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 Overview:
Maximize Market Research’s new report, Global Frozen Desserts Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The study offers a market overview that describes the value chain’s structure, as well as the market’s size, applications, and forecast for the years (2021–2027). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Frozen Desserts market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Frozen Desserts market growth, consumption volume, market trends, and company pricing structures throughout the projected period. In-depth research is used in the analysis to examine the market’s complexity. The research provides an overview of the worldwide Frozen Desserts market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. Based on productivity and manufacturing base, this market has been investigated in a number of different ways.
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.
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Key Players:
It then discusses the top competitors in the worldwide Frozen Desserts market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. The research also evaluates raw material sources, import-export, the value chain, price structure, and the industrial supply chain in addition to capacity utilisation. The following participants are highlighted in this study:
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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Regional Analysis:
The report has analyzed the global Frozen Desserts market in the following regions:
- North America (Mexico, Canada, and the United States)
Germany, France, the United Kingdom, Russia, Italy, and the rest of Europe make up the European Union.
Asia-Pacific region (including Australia, China, Japan, Korea, Southeast Asia, and Japan)
Latin America (Brazil, Argentina, Colombia, and the remaining countries in South America) - Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East Africa)
The study offers in-depth perceptions into a wide range of development prospects and obstacles in the aforementioned regions based on various items, applications, end users, and nations, among other factors. The research also includes key features of the worldwide Frozen Desserts market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Frozen Desserts Market:
Practically every industry has been hit by the unprecedented global public health disaster known as COVID-19, and the long-term effects are anticipated to have an impact on industry growth for the duration of the forecast period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The updated research includes new information, analysis, projections, and predictions based on COVID-19’s impact on the market.
The Frozen Desserts Market Report provides key answers to the following questions:
- Which are the major companies in the Frozen Desserts market?
- Which is the potential market for Frozen Desserts in terms of the region?
- Which application area of Frozen Desserts is expected to grow at a significant rate in the market in the next 5 years?
- What are the opportunities for new market entrants?
- What will be the Frozen Desserts market size by 2027?
- What are the market’s chances of growth?
- What is the base year considered in the Frozen Desserts market report?
- Which region dominates the Frozen Desserts market in terms of market share?
- What factors are anticipated to drive the Frozen Desserts market?