Global Frozen Desserts Market Research Report—Forecast till 2026
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Global Frozen Dessert Market is estimated to register a significant CAGR of 5.64% to surpass USD 102.90 Billion by 2026.
Description
Global Frozen Desserts Market Research Report—Forecast till 2026
Market Dynamics
Global Frozen Dessert Market is estimated to register a significant CAGR of 5.64% to surpass USD 102.90 Billion by 2026. Frozen desserts are becoming popular among all age groups due to the variations and flavors emerging in the market. The most common and trendy frozen desserts are pudding, custards, and ice cream cake. Furthermore, frozen yogurt is one of the emerging frozen dessert preferred across the world due to its high nutrition values. Frozen yogurt includes carbohydrates, proteins, and vitamins, and it also packs a healthy dose of calcium, which aids in the strengthening of bones, keeping the heart in good shape, and helps in losing weight.
Global Frozen Desserts Market is expected to register healthy growth during the forecast period owing to the increasing demand for artisanal ice cream among the consumers. Additionally, the rising consumption of frozen yogurt across the world is fuelling the sales of the global frozen desserts market. Moreover, the introduction of specialty frozen desserts is estimated to create significant growth opportunities for manufacturers operating in the global market. However, fluctuating raw material prices and the high production cost of milk are the factors expected to hinder the market growth during the forecast period. Also, the ongoing pandemic of COVID-19 has created a panic situation among the consumers with temporary closures of retail stores to slow down the spread of the virus.
Market Segmentation
Global Frozen Dessert Market has been segmented into Product Type, category, and distribution channel. Based on product type the global market has been categorized into Ice cream, yogurts, cakes, and others.
In terms of the category, the global frozen desserts market has been bifurcated into Conventional and Sugar-Free. The conventional segment was evaluated for the largest share in 2019 and is expected to witness the highest CAGR to reach USD 88.82 billion during the forecast period due to economical pricing.
By Distribution Channel the global market is classified into Store-Based and Non-Store-Based. The store-based- segment is further subdivided into Supermarkets & Hypermarkets, Convenience Stores, Others.
Regional Analysis
The region-specific analysis of the global frozen desserts market has been studied across America, Europe, Asia-Pacific, and the Middle East and Africa.
Asia-Pacific is expected to register the largest market share during the review period owing to the increasing popularity of health and nutritional supplements the frozen desserts in the region. The region accounted for the largest market share of 35.24% of the global frozen desserts in 2019.
North America is expected to register the second largest market for frozen desserts owing to the expanding portfolio of the products by the key manufacturers in the region. Europe also accounted for a significant share of the frozen desserts market in 2019. The regional market growth is driven by the increasing trend of adopting a healthy lifestyle among consumers.
Major Players
