The Dairy Desserts Market is being driven by Rising demand for convenience
The Dairy Desserts Market is expected to grow at a CAGR of 5.3% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1460.8 million. The global dairy desserts market is experiencing significant growth due to the strategic expansions of established and emerging players in the industry. Key players, including Danone and Unilever, have broadened their product offerings to cater to the rising consumer demand for indulgent yet accessible dairy-based treats. Unilever, for instance, has innovated with brands like Ben & Jerry's and Magnum, launching more sustainable and healthier dairy dessert options to address the increasing preference for guilt-free indulgence. Additionally, new entrants have entered the market, contributing to the market's growth dynamics.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
244 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.3% |
Market growth 2025-2029 |
USD 1460.8 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
4.9 |
Key countries |
US, Canada, Germany, UK, India, France, China, Japan, Italy, and Brazil |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Dairy Desserts market encompasses various outlets including specialty stores, boutique shops, convenience stores, restaurants, and food service channels. Consumers seek out these desserts for their health benefits, such as potassium, protein, vitamins, calcium, and phosphorus found in premium ice creams, yoghurts, custard, chocolates, and more. Health consciousness drives demand for nutrient-rich options like low-fat desserts and those fortified with vitamins A and D, magnesium, and other essential nutrients. Flavors cater to diverse tastes, including vegan diets, while high pressure processing ensures food safety.
The global dairy desserts market encompasses manufacturers and vendors specializing in the production and processing of dairy-based desserts, catering to various distribution channels such as specialty stores, boutique shops, convenience stores, restaurants, and food service channels. According to Technavio's market analysis, the size of the global dairy desserts market is determined by the consolidated revenue generated by these entities. This market excludes equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. The market's expansion will be influenced by the growing consumer preference for minimally processed foods, which offer health benefits such as increased potassium, dietary fiber, folate, vitamin A, and vitamin C intake.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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