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Frozen Desserts Market Research Report includes various topics like total Market Size, Key Market Drivers, Challenges, Growth Opportunities, Industry Share, Growth, Demand, Outlook etc. Furthermore, it covers key market updates, the impact of regulations and technological updates in. The report addresses the need to stay updated in this competitive market conditions and this provides and comprehensive data for making strategies and decision to stimulate the market growth and profitability.Market Analysis:
The global frozen dessert market is expanding at a high pace with consumers the world over getting inclined for packaged food which is easy both to cook as well as consume, safe against external tampering and convenient to handle. It is expected to grow at an exceptional CAGR over the predicted years (2018-2023). Frozen desserts simply put is a product that is made by freezing solid, semi-solids or liquids with milk fat and/or fats and edible vegetable oils. The classification of frozen desserts includes mousse, milk and cream, fruit juice, flavored liquid and others. The popular frozen desserts list is available both in non-dairy and dairy-based resting on the product and different flavors are added to it.
There are various factors that is driving the growth of the frozen dessert market according to MRFR (Market Research Future) Report. These include growing health concerns resulting in the availability of low-calorie, low sugar frozen desserts which are healthy and tasty, changing dietary patterns, increasing discretionary spending, fierce promotional and marketing strategies used by food brands, rising fast-food culture, rising preference for convenience food, demand for desserts that have low sugar content, launch of new innovative products in various flavors and tastes, availability of frozen desserts in abundance, technological innovation, innovative refrigerator displays and advancement in the freezing technologies.
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These days frozen desserts that are non-dairy based are in great demand which comprises of ice cream products that are cream based, and yoghurts made of milk from cashews, almonds, soy, coconuts and rice as a substitute to dairy milk. The increasing cases of lactose intolerance all over the world has led to the growing demand for such desserts. Frozen desserts that have low fat are gaining recognition amid consumers owing to rising awareness of fitness.
Competitive Analysis:
The global frozen dessert market is highly competitive and fragmented due to the existence of different large and small vendors. The vendors are indeed competing based on distribution, marketing channels, reputation, packaging, innovation, quality and price. The market competition is likely to intensify with changes in technology.
Leading players profiled in the frozen dessert market include Ben & Jerry's (U.S.), Blue Bell Creameries (U.S.), Wells Enterprises, Inc. (U.S.), Unilever (The Netherlands), Nestlé S.A. (Switzerland), Byrne Dairy (U.S.), Hiland Diary (U.S.), Cool Delight Desserts Ltd (U.K) and Gilfi SA (Belgium).
Industry News:
Feb 2019- So-Delicious, the leading plant-based company that makes cheese shreds, mousse, ice cream, dairy-free yoghurt, almond milk and coconut milk has taken a different approach towards the craze for oat milk. It is all set to launch its first ever dairy-free Oatmilk Frozen Dessert range of ice-creams in three sumptuous flavors of Oatmeal Cookie, Peanut Butter & Raspberry and Caramel Apple Crumble. Each of these ice-creams will be prepared with the smooth base of oat milk and above all will be non-GMO project verified and also gluten-free. These bold flavors indeed are a must-try.
Market Segmentation:
As per MRFR report, the global frozen dessert market is segmented on the basis of type and ingredients.
Based on frozen dessert types, it is segmented into mousse, milk and cream, fruit juice, flavored liquid and others.
Based on ingredients, the frozen dessert market is segmented into gelatos, fruits, non-dairy based, dairy based and others. Of these, gelatos will have the largest share in the market.
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Regional Analysis:
Based on region, the frozen dessert market covers growth opportunities and latest trends across North America, Europe, Asia Pacific and Rest of the World. Of these, North America will govern the market over the predicted years owing to rise in consumers per capita disposable income and increasing inclination of the consumer towards out of home dining. The frozen dessert market in Europe will have the second largest share owing to the existence of leading players in the Western European countries. Moreover, the key players are laying emphasis in various promotional activities for building strong awareness amid the consumers.
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