The report throws light on the competitive scenario of the global Frozen Desserts market to know the competition at both the domestic and global levels. It covers all the key aspects such as areas of operation, production, and product portfolio. Additionally, Frozen Desserts market players in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
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Comprehensive Market Report Highlights Value, Segmentation, and Regional Insights for the Frozen Desserts Market
Frozen Desserts Market Value :
Frozen Desserts Market size is expected to reach nearly US$ 129.65 Bn by 2029 with the CAGR of 5% during the forecast period.
Frozen Desserts Market Segmentation
by Product
Confectionary & Candies
Ice Cream
Frozen Yogurt
Others
The global market is divided into four groups based on product. Candy, ice cream, frozen yoghurt, and other confections. Due to the fact that consumers are increasingly requesting ice cream on a wide scale and that all generations favour it, ice cream will hold the highest market share, accounting for 50% of the product segment in 2022. In 2022, the market for ice cream was worth USD 63.0 billion. Because it contains high-quality ingredients and little to no aeration, premium ice cream is especially well-liked by people who are concerned about their health. The region with the largest ice cream market share is predicted to expand at a CAGR of 4.0% over the forecast period. Because of ice cream's flavours, shapes, fat contents, sweetness, and textures, demand for it is rising across the globe.
by Category
Conventional
Sugar-Free
by Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Café & Bakery Shops
Online
The global market is divided into four categories based on distribution channel: supermarkets/hypermarkets, convenience stores, cafés & bakeries, and online. In the global market category, the store-based distribution channel (Supermarkets/Hypermarkets) has the biggest revenue share at 45%. It is anticipated that this market segment would develop at the fastest rate over the course of the projection period due to convenience, the availability of numerous brands at a single location, increased daily grocery item purchases, and the rising demand for desserts in daily meals. However, it is projected that during the forecast period, the online retail segment will develop the fastest.
Market trends for frozen desserts:
New flavours are accelerating market expansion.
Companies are releasing novel, high-end products with good sources of components in order to increase their competitive advantage and consumer base. For instance, one of the newest trends that is expected to catch on in the ice cream market is lactose-free ice cream. The skin, heart, and hair can all benefit from vegan ice cream. In developing nations, ice cream shops are becoming more popular.
Frozen Desserts Market Report Purpose
Global Frozen Desserts Market published by Maximize Market Research is the culmination of thorough primary and secondary research. The qualitative and quantitative data in the Frozen Desserts Market report is expected to assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Maximize Market Research's report on Frozen Desserts Market includes a PESTLE analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the Frozen Desserts market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Frozen Desserts market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Frozen Desserts market is aided by legal factors.
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Frozen Desserts Market Regional Insights
- North America
- Europe
- Asia-Pacific
- The MEA
- Latin America
The study's examination of the Frozen Desserts Market looks at the supply chains of manufacturers, current laws and regulations, supply chains, cost structures, and market share. By examining the pricing of the commodities in the region in proportion to the profit created, the regional markets for the Frozen Desserts Market are explored.
Frozen Desserts Market Key Players
1. Wells enterprise, 2. Amul, 3. Baskin Robbins LLC, 4. ConAgra Foods, 5. Danane, 6. Ferrero Spa, 7. General mills inc, 8. London Dairy Co. ltd, 9. Mother Dairy, 10. Nestle SA, 11. Unilever group, 12. Cielo, 13. Kraft foods group Inc., 14. Bulla Dairy foods, 15. Dairy farmers of America
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation: A detailed analysis Frozen Desserts
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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