The Europe Frozen Desserts Market was worth US$ xx million in 2022, and it is predicted that it will reach US$ xx million, rising with an annual development rate (CAGR) of xx% between 2023 and 2028.
Frozen desserts are produced by freezing liquid, semi-solid, and sometimes solid. They are said to be desserts that must be stored below the freezing point of water. Frozen desserts are commonly eaten with sweets like ice cream and frozen yogurt. Most products, such as milk and cream, are made with milk. There are several variables depending on the capacity of the distribution channel. Concentration of suppliers, penetration of food processing, coverage and preferential treatment of retail chains. Frozen desserts use plant fats like edible vegetable oil or palm oil instead of milk fat, so they are free of cholesterol and low saturated fat, which is good for health. Examples of frozen desserts include pudding, custard, and frozen cakes.
The introduction of specialty frozen desserts is expected to create profitable growth opportunities for suppliers operating in the Europe Frozen Desserts market.
The increasing demand for frozen desserts around the world is a major reason for the growth of the Europe Frozen Desserts market as customer tastes and public perceptions change. In addition to adding implementations to the dessert section of various products that meet the decision of a large group of customers, the increase in disposable income drives the market. In Europe, consumers are turning to products that offer generosity and health, which is driving strong growth due to fierce competition with other refrigerated desserts, giving American producers of gourmet yogurt the opportunity to develop new products that was made. The growing demand for frozen desserts around the region, driven by changes in consumer tastes and health awareness, is one of the main drivers of the Europe Frozen Desserts market growth. In addition, the market is leading with the introduction of a variety of products in the dessert sector to satisfy the choices of various consumer groups along with increasing disposable income. Ice cream has become one of the main categories of products. Factors that affect growth are taste and fat content along with sweetness and texture. The Europe frozen dessert market is expected to record remarkable growth rates during the foreseen period. Increasing demand for artisan ice cream is expected to boost sales of frozen desserts among consumers. Increasing consumption of frozen yogurt around the region is another key factor driving sales in the Europe Frozen Desserts market.
High consumption of frozen yogurt is one of the important factors driving the Europe Frozen Desserts market. Frozen yogurt is one of the most popular frozen desserts eaten around the region. Yogurt provides desirable properties that include nutrition and digestion, and it comes in a variety of flavors to meet the needs of all ages. Frozen yogurt contains carbohydrates, protein, and vitamins, and contains a healthy amount of calcium, which helps keep your heart and bones healthy and helps you lose weight. Growing health problems and the availability of products such as homemade ice cream and ice cream made with natural flavors and natural sweeteners are driving the demand for frozen desserts in Europe. These products can provide inspiration for innovation in other markets, especially when it comes to sourcing ingredients from local farmers and using the packaging as a differentiated selling point that celebrates and appeals to individuality. Companies are increasing the demand for frozen desserts by offering consumers better options through smaller servings and better ingredients, including vegetables, oatmeal, beans and dairy-free varieties in the Europe Frozen Desserts industry.
Fluctuations in raw material prices and high milk production costs are the main constraints to market growth, as they affect product prices. Although the region has a broad spectrum of frozen dessert market, the main challenge manufacturers face is balancing the current demand for vegan and organic products and the decline in flavors that hurt Europe sales. However, the regional appetite for Frozen Desserts has not diminished and diversifying a portfolio with delicious flavors is helping vendors maintain their customer base. Also, growing health problems among people are hampering the growth of the Europe Frozen Desserts market. Most consumers prefer low calorie options, vegan alternatives, and dairy-free products as healthier options, which will affect Europe Frozen Desserts market growth.
By product, the Europe Frozen Desserts market is divided into Sherbet, Frozen Yogurt, Frozen Ice Cream, Frozen Tofu, Frozen Cakes, Mousse, and Frozen Novelties. Ice cream is one of the key products in this market and had the largest market share with 58.1% in 2018. Sugar-free ice cream and homemade ice cream are gaining popularity due to their health benefits. While taste and nutrition are important to ice cream consumers, price, brand, and mood all play a role in this market. Frozen yogurt is expected to show the fastest growth during the outlook period due to various health benefits associated with the product. Frozen yogurt often competes with ice cream and is generally considered a healthier alternative. This has led consumers to switch from ice cream to frozen yogurt, making it the fastest growing product.
By Fat Content, the European frozen desserts market is classified into Regular Frozen Desserts and Low Fat Desserts.
On the basis of consumption, the Europe Frozen Desserts market has been segmented into Home, Hotel And Restaurants and Dessert Parlors.
The Coronavirus pandemic has sparked a global crisis across the European region. The COVID-19 outbreak has created panic among consumers, temporarily closing retail stores to slow the spread of the virus. This has caused consumers to store long-life foods in the pantry, such as frozen desserts. The Coronavirus outbreak will not affect prices for Frozen Desserts, but prices are expected to increase after the closing period. Manufacturers are estimated to raise prices for frozen confectionery and overcome losses from infectious diseases due to rising raw material costs and increased operating costs.
Europe has a significant share of the frozen dessert market in 2020. The trend of adopting a healthy lifestyle is growing rapidly among consumers, which is accelerating the growth of the local market. In Italy, the demand for ice cream is high. There are also many artisan ice cream parlors, bars, and cafes selling artisan ice cream throughout the country. Customers ask for frozen yogurt as an alternative to ice cream. In addition, a growing number of specialty stores sell ice cream, custard, and sorbets. Germany frozen desserts market shares are growing at higher level from the past few years which is anticipated to have the same flow in the coming years. Growing disposable income and rising prevalence for the desserts are propelling the demand of the market. UK is likely to have the significant shares in the coming years. Increasing funds from the private organizations and rising prominence for the development of quality food products are promoting the demand of the market. France and Spain market shares are to have double growth rate in the
Key Players in the Market:
Major Key Players in the Europe Frozen Desserts Market are
Conagra Brands, General Mills, Inc., Sara Lee Desserts, Kellogg Company, Mrs. Smith’s, Van’s Foods, Lantmannen Unibake USA, Inc., Nestle USA, Inc. and Campbell Soup Company.
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