Frozen Dessert Market
The market for Frozen Dessert was estimated at $160 billion in 2024; it is anticipated to increase to $209 billion by 2030, with projections indicating growth to around $260 billion by 2035.
Global Frozen Dessert Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
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.
- Unilever, Nestle S.A., General Mills Inc. are among the leading players in this market, shaping its competitive landscape.
- 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%.
- Transition like Rise of Healthy Alternatives has greater influence in United States and China market's value chain; and is expected to add $4 billion of additional value to Frozen Dessert industry revenue by 2030.
- 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.