Frozen Dessert Market, By Product Type (Artisanal Ice Cream, Dairy-based Ice Cream, Water-based Ice Cream, Frozen Yogurt, and Frozen Cakes), By Distribution Channel (On-Trade, Supermarket and Hypermarkets, Specialist Retailers, and Other Distribution Channels), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Frozen Dessert Market was valued at US$ 108.1 Billion in 2024 and is projected to grow at a CAGR of 6.10% to reach US$ 185.1 Billion by 2034.

Frozen desserts are prepared by freezing pasteurized mix with vegetable oils or milk long with nutritive sweetening agents and milk proteins. They are mixed with various flavors such as flavored fruits, milk, water, and others.

Rise in Consumption of Gelato

Growth in consumption of gelato is one of the boosting factors for the global frozen dessert market. Due to consumer demand for innovative and new flavors, there has been a rise in the preferences for gelato in the recent past. Gelato is measured a healthy dessert for a variety of reasons. The most obvious is that, it is made from natural ingredients. Gelato, especially when made with milk and/or nuts, contains a high amount of protein. Gelato has 6-8% fat content as compared to an average ice cream, which has 18-26%fat. 

The Remarkable Rise in Disposable Income

There has been significant rise in disposable income globally. According to data published by the Organization for Economic Co-operation and Development (OECD) in 2016, in developed economies, the year-on-year rise in disposable income was observed to be 3% to as much as 7.4%. In addition, economic growth is supporting to increase of the same. Further, emerging economies are also witnessing a constant rise in disposable income. Actually, people tend to spend this disposable income on consumable products that include frozen desserts, which is leading to a noticeable growth in demand for the same.

Concerns Regarding Preservatives and Artificial Sweeteners

There are several recorded cases of high doses of artificial sugar, sweeteners, or high fructose corn syrup being added to yogurts, ice creams, and other frozen desserts. Colors, preservatives, and harmful carrageenan are also added in these. Some ice creams contain natural flavorings, some contain a mixture of natural and artificial flavors, and some are entirely artificially flavored. The artificial flavors are favored by the manufacturers because, since they cost less, the profit is increased. 

The frozen dessert market is segmented based on product type, distribution channel, and region.

On the basis of product type, the frozen dessert market is segmented into artisanal ice cream, dairy-based ice cream, water-based ice cream, frozen yogurt, and frozen cakes. Based on distribution channel, the market is classified into on-trade, supermarket and hypermarkets, specialist retailers, and other distribution channels

Regional Insights:

On region the frozen dessert market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market North America is anticipated to account the major share and is accounted to maintain its dominance throughout the forecast period. Presence of a large number of manufacturers in the region is projected to propel the global market growth. This is mainly attributed due to growing production capacity of US and Canada. Changing the lifestyle of the people, increasing disposable income, and rising consumer preferences towards consumption frozen desserts are projected to fuel the global market growth over the forecast period in the region. Europe is anticipated to account second highest revenue share in the global frozen dessert market. Growing number of people preferring low-calorie desserts is estimated to propel the target market growth over the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global Frozen Dessert market report based on product type, distribution channel, and region:

Frozen Dessert Market, By Product Type:

1. Artisanal Ice Cream
2. Dairy-based Ice Cream
3. Water-based Ice Cream
4. Frozen Yogurt
5. Frozen Cakes

Frozen Dessert Market, By Distribution Channel:

1. On-Trade
2. Supermarket and Hypermarkets
3. Specialist Retailers
4. Other Distribution Channels

Frozen Dessert Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the frozen dessert market includes General Mills, Unilever, Nestle, Dunkin' Brands, FONTERRA CO-OPERATIVE GROUP, MEIJI HOLDINGS CO. Ltd., Bulla Dairy Foods, Yili Industrial Group Co. Ltd., DAIRY FARMERS OF AMERICA, and Yasso Inc. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in January 2019, Yoplait and Dunkin’ collaborated to make Boston Kreme Donutflavored Yogurt. This collaboration aims to increase both company product offerings, which can be served as breakfast snack, thus increasing the product visibility. Yoplait created three other limitededition Dunkin' flavors, namely, Apple Fritter, French Vanilla Latte, and Cinnamon Coffee Roll.

