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Asia Pacific Frozen Desserts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Asia Pacific Frozen Desserts Market is segmented by Product Type (Frozen Yogurt, Ice Cream, Frozen Cakes, and Others), by Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Speciality Stores, Online Retailer, and Others), and by Geography.

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APAC Frozen Desserts Market Size

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Asia Pacific Frozen Desserts Market Overview
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 4.50 %
Market Concentration Low

Major Players

Asia Pacific Frozen Desserts Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Asia Pacific Frozen Desserts Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

APAC Frozen Desserts Market Analysis

Asia Pacific Frozen Desserts Market is projected to grow at a CAGR of 4.5% during the forecast period 2020-2025.

  • The growing demand for frozen desserts has led to significant growth in the total number of ice creams and frozen dessert retail shops across the Asia-Pacific region. Furthermore, the frozen dessert is bound to achieve great success in the Chinese market, as the increasing demand for low-fat healthy food will likely encourage people to spend more on these products.
  • Moreover, the increasing product visibility, functional claims, clean label ingredients, and rising consumption during winters can be accredited to the increment of demand for more frozen desserts, including ice creams, cakes, etc., which, in turn, fortifies, the regions market share.

APAC Frozen Desserts Market Trends

This section covers the major market trends shaping the APAC Frozen Desserts Market according to our research experts:

Increasing Preference Toward Ice-cream Parlors in the Developing Countries

Ice-cream parlors in countries like India and China are slowly and strategically placing their parlors on the busy roads, small market places, and moreover are placed in those areas where college students or the millennial population is highly concentrated. The planned setups of these parlors are expected to increase the consumption of ice cream and other frozen desserts via this distribution channel. Furthermore, ice cream parlors are increasingly leveraging the marketing of their parlors in social media sites like Facebook, Instagram, and Twitter to keep people updated about the new product offering, offers, and attract "followers' to increase more footprints in their parlors. Moreover, running special deals on their website with coupons that consumers can print out and bring in to redeem. These promotional activities are expected to create the opportunity for the popularity of ice cream parlors in the developing countries of the region.

Asia Pacific Frozen Desserts Market Trends

China Holds the Largest Market Share

Frozen desserts market is bound to achieve great success in the Chinese market, as the increasing demand for low-fat frozen yogurt, healthy food will likely encourage people to spend more on these products. The rising income level of consumers, drastic development of manufacturing capabilities, premiumization trend in the country, and increasing adoption of premium products among consumers are projected to cater to the increasing demand for frozen desserts in China. Furthermore, the growth of specialized brands, like Yili Chocliz, Mengniu Ice, Cornetto, Magnum, and others has been a key factor for the growth of this market in China. These brands are responding to augmenting health consciousness among consumers with the launch of mini sticks and other products with more flavors and new attractive packaging, which in turn, boosting the frozen desserts sale in the country.

Asia Pacific Frozen Desserts Market Share

APAC Frozen Desserts Industry Overview

The major strategies adopted by the companies operating in the Asia Pacific frozen desserts market are new product launches, partnerships, expansions, and mergers/acquisitions. Major players are focusing on introducing new products in the market to cater to the interests of the consumers. New product development is the most preferred strategy in the frozen dessert market in the region. Some of the major players in the market studied are Mother Dairy Fruit & Vegetable Pvt Ltd, Yili Group, Nestle S.A, Unilever among others.

APAC Frozen Desserts Market Leaders

  1. Nestle S.A

  2. Yili Group聽

  3. Unilever

  4. Blue Bell Creameries LP

  5. Dunkin' Brands Group, Inc

*Disclaimer: Major Players sorted in no particular order

Nestle S.A, Yili Group, Unilever, Blue Bell Creameries LP, Dunkin' Brands Group, Inc.
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APAC Frozen Desserts Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product Type

      1. 5.1.1 Frozen Yogurt

      2. 5.1.2 Ice Cream

        1. 5.1.2.1 Artisanal Ice Cream

        2. 5.1.2.2 Dairy-based Ice Cream

        3. 5.1.2.3 Water-based Ice Cream

      3. 5.1.3 Frozen Cakes

      4. 5.1.4 Others

    2. 5.2 By Distribution Channel

      1. 5.2.1 Supermarkets/Hypermarkets

      2. 5.2.2 Convenience Stores

      3. 5.2.3 Speciality Stores

      4. 5.2.4 Online Retailer

      5. 5.2.5 Others

    3. 5.3 By Geography

      1. 5.3.1 China

      2. 5.3.2 Japan

      3. 5.3.3 India

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Mother Dairy Fruit & Vegetable Pvt Ltd

      2. 6.4.2 Nestle S.A

      3. 6.4.3 Yili Group

      4. 6.4.4 Meiji Holdings Co., Ltd.

      5. 6.4.5 Dunkin' Brands Group, Inc

      6. 6.4.6 Unilever

      7. 6.4.7 Blue Bell Creameries LP

      8. 6.4.8 Ben & Jerry's Homemade Holdings Inc

    5. *List Not Exhaustive

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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APAC Frozen Desserts Industry Segmentation

Asia Pacific frozen desserts market is segmented by product type, distribution channel, and geography. Based on product type, the market has been segmented into frozen yogurt, ice cream, frozen cakes, others. Furthermore, the ice cream segment has been classified into artisanal ice cream, dairy-based ice cream, water-based ice cream. Based on the distribution channel, the market has been segmented into supermarkets/hypermarkets, convenience stores, specialty stores, online retailers, and others. Based on geography, the report provides a detailed regional analysis, which includes China, Japan, India, Australia, and rest of Asia-Pacific.

By Product Type
Frozen Yogurt
Ice Cream
Artisanal Ice Cream
Dairy-based Ice Cream
Water-based Ice Cream
Frozen Cakes
Others
By Distribution Channel
Supermarkets/Hypermarkets
Convenience Stores
Speciality Stores
Online Retailer
Others
By Geography
China
Japan
India
Australia
Rest of Asia-Pacific
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APAC Frozen Desserts Market Research FAQs

The Asia Pacific Frozen Desserts Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)

Nestle S.A, Yili Group聽, Unilever, Blue Bell Creameries LP and Dunkin' Brands Group, Inc are the major companies operating in the Asia Pacific Frozen Desserts Market.

The report covers the Asia Pacific Frozen Desserts Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Frozen Desserts Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.

Asia Pacific Frozen Desserts Industry Report

Statistics for the 2024 Asia Pacific Frozen Desserts market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Asia Pacific Frozen Desserts analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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Asia Pacific Frozen Desserts Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)