U.S. Frozen Dessert Market Size, Share, Growth Analysis, By Product(Cakes & Pastries, Confectionery & Candies), By Distribution Channels(Food Services and Retail) - Industry Forecast 2024-2031

US Frozen Dessert Market size was valued at USD 32.37 Billion in 2022 and is poised to grow from USD 33.86 Billion in 2023 to USD 48.52 Billion by 2031, at a CAGR of 4.6% during the forecast period (2024-2031).

The growing number of health-conscious consumers seeking a low-sugar, low-carb diet with nutritional benefits will be beneficial for market growth. In response to the trend, producers are now releasing protein-rich frozen delights with a host of health benefits. For example, in June 2021 Pro Rich Nutrition LLC, a California-based health and dietetic food merchant, unveiled Pro Rich, a dairy-based frozen treat. It comes in five flavors-JoJo's Original, Rocket Launch, Chocolate Chunk, Mint Madness, and Strawberry Sundae-and is enriched with 10-11 grams of protein, 26 vitamins and minerals, amino acids, and organic prebiotic fiber. It has no gluten, no genetically modified ingredients, and no artificial flavors, colors, sweeteners, or preservatives. It is anticipated that consumers would be interested in the creative seasonal and limited edition frozen dessert options that numerous large U.S. companies and brands are introducing in collaboration with regional small enterprises. For example, in July 2021, Kraft Macaroni & Cheese and Brooklyn-based Van Leeuwen Ice Cream Company worked together to create a limited-edition ice cream. Together, these businesses produced Kraft Macaroni & Cheese, a summertime favorite purported to be devoid of artificial flavors and preservatives. Van Leeuwen scoop shops and internet retailers would carry Kraft Macaroni & Cheese ice cream.

Top-down and bottom-up approaches were used to estimate and validate the size of the US Frozen Dessert Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

US Frozen Dessert Market Segmental Analysis

U.S. Frozen Dessert Market is segmented on the basis of Product and Distribution Channel. By Product, the market is segmented into Cakes & Pastries, Confectionery & Candies, Doughnuts & Pies, Custards & Pudding, Ice Creams, Frozen Yogurt, Tofu, Sweet Treats, Sherbet, Frozen Novelties. By Distribution Channels, market is segmented into Retail and Food Services.

Drivers of the US Frozen Dessert Market

More and more, consumers are searching for frozen desserts that are natural, free of harmful additives, and healthier. As a result, several new frozen dessert products, including dairy-free and vegan ice creams, have been created to satisfy these tastes.

Restraints in the US Frozen Dessert Market

Yogurt, smoothies, and fruit-based desserts are just a few of the many options available to consumers for dessert. These options are sometimes promoted as healthier substitutes for conventional frozen desserts. Recent years have seen a rise in the popularity of these substitute items as customer preferences have shifted in favor of healthier options. Traditional frozen dessert sales have suffered as a result, and some market segments' potential for expansion has been curtailed.

Market Trends of the US Frozen Dessert Market

In today's fast-paced environment, gelato has become a dependable lunch replacement due to its numerous health benefits. The US economy receives more than USD 39 billion from the production and sale of ice cream and associated frozen delights like gelato, according to the International Dairy Foods Association. Due to its high protein content, gelato has become a favorite snack for athletes, particularly those on a strict diet, as it provides for a healthy treat without going overboard. An increase in gelato consumption is also propelling the frozen dessert sector in North America. Recent years have seen a rise in gelato popularity as a result of customer demand for inventive and novel flavors.