Frozen Dessert: Global Market Opportunities to 2023 - HoReCa Dominates the Distribution Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 31, 2018--The “Global Frozen Dessert Market - Growth, Trends, and Forecast (2018-2023)” report has been added to ResearchAndMarkets.com’s offering.
The Global frozen dessert market is expected to register a CAGR of 7%, during the forecast period, 2018 to 2023. Increasing demand for low-sugar and low-calorie desserts is expected to drive the market growth.
Innovation in Products Driving the Market Growth
Innovative flavors and packaging have proven to be a crucial growth factor. Numerous innovative products have been launched in the frozen bakery and desserts category in recent years. Nestle has introduced Outshine Frozen Yogurt Bars, which has gained huge popularity among children in a short span of time. Consumers are paying more attention to their health and wellness. This has resulted in the emergence of innovative flavors & low-fat, gluten-free products are expected to impact the market dynamics over the forecast period.
Ice-Cream is the Leading Product Category
Ice creams emerged as the leading product category. The factors affecting growth are flavors and fat content along with sweetness and texture. The ice cream industry is fragmented in nature, with the presence of several small and large companies, vendors, restaurants, and retails chains. The handcrafted or artisan ice creams have gained huge popularity among consumers. Frozen yogurt is expected to witness the fastest growth rate during the forecast period, owing to their health benefits.
Other Key HighlightsHoReCa Dominating the Distribution Landscape North America Dominating the Global Market
Notable Market DevelopmentsMy/Mo Mochi Ice Cream has launched its own vegan versions of its popular ice cream mochi treats.
2. Research Approach & Methodology
3. Market Overview
4. Market Dynamics
5. Market Segmentation
6. Competitive Landscape
7. Company ProfilesAmul Baskin Robbins LLC Britannia Industries Ltd. ConAgra Foods Danone Ferrero SpA General Mills Inc. London Dairy Co. Ltd. Mother Dairy Fruit & Vegetable Pvt. Ltd. Nestle SA Unilever Group Wells Enterprise
For more information about this report visit https://www.researchandmarkets.com/research/tjsvxx/frozen_dessert?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180831005382/en/
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Related Topics:Frozen Food,Desserts
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
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PUB: 08/31/2018 12:38 PM/DISC: 08/31/2018 12:38 PM