• General Mills
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Unilever
• Nestle
• Dunkin' Brands
• FONTERRA CO-OPERATIVE GROUP
• MEIJI HOLDINGS CO. Ltd.
• Bulla Dairy Foods
• Yili Industrial Group Co. Ltd.
• DAIRY FARMERS OF AMERICA
• Yasso, Inc.

 “*” marked represents similar segmentation in other categories in the respective section

1. Research Objective and Assumption
   • Preface
   • Research Objectives
   • Study Scope
   • Years considered for the study
   • Assumptions
   • Abbreviations
2. Research Methodology
   • Research data
   • Primary Data
     1. Primary Interviews
     2. Primary Breakdown
     3. Key data from Primary Sources
     4. Key Thickness Insights
   • Secondary Data
     1. Major Secondary Sources
     2. Secondary Sources
   • Market Estimation
   • Top-Down Approach
     1. Approach for estimating Market Share by Top-Down Analysis (Supply Side)
   • Bottom-Up Approach
     1. Approach for estimating market share by Bottom-up Analysis (Demand Side)
   • Market Breakdown and Data Triangulation
   • Research Assumptions
3. Market Purview
   • Executive Summary
   • Key Findings—Global Outlook for Frozen Dessert Strategies
     1. Key Questions this Study will Answer
     2. Market Snippet, By Product Type
     3. Market Snippet, By Distribution Channel
     4. Market Snippet, By Region
   • Opportunity Map Analysis
   • Executive Summary—3 Big Predictions
4. Market Dynamics, Regulations, and Trends Analysis
   • Market Dynamics
     1. Drivers
     2. Restraints
     3. Market Opportunities
     4. Market Trends
   • DR Impact Analysis
   • PEST Analysis
   • Porter’s Five Forces Analysis
   • Opportunity Orbit
   • Market Investment Feasibility Index
   • Macroeconomic Factor Analysis
5. Global Frozen Dessert Market, By Product Type, 2020 – 2030, (US$ Mn)
   • Overview
     1. Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     2. Y-o-Y Growth Analysis (%), 2020 – 2030
     3. Segment Trends
   • Artisanal Ice Cream
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Dairy-based Ice Cream
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Water-based Ice Cream
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Frozen Yogurt
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Frozen Cakes
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
6. Global Frozen Dessert Market, By Distribution Channel, 2020 – 2030, (US$ Mn)
   • Overview
     1. Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     2. Y-o-Y Growth Analysis (%), 2020 – 2030
     3. Segment Trends
   • On-Trade
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Supermarket and Hypermarkets
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Specialist Retailers
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
   • Other Distribution Channels
     1. Overview
     2. Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
7. Global Frozen Dessert Market, By Region, 2020 – 2030, (US$ Mn)
   • Overview
     1. Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
     2. Y-o-Y Growth Analysis (%), 2020 – 2030
     3. Regional Trends
   • North America
     1. Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
     2. Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
     3. Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
   • Europe
     1. Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
     2. Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
     3. Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
   • Asia Pacific
     1. Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
     2. Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
     3. Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
   • Latin America
     1. Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
     2. Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
     3. Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
   • Middle East & Africa
     1. Market Size and Forecast (US$ Mn), By Product Type, 2020 – 2030
     2. Market Size and Forecast (US$ Mn), By Distribution Channel, 2020 – 2030
     3. Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
8. Competitive Landscape
   • Heat Map Analysis
   • Market Presence and Specificity Analysis
9. Company Profiles
   1. General Mills
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Business Strategies
   2. Unilever
   3. Nestle
   4. Dunkin' Brands
   5. FONTERRA CO-OPERATIVE GROUP
   6. MEIJI HOLDINGS CO. Ltd.
   7. Bulla Dairy Foods
   8. Yili Industrial Group Co. Ltd.
   9. DAIRY FARMERS OF AMERICA
   10. Yasso, Inc.
10. The Last Word
    • Future Impact
    • About Us
    • Contact