Market Size of north america dairy desserts Industry
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 24.83 Billion |
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Market Size (2029) | USD 28.33 Billion |
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Largest Share by Distribution Channel | Off-Trade |
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CAGR (2024 - 2029) | 2.68 % |
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Largest Share by Country | United States |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
North America Dairy Desserts Market Analysis
The North America Dairy Desserts Market size is estimated at 24.83 billion USD in 2024, and is expected to reach 28.33 billion USD by 2029, growing at a CAGR of 2.68% during the forecast period (2024-2029).
24.83 Billion
Market Size in 2024 (USD)
28.33 Billion
Market Size in 2029 (USD)
2.00 %
CAGR (2017-2023)
2.68 %
CAGR (2024-2029)
Largest Market by Product Type
93.31 %
value share, Ice Cream, 2023
The increasing adoption of ice cream consumption in all seasons with the adoption of various twisted sophisticated flavors is largely driving the ice cream segmental growth.
Largest Market by Distribution Channel
92.85 %
value share, Off-Trade, 2023
The growth of off-trade channels in the region is largely driven by the existence of an inviting place for customers to shop, as they are constantly drawn to make large purchases.
Fastest-growing Market by Product Type
2.73 %
Projected CAGR, Ice Cream, 2024-2029
The region's taste for ice cream is anticipated by the ongoing market compliance with the existence of numerous retailers with the emergence of different exotic flavors.
Fastest-growing Market by Distribution Channel
2.68 %
Projected CAGR, Off-Trade, 2024-2029
The onset of the experimental economy and the rising social media platforms with increasing consumer reach in the market are driving the off-trade channels through online channels
Leading Market Player
13.24 %
market share, Unilever PLC, 2022
Unilever PLC gained a competitive edge over other players due to its extensive product portfolio with a wider brand presence, along with its strategic moves toward innovation.
The United States accounted for the highest sales of dairy desserts in overall distribution channels
- The distribution channels of the North American dairy desserts market have been bifurcated into on-trade and off-trade retailing channels, with the off-trade segment recording a significant dominance. In the off-trade segment, the online channel sub-segment is the fastest-growing one, which is anticipated to record a 4.9% growth by 2024 compared to 2021. Online shopping is becoming a popular way for consumers to buy dairy desserts because of the increase in busy schedules and lifestyles. In the highly competitive space of e-commerce, where it is easy for customers to switch between retailers, finding ways to keep customers loyal is essential.
- The on-trade channel is the fastest-growing segment in the North American dairy desserts market, anticipated to record a growth of 19.4% in 2024 from 2021. The on-trade segment is primarily composed of restaurants and foodservice operators. There are many dishes and preparations in North American cuisine that include dairy desserts. In 2022, more than 600,000 restaurants were operating across the United States.
- Among North American countries, the United States accounted for the highest sales of dairy desserts through retail channels, with supermarkets and hypermarkets holding the largest share. In 2022, supermarkets and hypermarkets accounted for 89.4% of the value share of sales through retail channels. Major supermarkets and hypermarkets, including Walmart, Target, Kroger, and Albertsons, offer various flavors of dairy desserts, along with discounts, coupons, and other gift options, in the North American region.
Availability of dairy desserts in different formats is growing the market
- The North American dairy desserts market observed growth of 1.36% in its consumption value in 2022 compared to the preceding year, 2021. The growth was associated with consumers' interest in newly-launched dairy desserts in varied flavors, textures, and fat percentages (low and high fat). Among dairy dessert products, ice cream is highly preferred among consumers, with its per capita consumption amounting to 7.86 kg in 2022. To cater to the growth in demand, this industry is expected to rise by 1.97% by 2025.
- The North American dairy desserts market is dominated by the United States, which holds a share of 58.85%. During the review period (2017-2022), the dairy desserts segment recorded a CAGR of 2.62%. It is one of the most extensively consumed dairy products in the US market. In the United States, people eat them regularly as part of their meals. The per capita consumption of cheesecakes was 0.16 kg, while the per capita consumption of ice cream was estimated at 9.87 kg. This growth is related to the higher shelf-life of dairy desserts. Cheesecakes have a shelf-life of 3-5 days, and ice creams have a longer shelf life, which ranges between one and two years, depending on the temperature.
- Dairy desserts are offered in the market through both on-trade and off-trade retailing modes. Supermarkets and hypermarkets are leading the North American retail space with a share of 57%. Some off-trade retailers in North America are 7-Eleven Inc. and Casey's General Stores Inc., which also offer dairy desserts at varied prices. The ice creams range from a base price of USD 2.84 to as costly as USD 45.2.
