Frozen Desserts Market by Product, Distribution Channel

List of Tables

The Frozen Desserts Market was valued at USD 86.16 billion in 2023, expected to reach USD 91.56 billion in 2024, and is projected to grow at a CAGR of 6.68%, to USD 135.55 billion by 2030.

The frozen desserts market encompasses a wide array of products, including ice cream, frozen yogurt, sherbets, sorbets, and novelty desserts. This market is driven by a mix of consumer preferences, seasonal demands, and innovations in flavors and ingredients. The necessity for frozen desserts mainly stems from their role as indulgent treats and comfort foods. They find application in a variety of settings - from household consumption to events and restaurant offerings, primarily targeting diverse consumer age groups. The market caters to a broad end-user scope, including individuals, food service providers, and hospitality chains.

KEY MARKET STATISTICS
Base Year [2023]	USD 86.16 billion
Estimated Year [2024]	USD 91.56 billion
Forecast Year [2030]	USD 135.55 billion
CAGR (%)	6.68%

Key growth factors influencing this market include a rising demand for premium, artisanal, and health-oriented frozen desserts. The increasing awareness and pursuit of healthier lifestyles have spurred innovation in sugar-free, low-calorie, and plant-based dessert options. Furthermore, advances in food processing and preservation techniques allow for improved product offerings with enhanced texture and flavor stability. Opportunities exist particularly in the development of innovative, organic, and allergen-free products to cater to niche markets with dietary restrictions. Businesses can capture these opportunities by investing in consumer-driven R&D and leveraging digital channels for personalized marketing strategies.

Challenging market growth are factors like fluctuating raw material costs, intense competition, and regulatory constraints related to food safety and labeling. Moreover, the seasonality of frozen desserts often results in demand volatility. For business growth, innovation and research areas could focus on developing sustainable packaging solutions and enhancing supply chain efficiency to reduce operational costs. Insights into consumer behavior through data analytics can aid in personalizing products and refining target marketing strategies. The market nature is dynamic with a robust potential for growth, provided businesses adapt to changing consumer preferences and mitigate limitations through strategic adaptability and technological advancements.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Frozen Desserts Market

The Frozen Desserts 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
- Increasing purchasing power of consumers, change in lifestyle, and food habits
- Upsurge in demand for low-sugar and low-calorie desserts
- Ongoing increasing demand for ready-to-eat frozen desserts coupled with expanding E-commerce sector
Market Restraints
- Rising consumer awareness about artificial sweeteners used in frozen desserts
Market Opportunities
- Technological advancements in the cold chain offering operational excellence in the bakery industry
- Ongoing advancements in sustainable packaging
Market Challenges
- Limited cold chain infrastructure in developing economies

Porter's Five Forces: A Strategic Tool for Navigating the Frozen Desserts Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Frozen Desserts 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 Frozen Desserts Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Frozen Desserts 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 Frozen Desserts Market

A detailed market share analysis in the Frozen Desserts 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 Frozen Desserts Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Frozen Desserts 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 Frozen Desserts Market

A strategic analysis of the Frozen Desserts 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 Frozen Desserts Market, highlighting leading vendors and their innovative profiles. These include Am. D.Q. Corp., Archer-Daniels-Midland Company, Arla Foods Group, Barentz International B.V., Blue Bell Creameries, Bulla Dairy Foods, Conagra Brands, Inc., Dairy Farmers of America Inc., Daiya Foods Inc. by Otsuka Pharmaceutical Co., Ltd., Danone S.A., Ferrero International S.A., Fonterra Co-operative Group Limited, Froneri International Limited, General Mills, Inc., Inspire Brands LLC, Kellanova, Meiji Holdings Company, Ltd., Mondelez International, Inc., MTY Food Group Inc., Nestle S.A., The Hain Celestial Group, Inc., Tofutti Brands Inc., Tyson Foods, Inc., Unilever PLC, and Yili Group.

Market Segmentation & Coverage

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

Based on Product, market is studied across Cakes & Pastries, Confectionery & Candies, Custards & Pudding, Doughnuts & Pies, Frozen Yogurt, Ice Creams, and Sorbet & Sherbet.
Based on Distribution Channel, market is studied across Offline and Online.
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-6B0EA0797467

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. Increasing purchasing power of consumers, change in lifestyle, and food habits
  - 5.1.1.2. Upsurge in demand for low-sugar and low-calorie desserts
  - 5.1.1.3. Ongoing increasing demand for ready-to-eat frozen desserts coupled with expanding E-commerce sector
- 5.1.2. Restraints
  - 5.1.2.1. Rising consumer awareness about artificial sweeteners used in frozen desserts
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in the cold chain offering operational excellence in the bakery industry
  - 5.1.3.2. Ongoing advancements in sustainable packaging
- 5.1.4. Challenges
  - 5.1.4.1. Limited cold chain infrastructure in developing economies
5.2. Market Segmentation Analysis
- 5.2.1. Product: Surge in popularity of frozen yogurt due to its additional probiotic benefits
- 5.2.2. Distribution Channel: Growing significance of offline distribution channel due to accessibility the quality of frozen desserts
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. Frozen Desserts Market, by Product

6.1. Introduction
6.2. Cakes & Pastries
6.3. Confectionery & Candies
6.4. Custards & Pudding
6.5. Doughnuts & Pies
6.6. Frozen Yogurt
6.7. Ice Creams
6.8. Sorbet & Sherbet

7. Frozen Desserts Market, by Distribution Channel

7.1. Introduction
7.2. Offline
7.3. Online

8. Americas Frozen Desserts Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Frozen Desserts Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Frozen Desserts Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. Breyers Partners With Perfect Day for Eco-Friendly Lactose-Free Chocolate Ice Cream
- 11.3.2. Oatly and Carvel Unite to Introduce Dairy-Free Frozen Desserts Nationwide
- 11.3.3. Kulfilicious Expands in Bangalore, Celebrates New Jayanagar Outlet with Star-Studded Inauguration and Exotic Flavors
11.4. Strategy Analysis & Recommendation

Companies Mentioned

1. Am. D.Q. Corp.
2. Archer-Daniels-Midland Company
3. Arla Foods Group
4. Barentz International B.V.
5. Blue Bell Creameries
6. Bulla Dairy Foods
7. Conagra Brands, Inc.
8. Dairy Farmers of America Inc.
9. Daiya Foods Inc. by Otsuka Pharmaceutical Co., Ltd.
10. Danone S.A.
11. Ferrero International S.A.
12. Fonterra Co-operative Group Limited
13. Froneri International Limited
14. General Mills, Inc.
15. Inspire Brands LLC
16. Kellanova
17. Meiji Holdings Company, Ltd.
18. Mondelez International, Inc.
19. MTY Food Group Inc.
20. Nestle S.A.
21. The Hain Celestial Group, Inc.
22. Tofutti Brands Inc.
23. Tyson Foods, Inc.
24. Unilever PLC
25. Yili Group