Dessert Grocery Market by Product, Source, Distribution Channel, Application, End-Use

List of Tables

The Dessert Grocery Market was valued at USD 23.72 billion in 2023, expected to reach USD 25.07 billion in 2024, and is projected to grow at a CAGR of 5.97%, to USD 35.61 billion by 2030.

The dessert grocery market encompasses products such as cakes, ice creams, pastries, chocolates, and puddings. This wide-ranging category includes ready-to-eat and mix-if-you-dare options, reflecting diverse consumer demands and dietary preferences. The necessity of the dessert grocery sector is intrinsic due to consumers' growing inclination toward comfort foods and indulgence in treats that provide a sensory and emotional escape. Applications span across households and the food service industry, offering easy preparation and consumption. The end-use scope is broad, feeding into supermarkets, retail chains, specialty stores, and online platforms. As health awareness rises, there are influencing factors such as consumers seeking healthier alternatives like low-sugar, plant-based, or gluten-free options. An increase in disposable income and urbanization boosts gourmet dessert consumption, while technological advancements in food processing and distribution expand market potential. However, some latest opportunities to capitalize on include premiumization and personalization, allowing brands to leverage high-quality ingredients and custom solutions, particularly by using data analytics to target niche markets. Challenges come from supply chain disruptions, rising raw material costs, and stringent regulatory frameworks concerning food standards and nutritional labeling. The market's growth might also be hindered by a hesitant shift for some consumers from traditional to digital buying experiences. Innovation should focus on sustainable packaging, eco-friendly production methods, and development of new flavors using local and ethical sourcing. Insights show that aesthetic-driven purchases through social media platforms, particularly Instagram, highlight visually appealing and innovative products as essential. Thus, businesses can focus on limited edition releases and collaborations to keep consumer interest piqued. The dessert grocery market is a dynamic and evolving space where constant innovation, consumer-driven product development, and adapting to global sustainability trends offer insightful pathways for achieving long-term business growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 23.72 billion
Estimated Year [2024]	USD 25.07 billion
Forecast Year [2030]	USD 35.61 billion
CAGR (%)	5.97%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Dessert Grocery Market

The Dessert Grocery Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Demand for traditional, low trans-fat, and gluten-free products bakery ingredients
- Increased preference for clean-label dessert ingredients
Market Restraints
- Stringent regulations and international quality standards for dessert ingredients
Market Opportunities
- Growing introduction of frozen dessert grocery ingredients
- Advancements in materials and processing of dessert grocery products
Market Challenges
- Adulteration and quality issues of dessert ingredients

Porter's Five Forces: A Strategic Tool for Navigating the Dessert Grocery Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Dessert Grocery Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Dessert Grocery Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Dessert Grocery Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Dessert Grocery Market

A detailed market share analysis in the Dessert Grocery Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Dessert Grocery Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Dessert Grocery Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Dessert Grocery Market

A strategic analysis of the Dessert Grocery Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Dessert Grocery Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Ajanta Food Products Company, Allied Blending L.P., Archer-Daniels-Midland Company, Associated British Foods PLC, Bergin Fruit and Nut Company, Berrifine A/S, Bob's Red Mill Natural Foods, Inc., Church & Dwight Co., Inc., Corbion NV, Dawn Food Products, Inc., dr August Oetker Nahrungsmittel KG, General Mills Inc., Ghirardelli Chocolate Company, Glanbia PLC, Guittard Chocolate Company, Kerry Group PLC, King Arthur Baking Company, Inc., Koninklijke DSM N.V., Lallemand Inc., Lesaffre, McCormick & Company, Inc., Nestle S.A., Nielsen-Massey Vanillas, Inc., Pinnacle Foods Co. by Conagra Brands, Inc., Puratos NV/SA, Sorich Organics, The Hershey Company, The J.M. Smucker Company, The Kraft Heinz Company, and Unilever PLC.

