Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 33.14 Billion | USD 49.50 Billion | CAGR at 4.68% | 2023 |
According to the report published by Zion Market Research, the global U.S. Frozen Desserts Market size was valued at USD 33.14 Billion in 2023 and is predicted to reach USD 49.50 Billion by the end of 2032. The market is expected to grow with a CAGR of 4.68% during the forecast period. The report analyzes the global U.S. Frozen Desserts Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the U.S. Frozen Desserts Market industry.
Frozen desserts include ice cream, yogurt, and many others. They are referred to as deserts that are required to be stored below the freezing point of water. Frozen desert utilizes vegetable fats like palm oil or edible vegetable oil in place of milk fat to make it healthy with low saturated fat and no cholesterol. These desserts are procured by freezing semi-solids, liquids, and sometimes even solids.
One of the major factors that are driving the growth of the U.S. frozen desserts market is the growing concern among consumers regarding their health. Moreover, nowadays people want to consume products which are healthy and delicious. There is significant growth in the spending of consumers on dessert products which is a key factor that is driving the growth of the U.S. frozen desserts market. Moreover, there is a transforming lifestyle pattern among the consumers to have desserts like ice creams post-dinner which in turn is rapidly substituting the traditional desserts with a lower shelf-life with the frozen desserts. Top manufacturers in the US are striving hard to build a loyal and robust customer base to expand their market share.
Moreover, the companies are focusing on expanding their product portfolio to cater to the fast-growing demand from consumers. Moreover, there is a growing trend of consuming cappuccino, mocha, cocoa, rooibos tea, and many other tropical flavors among the consumers which is likely to boost the growth of the U.S. frozen desserts market. However, apart from these flavors, chocolate and vanilla are the most preferred flavors in the US frozen dessert market. Manufacturers are boosting their funding to increase the research and development activities to launch new products with improved shelf-life. Such efforts by manufacturers are likely to positively shape the trajectory of the U.S.
frozen desserts market during the forecast period. The emerging startups are focusing on launching healthy dessert options to attract consumers and simultaneously increase their market share in the U.S. frozen desserts market.
The U.S. frozen desserts market can be segmented into distribution channels, type, product and region.
By distribution channel, the market can be segmented into online & D2C, gas stations & convenience stores, eateries & specialty shops, and supermarkets. The gas stations & convenience stores segment dominates the U.S. frozen desserts market due to the wide availability and shopping convenience associated with them.
By type, the market can be segmented into dairy and vegan.
By product, the market can be segmented into sweet, candy & chocolate, fruit puree & water-based frozen desserts, cake & pastry, ice cream & gelato, frozen yogurt, and others. The ice-cream & gelatin segment holds the largest share in the U.S. frozen desserts market.
Report Attributes | Report Details |
---|---|
Report Name | U.S. Frozen Desserts Market Research Report |
Market Size in 2023 | USD 33.14 Billion |
Market Forecast in 2032 | USD 49.50 Billion |
Growth Rate | CAGR of 4.68% |
Number of Pages | 201 |
Key Companies Covered | Dairy Farmers of America, Inc., Cold Stone Creamery, DD IP Holder LLC, Tofutti Brands, Inc., Windward Brands LLC, Wells Enterprises, Inc., Blue Bell Creameries, Froneri International Limited, Nestlé, and Unilever. |
Segments Covered | By Distribution Channels, By Type, By Product and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The US market is characterized by the presence of prominent market players that are adopting various strategies to boost their market share in the U.S. frozen desserts market. This, in turn, will help North America to witness huge growth during the forecast period due to the presence of a strong consumer base and vast distribution network in the region.
Some of the significant players in the U.S. frozen desserts market are:
By Distribution Channels
By Type
By Product
What Reports Provides
FrequentlyAsked Questions
One of the major factors that are driving the growth of the U.S. frozen desserts market is the growing concern among consumers regarding their health. Moreover, nowadays people want to consume products which are healthy and delicious. There is significant growth in the spending of consumers on dessert products which is a key factor that is driving the growth of the U.S. frozen desserts market.
Some of the significant players in the U.S. frozen desserts market are Dairy Farmers of America, Inc., Cold Stone Creamery, DD IP Holder LLC, Tofutti Brands, Inc., Windward Brands LLC, Wells Enterprises, Inc., Blue Bell Creameries, Froneri International Limited, Nestlé, and Unilever.
The US market is characterized by the presence of prominent market players that are adopting various strategies to boost their market share in the U.S. frozen desserts market. This, in turn, will help North America to witness huge growth during the forecast period due to the presence of a strong consumer base and vast distribution network in the region.
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