Frozen Desserts Market Augmented by Demand for Low Fat Content

Frozen desserts are now primarily trending among populations as a sweet dish across the globe, served as refreshment after or with meals, and the demand will be incrementing profitably in the near future, according to the findings of a newly compiled business intelligence report from IndustryARC. The report evaluates the global frozen desserts market to be worth $32billion to $34billion in 2018, and projects opportunities to grow with a CAGR of 6.0% to 7.5% during the forecast period of 2019 to 2025. Rising disposable income and consumers eating habits are anticipated to drive the demand influx in the Frozen dessert market.

Frozen desserts are prepared with different vegetable oils, milk solids, and flavored water. Most available and cost-effective options in the market are shave ice, ice pops, sorbet, and snow cones. As per the NCBI, frozen desserts have attained the milestone in the development. Significant advances in frozen dessert market such as chilling and freezing technologies, mechanical refrigeration, packaging, ingredient, cleaning, and sanitation, and some other functionalities have collectively shaped the industry. 

 

Geographically, North America is positioned as the leading region with a demand share of 30% to 32% in 2018. The large population of young generation, the growth of niche companies in the market with the easy availability of frozen desserts in different distribution channels such as hypermarkets or supermarkets and small vendors are some major factors supporting the frozen dessert market in the region.

 

Additionally, frozen dessert is segmented on the basis of type in which ice-cream is expected to account for major share growing with a CAGR of 5% to 6% through to 2025. Some rules and regulations are set by The Food and Drug Administration Department of Health and Human Services for preparing frozen desserts to maintain hygiene and product quality.                                

Some of the major players are General Mills, Inc., Conagra Brands, Kellogg Company, Sara Lee Desserts, Van’s Foods, Mrs. Smith’s, Nestle USA, Inc., Lantmannen Unibake USA, Inc., Campbell Soup Company, and Flowers Food, Inc.

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