Market Segmentation & Coverage

This research report categorizes the Dessert Grocery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Product, market is studied across Bakery Ingredients, Dairy Ingredients, Fresh and Dried Fruits & Ingredients, Pulps & Purees, and Sweeteners, Colors & Flavors. The Bakery Ingredients is further studied across Baking Mixes & Flour, Baking Soda, Leavening Agents, and Oils & Fats.
Based on Source, market is studied across Conventional and Organic Certified.
Based on Distribution Channel, market is studied across Offline and Online. The Offline is further studied across Convenience Stores and Supermarkets/Hypermarkets.
Based on Application, market is studied across Cakes, Pastries, & Puddings, Candies, Jellies, & Custards, Cookies & Biscuits, Cupcakes & Muffins, Dessert Drinks, and Ice Cream, Moose, & Fuze.
Based on End-Use, market is studied across Commercial and Personal. The Commercial is further studied across Bakeries and Restaurants & Cafes.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-18676D63662A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Demand for traditional, low trans-fat, and gluten-free products bakery ingredients
  - 5.1.1.2. Increased preference for clean-label dessert ingredients
- 5.1.2. Restraints
  - 5.1.2.1. Stringent regulations and international quality standards for dessert ingredients
- 5.1.3. Opportunities
  - 5.1.3.1. Growing introduction of frozen dessert grocery ingredients
  - 5.1.3.2. Advancements in materials and processing of dessert grocery products
- 5.1.4. Challenges
  - 5.1.4.1. Adulteration and quality issues of dessert ingredients
5.2. Market Segmentation Analysis
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. Dessert Grocery Market, by Product

6.1. Introduction
6.2. Bakery Ingredients
- 6.2.1. Baking Mixes & Flour
- 6.2.2. Baking Soda
- 6.2.3. Leavening Agents
- 6.2.4. Oils & Fats
6.3. Dairy Ingredients
6.4. Fresh and Dried Fruits & Ingredients
6.5. Pulps & Purees
6.6. Sweeteners, Colors & Flavors

7. Dessert Grocery Market, by Source

7.1. Introduction
7.2. Conventional
7.3. Organic Certified

8. Dessert Grocery Market, by Distribution Channel

8.1. Introduction
8.2. Offline
- 8.2.1. Convenience Stores
- 8.2.2. Supermarkets/Hypermarkets
8.3. Online

9. Dessert Grocery Market, by Application

9.1. Introduction
9.2. Cakes, Pastries, & Puddings
9.3. Candies, Jellies, & Custards
9.4. Cookies & Biscuits
9.5. Cupcakes & Muffins
9.6. Dessert Drinks
9.7. Ice Cream, Moose, & Fuze

10. Dessert Grocery Market, by End-Use

10.1. Introduction
10.2. Commercial
- 10.2.1. Bakeries
- 10.2.2. Restaurants & Cafes
10.3. Personal

11. Americas Dessert Grocery Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Dessert Grocery Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Dessert Grocery Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Nestle Professional launches new dessert Mixes
- 14.3.2. Meron Group Launches New Dessert Premixes For HoReCA
- 14.3.3. Halo Top Enters the Baking Aisle for the First Time with New Feel-Good Sweets
- 14.3.4. Kerry poised to sell Sweet Ingredients portfolio to Advent International's IRCA
14.4. Strategy Analysis & Recommendation

Companies Mentioned

1. AGRANA Beteiligungs-AG
2. Ajanta Food Products Company
3. Allied Blending L.P.
4. Archer-Daniels-Midland Company
5. Associated British Foods PLC
6. Bergin Fruit and Nut Company
7. Berrifine A/S
8. Bob's Red Mill Natural Foods, Inc.
9. Church & Dwight Co., Inc.
10. Corbion NV
11. Dawn Food Products, Inc.
12. dr August Oetker Nahrungsmittel KG
13. General Mills Inc.
14. Ghirardelli Chocolate Company
15. Glanbia PLC
16. Guittard Chocolate Company
17. Kerry Group PLC
18. King Arthur Baking Company, Inc.
19. Koninklijke DSM N.V.
20. Lallemand Inc.
21. Lesaffre
22. McCormick & Company, Inc.
23. Nestle S.A.
24. Nielsen-Massey Vanillas, Inc.
25. Pinnacle Foods Co. by Conagra Brands, Inc.
26. Puratos NV/SA
27. Sorich Organics
28. The Hershey Company
29. The J.M. Smucker Company
30. The Kraft Heinz Company
31. Unilever PLC