Comprehensive Analysis of the Frozen Desserts Market Size and Share by 2031
The global Frozen Desserts Market is poised for remarkable expansion over the coming years, with Kings Research projecting significant growth through 2031. Driven by evolving consumer preferences, rising health consciousness, and the growing popularity of vegan and lactose-free products, the frozen desserts sector is transforming into one of the most dynamic segments within the food and beverage industry.
Market Overview
According to Kings Research, the Frozen Desserts Market was valued at USD 96.8 billion in 2023 and is expected to reach USD 162.2 billion by 2031, growing at a CAGR of 6.7% during the forecast period. Frozen desserts, which encompass ice creams, frozen yogurt, sorbets, gelatos, and other chilled treats, are gaining popularity worldwide as consumers seek indulgence, convenience, and variety. The rising disposable income in emerging economies, coupled with the influence of Western eating habits, is fueling the adoption of frozen desserts across diverse demographics.
Key Trends Shaping the Market
One of the most prominent trends in the frozen desserts market is the shift toward health-conscious and plant-based options. As awareness of lactose intolerance, dairy allergies, and vegan lifestyles increases, manufacturers are innovating with dairy-free alternatives made from almond milk, coconut milk, soy milk, and oat milk. These non-dairy variants are not only catering to dietary restrictions but also appealing to environmentally conscious consumers.
Another trend gaining momentum is the introduction of functional ingredients in frozen desserts. Products enriched with probiotics, added fiber, protein, or reduced sugar are seeing higher demand as consumers prioritize wellness without compromising on taste. Additionally, premiumization is on the rise, with consumers willing to pay more for gourmet flavors, artisanal quality, and exotic ingredient combinations.
The rise of online grocery shopping and food delivery platforms has also contributed to the frozen desserts market's growth. E-commerce channels are offering convenience and variety to consumers, enabling companies to reach wider audiences and experiment with direct-to-consumer models.
Market Demand and Driving Factors
Several factors are fueling the robust demand in the frozen desserts market. First and foremost is the growing consumer inclination toward indulgence and comfort food, particularly in post-pandemic times. Frozen desserts offer a sense of pleasure and escapism, which resonates with the emotional needs of consumers during uncertain periods.
Urbanization and a fast-paced lifestyle have led to increased consumption of ready-to-eat and convenient food products, including frozen desserts. Additionally, the rising number of quick-service restaurants (QSRs), cafes, and specialty dessert outlets is supporting the demand for frozen treats globally.
The expansion of retail infrastructure, especially in developing countries like India, Brazil, and Indonesia, has enabled greater accessibility to frozen desserts. Supermarkets, hypermarkets, and convenience stores are increasingly stocking an assortment of frozen dessert options, catering to both traditional and modern palates.
Market Dynamics
The frozen desserts market is characterized by intense competition, product innovation, and shifting consumer preferences. Manufacturers are continuously innovating to differentiate their offerings, focusing on unique flavor profiles, sustainable packaging, and clean-label products to appeal to health- and environment-conscious consumers.
However, challenges such as cold chain logistics, storage requirements, and fluctuating raw material costs persist. Maintaining quality and shelf-life in varying climatic conditions remains a critical issue, particularly in regions with underdeveloped infrastructure.
Moreover, seasonal variations impact sales volumes, with demand typically peaking in the summer months and declining in winter. Companies are now strategizing on offering frozen dessert options that are positioned as year-round treats, through festive-themed packaging and marketing campaigns.
Future Outlook
The future of the frozen desserts market appears promising, with multiple growth avenues opening up. Innovation in plant-based technology, including the use of pea protein, aquafaba, and other novel ingredients, is expected to drive the development of next-generation frozen desserts that replicate the creamy texture of dairy-based products.
There is also growing potential in personalized and functional frozen desserts, such as those tailored to dietary needs like keto, low-glycemic, and high-protein diets. Advances in food technology and ingredient processing will enable customization at scale, offering an edge to players who can balance health with indulgence.
In addition, sustainable packaging and eco-conscious production methods will become standard expectations rather than differentiators. Brands that invest in reducing their carbon footprint and promoting ethical sourcing will be better positioned to gain consumer loyalty in the long run.
