What Fueled The Previous Growth In The Ice Cream And Frozen Dessert Market?
The ice cream and frozen dessert market has seen considerable growth due to a variety of factors.
• In the past few years, the ice cream and frozen dessert industry has seen robust growth. The market size is predicted to increase from $106.76 billion in 2024 to $113.85 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%.
Factors promoting growth in the past include consumers' love for sweets, a variety of flavor offerings, well-established brands, seasonal summer demand, and the popularity of desserts.
How Does the Forecast Look for the Ice Cream And Frozen Dessert Market?
The ice cream and frozen dessert market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for robust growth in the ice cream and frozen dessert market over the next several years. Predictions suggest this market will increase to a worth of $147.14 billion by 2029, reflecting a compound annual growth rate (CAGR) of 6.6%.
The anticipated growth throughout this period can be linked to factors such as growing health conscientiousness among consumers, the rise of plant-based and vegan options, emphasis on sustainability and eco-friendly packaging, the increasing role of digital marketing and e-commerce, and the creation of innovative flavor combinations. Key trends projected for this period comprise of artisan and craft desserts, gourmet and upmarket products, protein-infused desserts, ice cream sandwiches and novelty items, and flavors inspired by international and ethnic cuisines.
What Are The Leading Drivers Of Growth In The Ice Cream And Frozen Dessert Market?
As the global populace expands, predicted to hit 10 billion by 2050, the demand for food inherently grows alongside it. As per 'The Agricultural Outlook’ report by the OECD and FAO, the production rate for global cereals is set to rise by 13% in 2027. With this population boom, trade volumes will need to escalate to satisfy the increased demand. Consequently, enterprises operating within this market are poised to profit due to the increased demand for food and beverage items, involving ice cream and frozen desserts, spurred by population growth during the forecast period.
How Are The Segments Defined Within The Global Ice Cream And Frozen Dessert Market?
The ice cream and frozen dessert market covered in this report is segmented –
1) By Type: Ice Cream, Frozen Dessert
2) By Product: Ice-cream, Gelato, Frozen Custard, Frozen Yoghurt, Frozen Novelties, Sorbet and Other Products
3) By Category: Conventional, Sugar- Free
4) By Distribution Channel: Super markets/Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
5) By End User: Personal, Commercial
Subsegments:
1) By Ice Cream: Regular Ice Cream, Premium Ice Cream, Low-Fat Ice Cream, Non-Dairy Ice Cream, Gelato, Sorbet, Frozen Yogurt
2) By Frozen Dessert: Frozen Novelties (Popsicles, Ice Bars), Frozen Cakes And Pies, Frozen Custard, Non-Dairy Frozen Desserts, Sherbet, Plant-Based Frozen Desserts
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What New Trends Are Influencing The Ice Cream And Frozen Dessert Market?
The growing preference for clean-label items is attributed to a dramatic increase in public knowledge about healthy nutrition. These clean-label dairy goods are devoid of additives, artificial taste boosters, colorants, or synthetic preservatives. Numerous foodservice providers and retail grocery chains are also specifying lists of ingredients that must not exist in the food products they offer. Siggi’s Dairy, a yogurt brand based in the United States, has introduced clean-label yogurt pouches for kids, for example.
Who Are the Key Players In The Ice Cream And Frozen Dessert Market?
Major companies operating in the ice cream and frozen dessert market include:
• Nestle S.A.
• Unilever plc
• Danone S.A.
• Groupe Lactalis S.A.
• Frieslandcampina
• General Mills
• Olam International
• Agropur cooperative
• Land O'Lakes Inc.
• Meiji Holdings Co Ltd
• Aavin
• Abbott's Frozen Custard
• Algida
• Ample Hills Creamery Inc.
• Amul
• Arun Icecreams
• Australian Homemade
• Bambino Ice Cream
• Baskin-Robbins Homemade Holdings Inc.
• Ben & Jerry's Homemade Holdings Inc.
• Berthillon
• Blue Bell Creameries
• Blue Bunny (Wells enterprises Inc.)
• Bonnie Doon Ice Cream
• Braum's Ice cream & Diary
• Bresler's Ice Cream
• Breyers
• Calippo
• Cold Stone Creamery Inc.
• Coolhaus
• International Dairy Queen Inc.
• Del's
• Dole Whip
• Elsie Stix- Borden Diary
• Fab Ice Creams
• Jel Sert Company
• Freaky Ice
• Froster
• Golden Spoon Creamery.
What Is The Most Dominant Region In The Ice Cream And Frozen Dessert Market?
Western Europe was the largest region in the ice cream and frozen dessert market in 2023. Asia-Pacific was the second largest region of the ice cream and frozen dessert market. The regions covered in the ice cream and frozen dessert market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
