The Frozen Desserts Market is being driven by Rising urbanization and changing consumer lifestyles
The Frozen Desserts Market is expected to grow at a CAGR of 6.62% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 25.03 billion. In the dynamic and evolving food industry, functional foods have emerged as a significant market segment. These foods, characterized by their active microorganism-based compounds, have gained considerable traction among health-conscious consumers worldwide. The demand for functional foods is particularly high in the Asia-Pacific and North American markets, where consumers prioritize healthy living and adhere to nutritious eating habits. Aging demographics further fuel the demand for functional foods, as these consumers seek products that cater to their unique nutritional requirements. Functional foods are distinguished by their inclusion of one or more additional health-boosting ingredients, making them an attractive option for those seeking optimal wellness.
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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 |
216 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.62% |
Market growth 2024-2028 |
USD 25.03 billion |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
5.8 |
Key countries |
US, China, Germany, France, Japan, UK, Canada, Italy, India, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Frozen Desserts Market involves the analysis of freezing curves, rheological properties, and sensory profiling for assessing creaminess, melt resistance, flavor release, and texture. Ingredient functionality, formulation design, and process parameters are crucial for ensuring quality through batch processing and continuous production. Packaging materials, thermal processing, and microwave thawing techniques impact product quality. Rapid freezing methods influence air cell distribution, ice crystal morphology, fat globule size, protein denaturation, and sweetness intensity. Color measurement, texture analyzer, and sensory attributes are essential for consumer acceptance. Supply chain management and ingredient sourcing are key considerations for market success.
The Frozen Desserts Market encompasses businesses engaged in the production and packaging of ice cream, gelato, and other frozen treats. Market size is determined by the consolidated revenue of these entities. The manufacturing process involves ice cream freezing through churning, texture modification, flavor encapsulation, and emulsifier selection. Market expansion is attributed to the health benefits associated with the consumption of minimally processed frozen desserts, which offer nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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