Key Players in the Market
The global frozen desserts market is fragmented, with several major players dominating alongside numerous regional and artisanal brands. According to Kings Research, key players contributing to the growth of this market include:
-
Unilever Plc
-
Nestlé S.A.
-
General Mills, Inc.
-
Mars, Incorporated
-
Lactalis Group
-
Blue Bell Creameries
-
Breyers (Unilever)
-
Danone S.A.
-
Häagen-Dazs (Nestlé)
-
Mother Dairy Fruit & Vegetable Pvt Ltd
These companies are investing heavily in product innovation, strategic partnerships, acquisitions, and brand diversification to strengthen their foothold. For instance, Unilever has launched several dairy-free variants under its Magnum and Ben & Jerry's brands, targeting the growing vegan and flexitarian demographic.
Market Segmentation
Kings Research segments the frozen desserts market based on product type, distribution channel, and region.
-
By Product Type:
-
Ice Cream
-
Frozen Yogurt
-
Sorbet & Sherbet
-
Gelato
-
Others
-
Among these, ice cream remains the dominant product segment, accounting for the largest revenue share, while frozen yogurt and plant-based gelato are gaining rapid traction due to perceived health benefits.
-
By Distribution Channel:
-
Supermarkets & Hypermarkets
-
Convenience Stores
-
Online Retail
-
Foodservice Outlets
-
Supermarkets and hypermarkets currently lead the market owing to their wide product availability and promotional offerings. However, online retail is emerging as the fastest-growing segment, particularly in urban areas.
Recent Developments
The frozen desserts industry has witnessed numerous strategic developments that underscore its dynamic nature. Key recent moves include:
-
In 2024, Nestlé announced the expansion of its dairy-free frozen dessert lineup under Häagen-Dazs, incorporating oat milk and cashew-based options.
-
Unilever, in early 2025, unveiled its commitment to sustainable refrigeration across its global cold chain operations, aligning with its sustainability goals.
-
Danone entered a strategic partnership with a plant-based ingredient startup to develop next-generation probiotic frozen desserts targeting gut health.
-
General Mills introduced limited-edition seasonal flavors under its Yoplait frozen yogurt range to boost year-round consumption.
-
Local brands in Asia-Pacific have launched affordable, fruit-based frozen desserts tailored to regional taste preferences, capturing market share from multinational giants.
These initiatives reflect the ongoing transformation of the frozen desserts market toward health, sustainability, and experiential indulgence.
Regional Analysis
Regionally, North America currently holds the largest share in the global frozen desserts market, driven by high per capita consumption, strong brand presence, and continuous product innovation. The U.S. is a key contributor, with consumers showing strong interest in dairy-free and functional frozen treats.
Europe follows closely, with countries like the UK, Germany, and France demonstrating rising demand for artisanal and gourmet frozen desserts. The region’s focus on clean-label and organic offerings is pushing manufacturers to rethink formulations and sourcing.
The Asia-Pacific region is projected to witness the fastest growth during the forecast period, spurred by rapid urbanization, rising incomes, and the influence of Western dietary trends. Countries such as China, India, and Japan are emerging as key markets, with local players offering innovative, affordable products that cater to regional tastes.
Latin America and the Middle East & Africa are also expected to grow steadily, supported by improving retail infrastructure, growing middle-class populations, and increasing consumer awareness of frozen dessert options.
Conclusion
In conclusion, the frozen desserts market is undergoing a significant transformation as consumers prioritize indulgence, health, and sustainability. Kings Research forecasts a robust trajectory for the industry through 2031, with innovations in plant-based, functional, and premium products driving growth. Companies that can effectively tap into shifting preferences, maintain supply chain resilience, and invest in branding and digital distribution will emerge as leaders in this evolving market landscape.
With increasing competition and demand for high-quality, ethical, and diverse frozen treats, the future of frozen desserts is not only bright—but deliciously dynamic.
Get Full Detailed PDF Report- https://www.kingsresearch.com/frozen-desserts-market-413
What's Your Reaction?
