North America is expected to be the major worldwide contributor in terms of value, for the ice cream and frozen desserts market, followed by China – the largest player in Asia Pacific. According to information from Future Market Insights (FMI), the foodservice segment is a key driver of growth for ice cream and desserts worldwide, while new flavors and health-oriented formulations will continue to grow by 2025.
“Low fat ice cream is predicted to account for healthy CAGR in next five to six years. Shifting consumer preferences towards consumption of healthy food is expected to support the demand of low fat Ice-cream in the near future,” FMI says.
Moreover, rising disposable income coupled with shifting consumer eating habits is expected to drive the demand of Ice-cream and frozen dessert in the near future. According to FMI, increasing availability of flavored yoghurt, especially in developing regions, is predicted to be a major factor supporting the growth of these two categories, by 2025.
