Market Snapshot:
Ice cream and frozen dessert is one demanding trend in frozen beverage industry. With the increase in the consumer goods industry, this industry is having huge growth potential in years. In this COVID-19 pandemic, companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closing of commercial activities that resulted in operational challenges.
Highlights from Ice Cream and Frozen Dessert Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 20.3% |
The key Vendors profiled in the report are The Kraft Heinz Company (United States), European Freeze Dry (England), Van Drunen Farms (United States), Mercer Foods (United States), OFD Foods (United States), Häagen-Dazs (United States), Magnum (Belgium), Unilever (United Kingdom), Yili (China) and Mengniu (China). Additionally, other players that are part of this comprehensive study are Friendly's (United States), Ben & Jerry's (United States) and Meiji (Japan).
Geographic Breakdown and Segment Analysis
The Global Ice Cream and Frozen Dessert market presents a comprehensive analysis of the Ice Cream and Frozen Dessert market by product type (Ice Cream and Frozen Dessert), 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 Ice Cream and Frozen Dessert 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 Ice Cream and Frozen Dessert market
Analyst at AMA have segmented the market study of Global Ice Cream and Frozen Dessert market by Type, Application and Region.
Influencing Trend:
Rising Demand of Additive-Free and Natural Food Products and Technology Development in the Food Processing Industry
Market Growth Drivers:
Growing Demand for Freeze Dried Fruits and Increase In Penetration Rate of B&M Formats Counting Haymarket, and Many Other Convenience Stores
Challenges:
Lack of Manpower Required for the Production
Restraints:
Changing Raw Material Prices
Opportunities:
Increased Disposable Income and Increasing Promotional Activities is Boosting the Market
Market Developments Activities:
In August 2018,Hindustan Unilever Ltd (HUL) today said it has signed an agreement with Vijaykant Dairy and Food Products Ltd (VDFPL) and its group company acquire the Aditya milk ice cream
In Feb 2020, So Delicious announced the expansion of the oat milk frozen desserts with its new oat to its flavor segment. Through this initiative, the company aims to gain a major share in the frozen dessert industry.
The Manufacturers are operating in the market are exploring their footprint in new geographical regions and also heavily investing in business growth strategies such as mergers & acquisitions, expansions, investments, new service launches, and others. The market key players are exploring new market opportunity areas through expansions and acquisitions across the globe to avail a competitive advantage through combined synergies.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Atrial Fibrillation Surgery Manufacturers, Suppliers and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries