Global Frozen Dessert Market Overview:
Frozen desserts have become one of the most profitmaking categories in the food and beverage industry. Market Research Future (MRFR) recently conducted an extensive investigation of the frozen desserts market on a global level and found out that consumption of frozen dessert has grown exponentially throughout the world in recent years.
Mexico Frozen Desserts Market is integral to the country's culinary heritage and cultural traditions, offering a variety of indulgent treats to consumers of all ages. As a key player in Latin America, Mexico boasts a rich diversity of frozen desserts, including traditional favorites like helado and paletas, as well as modern interpretations such as ice cream sandwiches and frozen yogurt. The market is characterized by innovation and creativity, with manufacturers incorporating local flavors, ingredients, and techniques to create unique and authentic products. Regulatory oversight by agencies such as the Federal Commission for the Protection against Sanitary Risk (COFEPRIS) ensures product safety and compliance with labeling requirements, fostering consumer trust and market integrity in Mexico's frozen desserts market.
The Frozen Dessert Market is expected to register a CAGR of 5.51% to reach USD 195.50 Billion by 2032. Further, increased popularity of frozen desserts in countries such China and India is further providing an impetus to their global sales. While consumption of frozen desserts in advanced economies remains substantial, their demand continues to rise in developing countries. Frozen yogurt, ice-cream, and sherbets being some of the sough-after products continue to witness a strong demand. At the same time, the fast-expanding pool of product with constantly widening collection of flavours and variants appears to be one of the leading trends in the industry.
Food brands are constantly working on expanding their product range by launching new variants of frozen desserts. Many of the players are focusing on introducing of unique flavours with innovative combination of ingredients to draw consumer attention. A modern consumer, especially if he/she is from the millennial population is more approving of new and exotic food flavours. This is encouraging market players to step up their efforts in developing new product and flavour variants. Meanwhile, emphasis is also being placed on aspects such healthiness, use of organic ingredients and low-fat owing to rise number of health-conscious consumers. Factors as such are influencing the off-season sales of frozen desserts as well, leading to greater profit margins for players.
Changing dietary patterns coupled with rising discretionary spending is partly supporting the global market for frozen dessert. In addition, fierce marketing and promotional strategies employed by food brands continue to accelerate market growth. Increasing consumer preference for convenience food and the growing fast- food culture is expected to play an important is shaping the future prospects of the market. During the forecast period (2022-2032), the market is expected to witness a steady compound annual growth rate.
Industry Trends and News:
- US-base dairy firm Hiland Dairy has recently unveiled an eggnog and three new milk flavours, marking the start of spring season. The new verities are made with fresh milk and include flavours such as strawberry crème, spring eggnog, orange crème, and chocolate marshmallow. All the products can be consumed without any processing and can also be relished with homemade ice cream, smoothies or coffee.
- Food giant Unilever is reportedly plotting to launch a number of ice cream products through its Good Humor, Breyers, Popsicle, Klondike and Magnum brands. The new product are likely to debut in the US soon and include new Breyer’s snack pots, a new Popsicle product and two new Magnum Doubles flavours.
Competitive Landscapes:
The competitive market Frozen Dessert Market Companies that are helping in the expansion of the during the forecast period that will be ending in 2032 are as follows: Hiland Dairy, Nestle, Wells Enterprises, Ben & Jerry's, Gilfi, Cool Delight Desserts Ltd, Byrne Dairy, Edys, Unilever, and Blue Bell.
Regional Outlook:
Among regions, Europe and North America collectively account for the largest share of the global frozen dessert market and trend is likely to continue throughout the assessment period. Towards the end of 2027, the market is Asia Pacific is also expected amass an impressive value as consumption of frozen desserts continues to grow in the region. The region is likely to present lucrative growth opportunities for market players over the next couple of years.
Segmentations:
The global Frozen Dessert Industry is Segmented by product type, category, Distribution Channel and Region
By Product Type (Ice Cream, Yogurts, Cakes, Others), Category (Conventional and Sugar-Free), Distribution Channel (Store-Based [Supermarkets & Hypermarkets, Convenience Stores and Others] Non-Store Based) and Region (North America, Europe, Asia-Pacific and Rest of the World) - Forecast till 2032
Related Reports:
Organic Bakery Products Market Research Report Information By Type (Breads & Rolls, Savory Snacks, Cakes & Pastries, Cookies & Biscuits, and Others), By Category (Gluten-Free and Conventional), And By Region (North America, Europe, Asia-Pacific, And the Rest Of The World) – Market Forecast Till 2032
Marktforschungsbericht für Eiscreme: Informationen nach Typ (Riegel, Eimer/Wannen, Schwimmer und andere), Anspruch (laktosefrei, fettarm, kalorienarm und andere), Vertriebskanal (im Geschäft und nicht im Geschäft) und Region - Prognose bis 2032
キャビア市場調査レポート：種類別の情報（セブルガ、オセトラ、ベルーガなど）、流通経路（ホテルとレストラン、旅客機とクルーズ船、小売店など）、および地域（北米、ヨーロッパ、アジア太平洋、その他の地域）。2032年までの予測
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
