The North America Frozen Dessert Market would witness market growth of 5.0% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 5,826.7 Kilo Tonnes, showcasing a growth of 5.1% (2019-2022).
Consumer preferences in the market have evolved significantly over the years. Many consumers are more health-conscious today, seeking frozen dessert options that align with their dietary and wellness goals. This has led to increased demand with low fat and sugar and better nutritional profiles. The rise in dietary restrictions and preferences, such as vegetarianism, veganism, lactose intolerance, and gluten sensitivity, has fueled the demand for dairy-free and plant-based frozen dessert alternatives. Brands have responded by developing frozen desserts made from almond milk, coconut milk, soy milk, and other non-dairy ingredients.
Additionally, consumers are paying closer attention to ingredient lists and seeking products with "clean" labels, which means fewer artificial additives, preservatives, and artificial flavors. Brands that offer frozen desserts with simpler, more natural ingredients are often favored. Some consumers are focused on managing their calorie and carbohydrate intake. As a result, there's a demand for frozen desserts with reduced calorie and carbohydrate content, such as low-calorie ice cream or keto-friendly options. Frozen dessert enthusiasts are increasingly drawn to flavors and ingredients perceived as more natural. This has led to the popularity of real fruit purees, natural flavorings, and inclusions like nuts, seeds, and chocolate chunks.
Urbanization in Canada has increased significantly over the years. According to the Government of Canada, 73.7% of Canadians, an increase from 73.2% five years earlier, resided in one of the country's major urban centers in 2021. Downtowns are expanding more quickly than ever. Large urban centers' downtown populations increased more quickly (+10.9%) between 2016 and 2021 than urban centers (+6.1%). Downtown populations increased at a rate that was more than twice as fast as during the previous census cycle (+4.6%). Due to these factors, the demand in the North America region will increase.
The US market dominated the North America Frozen Dessert Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $40,479.1 Million by 2030. The Canada market is experiencing a CAGR of 7.4% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 6.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Frozen Dessert Market is Predict to reach $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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