Frozen dessert are desserts made using freezing liquids, solids, and ssemi-solids Frozen flavored water such as shave ice, ice pops, sorbet and snow cones, on fruit purees, on milk and cream, on custard, and on mousse are used to prepare frozen desserts. The ecommerce industry, growing preference for innovative foods, and advancements in freezing technologies are boosting the growth of the global frozen desserts market. As per IndustryARC, in 2018, the global frozen desserts market size was worth between $32 billion to $34 billion, and the demand is projected to grow at a notable CAGR of 6% to 7.5% during the forecast period 2019-2025. The report is titled “Frozen Desserts Market: product type (ice-creams, frozen yogurt, frozen cakes, others) buying type (impulse, take-home) distribution channel (supermarkets/hypermarkets, food service outlets, specialty stores, online stores, others) – forecast (2019 – 2025)”.
The demand from the ice cream industry is estimated to grow at a notable CAGR of 5% to 6% during the forecast period. Increasing flavors along with being cost efficient, growing number of manufacturing companies and dessert parlors, and changing lifestyles of people are the factors contributing to the growth of the frozen desserts market. Ice cream is highly consumed at an average of 28.4 litres in a year by the people of New Zealand. The emergence of organic and low-calorie desserts are foreseen to create new opportunities for the stockholders of the global frozen desserts market during the forecast period of 2019-2025.
Geographically, North America is depicted as the key region for growth in the global frozen desserts market. Frozen desserts and ice creams such as simple water ices and ice cream cakes are highly consumed desserts in North America. In this region, frozen desserts are traditionally consumed as the snacks before or after the meal. Thus, the regional share is estimated as 30% to 32% as of 2018.
Global Frozen Desserts Market: Trends
- Vegetables in Ice-creams –
The rising trend for frozen desserts is attributed to the addition of vegetable ingredients in the ice creams. The addition of beetroot in sorbets improves the taste of ice cream and also helps to improve blood levels. The addition of avocado provides neutral flavor with rich creamy touch to the vegan ice cream. Manufacturers are also experimenting to prepare ice creams from vegetables such as pumpkin, carrot, peas and ube.
Global Frozen Desserts Market: Companies
The major players operating in the global frozen desserts market are Conagra Brands, Kellogg Company, Van’s Foods, Mrs. Smith’s, Nestle USA, Inc., Lantmannen Unibake USA, Inc., General Mills, Inc., Campbell Soup Company, Sara Lee Desserts, and Flowers Food, Inc.
- General Mills, Inc. –
General Mills is an American food based company which directly sells its products to the retail stores. The company manufactures various kinds of cakes, cookies, biscuits, ice creams, yogurts, and desserts which are available in supermarkets, hypermarkets, and airports. Its products are packed nicely and are ready to eat meals.
The company runs a brand called Pillsbury which provides various frozen desserts such as Smoothie Pops, Frozen Baked Brownies Half Sheet Deluxe Uniced, Cookie Butter Semifreddo, Cinnamon Toast Crunch Ice cream, Frozen Caramel Apple Granola Crunch Cake, and soon. Cinnamon Toast Crunch is a creamy ice cream with a slice of pie paired with cream.
Frozen desserts are prepared by using flavored water, fruit purees, milk and cream, custard, and mousse. The e-commerce industry and growing preference for innovative foods are thriving the growth of the global frozen desserts market. Usage of vegetables in ice creams trend is creating new opportunities for the players of the global frozen desserts market.
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