Introduction
Frozen yogurt, sorbet, and mochi have been gaining popularity globally in recent years as healthier alternatives to traditional ice cream. These frozen treats have become increasingly popular due to their lower calorie content, probiotic benefits, and unique flavors. In this report, we will explore the rise of frozen yogurt, sorbet, and mochi in the global market, looking at key trends, financial data, and the companies driving this growth.
The Rise of Frozen Yogurt
Health Benefits and Flavor Innovation
Frozen yogurt has become a popular choice for health-conscious consumers looking for a tasty dessert option with fewer calories than traditional ice cream. With the addition of probiotics, frozen yogurt offers digestive health benefits that have contributed to its growing popularity. Additionally, frozen yogurt shops have been innovating with a wide range of flavors and toppings, appealing to a diverse range of tastes.
Global Market Growth
According to market research firm Market Research Future, the global frozen yogurt market is expected to reach $4.5 billion by 2025, with a compound annual growth rate (CAGR) of 4.9%. This growth is driven by increasing consumer awareness of health benefits, as well as the expansion of frozen yogurt chains in emerging markets like Asia and Latin America.
The Popularity of Sorbet
Natural Ingredients and Allergen-Free Options
Sorbet, a frozen dessert made from fruit puree, sugar, and water, has gained popularity among consumers looking for dairy-free and allergen-free options. Sorbet is naturally gluten-free and vegan, making it a popular choice for those with dietary restrictions. Additionally, sorbet is often made with natural ingredients, appealing to consumers seeking clean label products.
Market Trends and Growth
The global sorbet market is projected to grow at a CAGR of 3.5% from 2021 to 2026, according to Research and Markets. This growth is driven by increased demand for healthier dessert options and the rising popularity of artisanal and gourmet sorbet flavors. Major players in the sorbet market include Nestle, Unilever, and General Mills, who are investing in product innovation and marketing to capitalize on this growing trend.
The Appeal of Mochi
Unique Texture and Asian Influence
Mochi, a Japanese rice cake made from glutinous rice, has gained popularity as a versatile dessert option with a unique chewy texture. Mochi is traditionally stuffed with sweet fillings like red bean paste or ice cream, making it a popular choice for those seeking a different dessert experience. The popularity of mochi has been influenced by the growing interest in Asian cuisine and flavors worldwide.
Market Expansion and Consumer Demand
The global mochi market is expected to grow at a CAGR of 5.8% from 2021 to 2028, according to Grand View Research. This growth is driven by the increasing popularity of Japanese cuisine and the demand for exotic and unique dessert options. Companies like My/Mo Mochi Ice Cream and Bubbies Homemade Ice Cream & Desserts are capitalizing on this trend by expanding their product offerings and distribution channels.
Conclusion
In conclusion, frozen yogurt, sorbet, and mochi are gaining popularity globally due to their health benefits, unique flavors, and appeal to diverse consumer preferences. The market for these frozen treats is expected to continue growing as consumers seek out healthier and more innovative dessert options. Major players in the industry are investing in product development and marketing to meet this growing demand. As these trends continue, we can expect to see even more growth and innovation in the frozen dessert market in the coming years.
