Frozen desserts are primarily consumed after dinner or meal or served as a refreshment. Frozen dessert is made up of milk or frozen water or others with combined of fruits, sweeteners, milk, or other ingredients for different flavors and taste. Increasing inclination of people towards sweet dishes is expected to drive the frozen dessert market growth over the forecast period.
However, increasing health concerns regarding the risk associated with the consumption of fat content and chilled products is estimated to hamper the growth of the market over the forecast period.
Product segment includes frozen yogurt, ice cream, tofu, cake & pastries, confectionery, and others. Frozen yogurt is expected to witness highest growth rate over the forecast period. Several health benefits associated with the consumption of frozen yogurt coupled with the increasing number of flavors availability is expected to drive the market growth over the forecast period. Low-fat yogurt is a good source of calcium and is promoted by various health and nutrition organization.
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Based on the region the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in the Asia Pacific is estimated to be fastest growing region. Increasing demand for frozen desserts in India, China, Japan, and Australia is expected to fuel the market growth in the region. Presence of a large number of manufacturers in the region is expected to have a positive impact on the market growth. Changing lifestyle and increasing disposable income of the people in the region is expected to drive the frozen dessert market.
Key players operating in the global frozen dessert market include Nestle S.A, Sara Lee Desserts, Baskin-Robbins, Sweet Street Desserts, Inc., General Mills, Inc., Ben & Jerry’s Homemade Holdings Inc., Well Enterprise, Kraft Foods Group Inc., Deiorio Foods, Inc., and Lantmannen Unibake USA, Inc.