U.S. Frozen Desserts Market was valued at $33.14 B in 2023, and is projected to reach $USD 49.50 B by 2032, at a CAGR of 4.68% from 2023 to 2032.

The North America Frozen Desserts Market is segmented by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.

The U.S. Frozen Dessert Market size was valued at USD 32.11 billion in 2023 and is projected to reach USD 43.99 billion by 2032, exhibiting a CAGR of 4.6 % during the forecasts period.

The Frozen Dessert Market is Segmented by Product Type (Frozen Yogurt, Ice Cream, Frozen Cakes and Pastries, and Other Types), Category (Conventional and Organic), Packaging Format (Tubs/Pints, Bars/Sticks, and More), Distribution Channel (Foodservice/HoReCa and Retail), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Global frozen dessert sales are valued at USD 120 billion and are projected to reach USD 216.9 billion by 2035, expanding at a CAGR of 6.1%.

North America Frozen Desserts Market is projected to reach USD 70.0 billion by 2032, growing at a CAGR of 3.8% from 2024-2032.

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Frozen Desserts Market Size 2024-2028

The frozen desserts market size is valued to increase USD 25.03 billion, at a CAGR of 6.62% from 2023 to 2028. Rising urbanization and changing consumer lifestyles will drive the frozen desserts market.

Major Market Trends & Insights

North America dominated the market and accounted for a 39% growth during the forecast period.
By Product - Gelato segment was valued at USD 25.50 billion in 2022
By Distribution Channel - Supermarkets and hypermarkets segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 69.03 billion
Market Future Opportunities: USD 25033.80 billion
CAGR : 6.62%
North America: Largest market in 2022

Market Summary

The market encompasses a vast array of chilled treats, including ice cream, sorbet, gelato, and frozen yogurt. This market is experiencing significant growth and transformation, driven by several key factors. Rising urbanization and changing consumer lifestyles have led to an increase in demand for convenient, on-the-go food options, boosting the popularity of frozen desserts. Another major trend is the increasing consumption of frozen yogurt as a functional food, with its perceived health benefits attracting a growing consumer base. However, the market also faces challenges, such as the rising prevalence of obesity and related diseases among consumers, leading to a growing demand for healthier dessert alternatives.
According to a recent report, frozen yogurt holds a 12% market share in the overall the market, underscoring its growing importance. With continuous innovation in core technologies, such as the use of natural ingredients and advanced production techniques, and the expansion into new applications, such as plant-based and vegan frozen desserts, the market is poised for ongoing evolution and growth.

What will be the Size of the Frozen Desserts Market during the forecast period?

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How is the Frozen Desserts Market Segmented and what are the key trends of market segmentation?

The frozen desserts industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Gelato
  Frozen novelties
  Frozen yogurt
  Sherbet and sorbet
  Others


Distribution Channel

  Supermarkets and hypermarkets
  Specialty stores
  Convenience stores
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The gelato segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth, with gelato consumption seeing a notable increase, especially among young adults seeking a refreshing treat. The convenience of family packs has driven the rise in take-home gelato consumption. In the artisan gelato sector, expansion is rapid due to rising consumer expenditures on food, intensive research and development for unique product variants, and improved product accessibility. Urbanization and increasing disposable income are also contributing factors. The frozen desserts industry anticipates continued growth, with innovation in areas such as freezing point depression for extended shelf life, flavor encapsulation, and heat transfer rate optimization.

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The Gelato segment was valued at USD 25.50 billion in 2018 and showed a gradual increase during the forecast period.

Novel ingredients, including plant-based options, are gaining popularity, necessitating sanitation protocols and process automation for production efficiency. Dairy alternatives and microbial contamination concerns are driving the need for cost optimization strategies and quality control metrics. Texture modification through techniques like crystallization control, stabilizer systems, and ingredient interactions is crucial for maintaining the desired consistency. Overrun calculation and ice cream freezing processes are essential for achieving the optimal melt rate and fat content reduction. Sensory evaluation and texture optimization through homogenization techniques are vital for consumer satisfaction. The market is continuously evolving, with ongoing research focusing on low calorie formulations, sugar reduction methods, and packaging technology.

Emulsifier selection and cost optimization strategies are essential for maintaining profitability. As market trends shift, businesses must adapt by addressing consumer preferences, improving production processes, and implementing advanced technology to stay competitive.

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Regional Analysis

North America

U.S. Frozen Dessert Market size was valued at USD 30.95 billion in 2021 and is poised to grow from USD 32.37 billion in 2022 to USD 46.39 billion by 2030, growing at a CAGR of 4.6% in the forecast period (2023-2030).

