CLEVELAND, June 30, 2021 / PRNewswire / – U.S. demand for ice cream and frozen desserts is expected to decline 2.3% per year in volume through 2025, according to Ice creams and frozen desserts: United States, a report recently published by Freedonia Focus Reports. In terms of value, demand is expected to fall by 2.4% per year. The losses will come from consumers’ continued abandonment of sugary and fatty foods and the growing preference for premium ice cream, which is sold in small quantities. In addition, the COVID-19 pandemic has caused consumers to go to grocery stores to buy ice cream and stock up on comfort food, increasing total consumption in 2020. In 2021, demand in volume is expected to drop 5% from the 2020 peak, as increased immunizations help consumer behavior start to return to normal.
US demand for reduced-fat, fat-free ice cream is expected to fall by less than 1.0% per year through 2025, the best performance among the discrete segments. The losses will come from the current trend towards higher end, lower volume products. However, the decline will be slower than the general trend for ice cream and frozen desserts, as consumers continue to avoid sugary and high-fat foods.
This and other key information is presented in Ice creams and frozen desserts: United States. This report forecasts the US demand for ice cream and frozen desserts in billions of pounds and nominal US dollars at the manufacturer level through 2021 and 2025. Total nominal US dollar shipments at the manufacturer level are also forecast through 2025. Total demand for pounds is segmented by product in terms of:
- ordinary ice cream
- low fat ice cream
- water and juice ice cream
- frozen yogurt
- other frozen dairy products such as custard, frozen pet treats, ice cream and pudding novelties
To illustrate historical trends, total demand in pounds and dollars, total shipments in dollars, various segments in pounds, and trade in dollars are provided in annual series from 2010 to 2020.
Non-dairy frozen desserts such as cakes and pies are excluded from the scope of this report. Data for ice cream in pounds, provided by the USDA, does not include non-dairy ice cream. Data in dollars includes all types of ice cream, including non-dairy products. Additionally, dollar data excludes soft serve ice cream made in ice cream stores. Re-exports of ice cream and frozen desserts are excluded from demand and trade figures.
More information on the report is available at:
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new and updated Freedonia Focus reports providing fresh and unbiased analysis across a wide variety of markets and industries. Published in 20 to 30 pages, the Focus report covers raw materials, finished manufactured goods and related services such as freight and construction. Additional reports on consumer goods can be purchased from Freedonia Focus Reports or MarketResearch.com.
The analysis aims to guide the busy reader through relevant topics in rapid succession, including:
- total historical market size and industrial production
- segmentation by products and markets
- identification of market drivers, constraints and key indicators
- segment by segment outlook in the five-year forecast
- a supply base survey
- suggested resources for further study
SOURCE The Freedonia Group