The Asia Pacific Frozen Dessert Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market’s volume surged to 4,397.8 Kilo Tonnes, showcasing a growth of 6.4% (2019-2022).
Many specialty dessert shops cater to health-conscious consumers by offering healthier alternatives. They may provide low-fat frozen yogurt, dairy-free options, and a selection of fresh fruit toppings, appealing to those seeking a lighter dessert option. To keep their menus new and exciting, specialty dessert shops often introduce seasonal and limited-time flavors and toppings. This encourages repeat visits and generates buzz among customers. These shops can serve as community gathering places, attracting families, friends, and individuals looking for a social outing. Some shops offer seating areas, board games, and events to create a welcoming atmosphere.
Furthermore, companies are increasingly focusing on ingredient innovation. This involves sourcing high-quality, premium ingredients and incorporating them into frozen desserts. Examples include using real fruit purees, organic dairy, fair-trade chocolate, and locally sourced ingredients. To cater to health-conscious consumers, there is a continuous effort to develop healthier frozen dessert alternatives. This includes low-fat, low-sugar, and reduced-calorie options and those made with non-dairy alternatives like almond, coconut, or oat milk.
As China’s middle class expands, more people have disposable income for indulgent and premium food products, including frozen desserts. This has created a larger customer base for the frozen dessert market. The younger generation is increasingly seeking novel and experiential dining options. Frozen desserts, with their wide range of flavors and customizable options, provide an exciting and Instagram-worthy experience. While consumers seek indulgent treats, there’s also a growing demand for healthier frozen dessert alternatives. Brands are responding by offering low-sugar, low-fat, dairy-free, and fruit-based options to cater to health-conscious consumers. China’s exposure to international cuisines and flavors has sparked interest in foreign frozen dessert offerings. For example, Western-style ice cream, gelato, and frozen yogurt have gained popularity in urban areas. Therefore, all these factors will help propel the market in the Asia Pacific region.
The China market dominated the Asia Pacific Frozen Dessert Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $13,049.4 Million by 2030. The Japan market is exhibiting a CAGR of 5.8% during (2023 - 2030). Additionally, The India market would experience a CAGR of 7.2% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Cafe & Bakery Shops, Online, Convenience Stores, and Others. Based on Product, the market is segmented into Ice Cream, Frozen Yogurt, Confectionary & Candies, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nestle S.A, Unilever PLC, General Mills, Tyson Foods, Inc., Kellogg Company, China Mengniu Dairy, 16 Handles, Bassetts Ice Cream, Berkshire Hathaway, Inc. and Inspire Brands, Inc.
Scope of the Study
Market Segments covered in the Report:
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Supermarket/Hypermarket
- Cafe & Bakery Shops
- Online
- Convenience Stores
- Others
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
- Ice Cream
- Frozen Yogurt
- Confectionary & Candies
- Others
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Companies Profiled
- Nestle S.A
- Unilever PLC
- General Mills
- Tyson Foods, Inc.
- Kellogg Company
- China Mengniu Dairy
- 16 Handles
- Bassetts Ice Cream
- Berkshire Hathaway, Inc.
- Inspire Brands, Inc.
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