Ice-creams and Desserts Market Size, Share, Trends and Industry Analysis 2024
Ice Cream Desserts Market is Expected to Increase around US$ XX Mn by 2024, Due to Rise in Demand for Ice Cream Products From Consumers
“The Ice Cream Desserts Market is anticipated to reach about US$ XX Mn by 2024, and anticipated to expand at a CAGR over six years of forecast period 2019-2024 due to increasing consumption of ice-cream from consumers throughout the world.
Precision Business Insights (PBI) in its report titled “Ice-Cream Desserts Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2018 and Forecast 2019-2024” assesses the market performance over six years forecast period from 2019 to 2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.
The ice-cream desserts market size was accounted for US$ XX Mn in 2018 and anticipated to account for US$ XX Mn by 2024. Increased consumption by consumers will create a demand for ice cream desserts market.
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Ice-cream desserts market segmented on the basis of application, type and region.
Low Fat Ice-Cream is Expected to Dominate the Revenue Share.
Based on type, ice-cream dessert market is segmented as regular ice-cream and low fat ice-cream. Among both of these segment regular Ice-cream is expected occupy the major contribution on the pie. However low fat ice cream is predicted to account for healthy CAGR in next five to six years. Shifting consumer preferences towards consumption of healthy food is expected to support the demand of low fat Ice-cream in the near future.
North-America Accounts for Major Revenue Share for Ice-Cream Desserts Market
Precision Business Insights (PBI), ice-cream desserts market report analyses the market in different regions North America, Europe, Asia Pacific, Latin America and Middle East and Africa. According to regional analysis, North-America accounted for major revenue share due to increased consumption of ice-cream in these regions followed by Asia pacific and Europe.
Consumption of Ice-Cream and Desserts Play Vital Role in Ice-Cream and Desserts Market
The global ice cream market value is expected to reach USD XX billion by 2024, recording an anticipated CAGR of X% during the forecast period (2019-2024). The rise in income, along with an increase in demand for sweet dishes, drives the growth of this market. Unilever dominates the global market occupying eight of the 15 top selling brands and in the market. Nestle is the closest corporate rival of Unilever, occupying four brands in the top 15. The sales of low-quality ice cream have been declining, due to the increased preference for premium ice cream.
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The key players in the Ice-creams and Frozen Desserts include Ben & Jerry’s, Dean Foods, Dreyer’s, Nestle, Kwality,Vadilal, Lazza ,Cream Bell, MaggieMoo’s Ice Cream and Treatery and Golden North.
o Regular Ice-creams
o Low Fat Ice-creams
o Frozen Yogurt
o Cakes and Pastries
o Custards and Pudding
o Doughnuts and Pies
o Sweet Treats
o Confectionery and Candies
By Distribution Channel
o Convenience stores
o Department stores
o Mobile vendors
o Specialty ice cream shops
o North America
§ Rest of Europe
§ Rest of Asia Pacific
o Latin America
§ Rest of Latin America
o Middle East and Africa
§ South Africa
§ Saudi Arabia
§ Rest of MEA
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