Dairy Desserts Market 2019 | Most Attractive Segment, Comprehensive Research, Industry Analysis, Size, Growth Factors, Forecast To 2023
Development in the packaging industry for introducing innovative packaging in order to increase the shelf-life of dairy desserts and maintain their quality for a long time are also fueling the growth of the global dairy desserts market.
pune, India – May 31, 2019 /MarketersMedia/ —
Market Definition:
Dairy desserts are milk-based desserts such as ice-cream, yogurt, custard, pudding, and others. The report published by Market Research Future (MRFR) projects that the global dairy desserts market is marked to exhibit moderate expansion at a CAGR of 4.2% during the forecast period of 2017-2023.
Market Drivers and Restraints:
Development in the packaging industry for introducing innovative packaging in order to increase the shelf-life of dairy desserts and maintain their quality for a long time are also fueling the growth of the global dairy desserts market. However, proliferation in individuals that are lactose intolerant is restraining the growth of the global dairy desserts market during the review period. Changing lifestyle and food habits are leading to increased consumption of dairy-based products, leading to the expansion of the global dairy desserts market during the assessment period. The high nutritive value and health benefits of these products are inducing high demand for milk-based products such as ice-creams, yogurts, and others.
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Competitive Dashboard:
Some of the prime players profiled by market Research Future (MRFR) that are operating in the global dairy desserts market are Parmalat S.p.A (Italy), Nestle (Switzerland), FrieslandCampina (The Netherlands), General Mills (U.S.), DANA Dairy (Switzerland), GCMMF (AMUL) (India), and Danone (France). In July 2018, Cargill has announced the launch of a new carrageenan extract, Satiagel Seabird, which is based on 100% cultivated seaweed and use for preparing gelled dairy desserts.
Segmental Analysis:
The Global Dairy Desserts Market has been segmented on the basis of type, packaging material, and sales channel. Based on type, the global dairy desserts market has been segmented into ice cream, yogurt, custard, sherbet, puddings, and others. Among these, the ice cream segment commands the maximum share of the global dairy desserts market during the assessment period owing to the introduction of new innovative flavors by manufacturer. However, the yogurt segment is likely to project moderate growth during the assessment period.
Based on packaging material, the global dairy desserts market has been segmented into glass, plastic, metal, paper, and others. Among these, the paper and plastic segments are anticipated to project the fastest growth in the global dairy desserts market during the review period. Based on sales channel, the global dairy desserts market has been segmented into on-trade and off-trade. Among these, the off-trade segment commands the dominant share of the global dairy desserts market owing to the increasing availability of a wide range of products along with the one-stop shopping experience.
Regional Analysis:
Geographically, the global dairy desserts market has been segmented into four major regions such as North America, Europe, Asia Pacific and the rest of the world. The Asia Pacific region commands the major share of the global dairy desserts market owing to the increased production of milk and milk products as a result of high consumption rate of dairy desserts and other dairy products by the population in this region. The dairy desserts market in the North America region is projected to expand at a notable growth rate during the assessment period owing to the increasing popularity of the concept of comfort food, rise in preference of freshly prepared milk-based desserts and frozen yogurts by the population of this region. Increasing demand for packaged and frozen food products among the young population is also fueling the expansion of the dairy desserts market in the North America region. High consumption of dairy-based desserts and introduction of innovative dishes that are made from milk are propelling the growth of the dairy desserts market in the Europe region.
Table of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modelling and Forecast
1.1.3 Industry Insights and Validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Dairy Desserts Industry Market Synopsis, 2017-2023
2.1.1 Business Trends
2.1.2 Product Type Trends
2.1.3 Product Packaging Material Trends
2.1.4 Product Sales Channel Trends
Chapter 3 Dairy Desserts Market Industry Insights
3.1 Industry Segmentation
3.2 Industry Size and Forecast
3.3 Industry Ecosystem Analysis
3.4 Industry Impact Forces
3.4.1 Growth Drivers
3.4.1.1 Increasing Disposable Income
3.4.1.2 Launch of New Flavors
3.4.2 Industry Pitfalls & Challenges
3.4.2.1 Product Seasonality
3.4.2.2 Health Concern
3.5 Growth Potential Analysis
3.6 Company Market Share Analysis, 2016
3.7 Porter’s Analysis
3.8 PESTEL Analysis
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