Ice Cream and Frozen Dessert Market Outlook: Industry Overview and Forecast (2024 to 2031)

Market Overview and Report Coverage

Ice cream and frozen dessert are sweet treats loved by people of all ages around the world. The market for these products is expected to continue to grow at a steady pace, with a projected CAGR of % during the forecasted period. The increasing demand for indulgent and premium dessert options, changing consumer taste preferences, and the innovation of new flavors and varieties are driving this market growth.

The current trends in the ice cream and frozen dessert market include the introduction of healthier and organic options, plant-based alternatives for dairy-free consumers, and unique flavor combinations to cater to adventurous taste buds. Manufacturers are also focusing on sustainable and eco-friendly packaging solutions to appeal to environmentally conscious consumers.

The future outlook for the ice cream and frozen dessert market looks promising, with a steady increase in demand expected as consumers continue to seek out these delicious frozen treats as a way to indulge and treat themselves. With ongoing product innovation and market expansion, the future of this market is bright and full of potential for growth and success.

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Market Segmentation

The Ice Cream and Frozen Dessert Market Analysis by types is segmented into:

• Ice Cream
• Frozen Dessert

The Ice Cream and Frozen Dessert market includes a variety of products such as ice cream, frozen yogurt, gelato, and sorbet. Ice cream is a frozen dairy dessert made from cream, sugar, and flavorings. Frozen desserts are non-dairy alternatives that can be made from ingredients like coconut milk or soy. Both ice cream and frozen desserts cater to different dietary preferences and provide a wide range of flavors and options for consumers to enjoy.

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The Ice Cream and Frozen Dessert Market Industry Research by Application is segmented into:

• Catering Industry
• Entertainment Venue
• Shop
• Household
• Other

The ice cream and frozen dessert market has a wide application across various industries. In the catering industry, these treats are often served at events and parties. Entertainment venues offer ice cream as a delicious snack for patrons. Shops sell a variety of frozen desserts to customers looking to indulge. In households, people enjoy ice cream as a dessert or snack. These treats also have applications in other markets, such as schools, healthcare facilities, and sports stadiums.

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In terms of Region, the Ice Cream and Frozen Dessert Market Players available by Region are:

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

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What are the Emerging Trends in the Global Ice Cream and Frozen Dessert market?

The global ice cream and frozen dessert market is experiencing a shift towards healthier and more creative options, with a focus on natural ingredients, low sugar and dairy-free alternatives. Plant-based ice creams, artisanal flavors, and unique textures like gelato and rolled ice cream are gaining popularity. Convenience and on-the-go packaging are also key trends, with single-serve and mini portions becoming more common. In addition, there is a growing demand for premium and indulgent frozen desserts, as well as a rise in experimental flavors and collaborations with other food and beverage brands. E-commerce and online ordering are also driving sales in this competitive market.

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Major Market Players

Ben & Jerry's, a subsidiary of Unilever, is known for its unique and innovative flavors that cater to different consumer preferences including vegan and dairy-free options. Ben & Jerry's has seen steady market growth over the years, with a focus on sustainable sourcing and social responsibility.

Dean Foods, one of the largest dairy companies in the US, has a strong presence in the ice cream and frozen dessert market. However, the company has faced challenges in recent years due to changing consumer preferences towards healthier alternatives.

Nestle, a global leader in the food and beverage industry, has a strong portfolio of ice cream and frozen dessert brands including Dreyer's. Nestle has been focusing on product innovation and expanding its market reach through strategic partnerships and acquisitions.

Unilever, the parent company of Ben & Jerry's, has a diverse portfolio of ice cream brands including Breyers and Magnum. Unilever has been investing in sustainable practices and digital marketing to drive growth in the ice cream and frozen dessert market.

According to market research, the global ice cream and frozen dessert market is expected to reach a value of over $99 billion by 2026. The market is driven by factors such as increasing disposable income, changing consumer preferences, and growing demand for premium and indulgent products.

Some of the key trends in the ice cream and frozen dessert market include the rise of plant-based alternatives, the popularity of small-batch artisanal products, and the emphasis on clean label ingredients. Companies like Ben & Jerry's and Amul have been quick to respond to these trends by launching new products that cater to consumer demands. Sales revenue for companies like Unilever and Nestle in the ice cream and frozen dessert market has been steadily growing, demonstrating the strong demand for these products globally.

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