Market Size of South America Frozen Desserts Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 7.40 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South America Frozen Desserts Market Analysis
South America Frozen Desserts Market is projected to grow at a CAGR of 7.4% during the forecast period 2020-2025.
- In South America, the frozen desserts market is being driven by rising disposable incomes, the introduction of new flavors, increasing impulse purchasing, and huge demand for frozen desserts products among consumers.
- Moreover, the growing demand for ice-creams with 'natural' and 'functional' claims is exhibiting strong growth in metropolitan countries. Manufacturers are using effective marketing strategies through digital platforms, mobile apps and social media platforms such as twitter in these emerging markets and are introducing new flavors to drive the consumption and create new customer acquisition.
