Global Frozen Novelty Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Ice Cream Bars, Ice Pops, Ice Cream Sandwiches, and Others.

By Application;

Residential and Commercial.

By Distribution Channel;

Supermarkets, Ice Cream Trucks, and Convenience Stores.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn071385724 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Frozen Novelty Market (USD Million), 2021 - 2031

In the year 2024, the Global Frozen Novelty Market was valued at USD 7,431.06 million. The size of this market is expected to increase to USD 12,735.54 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.

The global frozen novelty market encompasses a wide range of innovative and indulgent frozen dessert products that cater to diverse consumer preferences and occasions. Frozen novelties typically include items such as ice cream bars, popsicles, gelato sandwiches, frozen yogurt cones, and other creative frozen treats. These products are enjoyed for their convenience, variety of flavors, and ability to provide a refreshing dessert experience, particularly during warmer months or as a satisfying snack year-round.

The frozen novelty market is the continuous innovation and product development by manufacturers to meet changing consumer tastes and dietary preferences. This includes the introduction of healthier options such as low-fat, sugar-free, or dairy-free varieties, appealing to health-conscious consumers seeking guilt-free indulgences. Furthermore, the use of premium ingredients, exotic flavors, and artisanal craftsmanship in some products has elevated the market by offering consumers a more sophisticated and luxurious frozen dessert experience.

The market for frozen novelties is also influenced by shifting consumer lifestyles, with increased demand for convenient, on-the-go snacks that provide instant gratification. The availability of these products across various retail channels, including supermarkets, convenience stores, and online platforms, enhances accessibility and contributes to their popularity worldwide. Moreover, promotional activities, seasonal offerings, and strategic partnerships with retail chains and food service outlets play a crucial role in expanding market reach and sustaining consumer interest in frozen novelties. As consumer preferences continue to evolve, the global frozen novelty market is poised for continued growth and diversification in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Frozen Novelty Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growth in Disposable Income and Spending on Indulgent Treats
        2. Expansion of Distribution Channels, including Online Platforms
        3. Innovation in Flavor Varieties and Product Offerings
        4. Rising Demand for Premium and Artisanal Frozen Novelties
      2. Restraints
        1. Challenges in Maintaining Product Quality during Storage and Transportation
        2. Regulatory Requirements and Compliance Costs
        3. Intense Competition from Fresh Desserts and Confectionery
        4. Price Sensitivity among Price-Conscious Consumers
      3. Opportunities
        1. Introduction of Healthier and Functional Frozen Novelty Options
        2. Partnerships with Retail Chains and Specialty Stores
        3. Adoption of Sustainable Packaging Solutions
        4. Consumer Education on the Convenience
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Frozen Novelty Market, By Product, 2021 - 2031 (USD Million)
      1. Ice Cream Bars
      2. Ice Pops
      3. Ice Cream Sandwiches
      4. Others
    2. Global Frozen Novelty Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
    3. Global Frozen Novelty Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarkets
      2. Ice Cream Trucks
      3. Convenience Stores
    4. Global Frozen Novelty Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Magnum
      2. Unilever
      3. Yili
      4. Mengniu
      5. Friendly
      6. Ben & Jerry
      7. Mario's Gelati
      8. Bulla
  7. Analyst Views
  8. Future Outlook of the Market