The demand of frozen desserts is increasing rapidly due to the changing lifestyle and evolving dietary pattern, convenience food plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of convenience food began in western world and spread to other regions rapidly. Looking at the economic development at global level and specifically for BRIC countries, the increasing purchasing power of consumers, convenience trends are likely to remain significant. The increasing consumption of convenience food is driven by this desire to create more leisure time which means that consumers like to maximize their free time along with their disposable income and spend more time doing the things they value more.
Today, frozen dessert is commercially available in great abundance and is far beyond the concept of convenience. Socio-economic factors, demographic trends, changing dietary pattern, industrial players focusing on youth marketing considering the food habits of youth are certain factors supporting the sales of frozen dessert at the global level. Technological innovation is one of the major factors in measuring growth of frozen desserts market. Advancement in freezing technologies, innovative refrigerator displays in supermarkets, and better and faster supply chain solutions have resulted in increasing demand of frozen desserts.
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One of the recent trend in the global frozen dessert market is rising acceptance of non-dairy frozen desserts which include plant-based ice cream products, yogurt that use milk from rice, coconuts, soy, almonds, cashews, etc., as alternatives to dairy milk. The growth of the non-dairy frozen desserts is attributed to the increasing incidence of lactose intolerance across the globe. People who are lactose intolerant lack enzyme (lactase) in their small intestine to break down all of the lactose consumed. Low fat frozen desserts are becoming very popular among the consumers due to the increasing awareness of fitness.
Major Key Players:
The key players profiled in global frozen dessert market report include- Gilfi, Cool Delight Desserts Ltd, Hiland Diary, Byrne Dairy, Nestle, Edys, Unilever, Wells Enterprises, Blue Bell And Ben & Jerry’s,
Latest Industry Updates:
October 2017 Blue Bell Creameries launched cookie flavor frozen ice-cream
June 2017 Coca- Cola launched frozen desserts in India in order to cater the increasing demand of frozen desserts
May 2017 Unilever introduced new non-dairy line ice-cream under the brand name of Klondike and MAGNUM Ice-cream
Jan 2017 Nestle S.A. has come up with a collaboration with Hostess Brands, LLC to launch frozen novelties and ice-cream
Reasons to buy:
This report contains detailed study and analysis of frozen dessert. It encompasses market segmentation of frozen dessert by type and ingredient. Globally, it helps in identifying key frozen dessert suppliers and consumers. The report will help in investments for the frozen dessert and allied companies providing details on the fast growing segments and regions. In addition, it will provide the frozen dessert companies to improve profitability by using supply chain strategies, cost effectiveness of various products mentioned in the report.
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The market for Global Frozen Dessert Market is segmented on the basis of type and by ingredient; on basis of type- flavored liquid, fruit juice, milk & cream, mousse, and others. On basis of ingredients- dairy based, non-dairy based fruits, gelatos, and others.
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