U.S. Frozen Dessert Market

U.S. Frozen Dessert Market Size, Share, Growth Analysis, By Product(Cakes & Pastries, Confectionery & Candies, Doughnuts & Pies, Custards & Pudding), By Distribution Channels(Food Services and Retail), By Region - Industry Forecast 2024-2031


Report ID: SQMIC30I2393 | Region: Country | Published Date: April, 2024
Pages: 198 | Tables: 68 | Figures: 75

U.S. Frozen Dessert Market Insights

U.S. Frozen Dessert Market size was valued at USD 32.37 Billion in 2022 and is poised to grow from USD 33.86 Billion in 2023 to USD 48.52 Billion by 2031, at a CAGR of 4.6% during the forecast period (2024-2031).

The emergence of health-aware consumers who are interested in a low carbohydrate and low sugar diet with nutritional benefits is going to be beneficial for the market growth. In order to provide something new for consumers, the manufacturers are introducing frozen treats full of proteins that have a lot of health benefits with many persuasive impacts. For instance, Pro Rich Nutrition LLC launched consumer-ready branded food in June 2021 dairy based frozen dessert under the name Pro Rich dairy-based frozen dessert. Enriched with protein – 10 to 11 grams and contains 26 vitamins and minerals, amino acids, organic prebiotic fibre and probiotic cultures.

It is available in five flavours such as JoJo’s Original, Rocket Launch, Chocolate Chunk, Mint Madness and Strawberry Sundae. It does not contain gluten, it has no Genetically Modified Organisms, and it must have no artificial flavors or sweeteners preservatives. Consumers are expected to follow the freezes created by a range of major U.S.firms and brands in partnership with local small brands mainly due to their creative limited edition and seasonal varieties that have not been seen before. For instance, in July 2021, Van Leeuwen, an ice-cream company from Brooklyn NYC partnered with Kraft Macaroni & Cheese and developed a limited edition of ice cream. Furthermore, these industries joined forces to produce Kraft Macaroni & Cheese as a delightful summertime that is rumoured to have no additives or preservatives.

Moreover, a number of mergers and acquisitions by the main industry actors would harmonize with the upward direction of growth. For instance, The Urgent Company which is a subsidiary of consumer brand Perfect Day acquired Coolhaus frozen ice cream even as an innovation brand in dessert novelties, in December 2021. In order to compensate the company for its decision to widen its portfolio, provide a better food system formulation against consumers in this region by taking advantage of Cal-Maine’s growing range on the dairy aisle. MidOcean Partners also happened to acquire Casper’s Ice Cream (Casper’s) in January 2022 – a company that manufacture branded and co-packed frozen novelty sold through grocery and mass retail outlets across U.S

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U.S. Frozen Dessert Market size was valued at USD 32.37 Billion in 2022 and is poised to grow from USD 33.86 Billion in 2023 to USD 48.52 Billion by 2031, at a CAGR of 4.6% during the forecast period (2024-2031).

Due to the presence of numerous regional competitors, the frozen desserts market in the United States is highly fragmented. Unilever, Nestlé, Blue Bell Ice Cream, Wells Enterprises, Inc., Winward Brands, LLC, Tofutti Brands, Inc., MTY Food Group, Dairy Farmers of America, Inc., and Conagra Brands are a few of the leading companies in the market. To stay competitive, businesses have been employing a variety of expansion methods, including alliances and the introduction of new products. 'Nestlé S.A.', 'Unilever plc', 'General Mills Inc.', 'Wells Enterprises Inc.', 'The Kraft Heinz Company', 'Rich Products Corporation', 'Blue Bell Creameries', 'Dean Foods Company', 'Mars, Inc.', 'Turkey Hill Dairy', 'Baskin-Robbins', 'The Hershey Company', 'Schwan's Company', 'Dreyer's Grand Ice Cream Holdings, Inc.', 'Tillamook County Creamery Association', 'Ben & Jerry's Homemade Holdings Inc.', 'Prairie Farms Dairy Inc.', 'Graeter's Ice Cream', 'The J.M. Smucker Company', 'CoolBrands International Inc.'

Consumers are increasingly looking for frozen desserts that are healthier, contain natural ingredients, and are free from artificial additives. This has led to the development of a range of new frozen dessert products that cater to these preferences, such as dairy-free and vegan ice creams.

Due to its various health benefits, gelato has become a reliable meal substitute in today's fast-paced society. According to the International Dairy Foods Association, the sale and manufacturing of ice cream and related frozen treats, such gelato, contribute more than USD 39 billion to the US economy. Gelato's high protein content has made it a popular snack among athletes, especially those following a tight regimen since it allows for a healthy treat without deviating from a diet. The market for frozen desserts in North America is also being driven by a rise in gelato consumption. The popularity of gelato has increased recently due to consumer demand for new and creative flavors.

The largest region for frozen desserts in the U.S. is the West, which includes states like California, Washington, and Oregon. This region has a high consumption of ice cream and frozen yogurt due to its warm weather and high population. Additionally, the Midwest region, which includes states like Wisconsin and Minnesota, is known for its production of dairy products and has a significant market share in the ice cream segment.

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U.S. Frozen Dessert Market

Report ID: SQMIC30I2393

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