The Key Players operating in the Global Frozen Desserts Market are General Mills Inc. (US), Nestlé SA (Switzerland), DD IP Holder LLC (US), Conagra Brands, Inc. (US), Unilever (UK), Dairy Queen (US), Danone SA (France), Ferrero (Luxembourg), Kellogg Company (US), and London Dairy Co. Ltd (UK).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL FROZEN DESSERTS MARKET, BY TYPE 16
1.1.2 GLOBAL FROZEN DESSERTS MARKET, BY CATEGORY 17
1.1.3 GLOBAL FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL 18
1.1.4 GLOBAL FROZEN DESSERTS MARKET, BY REGION 19
2 MARKET INTRODUCTION
2.1 DEFINITION 20
2.2 SCOPE OF THE STUDY 20
2.3 RESEARCH OBJECTIVE 20
2.4 MARKET STRUCTURE 21
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 24
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS 27
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION 30
5.2 DRIVERS 31
5.2.1 RISING DEMAND FOR ARTISANAL ICE CREAM 31
5.2.2 HIGH CONSUMPTION OF FROZEN YOGURT 31
5.2.3 DRIVERS IMPACT ANALYSIS 32
5.3 RESTRAINT 32
5.3.1 FLUCTUATING RAW MATERIAL PRICES AND HIGH PRODUCTION COST 32
5.3.2 RESTRAINTS IMPACT ANALYSIS 34
5.4 OPPORTUNITIES 34
5.4.1 INTRODUCTION OF SPECIALTY FROZEN DESSERTS 34
5.4.2 FOCUS ON E-COMMERCE DISTRIBUTION CHANNEL 35
5.5 CHALLENGES 35
5.5.1 RISING HEALTH CONCERNS 35
6 MARKET FACTOR ANALYSIS
6.1 VALUE CHAIN ANALYSIS 36
6.1.1 RAW MATERIAL PROCUREMENT 38
6.1.2 PROCESSING 38
6.1.3 PACKAGING 38
6.1.4 RAW MATERIAL PROCUREMENT 40
6.1.5 PROCESSING 40
6.1.6 PACKAGING 40
6.2 SUPPLY CHAIN ANALYSIS 41
6.3 PORTER’S FIVE FORCES MODEL 42
6.3.1 THREAT OF NEW ENTRANTS 43
6.3.2 BARGAINING POWER OF SUPPLIERS 43
6.3.3 BARGAINING POWER OF BUYERS 43
6.3.4 THREAT OF SUBSTITUTES 43
6.3.5 INTENSITY OF RIVALRY 43
6.4 IMPACT OF COVID-19 OUTBREAK ON THE GLOBAL FROZEN DESSERTS MARKET 44
6.4.1 IMPACT ON PRODUCTION 44
6.4.2 IMPACT ON CONSUMER BUYING BEHAVIOR 44
6.4.3 IMPACT ON SUPPLY CHAIN 44
6.4.4 IMPACT ON PRICING 44
6.4.5 IMPACT ON STORE-BASED VS. NON-STORE-BASED SALES 45
7 FROZEN DESSERTS MARKET, BY PRODUCT TYPE
7.1 OVERVIEW 46
7.1.1 GLOBAL FROZEN DESSERTS MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2018–2026 47
7.2 ICE CREAM 47
7.2.1 ICE CREAM: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 48
7.3 YOGURTS 48
7.3.1 YOGURTS: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 48
7.4 CAKES 49
7.4.1 CAKES: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 49
7.5 OTHERS 49
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 50
8 FROZEN DESSERTS MARKET, BY CATEGORY
8.1 OVERVIEW 51
8.1.1 GLOBAL FROZEN DESSERTS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2018–2026 52
8.2 CONVENTIONAL 52
8.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 52
8.3 SUGAR-FREE 53
8.3.1 SUGAR-FREE: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 53
9 FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
9.1 OVERVIEW 54
9.1.1 GLOBAL FROZEN DESSERTS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2018–2026 55
9.2 STORE-BASED 55
9.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 56
9.3 NON-STORE-BASED 56
9.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2018–2026 56
10 GLOBAL FROZEN DESSERTS MARKET, BY REGION
10.1 OVERVIEW 57
10.2 NORTH AMERICA 59
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.2.1 US 61
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.2.2 CANADA 63
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.2.3 MEXICO 64
