Ice-cream & Frozen Desserts: Global Market Intelligence (2023-2030)

REPORT OBJECTIVES

The report "Ice-cream & Frozen Desserts: Global Market Intelligence (2023-2030)" provides market intelligence on the different market segments, based on type, distribution channel, and geography. Market size and forecast (2023-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY

In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents - selected experts from manufacturers and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE

Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES

The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT

Global ice-cream & frozen desserts market is expected to grow at a CAGR of more than 4% from 2023 to 2030. The global market for ice-cream and frozen desserts is being driven by several key factors that are expected to continue to shape the market in the coming years. One of the major drivers of the market is the growing popularity of frozen desserts as a convenient and indulgent treat. As consumers continue to seek out convenient and delicious snack options, the demand for ice-cream and frozen desserts is expected to grow.Another important driver of the market for ice-cream and frozen desserts is the increasing availability of new and innovative flavors and product varieties. Manufacturers are constantly introducing new flavors, formats, and packaging options to appeal to consumers' changing tastes and preferences. Additionally, the rise of health-conscious consumers has led to the development of healthier options, such as dairy-free and low-sugar frozen desserts.

In APAC, China is expected to dominate the market followed by India, whereas Japan is expected to show a substantial growth from 2023 to 2030.

Increasing consumption of flavored yoghurt in China and Japan is predicted to support the growth of this market across APAC region.

Geographically, North America is expected to be the major contributor in terms of value sales followed by Europe.

Sprout Intelligence expert team projected the global Ice-cream & Frozen Desserts marketis expected to cross mark of USD 50 billion.