The Latin America, Middle East and Africa Frozen Dessert Market would witness market growth of 8.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 2,320.5 Kilo Tonnes, showcasing a growth of 9.4% (2023-2030).
Some companies add functional ingredients to frozen desserts to enhance their nutritional value. These include probiotics for gut health, antioxidants for added health benefits, or protein to appeal to fitness-conscious consumers. Packaging is crucial in the frozen dessert market. Innovations in packaging focus on convenience, portion control, and sustainability. For instance, single-serving cups, portioned bars, and eco-friendly packaging are becoming more common. Specialty dessert shops and self-serve frozen yogurt outlets allow consumers to customize their frozen treats with various toppings, sauces, and mix-ins. This level of personalization has become increasingly popular.
Moreover, the growth of specialty dessert shops, including ice cream parlors and frozen yogurt shops, has been a notable trend in the market. Specialty dessert shops typically offer a wide range of frozen desserts, allowing customers to choose from various flavors, toppings, and mix-ins. This level of customization appeals to consumers who enjoy creating their unique dessert combinations. These shops often provide an interactive and engaging experience. Customers can watch their frozen desserts prepared, select their toppings, and enjoy their creations in a visually appealing environment. This experience adds to the overall enjoyment of the treat.
In Brazil, health-conscious consumers with disposable income are driving demand for healthier frozen dessert alternatives. These include low-sugar, low-fat, dairy-free, and fruit-based options. For instance, brands like Frooty, a Brazilian frozen yogurt chain, have introduced healthier frozen dessert options, including low-fat yogurt and fruit sorbets. These options cater to consumers looking for treats that align with their dietary preferences. International frozen dessert brands have entered the Brazilian market to cater to the growing middle-class population with disposable income. They bring flavors and concepts to Brazilian consumers. For example, brands like McDonald's and Baskin-Robbins have expanded their presence in Brazil, offering ice cream and frozen dessert products with international appeal. These brands adapt their menus to include local flavors and preferences. As a result, the LAMEA region will see an increase in demand in the upcoming years.
The Brazil market dominated the LAMEA Frozen Dessert Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,051.4 Million by 2030. The Argentina market is registering a CAGR of 8.8% during (2023 - 2030). Additionally, The UAE market would showcase a CAGR of 7.9% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Cafe & Bakery Shops, Online, Convenience Stores, and Others. Based on Product, the market is segmented into Ice Cream, Frozen Yogurt, Confectionary & Candies, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Frozen Dessert Market is Projected to reach USD 160.8 Billion by 2030, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, Unilever PLC, General Mills, Tyson Foods, Inc., Kellogg Company, China Mengniu Dairy, 16 Handles, Bassetts Ice Cream, Berkshire Hathaway, Inc. and Inspire Brands, Inc.
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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