments like Unilever, Nestlé, and General Mills, as well as regional and domestic ones. The competition is very high due to cutthroat rivalry, constant product developments, and efforts to offer a wide array of tastes, textures, and healthier alternatives. Given the rise in the popularity of such products as dessert varieties frozen by a freezing machine, the growth of the market will remain high and competitive with many market entrants and competing products aimed at dethroning the market leaders.

Challenges In Frozen Desserts Market

The worldwide market for frozen desserts comes across certain obstacles, most of which are attributed to changing tastes among consumers and the increasing concerns regarding diets. With the increased awareness about health, many people are switching to healthy options; hence, there is less need for the conventional frozen desserts that are high in sugar and fat. This trend compels the manufacturers to make changes to the already existing product by innovating and reformulating it into a low-calorie vegan or dairy-free alternative. Furthermore, the menace brought in by other dessert ranges, e.g., that of fresh fruit, yoghurt, and low-calorie snacks, makes it especially difficult for frozen dessert brands to remain relevant in a market that has managed to evolve. Another challenge that is worthy of note is that which concerns the logistics and supply chain that come along with the distribution of frozen desserts. It is one thing to deliver the product within the promised time and another to deliver it within the promised time with the Danish still frozen, which is important. This is because it is expensive to make every delivery possible to transport, even in places where the social amenities are not well developed. Milk and sweetener raw materials prices are also volatile, thus posing an additional challenge to the production and margins earned from the products.

Risks & Prospects in Frozen Desserts Market

The worldwide marketplace for frozen desserts is full of possibilities owing to changing consumer tastes and the health consciousness of people. There is a change in consumption pattern with convenience and indulgence in desserts, which is prompting the manufacturers to come up with changes and variations of their product lines. This brings the advent of premium frozen desserts, which include gourmet ice creams, healthy plant-based desserts, and low-calorie frozen desserts. Also, the growing market can be attributed to the wider distribution structure available for the product and enhanced internet transactions. With the increase in online sales, such brands will be able to promote their frozen treats more easily and will not be limited to a certain portion of the population. Also, increased use of third-party delivery apps makes it easier for frozen dessert brands to reach existing customers and acquire new ones. Implementation of modern marketing strategies, working with bloggers about food, and limited offers on tastes and healthy dessert sales in the off season helps these companies to improve sales rates and the boldness of their brand in the competitive frozen desserts market.

Key Target Audience

The key target audience for the global frozen desserts market can be any age group that wants to indulge in occasional treats or on-the-go snacks. This includes families, young adults, and especially children who consume foods such as ice cream, strawberries, frozen yoghurts, and the ice. Premium and nutritional frozen dessert offerings also appeal to the younger generation of consumers who prefer healthy and wholesome products that include organic ingredients, low calories, and dairy-free versions. Also, seasonal campaigns and experimental flavours attract the attention of those who would try different foods just for the sake of variety.,, Another audience stems from retailers, foodservice actors, or ice cream shops. Supermarkets, condiment shops, and e-commerce platforms are a few of the frozen dessert distribution channels with the purpose of meeting a consumer’s craving or urge for a particular dessert. In the food services, frozen desserts tend to be added to the menus of most restaurants, cafes, and catering services as an added value to the customers. This section of the audience prefers to buy exotic and trendy food, such as plant-based and artisan food, to serve customers from diverse backgrounds who are always seeking leisure activities.

Merger and acquisition

The freezing desserts went through a number of changes in mergers and acquisitions since... The above trends resemble the strategy of The Urgent Company, which decided to purchase Coolhaus, an ingenious ice cream brand, for improving on its dessert offering. MidOcean Partners, for instance, purchased Casper’s Ice Cream in January 2022 due to the fact that the company was trying to reinforce its holdings in frozen novelty items such as ice cream novelties. This explains the concern in the industry about the need to sustain prABA. Especially with the current health trends, novelty and diversity of flavours are consumer interests that need to be addressed. Alongside the above growth trends, leading companies such as Unilever and Nestlé are also focused on the creation of new products or merging with other companies, especially to enhance their market position. For example, Unilever acquired Yasso in June 2023 in order to expand its ice cream portfolio with Yasso’s light and fit ice cream brand. Besides, the market value is also estimated to increase from USD 138.04 billion in 2023 to USD 203.89 billion in 2031 owing to rising demand for healthy desserts and the widening geographical reach of the distribution channels with online and speciality stores. This clear scenario also indicates that additional consolidation and progress are still in the cards for the frozen desserts sector.