| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 101.86 Billion |
| Market Size (2030) | USD 124.82 Billion |
| CAGR (2025 - 2030) | 4.15% |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Frozen Desserts Market Analysis
The Frozen Desserts Market size is estimated at USD 101.86 billion in 2025, and is expected to reach USD 124.82 billion by 2030, at a CAGR of 4.15% during the forecast period (2025-2030).
In recent years, numerous innovative products have been launched in the frozen bakery and desserts category. Consumers are paying more attention to their health and wellness. This has resulted in the emergence of innovative flavors and low-fat, gluten-free products. Increasing demand for low-sugar and low-calorie desserts is expected to drive the market's growth. Innovation in products, flavors, and packaging has proven to be a crucial growth factor. Ice cream and frozen yogurts are gaining popularity among consumers due to product convenience and time-saving factors. For instance, in April 2024, CitraPac added a new line of frozen yogurt dessert products under its Nature’s Premium label. The company’s Dessert Pearls feature a yogurt pearl base mixed with various texture and flavor ingredients, such as shortbread cookie crumbles in its cookies and cream flavor or strawberries in its strawberry cheesecake flavor.
Furthermore, the demand for gluten-free, clean-label products is increasing due to their health benefits and different allergies. Gluten-free frozen desserts are widely accepted in the United States, Europe, and other developing countries. The market is being driven by rising disposable incomes, the introduction of new flavors, increasing impulse purchasing, and a huge demand for frozen desserts among consumers globally. Ice creams emerged as the leading product category. The factors affecting the market's growth are flavors, fat content, sweetness, and texture.
Frozen Desserts Market Trends
Increasing Demand for Ice Cream
Ice cream is the most widely consumed dairy dessert globally, with strong penetration across different countries. The market’s growth is attributed to the rising consumer preference for premium ice creams, the growing popularity of intercontinental flavors, and manufacturers' latest product innovations. Key brands are experimenting with new products, such as sugar-free or low-sugar ice creams and reduced or medium-fat ice creams, which are estimated to drive the market’s growth during the forecast period. Ben & Jerry's offers a range of ice creams with 60-70% less fat and 35% fewer calories.
Moreover, with the consistency in product innovation, consumers significantly prefer these desserts. According to the Processed Food Industry, Indians consume 400 ml of ice cream per person, and the United States and China consume 22,000 ml and 3,000 ml, respectively. The industry has significant growth potential due to the country's expanding cold chain infrastructure and production of broad ice cream flavors. Indian consumers prefer trying new or different varieties when purchasing ice cream products, such as classic and fruity flavors, to hold consumer appeal, with consumers curious to experiment with new flavors.
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Asia-Pacific is the Fastest Growing Market
The increasing demand for frozen desserts has led to significant growth in the number of ice creams and frozen dessert retail shops in Asian countries like China. Frozen desserts are bound to succeed in the Chinese market, as the increasing demand for low-fat, healthy food encourages people to spend more on these products. A vast population, a prominent young generation, increasing disposable incomes, and changes in dining habits are the major factors supporting this region's frozen desserts market. Frozen desserts on sticks have gone viral in China due to convenience. Considering the market demand, in July 2022, Zibo City, in East China's Shandong province, started innovative new ice cream bars in different shapes, like cave dwellings, copper coins, and tigers.
Furthermore, India is also one of the fastest-growing frozen industries due to product innovations. Indian manufacturers are innovating ice creams in different local flavors like gulab jamun and rose. Because of these product innovations, the eagerness to try different flavors in dessert ice cream has increased in Indian households. Also, the demand for natural ingredients in ice creams is increasing, and market players are fulfilling the demands of consumers. For instance, in April 2024, Havmor, an ice cream brand owned by LOTTE Wellfood Co. Ltd, introduced a new range of ice cream flavors ahead of the summer heatwave. Flavors include shahi kesar, rajwadi kulfi, rose, Ratnagiri hapus (mango), jaljeera and kalakhatta ice candy, cookies n cream cone, ice cream sandwich, and blueberry cheesecake. The brand emphasizes innovation to cater to evolving consumer preferences, offering a selection of flavors that blend classics with innovative twists for a delightful experience.
