In the year 2018, Europe Frozen Desserts Market was valued at USD 7.8 Billion. By the year 2023, it is expected to reach USD 8.61 Billion at pace of 2.0% CAGR.
Frozen desserts are made by freezing liquids, semi-liquids or even solids. These frozen desserts are either dairy-based or non-dairy based depending on the product, and various flavors are added to the product. Frozen dessert is made up of milk or frozen water or others combined with fruits, sweeteners, milk, or other ingredients for different flavors and taste.
The growth for Frozen Desserts Market is driven due to factors like increasing disposable income, changing eating habits of people, easy availability of flavored yoghurt, rising demand for low-content sugar and low-calorie desserts, and increasing production and consumption of frozen desserts. In addition, advancement of technologies in the food industry, increasing investments by private industries, introduction frozen yoghurt in various flavors is expected to drive the market growth. In addition, increasing health awareness among the people, and stringent regulatory policies are expected to hamper the growth rate for Europe Frozen Desserts Market during the forecast period.
Based on geography the Europe Frozen Desserts Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the seconds largest market share for Frozen Desserts Market due to increasing demand for frozen desserts, and presence of major market players are the driving factors in this region.
Leading companies for Europe Frozen Desserts Market are Baskin-Robbins, Nestle SA, Unilever, Danone Groupe SA, Ben & Jerry's Homemade Holdings Inc., Cielo USA, and Kraft Foods Group Inc.
