Non-Dairy Frozen Desserts Market Share, Competitive Landscape, Growth Factors, Revenue Analysis To 2020-2027


The global Non-Dairy Frozen Desserts Market 2020 is projected to grow with a significant growth rate of 6.15% over the review period and surpass a market value of USD 2,150.2 Million by the end of 2027.

.

Market Scenario

The global Non-Dairy Frozen Desserts Market 2020 is projected to grow with a significant growth rate of 6.15% over the review period and surpass a market value of USD 2,150.2 Million by the end of 2027.

Market Highlights

Consumers are increasingly moving from heavy dairy-based to non-dairy-based frozen desserts that are fueling global demand for the food. Many of the frozen sweets have a reputation for being rich in sugar and calories, but a dramatic trend in market preference has been noted in recent years as consumers concentrate on fitness and well-being.

Other reasons driving the growth of the non-dairy frozen dessert market share are the increasing demand for plant-based items and vegan diet patterns. In addition, these items are ideal for lactose-intolerant persons. In addition, non-dairy frozen desserts such as sorbet, water ices, Italian ice, slush, and certain frozen coffee drinks are considered free of pathogenic species commonly present in frozen desserts dependent on dairy, thus spiking the market for the food.

Some of the ingredients, such as soy, however, can cause allergic reactions, which may hinder market production. Moreover, there is growing controversy over the use of genetically engineered products in non-dairy frozen desserts that may impede the development of markets.

In addition, different businesses are looking to increase their product range in this category because of the success of frozen dessert on the market, but also because of the vegan and non-milk customer base. 

Segmental Analysis

The global market for non-dairy frozen desserts was segmented based on form, sector, the channel of distribution, and location.

The global market was divided into custard puddings, ice creams, desserts pastries, yogurt, and others depending on the type of food. During the analysis era, the category of yogurt is expected to dirty the market, driven by the great demand for frozen yogurt.

The consumer market was split into lactose-free and traditional depending upon the definition.

The global non-dairy frozen desserts market trends is bifurcated into store-related, non-store-based desserts depending on the distribution channel. The retail section is further broken down into supermarkets and hypermarkets, grocery stores, and others. The supermarket and hypermarket segment is expected to drive the market over the review period, driven by consumer convenience.

Regional Overview

The consumer economy for four central regions — North America, Europe, Asia-Pacific, and the rest of the world — was evaluated.

Globally, the North American market for non-dairy frozen desserts is predicted to be the leading market with a market share of 37.44 percent in 2018 owing to evolving eating preferences and rising health perception among the region's customers. In addition, the appeal of ice creams and yogurts propels regional demand development further.

The Asia-Pacific demand for non-dairy frozen desserts is projected to rise at the fastest pace during the forecast period. Substantial population, increasing urbanization, increasing disposable income per capita, and changing weather conditions are factors which are expected to directly drive growth in the region's non-dairy frozen dessert market. Growing numbers of consumers suffering from lactose intolerance, vegan diet patterns, and increasing working-class population, and the demand for on-the-go goods, especially in China and India, will be the primary driver of market growth.

Competitive Dashboard

Arla Foods amba (Denmark), Daiya Foods Inc. (Canada), Sunopta Inc. (Canada), Unilever (UK), Archer Daniels Midland Company (US), Nestlé S.A. (Switzerland), General Mills, Inc. (the US), The Hain Celestial Group (US), Cool Delight Desserts Ltd (UK), and Halo Top Creamery (US) are some of the global key non-dairy frozen desserts market players.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 

 

Comments