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Frozen Desserts Industry Overview
The frozen desserts market is highly fragmented and comprises regional and international competitors. The market is dominated by players like Unilever PLC, Nestlé SA, General Mills, and Fonterra Co-operative Group. Leading players in the frozen desserts market enjoy a dominant presence across the world. These players focus on leveraging opportunities emerging markets pose to expand their product portfolios to cater to the requirements of various product segments, especially ice cream. Companies compete on different factors, including product offerings, quality, taste, flavors, price, functionality, size, packaging, and marketing activities, to gain a competitive advantage in the market.
Frozen Desserts Market Leaders
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General Mills Inc.
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Fonterra Co-operative Group
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Meiji Holdings Co. Ltd
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Nestlé S.A.
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Unilever PLC
- *Disclaimer: Major Players sorted in no particular order
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Frozen Desserts Market News
- April 2024: Magnum, an ice cream brand of Unilever PLC, expanded its business by introducing unique ice cream flavors in the market. Magnum Vegan Chill Blueberry Cookie is a vegan ice cream stick that combines vanilla biscuit-flavored ice cream, a blueberry sorbet core, and crunchy cookie pieces, all covered in rich vegan chocolate. The ice cream is made with 100% sustainable cocoa beans certified by the Rainforest Alliance, and the vanilla is sustainably produced in Madagascar.
- March 2024: Arun Ice Creams was named the official ice cream partner for Sunrisers Hyderabad for the T20 Cup 2024 season.
- October 2022: Kwality Walls, a Hindustan Unilever brand, launched Gulab Jamun flavored ice cream in India for the festive season. The gulab jamun flavored ice cream contains an exotic taste of mithai in addition to fruits and nuts.
Frozen Desserts Industry Segmentation
Frozen desserts are made by freezing liquids, semi-solids, and sometimes even solids. They may be based on flavored water, fruit purées, milk and cream, custard, and mousse. Most of these products are prepared from dairy products, such as milk and cream.
The frozen desserts market is segmented by type, distribution channel, and geography. By type, the market is segmented into frozen yogurt, ice cream, frozen cakes, and other types. By distribution channel, the market is segmented into supermarkets and hypermarkets, convenience stores, specialist stores, and other distribution channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East and Africa. The market sizing has been done in value (USD) for all the abovementioned segments.
| Type | Frozen Yogurt | ||
| Ice Cream | |||
| Frozen Cakes | |||
| Other Types | |||
| Distribution Channel | Supermarkets/Hypermarkets | ||
| Convenience Stores | |||
| Speciality Stores | |||
| Other Distribution Channels | |||
| Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Spain | ||
| United Kingdom | |||
| Germany | |||
| France | |||
| Italy | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| Japan | |||
| India | |||
| Australia | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle East and Africa | South Africa | ||
| Saudi Arabia | |||
| Rest of Middle East and Africa | |||
Type
| Frozen Yogurt |
| Ice Cream |
| Frozen Cakes |
| Other Types |
Distribution Channel
| Supermarkets/Hypermarkets |
| Convenience Stores |
| Speciality Stores |
| Other Distribution Channels |
Geography
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Spain |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| India | |
| Australia | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| Rest of Middle East and Africa |
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Frozen Desserts Market Research FAQs
How big is the Frozen Desserts Market?
The Frozen Desserts Market size is expected to reach USD 101.86 billion in 2025 and grow at a CAGR of 4.15% to reach USD 124.82 billion by 2030.
What is the current Frozen Desserts Market size?
In 2025, the Frozen Desserts Market size is expected to reach USD 101.86 billion.
Who are the key players in Frozen Desserts Market?
General Mills Inc., Fonterra Co-operative Group, Meiji Holdings Co. Ltd, Nestlé S.A. and Unilever PLC are the major companies operating in the Frozen Desserts Market.
Which is the fastest growing region in Frozen Desserts Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Frozen Desserts Market?
In 2025, the North America accounts for the largest market share in Frozen Desserts Market.
What years does this Frozen Desserts Market cover, and what was the market size in 2024?
In 2024, the Frozen Desserts Market size was estimated at USD 97.63 billion. The report covers the Frozen Desserts Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Frozen Desserts Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Page last updated on: August 12, 2024
Frozen Desserts Industry Report
Statistics for the 2025 Frozen Desserts market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Frozen Desserts analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
