Market Snapshot:
A liquid-based frozen snack on a stick is known as an ice pop. Unlike ice cream or sorbet, which are whipped while freezing to prevent ice crystal formation, an ice pop is "quiescently" frozen—that is, frozen while still in motion—and solidifies into a solid block of ice. The Popsicle is 90 percent water. Sugar, vegetables, fruits, and other substances are included. Vegetable popsicles are usually vegan and gluten-free they are made with the thought to have healthy nutrition while satisfying taste buds. With the rise in urbanization, it has become convenient to reach a large number of customers. Awareness regarding obesity and a healthy lifestyle has made people think about healthy lifestyle choices and have sugar-free and gluten-free products this will help to have better growth in the vegetable Popsicle market in near future.
Highlights from Vegetable Popsicle Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.4% |
The key Vendors profiled in the report are Unilever (Ben & Jerry's) (United Kingdom), Nestle's (Outshine) (Switzerland), Amul (India), Minute Maid (United States), Chloe’s Soft (United States), Ruby Rocket’s (United States), Motts (United States), GoodPop (United States), Nadamoo (United States) and Veggie mama (Australia). Additionally, other players that are part of this comprehensive study are Edy's (United States), Jolly Llama (United States), Klein's Ice Cream (United States), Happy Cow (Korea) and Frankie & Jo's, etc. (United States).
Geographic Breakdown and Segment Analysis
The Global Vegetable Popsicle market presents a comprehensive analysis of the Vegetable Popsicle market by product type (Vegan, Gluten-free and Other), by end-user/application (Residential and Commercial), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Vegetable Popsicle industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Vegetable Popsicle market
Analyst at AMA have segmented the market study of Global Vegetable Popsicle market by Type, Application and Region.
Influencing Trend:
Awareness Regarding Low Fat and Nutrition-Based Desserts.
Market Growth Drivers:
Rapid Urbanization has Made it Convenient to Reach More Customers Through Specialized Stores, Supermarkets, and More.
Challenges:
A Large Number of Substitutes and Entry of New Players.
Restraints:
The High Amount of Sugar Content can Affect Market Growth.
Opportunities:
The Rise in the Number of Obesity and Health-Related Issues is Making People Shift Toward Healthy Diet and Lifestyle Choices.
Market Developments Activities:
In September 2022, Zaxby’s, a US fast-food chain offering chicken wings, sandwiches and salads, has partnered with popsicle brand Frios to introduce sauce-flavoured popsicles. The frozen product will feature two of Zaxby’s well-known sauces
In March 2023, Unilever introduces the first "sweet and sour" popsicle. It is called Twister Fruit Zingerrr and has just been launched by Wall's, the British brand of Italian Algida (whose Viennetta, Magnum and Cornetto it markets overseas) owned by the British giant.
Regulatory Insights:
The Federal Food, Drug, and Cosmetic Act (FD&C Act) give us the authority to require nutrition labeling on most packaged foods we regulate. Specifically, section 403(q) (1)(A)(i) of the FD&C Act (21 U.S.C. 343(q)(1)(A)(i)) requires, with certain exceptions, that food that is intended for human consumption and offered for sale bear nutrition information that provides a serving size that reflects the amount of food customarily consumed and is expressed in a common household measure that is appropriate to the food.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
Frozen dessert manufacturer, Vegan food manufacturer, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others