Market Size of Europe Frozen Desserts Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 4.70 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Europe Frozen Desserts Market Analysis
Europe Frozen Desserts Market is projected to grow at a CAGR of 4.7% during the forecast period 2020-2025.
- In Europe, the consumers are shifting toward products that offer both indulgence and health and this has given an opportunity for gourmet yogurt producing companies in the country to develop new products, as these give strong competition to other chilled desserts, thus facilitating their steep growth.
- Ice creams emerged as the leading product category. The factors affecting growth are flavors and fat content along with sweetness and texture.
- Moreover, in Europe, owing to the current pandemic COVID -19, major market players such as Nestle and Unilever have marked a significant growth in sales of ice cream as initial household stocking of both hygiene and food products has led to an increased volume of frozen desserts.