Global Frozen Dessert Market Outlook
Revenue, 2024
$160B
Forecast, 2034
$248B
CAGR, 2024 - 2034
4.5%
The Frozen Dessert industry revenue is expected to be around $167.5 billion in 2025 and expected to showcase growth with 4.5% CAGR between 2025 and 2034. The increasing popularity of Frozen Desserts can be attributed to important reasons at play in the market today. Despite the changing economic landscape worldwide the sector has displayed a remarkable level of resilience indicating the strong connection these products have with consumer habits and preferences when it comes to food choices. A notable factor contributing to this trend is the rising inclination among consumers for indulgent treats, which plays a significant role in driving this surge in demand. Simultaneously health oriented advancements within the industry and a heightened interest in plant based and dairy free alternatives are also serving as catalysts, for this growth trajectory. Furthermore improvements in food processing and preservation methods have also increased the importance of the Frozen Dessert sector indicating its continued relevance, in today's food and beverage industry.
When it comes to the product itself Frozen Desserts include a range of options. From classic ice creams and gelatos to sorbets, frozen yoghurts and new plant based alternatives. The diverse array of tastes and textures in this category along, with ongoing creativity and product advancement attract a varied group of consumers. These frozen treats have uses beyond enjoying them for the pleasure they bring.
Market Key Insights
- The Frozen Dessert market is projected to grow from $160.3 billion in 2024 to $249 billion in 2034. This represents a CAGR of 4.5%, reflecting rising demand across Food Service Outlets, Specialty Stores and Supermarkets & Groceries.
- The market leaders Unilever, Nestle S.A. and General Mills Inc. determine the competitive dynamics of this market segment.
- U.S. and China are the top markets within the Frozen Dessert market and are expected to observe the growth CAGR of 3.1% to 4.1% between 2024 and 2030.
- Emerging markets including Vietnam, Poland and Nigeria are expected to observe highest growth with CAGR ranging between 5.0% to 6.3%.
- The market expansion of Frozen Desserts will receive a $12.8 billion boost from the transition toward healthier alternatives during the next decade.
- The Frozen Dessert market is set to add $88.6 billion between 2024 and 2034, with manufacturer targeting Teenagers & Adults Consumer Age Group projected to gain a larger market share.
- With The health-conscious consumer, and Innovation in flavor profiles, Frozen Dessert market to expand 55% between 2024 and 2034.
Opportunities in the Frozen Dessert
One exciting opportunity exists in forming strategic partnerships with international retail giants and neighborhood enterprises alike. An evenly spread distribution plan guarantees that frozen treat items are easily accessible to customers, across regions of the nation increasing their reach and sales potential significantly.
Growth Opportunities in North America and Europe
North America Outlook
In North America's frozen treat industry is seeing growth thanks to a rise in demand for dairy low calorie desserts that are sweetly satisfying! Gourmet frozen treats are all the rage now as the market gets more competitive with top companies competing for customers love and loyalty. The use of sourcing and unique flavor combinations is driving this market forward fast! New ingredients that are a bit unconventional are becoming more popular among consumers too. There is room for business expansion with frozen treats and products designed for specific dietary needs presenting great opportunities, in this region!.
Europe Outlook
Europe showcases a scenario of expertise in the frozen treat sector with a focus on artisanal ice cream and gelato stores meeting the high demand from customers seeking indulgence and tradition emphasized in the competition here. Innovations in freezing techniques and packaging play roles in driving the market by ensuring top notch quality and convenience for consumers. The rise of fair trade frozen treats sets new trends that provide hopeful opportunities for newcomers to establish their presence, in the industry.
Market Dynamics and Supply Chain
01
Driver: The Health-Conscious Consumer, and Technological Advancements in Production Techniques
The ongoing focus for wellness has also likely played a role in shaping the frozen dessert sectors development over time. With an increasing number of individuals becoming more health conscious by the day. Their tastes are also transitioning from sweets to lower fat frozen options. Prompting manufacturers in this industry to explore new avenues and introduce frozen treats that offer health benefits while being gluten free and dairy free. Soy and coconut based frozen desserts are also capturing the interest of consumers due, to their perceived health advantages compared to desserts. Advancements in technology have also greatly helped in making treats last longer while preserving their taste and texture quality. This has also led to a rise in their popularity and demand for them too! With the introduction of flash freezing tech improving the overall experience of these desserts; its safe to say that There is also a lot of room for growth in the frozen dessert industry thanks to this upgrade, in technology.
As consumers become more daring in their flavor choices and preferences evolve with time the producers are also introducing inventive flavors to appeal to these adventurous consumers seeking new also experiences. Flavors from parts of the world such as matcha tea taro root and black sesame are also now popular additions to frozen treats These shifts in consumer taste have also led to increased sales of frozen desserts, across global markets.
As consumers become more daring in their flavor choices and preferences evolve with time the producers are also introducing inventive flavors to appeal to these adventurous consumers seeking new also experiences. Flavors from parts of the world such as matcha tea taro root and black sesame are also now popular additions to frozen treats These shifts in consumer taste have also led to increased sales of frozen desserts, across global markets.
