Ice creams Frozen Desserts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2031)
The "Ice creams Frozen Desserts Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The Ice creams Frozen Desserts market is expected to grow annually by 13.7% (CAGR 2024 - 2031).
This entire report is of 110 pages.
Ice creams Frozen Desserts Introduction and its Market Analysis
The Ice creams Frozen Desserts market research report highlights the growing demand for indulgent frozen treats, with a focus on premium quality and innovative flavors. The target market includes consumers looking for convenient and satisfying dessert options, with major factors driving revenue growth being changing consumer preferences, increasing disposable incomes, and the rise of online food delivery services. Companies like Unilever, Nestlé, and Lotte Confectionary are leading players in the market, leveraging their strong brand presence and extensive distribution networks. The report emphasizes the importance of product innovation, marketing strategies, and expanding into emerging markets to sustain growth.
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The global ice creams and frozen desserts market is segmented by type into soft ice cream and hard ice cream, with applications in supermarkets and hypermarkets, independent retailers, convenience stores, and online retailers. The market is driven by the increasing demand for indulgent and gourmet ice creams, as well as the rising popularity of frozen yogurt and gelato. However, regulatory and legal factors such as health and safety regulations, ingredient labeling requirements, and environmental regulations can impact market conditions. It is important for companies in the ice creams and frozen desserts market to stay informed and compliant with these regulations in order to ensure the quality and safety of their products. Overall, the market is expected to continue growing due to consumers' love for sweet treats and the constant innovation and introduction of new flavors and products.
Top Featured Companies Dominating the Global Ice creams Frozen Desserts Market
The global ice creams and frozen desserts market is highly competitive, with key players such as Unilever, Nestlé, Lotte Confectionary, Dean Foods, General Mills, Mars, Yili Group, Morinaga, Meiji, Mengniu, Turkey Hill, Blue Bell Creameries, and Amul dominating the industry. These companies offer a wide range of products, including ice creams, frozen novelties, sorbets, and frozen yogurts, catering to various consumer preferences.
Unilever and Nestlé are among the largest players in the market, offering popular brands such as Magnum, Breyers, Häagen-Dazs, and Dreyer's. They focus on product innovation, introducing new flavors and formats to attract consumers. Lotte Confectionary, a leading player in the Asian market, is known for its premium quality ice creams and frozen desserts.
Dean Foods, General Mills, and Mars also have a significant presence in the market, offering a variety of frozen treats under brands like Haagen-Dazs, Häagen-Dazs, and M&M's. Yili Group, a Chinese company, has been expanding its presence in the global market through strategic acquisitions and partnerships.
Morinaga, Meiji, Mengniu, Turkey Hill, Blue Bell Creameries, and Amul are regional players with a strong presence in their respective markets. These companies focus on producing high-quality products using locally sourced ingredients to cater to specific consumer preferences.
These companies play a crucial role in growing the ice creams and frozen desserts market through product innovation, marketing initiatives, and strategic partnerships. They invest in research and development to introduce new flavors and formats that appeal to changing consumer tastes. The sales revenue for some of these companies is as follows: Unilever ($ billion), Nestlé ($76.57 billion), and Amul ($4.03 billion).
- Unilever
- Nestlé
- Lotte Confectionary
- Dean Foods
- General Mills
- Mars
- Yili Group
- Morinaga
- Meiji
- Mengniu
- Turkey Hill
- Blue Bell Creameries
- Amul
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Ice creams Frozen Desserts Market Analysis, by Type:
- Soft Ice Cream
- Hard Ice Cream
Soft ice cream is made with higher air content, giving it a lighter texture. It is typically served at a slightly higher temperature than hard ice cream, making it softer and easier to scoop. Hard ice cream, on the other hand, has a lower air content, resulting in a denser and richer consistency. These two types of ice creams cater to different preferences, attracting a wider range of customers and boosting the overall demand for frozen desserts. The variety in texture and taste offered by soft and hard ice cream appeals to different consumer preferences, contributing to the growth of the ice cream frozen desserts market.
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Ice creams Frozen Desserts Market Analysis, by Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Online Retailers
Ice creams Frozen Desserts are widely sold in supermarkets, hypermarkets, independent retailers, convenience stores, and online retailers. They are convenient treats for consumers looking for a quick and delicious dessert option. Online retailers provide easy access for customers to purchase their favorite frozen desserts. The fastest growing application segment in terms of revenue is online retailers, as consumers increasingly opt for the convenience of ordering food products online. These applications provide a variety of frozen dessert options for consumers to enjoy at home or on the go.
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Ice creams Frozen Desserts Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The ice creams and frozen desserts market is experiencing significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE). Among these regions, Asia-Pacific is expected to dominate the market with a market share percentage valuation of around 40%, followed by North America with approximately 30%, and Europe with 20%. Latin America and Middle East & Africa are also projected to witness strong growth and increase their market share in the coming years.
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