Dessert Grocery Market by Product (Bakery Ingredients, Dairy Ingredients, Fresh and Dried Fruits & Ingredients), Source (Conventional, Organic Certified), Distribution Channel, Application, End-Use - Global Forecast 2024-2030

Dessert Grocery Market by Product (Bakery Ingredients, Dairy Ingredients, Fresh and Dried Fruits & Ingredients), Source (Conventional, Organic Certified), Distribution Channel, Application, End-Use - Global Forecast 2024-2030

The Dessert Grocery Market size was estimated at USD 23.72 billion in 2023 and expected to reach USD 25.07 billion in 2024, at a CAGR 5.97% to reach USD 35.61 billion by 2030.

Dessert grocery includes products and ingredients specifically used for making desserts. The growing demand for convenient and indulgent dessert options among consumers drives the need for dessert grocery products. The increasing popularity of home baking through cooking shows, social media, and online recipe platforms elevates the demand for dessert grocery items. Rising awareness among consumers about health and wellness associated with sugar intake, caloric content, and the overall nutritional value of desserts is adversely reducing the consumption of desserts, hampering the market growth. The ongoing efforts by manufacturers to low-sugar, organic, and natural ingredient-based desserts, gluten-free and allergen-friendly products, and desserts with functional benefits such as high protein or fiber content are expected to benefit the market growth.

Regional Insights

The growing food service and hospitality industry, which includes restaurants, hotels, and cafés that require dessert grocery items to prepare and serve desserts to their customers, is creating a platform for the growth of the dessert grocery market in the Americas. Asia-Pacific countries have various forms of desserts, with unique and traditional sweets deeply rooted in their respective cultures. India has a diverse range of traditional desserts, such as gulab jamun and jalebi, while countries including Japan are known for their traditional Japanese confectionery (wagashi), which presents opportunities for dessert grocery manufacturers to cater to specific regional tastes and offer ingredients and mixes for traditional dessert preparations. European consumers are increasingly willing to indulge in high-quality, handcrafted desserts made with premium ingredients, thereby expanding the scope for market vendors to offer specialty ingredients, gourmet dessert mixes, and unique dessert preparations.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Dessert Grocery Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Dessert Grocery Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Dessert Grocery Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Ajanta Food Products Company, Allied Blending L.P., Archer-Daniels-Midland Company, Associated British Foods PLC, Bergin Fruit and Nut Company, Berrifine A/S, Bob's Red Mill Natural Foods, Inc., Church & Dwight Co., Inc., Corbion NV, Dawn Food Products, Inc., dr August Oetker Nahrungsmittel KG, General Mills Inc., Ghirardelli Chocolate Company, Glanbia PLC, Guittard Chocolate Company, Kerry Group PLC, King Arthur Baking Company, Inc., Koninklijke DSM N.V., Lallemand Inc., Lesaffre, McCormick & Company, Inc., Nestlé S.A., Nielsen-Massey Vanillas, Inc., Pinnacle Foods Co. by Conagra Brands, Inc., Puratos NV/SA, Sorich Organics, The Hershey Company, The J.M. Smucker Company, The Kraft Heinz Company, and Unilever PLC.

Market Segmentation & Coverage

This research report categorizes the Dessert Grocery Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
Bakery Ingredients
Baking Mixes & Flour
Baking Soda
Leavening Agents
Oils & Fats

Dairy Ingredients

Fresh and Dried Fruits & Ingredients

Pulps & Purees

Sweeteners, Colors & Flavors
Source
Conventional

Organic Certified
Distribution Channel
Offline
Convenience Stores
Supermarkets/Hypermarkets

Online
Application
Cakes, Pastries, & Puddings

Candies, Jellies, & Custards

Cookies & Biscuits

Cupcakes & Muffins

Dessert Drinks

Ice Cream, Moose, & Fuze
End-Use
Commercial
Bakeries
Restaurants & Cafes

Personal
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Dessert Grocery Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Dessert Grocery Market?
3. What are the technology trends and regulatory frameworks in the Dessert Grocery Market?
4. What is the market share of the leading vendors in the Dessert Grocery Market?
5. Which modes and strategic moves are suitable for entering the Dessert Grocery Market?PDF E-mail From Publisher (2-5)Users License Show more