Frozen Desserts Market Growth Trends and Forecast 2024-2028

The Frozen desserts Market is on track for significant growth, with an estimated market increase of USD 25.8 billion by 2028, expanding at a CAGR of 6.79%. The market is being influenced by several factors, including rapid urbanization and the evolving preferences of modern consumers, who increasingly seek convenient and indulgent frozen dessert options. As urban areas grow, the demand for dairy-based frozen desserts continues to rise, and more retail channels are offering a wider variety of products. The growing interest in plant-based alternatives has also contributed to the expansion of vegan frozen desserts, appealing to consumers looking for dairy-free options. Technavio's research highlights gelato as a key segment poised for growth, as consumers increasingly favor refreshing, high-quality frozen desserts. The segment's growth is supported by rising disposable incomes, especially in urban regions, where consumers are opting for premium offerings, including artisanal ice creams made with natural ingredients.