Global Frozen Desserts Market Poised for Significant Growth Amid Increasing Demand and Innovation

?
  • Created by: rnikambe
  • Created on: 18-07-24 10:58

The global frozen desserts market is set to experience remarkable growth in the coming years, driven by evolving consumer preferences, innovative product launches, and the expansion of distribution channels. According to recent market research, the frozen desserts market, which includes ice creams, frozen yogurt, sherbets, and other frozen treats, is projected to reach a substantial market value by 2030.

Rising Demand for Healthier and Novel Options

The global Cosmetics Market size was valued at USD 296.83 billion in 2022 and is projected to reach USD 474.00 billion by 2030, growing at a CAGR of 6.03% from 2023 to 2030. In the scope of work, the report includes products offered by companies such as Glossier, Sephora, Revlon, Kao Corporation, Shiseido Co.,Ltd., Procter & Gamble, The Estée Lauder Companies, Unilever PLC, L'Oréal GROUPE, Beiersdorf AG and Others.

Technological Advancements and Product Innovation

Innovation is at the heart of the frozen desserts market's growth. Companies are investing heavily in research and development to create unique and appealing products. Advances in food technology have enabled the development of frozen desserts with improved texture, flavor, and nutritional profiles. The introduction of novel ingredients, such as plant-based proteins and natural sweeteners, has further diversified the product offerings, attracting a broader consumer base.

Expansion of Distribution Channels

The proliferation of e-commerce platforms and the expansion of retail networks are significantly contributing to the market's growth. Online grocery shopping has surged, particularly in the wake of the COVID-19 pandemic, making frozen desserts more accessible to consumers. Additionally, supermarkets, hypermarkets, and specialty stores are expanding their frozen dessert sections, providing consumers with a wide array of choices.

Key Market Players and Competitive Landscape

The…

Comments

No comments have yet been made