Frozen Dessert Market is estimated to be valued at USD 128.56 Bn in 2025 and is expected to reach USD 172.62 Bn by 2032, growing at a compound annual growth rate (CAGR) of 4.3% from 2025 to 2032.
| Report Coverage |
Report Details |
| Base Year: |
2024 |
Market Size in 2025: |
USD 128.56 Bn |
| Historical Data for: |
2020 To 2024 |
Forecast Period: |
2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: |
4.30% |
2032 Value Projection: |
USD 172.62 Bn |
The global frozen dessert market represents a dynamic and rapidly evolving segment within the broader food and beverage industry, encompassing a diverse array of products including ice cream, frozen yogurt, gelato, sorbet, sherbet, and other innovative frozen confections.
Market Dynamics
The global frozen dessert market dynamics are shaped by multiple interconnected factors that drive growth, present challenges, and create opportunities for industry participants. Primary market drivers include rising disposable incomes in emerging economies, urbanization trends that support modern retail formats, increasing consumer preference for convenience foods, and growing demand for premium and artisanal frozen dessert varieties that offer unique flavors and textures.
Health consciousness has emerged as a significant driver, propelling the demand for low-fat, sugar-free, organic, and plant-based alternatives, while seasonal consumption patterns and impulse purchasing behavior continue to fuel market expansion.
Key Features of the Study
- This report provides in-depth analysis of the global frozen dessert market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global frozen dessert market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Nestle, Unilever, General Mills Inc., Dippin' Dots LLC., Kellanova, China Mengniu Dairy Company Limited, HANDEL'S HOMEMADE ICE CREAM, Bassetts Ice Cream, Froneri International Limited, and Blue Bell Creameries
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global frozen dessert market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global frozen dessert market
Market Segmentation
- Product Insights (Revenue, USD Bn, 2020 - 2032)
- Ice-cream
- Confectionaries & Candies
- Frozen Yogurts
- Others
- Ingredients Insights (Revenue, USD Bn, 2020 - 2032)
- Dairy-Based
- Non-Dairy
- Organic
- Distribution Channel Insights (Revenue, USD Bn, 2020 - 2032)
- Supermarket/hypermarket
- Convenience Store
- Cafe & Bakery Shops
- Online
- Others
- Regional Insights (Revenue, USD Bn, 2020 - 2032)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- Nestle
- Unilever
- General Mills Inc.
- Dippin' Dots LLC.
- Kellanova
- China Mengniu Dairy Company Limited
- HANDEL'S HOMEMADE ICE CREAM
- Bassetts Ice Cream
- Froneri International Limited
- Blue Bell Creameries