The U.S. frozen desserts market is expected to reach
USD 35.2 billion by 2025, according to a new report by Grand View Research,
Inc. Rising demand for healthy and nutritious frozen desserts has been a major
factor driving low-fat content desserts. In addition, technological
advancements in refrigeration and conveyor techniques have also driven the
industry growth in recent years.
Technology and innovation in the
fields of flavors and textures are the key driving factors of the industry in
the U.S. Various companies are working on technologically enhanced functional
ingredient system to enhance their flavors and expand the industry horizon.
These customizations in functional ingredients regarding creative flavors and
improved texture and mouthfeel are achieved through consumer trend and extensive
research & development.
Several companies are not only
expanding their product portfolio but also strengthening their market with
accurate marketing and undisrupted supply chain management. With the innovative
range of products and huge competition, several companies are now working on
branding and proper marketing implementation to gain an edge.
Presence of numerous major
doughnut brands, including Tim Hortons, Dunkin’ Donuts and Krispy Kreme across
the region has driven the industry growth in past few years. Innovation is at
the forefront with the development of numerous novel flavors. Companies are
also focusing on packaging and labeling along with other factors to offer these
products in an eye-catching and refreshed appearance.
U.S. frozen desserts market revenue by product, 2006 -
2025 (USD Million)
Browse full research report on U.S. Frozen Desserts Market: http://www.grandviewresearch.com/industry-analysis/us-frozen-desserts-market
Further key findings from
the report suggest:
- The U.S.
frozen desserts demand exceeded USD 25.80 billion in 2016 and is expected
to grow at a CAGR of 3.7% from 2017 to 2025
- Ice creams
emerged as the dominant product segment in 2016, with over 60% market
revenue
- Frozen
yogurts are anticipated to witness fastest growth rate, generating revenue
worth USD 2.10 billion by 2025
- Major frozen
novelties manufacturers across the U.S. are involved in the development of
innovative multi-textured and multi-flavored products with lower
percentage of dairy ingredients, enticing consumers of all ages
- The cakes
& pastries segment is driven by the increasing demand for unpackaged
or artisanal cakes, which accounts for over three-quarters of all cakes
sales across the region
- Non-retail
was the dominant distribution channel and accounted for 54.96% of the
revenue in 2016. Recent trends have led these outlets to adapt nutritious
food into their growing menus, which has further enhanced their appeal as
an outlet for on the go breakfast
- Retail
bakeries have witnessed considerable rise in outlets across the region
driven by their product innovation
- Key
participants include Nestle USA, Inc., Lantmannen Unibake USA. Inc.,
Campbell Soup Company, Alpha Baking Co, Inc., Kellogg Company, ConAgra
Brands, General Mills, Inc., Schwan’s Company, Sara Lee Desserts, Van’s
Foods and Deiorio Foods, Inc., among others
Access Press Release By Grand View Research: http://www.grandviewresearch.com/press-release/us-frozen-desserts-market-analysis
About Grand View Research,
Inc:
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more information: http://www.grandviewresearch.com
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