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3 EUROPE 66
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.1 UK 69
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.2 GERMANY 70
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.3 FRANCE 72
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.4 ITALY 73
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.5 SPAIN 75
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.3.6 REST OF EUROPE 76
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4 ASIA-PACIFIC 78
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4.1 CHINA 80
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4.2 INDIA 82
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4.3 JAPAN 83
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4.4 AUSTRALIA & NEW ZEALAND 85
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.4.5 REST OF ASIA-PACIFIC 86
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.5 REST OF THE WORLD 88
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.5.1 SOUTH AMERICA 90
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.5.2 MIDDLE EAST 92
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
10.5.3 AFRICA 93
FROZEN DESSERTS MARKET, BY PRODUCT TYPE
FROZEN DESSERTS MARKET, BY CATEGORY
FROZEN DESSERTS MARKET, BY DISTRIBUTION CHANNEL
11 COMPETITIVE LANDSCAPE
11.1 COMPETITIVE OVERVIEW 95
11.2 COMPETITIVE BENCHMARKING 95
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 96
11.3.1 CONTRACTS AND AGREEMENTS 96
11.3.2 NEW PRODUCT DEVELOPMENTS/LAUNCHES 96
11.3.3 PARTNERSHIP 96
12 COMPANY PROFILES
12.1 GENERAL MILLS, INC. 97
12.1.1 COMPANY OVERVIEW 97
12.1.2 FINANCIAL OVERVIEW 97
12.1.3 PRODUCTS OFFERED 98
12.1.4 KEY DEVELOPMENTS 99
12.1.5 SWOT ANALYSIS 99
12.1.6 KEY STRATEGIES 99
12.2 NESTLÉ SA 100
12.2.1 COMPANY OVERVIEW 100
12.2.2 FINANCIAL OVERVIEW 101
12.2.3 PRODUCTS OFFERED 101
12.2.4 KEY DEVELOPMENTS 104
12.2.5 SWOT ANALYSIS 104
12.2.6 KEY STRATEGIES 105
12.3 DD IP HOLDER LLC 106
12.3.1 COMPANY OVERVIEW 106
12.3.2 FINANCIAL OVERVIEW 106
12.3.3 PRODUCTS OFFERED 107
12.3.4 KEY DEVELOPMENTS 107
12.3.5 SWOT ANALYSIS 108
12.3.6 KEY STRATEGIES 108
12.4 CONAGRA BRANDS, INC. 109
12.4.1 COMPANY OVERVIEW 109
12.4.2 FINANCIAL OVERVIEW 109
12.4.3 PRODUCTS OFFERED 110
12.4.4 KEY DEVELOPMENTS 110
12.4.5 SWOT ANALYSIS 111
12.4.6 KEY STRATEGIES 111
12.5 UNILEVER 112
12.5.1 COMPANY OVERVIEW 112
12.5.2 FINANCIAL OVERVIEW 112
12.5.3 PRODUCTS OFFERED 113
12.5.4 KEY DEVELOPMENTS 114
12.5.5 SWOT ANALYSIS 114
12.5.6 KEY STRATEGIES 114
12.6 DAIRY QUEEN 115
12.6.1 COMPANY OVERVIEW 115
12.6.2 FINANCIAL OVERVIEW 115
12.6.3 PRODUCTS OFFERED 115
12.6.4 KEY DEVELOPMENTS 115
12.6.5 KEY STRATEGIES 116
12.7 DANONE SA 117
12.7.1 COMPANY OVERVIEW 117
12.7.2 FINANCIAL OVERVIEW 117
12.7.3 PRODUCTS OFFERED 118
12.7.4 KEY DEVELOPMENTS 118
12.7.5 KEY STRATEGIES 118
12.8 FERRERO 119
12.8.1 COMPANY OVERVIEW 119
12.8.2 FINANCIAL OVERVIEW 119
12.8.3 PRODUCTS OFFERED 119
12.8.4 KEY DEVELOPMENTS 119
12.8.5 KEY STRATEGIES 119
12.9 KELLOGG COMPANY 120
12.9.1 COMPANY OVERVIEW 120
12.9.2 FINANCIAL OVERVIEW 120
12.9.3 PRODUCTS OFFERED 121
12.9.4 KEY DEVELOPMENTS 121
12.9.5 KEY STRATEGIES 121
12.10 LONDON DAIRY CO. LTD 122
12.10.1 COMPANY OVERVIEW 122
12.10.2 FINANCIAL OVERVIEW 122
12.10.3 PRODUCTS OFFERED 122
12.10.4 KEY DEVELOPMENTS 123
12.10.5 KEY STRATEGIES 123
13 REFERENCES
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