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Global Ice-creams and Desserts Market – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

Global Ice-creams and Desserts Market

 

By Product Type (Ice-creams, Desserts), By Distribution Channel (Supermarkets and Hypermarkets, Restaurants, Bakeries, Online Channels, Others), and Geography – Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024

 

Global ice-creams and desserts market was valued at US $ XX Mn and expected to grow at 8.5% Compound Annual Growth Rate (CAGR) from 2018 to 2024.

 

Market Outline: Global Ice-creams and Desserts Market

Ice-creams and desserts are belongs to the frozen food industry, that are primarily consumed as refreshment or served between or after the meals. These frozen products are generally made up of cream and milk combined with nuts, fruits, and flavors and sweetened with sugar or sugar substitutes.

 

Market Dynamics: Global Ice-creams and Desserts Market

Increase in the global population preferring the frozen foods and sweet dishes is a key factor drives the global ice-creams and desserts market. Moreover, rise in disposable income, development of newer frozen food products by market players, rise in adoption of frozen food products for refreshment purpose around the globe, entry of market players throughout the world, and launch of newer products are anticipated to fuel the global ice-creams and desserts market over the forecast years. However, cost fluctuations of raw materials, rise in preference for health concerns due to increase in the prevalence of diabetes and obesity, and stringent regulations are restrain the growth of ice-creams and desserts market.

 

Market Scope: Global Ice-creams and Desserts Market

Global ice-creams and desserts market is segmented based on product type and distribution channel

Based on product type, market is segmented into the following:

  • Ice-creams
  • Regular Ice-creams
  • Low Fat Ice-creams
  • Desserts
  • Frozen Yogurt
  • Cakes and Pastries
  • Custards and Pudding
  • Doughnuts and Pies
  • Sweet Treats
  • Confectionery and Candies
  • Others

Based on the distribution channel, the market is segmented into the following:

  • Supermarkets and Hypermarkets
  • Restaurants
  • Bakeries
  • Online Channels
  • Others

 

Regional Analysis: Global Ice-creams and Desserts Market

Geographically, global ice-creams and desserts market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America ice-creams and desserts market is poised to grow due to high disposable income in U.S. and Canada, launch of newer products by market players, and increase in the adoption of low-fat ice-creams are bolster the market. Europe ice-creams and desserts market is driving by rise in preference for the consumption of ice-creams and frozen foods after meals, high adoption of ice-creams and desserts as refreshment products, huge number of distribution channels are surge the market. Asia Pacific ice-creams and desserts market has prominent share attributed to increase in the population in India, China, and Japan, change in food habits due to change in lifestyle, and availability of cost-efficient products are fuel the market.

 

Competition Assessment: Global Ice-creams and Desserts Market

Some of the players in the global ice-creams and desserts market include:

  • Ben & Jerry’s Homemade Holdings Inc. (U.S.)
  • Baskin-Robbins (U.S.)
  • Unilever (Netherlands)
  • Nestle SA (Switzerland)
  • Danone Groupe SA (France)
  • Cielo USA Inc. (U.S.)
  • Kraft Foods Group Inc.  (U.S.)
  • Sweet Street Desserts, Inc. (U.S.)
  • Deiorio Foods, Inc. (U.S.)
  • Lantmannen Unibake USA, Inc (U.S.)
  • General Mills, Inc. (U.S.)

 

Notable Market Developments: Global Ice-creams and Desserts Market

  • In September 2017, Unilever acquires Weis Ice cream business in Australia for strengthening of its presence
  • Ben & Jerry’s Homemade Holdings Inc. (U.S.)
  • Baskin-Robbins (U.S.)
  • Unilever (Netherlands)
  • Nestle SA (Switzerland)
  • Danone Groupe SA (France)
  • Cielo USA Inc. (U.S.)
  • Kraft Foods Group Inc.  (U.S.)
  • Sweet Street Desserts, Inc. (U.S.)
  • Deiorio Foods, Inc. (U.S.)
  • Lantmannen Unibake USA, Inc (U.S.)
  • General Mills, Inc. (U.S.

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