According to a new report, published by KBV research, The Global Frozen Dessert Market size is expected to reach $160 billion by 2030, rising at a market growth of 5.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 19,538.8 Kilo Tonnes experiencing a growth of 5.8% (2019-2022).
The Supermarket/Hypermarket segment is generating the highest revenue in the Global Frozen Dessert Market, by Distribution Channel in 2022; thereby, achieving a market value of $58.5 Billion by 2030. Consumer preferences have shifted towards convenience, and frozen desserts are no exception. Shoppers often prefer the one-stop-shop experience that supermarkets and hypermarkets provide, making purchasing frozen desserts along with their regular groceries easier.
The Frozen Yogurt segment is experiencing a CAGR of 6.5% during (2023 - 2030). Frozen yogurt is perceived as a healthier dessert than traditional ice cream because it typically contains live and active probiotics and lower fat content. This health-conscious aspect has contributed to its popularity. A significant part of the frozen yogurt experience is the extensive range of toppings available, including fresh fruit, candies, nuts, syrups, and more. Customers can customize their frozen yogurt creations to suit their preferences.
The North America region dominated the Global Frozen Dessert Market, by region in 2022; and would continue to be a dominant market till 2030; thereby, achieving a market value of $56.5 Billion by 2030. The Europe region is anticipated to grow a CAGR of 5.4% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 6.5% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/frozen-dessert-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Kilo Tonnes, USD Million, 2019-2030)
Companies Profiled