The Frozen Dessert Market Report 2019-2023 focuses on the global Frozen Dessert status, future forecast, growth opportunity, key market, and key players.
The Frozen Dessert Market report studies the global market size of Frozen Dessert in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Frozen Dessert in these regions. This research report categorizes the global Frozen Dessert market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Frozen Dessert include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- Baskin Robbins LLC
- Britannia Industries Ltd.
- ConAgra Foods
- Ferrero SpA
- General Mills Inc.
- London Dairy Co. Ltd.
- Mother Dairy Fruit & Vegetable Pvt. Ltd.
- Nestle SA
- Unilever Group
- Wells Enterprises
Overview of Frozen Dessert Market Research Report 2019-2023:-
The Global frozen dessert market is expected to register a CAGR of 7%, during the forecast period, 2019 to 2023. Increasing demand for low-sugar and low-calorie desserts is expected to drive the market growth.
Innovation in Products Driving the Market Growth
Innovative flavors and packaging have proven to be a crucial growth factor. Numerous innovative products have been launched in the frozen bakery and desserts category in recent years. Nestle has introduced âOutshine Frozen Yogurt Bars,â which has gained huge popularity among children in a short span of time. Consumers are paying more attention to their health and wellness. This has resulted in the emergence of innovative flavors & low-fat, gluten-free products are expected to impact the market dynamics over the forecast period.
Ice-Cream is the Leading Product Category
Ice creams emerged as the leading product category. The factors affecting growth are flavors and fat content along with sweetness and texture. The ice cream industry is fragmented in nature, with the presence of several small and large companies, vendors, restaurants, and retails chains. The handcrafted or artisan ice creams have gained huge popularity among consumers. Frozen yogurt is expected to witness the fastest growth rate during the forecast period, owing to their health benefits.
HoReCa Dominating the Distribution Landscape
Non-retail or On-Trade was the dominant distribution channel and accounted for 54 % of the market. The increasing popularity of fine dining experience and the growing preference for innovative foods has resulted in the growth of this channel. Supermarkets/hypermarkets have gained remarkable popularity in owing to the convenience and availability of multiple brands at one destination. Grocery outlets and artisan bakers also serve as important sales channels.
North America Dominating the Global Market
The global frozen desserts market is dominated by North America. The North American market is almost saturated and is currently growing at a steady pace. On the other hand, Asia-Pacific is the fastest growing market, with China, India, and Japan leading in the region. Huge population, large young generation, increasing disposable incomes, and change in dining habits are the major factors that support the frozen desserts market in this region. Other regions, such as Africa and South America, are smaller markets for these desserts. However, the consumption of such desserts is growing at a good pace in developing countries of South America.
The frozen dessert market is characterized by high rivalry owing to the presence of numerous small and large manufacturers across the region. The local and regional frozen desserts are the most preferred taste type, hence local brands are competing hard with multinational firms. Nestle, Unilever, and Well Enterprise are the top global players in the frozen desserts market. The key market players are spending extensively on the development of novel, innovative flavors to retain their consumer base.
â¢ December 2017 – My/Mo Mochi Ice Cream has launched its own vegan versions of its popular ice cream mochi treats.
Major players – AMUL, BASKIN ROBBINS LLC, BRITANNIA INDUSTRIES LTD., CONAGRA FOODS, DANONE, FERRERO SPA, GENERAL MILLS INC., LONDON DAIRY CO. LTD., MOTHER DAIRY FRUIT & VEGETABLE PVT. LTD., NESTLE SA, UNILEVER GROUP, WELLS ENTERPRISES, among others.
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Reasons to Purchase this Report
Key questions answered in the Frozen Dessert Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Frozen Dessert market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Frozen Dessert Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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