In the world economic growth, the Ice creams & Frozen Desserts industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Ice creams & Frozen Desserts market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Ice creams & Frozen Desserts market size will be further expanded, we expect that by 2024, The market size of the Ice creams & Frozen Desserts will reach XXX million $.
Overview
Ice cream is a sweetened frozen food that is consumed after a meal is served or eaten as a snack. It is made from dairy milk or cream and is flavored with sweeteners, spices such as cocoa or vanilla, with added coloring and stabilizers. The frozen dessert is a dessert made with freezing liquids, which is based on flavored water, fruit purée, custard, mousse, etc. The global ice creams & frozen desserts market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global ice creams & frozen desserts market is expected to witness significant growth during the forecast period, owing to rising trend of consuming frozen dessert after a meal as an effective digestive product.
Market Driver
Increasing disposable incomes and introduction of new flavors in ice creams and frozen desserts are expected to drive growth of the global ice creams & frozen desserts market during the forecast period. In the recent past, disposable income has increased significantly, especially in emerging economies such as China, India, and Brazil. Moreover, ice cream & frozen dessert producers are offering innovative flavors in their products including banana peanut butter chip, blackberry hibiscus, brown bourbon truffle, etc. Thus, these factors are expected to support the market growth over the forecast period. Furthermore, advent of innovative packaging methods is expected to propel the global ice creams & frozen desserts market growth over the forecast period.
Market Restraints
Increasing health concerns such as obesity and diabetes arising due to consumption of ice cream and frozen desserts are expected to hamper the global ice creams & frozen desserts market over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global ice creams & frozen desserts market during the forecast period. This is owing to introduction of low fat and sugar-free products in the region. Moreover, Asia Pacific is expected to register a lucrative growth rate over the forecast period, owing to high consumption of ice creams and flavored frozen yogurts in the region.
Competitive Section
Key players operating in the global ice creams & frozen desserts market are Bulla Dairy Foods, Yili Industrial Group Co Ltd, Arla Foods UK Plc., Unilever Group, China Mengniu Dairy Co Ltd, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), Nestle SA, Ezaki Glico Co ltd, Meiji Co Ltd, General Mills Inc., and Lotte Confectionery Co Ltd.
Key companies in the market are focused on mergers and acquisitions, in order to enhance the market presence. For instance, in December 2018, Yili Industrial Group Co Ltd, a China-based dairy products company, acquired Chomthana CO., LTD., a Thailand-based ice cream company and entered into Thai market.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
Bulla Dairy Foods
Arla Foods UK Plc.
China Mengniu Dairy Co Ltd
Ezaki Glico Co ltd
Dairy Farmers of America Inc.
General Mills Inc.
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF)
Lotte Confectionery Co Ltd
Meiji Co Ltd
Nestle SA
Unilever Group
Yili Industrial Group Co Ltd
Section 4: 900 USD——Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Ice Cream
Frozen Custard
Frozen Yoghurt
Sorbet
Industry Segmentation
Supermarkets and Hypermarkets
Independent Retailers
Convenience Stores
Online Retailers
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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