Global Ice Cream And Frozen Dessert Market 2024 - By Size, Drivers, Trends, Competitors

Global ice cream and frozen dessert market size is expected to reach $140.27 Bn by 2028 at a rate of 6.5 % segmented as ice cream, frozen dessert

Sep 18, 2024 - 16:27

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Global Ice Cream And Frozen Dessert Market 2024 - By Size, Drivers, Trends, Competitors

The ice cream and frozen dessert global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Ice Cream And Frozen Dessert Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size -

The ice cream and frozen dessert market size has grown strongly in recent years. It will grow from $101.83 billion in 2023 to $108.96 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to consumer sweet tooth, diverse flavor options, established brands, summer seasonality, dessert culture.

The ice cream and frozen dessert market size is expected to see strong growth in the next few years. It will grow to $140.27 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to health-conscious consumer preferences, plant-based and vegan offerings, sustainability and eco-friendly packaging, digital marketing and e-commerce, innovative flavor combinations. Major trends in the forecast period include artisan and craft desserts, gourmet and premium offerings, protein-enriched desserts, ice cream sandwiches and novelties, international and ethnic flavors.

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Scope Of Ice Cream And Frozen Dessert Market

The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Ice Cream And Frozen Dessert Market Overview

Market Drivers -

The world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to ‘The Agricultural Outlook’ by the OECD and FAO, global cereal production is projected to increase by 13% by 2027. Trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products, including ice cream and frozen desserts, due to the rising population during the forecast period.

The ice cream and frozen dessert market covered in this report is segmented –

1) By Type: Ice Cream, Frozen Dessert

2) By Product: Ice-cream, Gelato, Frozen Custard, Frozen Yoghurt, Frozen Novelties, Sorbet and Other Products

3) By Category: Conventional, Sugar- Free

4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels

5) By End User: Personal , Commercial

Subsegments Covered: Gelato, Frozen Novelties, Frozen Yogurt, Other Frozen Dessert

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Regional Insights -

Western Europe was the largest region in the ice cream and frozen dessert market in 2023. Asia-Pacific was the second largest region of the ice cream and frozen dessert market. The regions covered in the ice cream and frozen dessert market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies -

Major companies operating in the ice cream and frozen dessert market include Nestle S.A., Unilever plc, Danone S.A., Groupe Lactalis S.A., Frieslandcampina, General Mills, Olam International, Agropur cooperative, Land O'Lakes Inc., Meiji Holdings Co Ltd, Aavin, Abbott's Frozen Custard, Algida, Ample Hills Creamery Inc., Amul, Arun Icecreams, Australian Homemade, Bambino Ice Cream, Baskin-Robbins Homemade Holdings Inc., Ben & Jerry's Homemade Holdings Inc., Berthillon, Blue Bell Creameries, Blue Bunny (Wells enterprises Inc.), Bonnie Doon Ice Cream, Braum's Ice cream & Diary, Bresler's Ice Cream, Breyers, Calippo, Cold Stone Creamery Inc., Coolhaus, International Dairy Queen Inc., Del's, Dole Whip, Elsie Stix- Borden Diary, Fab Ice Creams, Jel Sert Company, Freaky Ice, Froster, Golden Spoon Creamery.