Market Size of Global Dessert Mixes Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.70 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Dessert Mixes Market Analysis
The dessert Mixes Market is projected to register a CAGR of 7.7 % during the forecast period, 2022-2027.
Convenient foods have grown in popularity, particularly among working families, youngsters, and people who live in hostels, because they require less time to prepare any type of food at home. Furthermore, rising consumable income levels in developing countries have allowed people to spend freely on satisfying their taste buds, increasing in demand for dessert mixes. Traditional desserts like gulab jamun, kulfi, and Falooda, to name a few, are becoming more and more popular. However, contemporary chefs prefer quick and simple methods over more time-consuming traditional ones, which has led them to adopt instant dessert mixes like gulab jamun mix and Falooda mix, among others. Thus, with the rising consumption of sweets over the world the market is expected to gain momentum during the forecast period.
In short term, The pandemic situation has prompted brand manufacturers to enhance their online presence and collaborate with domestic suppliers to increase their consumer base because more people are familiar with the widespread online ordering and home delivery choices. Additionally, desserts have typically been considered an afterthought, but as more dessert-specific websites and online grocery stores with a variety of dessert products have popped up, they are quickly replacing pub gatherings as the preferred option for young people looking to meet friends and for consumers looking for a treat after months of restriction.
