DUBLIN – (COMMERCIAL THREAD) – The report “North America Frozen Dessert Market – Growth, Trends and Forecast (2020-2025)” has been added to ResearchAndMarkets.com offer.
The North American frozen desserts market is expected to grow at a CAGR of 3.8% during the forecast period 2020-2025.
Ice cream has emerged as the main category of products. Factors affecting growth are flavor and fat content as well as smoothness and texture.
Lactose-free frozen ice cream is one of the emerging trends that are expected to gain traction in the ice cream market in the years to come. The market is driven by increasing rates of food allergies and intolerances.
Unilever, General Mills, NestlÃ©, Fonterra Co-operative Group and many other companies have launched new frozen desserts. For example, Oreo recently launched ice cream sandwiches with peanut butter, while NestlÃ© launched Hostess Ding Dings Frozen Treat. Such innovations will help improve overall market sales and support growth.
Key market trends
Growing demand for gelato
In today’s fast-paced world, gelato has proven to be an adequate meal replacement due to its many health properties. According to the International Dairy Foods Association, more than US $ 39 billion is contributed to the United States economy through the sale and production of ice cream and related frozen desserts, such as ice cream.
The high amounts of protein in ice cream has made ice a desirable food for athletes, especially those on strict regiments, as it allows for healthy indulgence without dieting. In addition, the increase in ice cream consumption is one of the driving factors in the North American frozen dessert market. Due to consumer demand for new and innovative flavors, there has been an increase in preferences for ice cream in the recent past.
The United States has the largest market share
Several companies in the United States are investing heavily in improving the shelf life and storage facilities of these products, which in turn is expected to positively influence growth over the forecast period. With the increasing demand for frozen snacks among the millennial population, the US frozen dessert market is expected to experience significant growth. Refrigerated snacks, such as yogurt, ice cream and pudding, have seen an increase in consumption in recent years.
There is a significant shift in consumer preferences, especially among high income consumers. Manufacturers with in-depth consumer knowledge, top-notch product development capabilities and skills can attract more consumers through innovative product portfolios, which in turn drives the studied market in the country.
The North American frozen dessert market is a very competitive market with regional and international competitors. The market is dominated by players like Unilever, NestlÃ©, General Mills and Dairy Farmers of America. The major players in the frozen desserts market enjoy a dominant presence in the world. These players are focusing on the leverage opportunities offered by emerging markets to expand their product portfolio, to be able to meet the requirements of various product segments, especially ice cream.
Key topics covered
1.1 Study deliverables
1.2 Study hypotheses
1.3 Scope of the study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market drivers
4.2 Market constraints
4.3 Porter’s five forces analysis
5 MARKET SEGMENTATION
5.1 By product type
5.1.1 Frozen yogurt
5.1.2 Ice cream
184.108.40.206 Artisanal ice cream
220.127.116.11 Ice cream made from dairy products
18.104.22.168 Water-based ice cream
5.1.3 Frozen cakes
5.2 By distribution channel
5.2.1 Supermarkets / Hypermarkets
5.2.2 Convenience Stores
5.2.3 Specialized stores
5.2.4 Online retailer
5.3 By geography
5.3.1 United States
5.3.4 Rest of North America
6 COMPETITIVE LANDSCAPE
6.1 Most active companies
6.2 Most adopted strategies
6.3 Market share analysis
6.4 Company profiles
6.4.1 General Mills, Inc.
6.4.2 NestlÃ© SA
6.4.3 Chobani SARL
6.4.4 Dairy Farmers of America
6.4.5 Dunkin ‘Brands Group, Inc.
6.4.7 Blue Bell Creameries LP
6.4.8 Fonterra cooperative group
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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