This statistic depicts the estimated size of the frozen desserts market worldwide between 2018 and 2026, with a forecast from 2021 onwards. By 2026, the global frozen dessert market is projected to be worth over ***** billion U.S. dollars.

The report covers the US Frozen Yogurt Market by Application and is segmented by Category (Dairy-based Frozen Yogurt and Non-dairy Frozen Yogurt) and by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Other Distribution Channels).

The North American frozen desserts market, encompassing ice cream, frozen yogurt, and other frozen treats, presents a compelling investment landscape. While precise market size figures for the historical period (2019-2024) are unavailable, a reasonable estimation, considering the projected growth and current market dynamics, places the 2024 market value in the range of $15-18 billion USD. This vibrant sector is driven by several key factors. The rising demand for convenient and readily available desserts, especially among millennials and Gen Z, fuels significant growth. The increasing popularity of artisanal and premium frozen desserts, featuring unique flavors and high-quality ingredients, also contributes substantially. Furthermore, strategic partnerships and product innovations from key players like Unilever, Nestle, and smaller regional brands, are driving product diversification and market expansion. The growth is propelled further by the robust online retail segment, witnessing a considerable shift in consumer preferences towards online grocery shopping and home delivery services. However, several factors act as restraints on market growth. Fluctuations in raw material prices, particularly dairy products, present a significant challenge. Growing health consciousness amongst consumers leads to increased demand for lower-sugar and healthier alternatives, requiring manufacturers to innovate and adapt. Finally, intense competition within the market necessitates consistent product innovation and effective marketing strategies to maintain market share. Market segmentation reveals that the on-trade (restaurants, cafes) and off-trade (retail stores) channels contribute significantly to market revenue, with online retail within the off-trade segment experiencing the most rapid expansion. Looking forward, the forecast period (2025-2033) indicates strong continued growth, likely driven by continued innovation in flavors, healthier options, and the expansion of e-commerce platforms. A conservative estimate, assuming a consistent CAGR (let's assume a 4% CAGR based on industry trends, this is not based on the data provided as it is missing) would place the market value at approximately $25 billion USD by 2033. Recent developments include: October 2022: Kemps replaced Dean Goods throughout Iowa as Dairy Farmers of America completed the USD 433 million acquisition of Dean Foods properties. The business took over the Le Mars milk factory, which can process numerous Kemps products, from cottage cheese to ice cream.August 2022: Dairy Farmers of America acquired two shelf-extended facilities of SmithFoods. The strategy of this acquisition was to assist the corporation in capitalizing on the market's growing demand for products with extended shelf lives.April 2022: Haagen-Dazs unveiled its new shop design with the grand opening of its location in Walnut Creek, California.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

South America Frozen Desserts Market is segmented by Product Type (Frozen Yogurt, Ice Cream, Frozen Cakes, and Others); by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Online Retailer, and Others); and by Geography.

The United States Dairy Desserts Market is Segmented by Product Type (Cheesecakes, Frozen Desserts, Ice Cream, Mousses, and Others), Packaging Type (Cups and Tubs and More), Flavor (Vanilla, Chocolate and More) and Distribution Channel (Off-Trade, On-Trade). The Market Forecasts are Provided in Terms of Value (USD) and Volume (tons).

Discover the booming frozen dessert market! This comprehensive analysis reveals key trends, growth drivers, and regional insights for ice cream, frozen yogurt, popsicles, and more, including leading brands and market projections to 2033. Explore the opportunities and challenges in this dynamic sector.

Discover the booming frozen desserts market! This comprehensive analysis reveals key trends, growth drivers, and leading companies shaping this multi-billion dollar industry, from 2019-2033. Learn about market segmentation, regional insights, and future growth projections.

Discover the booming North America frozen desserts market! This in-depth analysis reveals a CAGR of 7.13% and projects significant growth through 2033, driven by consumer demand and innovation. Learn about market size, key players (Unilever, Wells Enterprises, etc.), and future trends. Key drivers for this market are: Awareness and Extensive Promotions for Differentiated Food Ingredients, Favorable Regulatory Framework. Potential restraints include: High Processing Cost and Low Yield of Flavonoids. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Frozen Desserts Market Outlook

The global frozen desserts market size was valued at approximately USD 74.4 billion in 2023 and is projected to reach USD 105.6 billion by 2032, growing at a CAGR of 4.0% from 2024 to 2032. This growth is primarily driven by increasing consumer demand for convenient and ready-to-eat food options, along with rising disposable incomes and an expanding array of flavors and product innovations.

One of the primary growth factors for the frozen desserts market is the increasing consumer preference for indulgent food products that offer unique taste experiences. With the rise of social media and food-centric content platforms, consumers are becoming more adventurous and are seeking out novel flavors and textures. This trend is propelling manufacturers to innovate and diversify their product offerings, thereby driving market growth. Additionally, the growing trend of premiumization in the food and beverage sector has led to the introduction of high-quality, artisanal frozen desserts that appeal to affluent consumers.