02
Restraint: Rising Health Consciousness
In today's health world a growing number of people are choosing to cut back on eating frozen treats as they are often seen as sugary and not only very healthy. With an understanding of the health risks involved there is now a lack of trust in frozen foods prompting consumers to opt for healthier lower calorie alternatives instead. This shift in consumer preferences is having an impact on the demand for frozen desserts, in the market.
03
Opportunity: Ice cream Technology Advancements and Embrace of Health Consciousness
The introduction of technologies in the frozen treat sector could be a significant game changer as well. For instance the utilization of blast freezing techniques has greatly enhanced the texture and shelf life of treats. Investors who are ready to invest in this trend could see an increase, in their earnings.
Given the rising interest in food choices lately the frozen dessert industry has great potential for expansion by offering products that are low in calories and sugar free made with natural ingredients. This group of health consumers represents an untapped market looking for alternatives, to the usual sugary snacks.
Given the rising interest in food choices lately the frozen dessert industry has great potential for expansion by offering products that are low in calories and sugar free made with natural ingredients. This group of health consumers represents an untapped market looking for alternatives, to the usual sugary snacks.
04
Challenge: Impacts of Cold Storage Infrastructure
Numerous areas with a desire for frozen treats encounter challenges due to insufficient cold storage infrastructure. This obstacle discourages producers from growing their businesses in those locations. It not only impacts the longevity and quality of products but also adds strain on distribution and accessibility. Consequently influencing the demand for desserts, in the market.
Supply Chain Landscape
1
Raw Material Suppliers
Unilever
Nestle
Hershey's
2
Ingredient Processors
Dairy Farmers of America
Cargill
Archer Daniels Midland Company
3
Producers
Ben & Jerry's
Baskin-Robbins
Hagen-Dazs
4
End-User Market
Restaurant Chains
Supermarket Chains
Airlines
1
Raw Material Suppliers
Unilever
Nestle
Hershey's
2
Ingredient Processors
Dairy Farmers of America
Cargill
Archer Daniels Midland Company
3
Producers
Ben & Jerry's
Baskin-Robbins
Hagen-Dazs
4
End-User Market
Restaurant Chains
Supermarket Chains
Airlines
*The illustration highlights the key stakeholders within the supply chain ecosystem.
Applications of Frozen Dessert in Food Service Outlets, Specialty Stores & Supermarkets & Groceries
Food Service Outlets
Frozen treats such as ice cream and gelato are commonly found on menus at dining establishments like restaurants and cafes as well as specialty dessert shops where they are creatively served to cater to a wide audiences tastes and preferences. The market leaders in the industry such, as Dairy Queen and Ben & Jerrys have established themselves with product selections and delicious flavors that set them apart from competitors.
Supermarkets & Groceries
Supermarkets and grocery stores play a role in the frozen dessert market with pack based ice creams being particularly popular in this sector. Known companies like Unilever and Nestle hold a strong position in the market with globally recognized brands such as Magnum and Haagen Dazs. They have utilized their distribution networks and high levels of consumer trust to stay ahead, in the market.
Specialty Stores
Specialized shops offer a variety of treats like frozen yogurt and sorbet along with high quality ice creams on offer. The market is greatly influenced by these stores including brands such as Pinkberry and Menchies which focus on offering an extensive selection of flavors to cater to the increasing demand for unique and nutritious choices, from customers.
Recent Developments
December 2024
Baskin Robbins is introducing vegan flavors to cater to the increasing demand from health conscious consumers looking for a variety of options, in frozen desserts.
November 2024
Haagen Daz is revolutionizing the dessert industry with an innovative nitrogen infused freezing method that reduces energy usage without compromising product excellence.
September 2024
Ben & Jerrys is teaming up with Beyond Meat to introduce a range of plant based frozen dessert treats. This collaboration represents a shift towards the alternative protein sector, within the industry.
Lately there has been a wave of innovation in the frozen dessert industry due to the increasing demand for healthier choices by consumers. This shift towards indulgences signifies a major departure from the usual sugary treats as new product advancements now concentrate on nutrient dense options that are low in fat and free, from sugar.
Impact of Industry Transitions on the Frozen Dessert Market
As a core segment of the Packaged & Processed F&B industry,
the Frozen Dessert market develops in line with broader industry shifts.
Over recent years, transitions such as Rise of Healthy Alternatives and Digital Transformation have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Frozen Dessert market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Rise of Healthy Alternatives
With the increasing awareness of health trends in mind and a focus towards healthier choices in the Frozen Dessert sector has undergone notable changes as consumers are becoming more conscious of nutritional values and are shifting away from conventional sugary frozen treats to options with reduced refined sugar content. In response to this trend manufacturers have introduced a variety of products that utilize sweeteners, high protein components and lower fat creams. The influence of this transformation is also evident, in related sectors. The market, for food options has experienced growth as more people seek healthier choices in frozen desserts by turning to dietary supplements and natural sweeteners. This industry transition is expected to add $12.8 billion in the industry revenue between 2024 and 2030.
02
Digital Transformation
The Frozen Dessert industry has been greatly transformed by the integration of technology as manufacturers now utilize advanced tools to improve product forecasting and manage inventory and supply chain logistics more effectively. In addition to this digital marketing plays a role as a promotional tool for Frozen Desserts. This shift has led to an increase insales of Frozen Desserts, through online platforms resultingin a positive impacton the global ecommerce industry.