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DUBLIN–(BUSINESS WIRE)–The “Global Frozen Desserts Market – Growth, Trends and Forecast (2020-2025)” report has been added to from ResearchAndMarkets.com offer.

The global frozen dessert market is expected to grow at a CAGR of 5.5% during the forecast period.

The market is driven by rising disposable incomes, introduction of new flavors, increase in impulse purchases, and huge demand for frozen dessert products among consumers worldwide.

Ice cream has become the main product category. Factors affecting growth are flavor and fat content as well as sweetness and texture. Lactose-free frozen ice cream is one of the emerging trends that is expected to gain traction in the ice cream market in the coming years. The market is driven by increasing rates of food allergies and intolerances.

Companies cited

  • GeneralMills, Inc.

  • Unilever

  • Nestlé SA

  • Fonterra Co-operative Group Limited

  • Dunkin’ Brands Group, Inc.

  • Meiji Holdings Co.Ltd

  • Inner Mongolia Yili Industrial Group Co. Ltd

  • Bulla dairy products

  • Dairy Farmers of America

Main market trends

Rise in demand for ice cream made from low-fat dairy products

The shift in consumer preference from traditional dairy-based ice cream to premium brands is paving the way for international companies to launch their brands in the global frozen dessert market. In the Indian market, Unilever is one of the major market players in the ice cream and frozen dessert category, with its brands such as Kwality Walls, Magnum and Cornetto catering to consumers in different price ranges. The sale of ice cream has increased in China as consumers in the country regard ice cream as a snack and is one of the main reasons for the growing consumption of this product. Flavors such as Darjeeling tea, yuzu, matcha, corn, black sesame, barbecue sauce, pickled plum, goat cheese, and mocha ice cream have hit the market creating a base for innovative flavors, especially in the soft serve format.

Asia-Pacific dominates the global market

The growing demand for frozen desserts has led to a significant growth in the total number of ice cream and frozen dessert retail stores in China. The frozen dessert is expected to be a big hit in the Chinese market, as the growing demand for healthy low-fat foods will likely encourage people to spend more on these products. The growth of specialty brands, such as Yili Chocliz, Mengniu Ice, Cornetto, Magnum and others, has been a key factor in the growth of the frozen dessert market in China.

These brands are responding to increasing consumer health awareness, with the launch of mini sticks and other products. These products are available in many flavors and in attractive new packaging that features images of popular singers. Rising income level of consumers, drastic development of manufacturing capacity, trend of premiumization in the country and increasing adoption of high-end products by consumers are expected to meet growing demand for frozen desserts in China. .

Main topics covered:

1. INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Drivers

4.2 Market Constraints

4.3 Analysis of the five forces of carriers

5 MARKET SEGMENTATION

5.1 By type

5.1.1 Frozen yogurt

5.1.2 Ice cream

5.1.3 Frozen cakes

5.1.4 Others

5.2 By distribution channel

5.2.1 Supermarkets/Hypermarkets

5.2.2 Troubleshooters

5.2.3 Specialized stores

5.2.4 Others

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia-Pacific

5.3.4 South America

5.3.5 Middle East and Africa

6 COMPETITIVE LANDSCAPE

6.1 Most active companies

6.2 Main strategies adopted

6.3 Market Share Analysis

6.4 Company Profiles

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information on this report, visit https://www.researchandmarkets.com/r/i54d70