Another significant driver of market growth is the expanding middle-class population in emerging economies. As disposable incomes rise in countries such as China, India, and Brazil, consumers are increasingly willing to spend on premium and gourmet frozen desserts. This demographic shift is expected to create substantial opportunities for market players in these regions. Furthermore, the growing urbanization and fast-paced lifestyles of consumers are boosting the demand for convenient and quick-to-serve dessert options, further augmenting market growth.

Health consciousness among consumers is also playing a crucial role in shaping the frozen desserts market. There is a rising demand for low-calorie, low-sugar, and plant-based frozen desserts as consumers become more aware of the impact of their dietary choices on their health. This has led to an increase in the availability of healthier alternatives, such as frozen yogurt and dairy-free ice creams, which cater to health-conscious consumers. Additionally, manufacturers are leveraging clean label and natural ingredient trends to attract this growing segment of health-focused consumers.

Retail Ice Cream has become a significant segment within the frozen desserts market, driven by its widespread availability and the convenience it offers to consumers. The retail ice cream market is characterized by a diverse range of products, from traditional flavors to innovative and exotic options, catering to a broad consumer base. The increasing demand for premium and artisanal ice cream products in retail stores reflects the consumer's desire for high-quality and indulgent experiences. Retailers are capitalizing on this trend by expanding their ice cream offerings, including non-dairy and low-calorie options, to meet the evolving preferences of health-conscious consumers. Additionally, the strategic placement of ice cream products in retail outlets, along with promotional activities, plays a crucial role in driving sales and enhancing consumer engagement.

Regionally, North America currently holds a significant share of the frozen desserts market, driven by high consumer demand and the presence of established market players. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, fueled by rapid urbanization, increasing disposable incomes, and the growing popularity of Western-style desserts. Europe also represents a large market, characterized by a strong tradition of artisanal and gourmet frozen desserts. The Middle East & Africa and Latin America are emerging markets with significant growth potential due to changing consumer lifestyles and increasing adoption of frozen desserts.

Product Type Analysis

The frozen desserts market can be segmented by product type into ice cream, frozen yogurt, gelato, sorbet, and others. Ice cream remains the most popular and dominant segment, owing to its widespread appeal and the proliferation of various flavors and formats. The segment benefits from continuous product innovation, such as the introduction of non-dairy and low-calorie ice cream options, which cater to health-conscious consumers. The versatility of ice cream in terms of flavor combinations and formats, such as cones, bars, and tubs, makes it a perennial favorite among consumers of all age groups.

Frozen yogurt is gaining traction as a healthier alternative to traditional ice cream

The South American frozen desserts market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 7.40% from 2025 to 2033. This expansion is fueled by several key factors. Rising disposable incomes across the region, particularly in burgeoning middle classes of Brazil and Argentina, are driving increased consumer spending on premium and convenient food products, including frozen desserts. The increasing popularity of artisanal ice cream and healthier options like frozen yogurt are further stimulating market growth. Moreover, the expanding retail infrastructure, including the proliferation of supermarkets, hypermarkets, and convenience stores, is enhancing product accessibility and distribution, contributing significantly to market expansion. The online retail channel is also emerging as a vital distribution avenue, catering to a growing base of digitally savvy consumers. However, the market is not without its challenges. Economic volatility in some South American countries can impact consumer spending patterns, potentially dampening market growth in certain periods. Furthermore, intense competition among established players like Nestlé, Unilever, and regional brands like Creme Mel Sorvetes and Chiquinho Ice Cream, necessitates continuous innovation and strategic marketing efforts to maintain market share. Fluctuations in raw material prices, particularly dairy products, also pose a significant threat to profitability and price stability within the market. Despite these headwinds, the long-term outlook for the South American frozen desserts market remains positive, driven by sustained consumer demand and the continuous evolution of product offerings to meet changing preferences. Notable trends are: Active Participation of Medium and Small Enterprises in Brazil.

The size of the South America Frozen Desserts Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 7.40% during the forecast period. Key drivers for this market are: The Rising Awareness of the Health Benefits Associated with Collagen Consumption, Rising Sport and Fitness Trends Drives the Market Growth. Potential restraints include: Concerns over the Source and Animal Welfare in Collagen Extraction Limit the Market Growth. Notable trends are: Active Participation of Medium and Small Enterprises in Brazil.

The ice cream and frozen dessert market is projected to reach USD 148,672.5 million by 2025 and is expected to grow to USD 306,418.7 million by 2035, reflecting a CAGR of 7.5% during the forecast period.

Country wise Insights