Global Ice Cream And Frozen Dessert Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
9 Feb, 2021
The ice cream and frozen dessert market consists of sales of ice cream and frozen dessert by entities (organizations, sole traders and partnerships) that produce ice cream, frozen ices, frozen yogurts, sherbets and other frozen desserts (except bakery products). The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. The ice cream and frozen dessert market is segmented into ice cream and frozen dessert.
Global Ice Cream And Frozen Dessert Market Size And Drivers:
The global ice cream and frozen dessert market is expected to grow from $88.6 billion in 2020 to $95.36 billion in 2021 at a compound annual growth rate (CAGR) of 7.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $124.75 billion in 2025 at a CAGR of 7%.
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Trends In The Global Ice Cream And Frozen Dessert Market
The demand for clean label products is increasing rapidly owing to significant rise in awareness of healthy eating. Clean label dairy products do not contain additives, artificial flavor enhancers, dyes, or artificial preservatives. Also, many food service and retail grocery store chains are stating lists of ingredients that cannot be present in food items in their stores or restaurants.
Global Ice Cream And Frozen Dessert Market Segments:
The global ice cream and frozen dessert market is further segmented based on type, distribution channel and geography.
By Type: Ice Cream, Frozen Dessert.
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others.
Subsegments Covered: Gelato, Frozen Novelties, Frozen Yogurt, Other Frozen Dessert.
By Geography: The global ice cream and frozen dessert market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global ice cream and frozen dessert market, accounting for 40% of the total market.
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Ice Cream And Frozen Dessert Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides ice cream and frozen dessert market overviews, analyzes and forecasts market size and growth for the global ice cream and frozen dessert market, ice cream and frozen dessert market share, ice cream and frozen dessert market players, ice cream and frozen dessert market segments and geographies, ice cream and frozen dessert market’s leading competitors’ revenues, profiles and market shares. The ice cream and frozen dessert market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.