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Ice Cream And Frozen Dessert Market Poised To Hit $153.28 Billion By 2030 With A 6.7% CAGR
The ice cream and frozen dessert market size has witnessed substantial growth in recent years. It is projected to increase from $111.82 billion in 2025 to $118.33 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 5.8%. The expansion observed in prior periods can be attributed to the proliferation of organized retail freezers, increasing disposable income levels, an expanding urban consumer base, a rising demand for indulgent desserts, and advancements in cold storage infrastructure.
The market for ice cream and frozen desserts is projected to expand significantly in the coming years. Its value is predicted to reach $153.28 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.7%. This anticipated growth during the forecast period is driven by factors such as increasing consumer preference for sugar-free and functional frozen desserts, the spread of e-commerce platforms for frozen food delivery, an escalating emphasis on sustainable packaging solutions, advancements in product texture and formulation, and deeper market penetration into developing regions. Key trends for this period encompass a heightened demand for premium and artisanal frozen dessert options, the growing appeal of non-dairy and plant-based alternatives, a stronger emphasis on ingredients with clean labels, the introduction of diverse flavors and product formats, and improved utilization of digital cold-chain monitoring technologies.
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Ice Cream And Frozen Dessert Market Development Factors: What’s Supporting Demand?
The **ice cream and frozen dessert market** is anticipated to expand due to the rising demand for E-commerce, which involves conducting transactions for goods and services over the internet. These platforms provide consumers with the convenience of exploring and acquiring a diverse range of **ice cream and frozen dessert** items without leaving their homes, fostering spontaneous purchases and customer loyalty. As an illustration, figures from **August 2023** by the **United States Census Bureau**, a **US** government agency, showed that e-commerce estimates for the **second quarter of 2023** increased by **7.5% (or 1.4%)** compared to the **second quarter of 2022**, whereas total retail sales saw an increase of **0.6% (or 0.4%)**. Online stores accounted for **15.4%** of all sales during the **second quarter of 2023**. Consequently, the expanding e-commerce sector is a key factor in the expansion of the **ice cream and frozen dessert market**.
Ice Cream And Frozen Dessert Market Segment Breakdown: Which Categories Lead On Revenue?
The ice cream and frozen dessert market covered in this report is segmented –
1) By Dessert Category: Ice Cream, Frozen Dessert
2) By Product: Ice-cream, Gelato, Frozen Custard, Frozen Yoghurt, Frozen Novelties, Sorbet and Other Products
3) By Category: Conventional, Sugar- Free
4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
5) By End User: Personal, Commercial
Subsegments:
1) By Ice Cream: Regular Ice Cream, Premium Ice Cream, Low-Fat Ice Cream, Non-Dairy Ice Cream, Gelato, Sorbet, Frozen Yogurt
2) By Frozen Dessert: Frozen Novelties, Frozen Cakes And Pies, Frozen Custard, Non-Dairy Frozen Desserts, Sherbet, Plant-Based Frozen Desserts
Ice Cream And Frozen Dessert Market Transformation Trends: What Innovations Are Driving Change?
Major companies within the ice cream and frozen dessert market are developing novel food items to maintain their market standing and address the increasing consumer desire for plant-based, convenient, and protein-rich frozen foods. For instance, in May 2023, Beyond Meat Inc., a US-based food company, introduced three frozen plant-based ready meals at Tesco stores, including Spaghetti Bolognese, Keema Curry & Pilau Rice, and Chili with Coriander Rice. These meals are crafted for flexitarians, vegetarians, and vegans, providing a plant-based version of traditional comfort foods. They are quick to prepare, high in protein, and extensively available across Tesco locations in the UK, following the earlier UK launch of Beyond Meat’s plant-based chicken.
Ice Cream And Frozen Dessert Market Leading Players And Competitive Positioning
Major companies operating in the ice cream and frozen dessert market are Nestle S.A., Unilever plc, Danone S.A., Groupe Lactalis S.A., FrieslandCampina, General Mills, Agropur Cooperative, Meiji Holdings Co Ltd, Aavin, Abbott’s Frozen Custard, Algida, Ample Hills Creamery Inc., Amul, Arun Icecreams, Australian Homemade, Bambino Ice Cream, Baskin-Robbins Homemade Holdings Inc., Ben & Jerry’s Homemade Holdings Inc., Berthillon, Blue Bell Creameries, Blue Bunny (Wells Enterprises Inc.), Bonnie Doon Ice Cream, Braum’s Ice Cream & Dairy, Bresler’s Ice Cream, Breyers, Calippo, Cold Stone Creamery Inc., Coolhaus, International Dairy Queen Inc., Del’s, Dole Whip, Elsie Stix-Borden Dairy, Fab Ice Creams, Jel Sert Company, Freaky Ice, Froster, Golden Spoon Creamery
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Ice Cream And Frozen Dessert Market Geographic Spread And Regional Opportunities
Western Europe was the largest region in the ice cream and frozen dessert market in 2025. Asia-Pacific was the second largest region of the ice cream and frozen dessert market. The regions covered in the ice cream and frozen dessert market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
