What Innovative Ingredients Are Transforming the Frozen Dessert Market?


MRFR estimates that the Frozen Desserts Market is likely to value USD 123.75 billion over the forecast period from 2024 to 2032 at a CAGR of 5.51%. The market valued at USD 127.30 billion in 2024 and USD 195.50 in 2032. This growth of the market is attributed to rising demand for frozen dessert coupled with availability and variety of the desserts available.

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Increased disposable income of middle class is one of the key factors driving growth of the global Frozen Desserts Market Size. Additionally, the key players in the industry are attempting to diversify their products with diverse types of products, which are further gaining traction of the market growth during next few years. However, due to rising health consciousness several frozen desserts are witnessing lower demand; nonetheless, the premium ice-creams with exotic Flavors are witnessing higher adoption, which in turn is driving growth of the market.

The popularity of small-portion snacks is growing, driving adoption of high quality ice-cream especially at events and gatherings. At such events, ice-crams are served as desserts. Rising number of public events are driving demand for frozen desserts resulting in growth of the market. Moreover, rising trend of gifting sweets at parties and on several occasions is providing push to the frozen desserts market.

Key Players:

Key Companies in the Frozen Desserts Market includes: The Hain Celestial Group (US),Halo Top Creamery (US),General Mills Inc. (US),Unilever (UK),Nestlé SA (Switzerland),Kellogg Company (US),DD IP Holder LLC (US),Conagra Brands Inc. (US),London Dairy Co. Ltd (UK),Danone SA (France),Dairy Queen (US),Ferrero (Luxembourg),Daiya Foods Inc. (Canada),Archer Daniels Midland Company (US),Nestlé S.A. (Switzerland),Arla Foods amba (Denmark),Unilever (UK).