North America Dairy Desserts Industry Segmentation
Cheesecakes, Frozen Desserts, Ice Cream, Mousses, Others are covered as segments by Product Type. Off-Trade, On-Trade are covered as segments by Distribution Channel. Canada, Mexico, United States are covered as segments by Country.
- The distribution channels of the North American dairy desserts market have been bifurcated into on-trade and off-trade retailing channels, with the off-trade segment recording a significant dominance. In the off-trade segment, the online channel sub-segment is the fastest-growing one, which is anticipated to record a 4.9% growth by 2024 compared to 2021. Online shopping is becoming a popular way for consumers to buy dairy desserts because of the increase in busy schedules and lifestyles. In the highly competitive space of e-commerce, where it is easy for customers to switch between retailers, finding ways to keep customers loyal is essential.
- The on-trade channel is the fastest-growing segment in the North American dairy desserts market, anticipated to record a growth of 19.4% in 2024 from 2021. The on-trade segment is primarily composed of restaurants and foodservice operators. There are many dishes and preparations in North American cuisine that include dairy desserts. In 2022, more than 600,000 restaurants were operating across the United States.
- Among North American countries, the United States accounted for the highest sales of dairy desserts through retail channels, with supermarkets and hypermarkets holding the largest share. In 2022, supermarkets and hypermarkets accounted for 89.4% of the value share of sales through retail channels. Major supermarkets and hypermarkets, including Walmart, Target, Kroger, and Albertsons, offer various flavors of dairy desserts, along with discounts, coupons, and other gift options, in the North American region.
| Product Type | |
| Cheesecakes | |
| Frozen Desserts | |
| Ice Cream | |
| Mousses | |
| Others |
| Distribution Channel | |||||||||
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| On-Trade |
| Country | |
| Canada | |
| Mexico | |
| United States | |
| Rest of North America |
North America Dairy Desserts Market Size Summary
The North America Dairy Desserts Market is experiencing a steady expansion, driven by evolving consumer preferences and the increasing popularity of online shopping. The market is characterized by a bifurcation into on-trade and off-trade retailing channels, with the off-trade segment, particularly online channels, witnessing rapid growth. This shift is largely attributed to consumers' busy lifestyles, which have made online shopping a convenient option for purchasing dairy desserts. The on-trade segment, encompassing restaurants and foodservice operators, is also growing, reflecting the integration of dairy desserts into North American cuisine. The United States leads the market, with supermarkets and hypermarkets dominating retail sales, offering a wide range of dairy dessert flavors and promotions to attract consumers.
The market's growth is further supported by the introduction of new dairy dessert products with diverse flavors and textures, catering to varying consumer tastes. Ice cream remains a favored choice among consumers, contributing significantly to the market's expansion. The availability of dairy desserts at different price points enhances their accessibility, appealing to a broad consumer base. The market is fragmented, with several key players like Blue Bell Creameries LP, Froneri International Limited, and Unilever PLC, among others, actively competing to capture market share. The ongoing investments in technology and production capabilities by dairy producers in North America are expected to sustain the market's growth trajectory, meeting the rising demand for dairy desserts in the region.
North America Dairy Desserts Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Product Type
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1.1.1 Cheesecakes
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1.1.2 Frozen Desserts
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1.1.3 Ice Cream
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1.1.4 Mousses
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1.1.5 Others
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1.2 Distribution Channel
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1.2.1 Off-Trade
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1.2.1.1 By Sub Distribution Channels
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1.2.1.1.1 Convenience Stores
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1.2.1.1.2 Online Retail
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1.2.1.1.3 Specialist Retailers
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1.2.1.1.4 Supermarkets and Hypermarkets
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1.2.1.1.5 Others (Warehouse clubs, gas stations, etc.)
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1.2.2 On-Trade
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1.3 Country
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1.3.1 Canada
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1.3.2 Mexico
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1.3.3 United States
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1.3.4 Rest of North America
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North America Dairy Desserts Market Size FAQs
How big is the North America Dairy Desserts Market?
The North America Dairy Desserts Market size is expected to reach USD 24.83 billion in 2024 and grow at a CAGR of 2.68% to reach USD 28.33 billion by 2029.
What is the current North America Dairy Desserts Market size?
In 2024, the North America Dairy Desserts Market size is expected to reach USD 24.83 billion.
