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Guilt-Free Desserts Market Size, Share and Analysis By Type (Puddings, Cakes and Pastries, Ice Creams), By Distribution Channel (Food Service, Retail Channel) and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI106663 | Status : UpcomingGuilt-free desserts feature diversity of products made from natural ingredients and consist of low-fat and calorie content. The popularity and consumption of guilt-free desserts has primarily increased due to the rising concerns of gluten intolerance and celiac diseases amongst the population. Guilt-free desserts have emerged as a healthy substitute for animal-based products and thus, become an obligatory part of the diet for people with some dietary restrictions. Furthermore, the rise in health consciousness, increase in disposable income, and growth in awareness regarding guilt-free products fuel the guilt-free dessert market across the globe.
Guilt-free desserts are a vital source of fiber, minerals, and vitamins, which drives the market growth to a greater extent. Gluten intolerance has become more prevalent nowadays, which has necessitated the manufacturers to focus on the production of gluten or guilt-free products. These desserts are made from plant-based ingredients and are a versatile option for the vegan and gluten intolerant population. Such products helps to improve the digestive system, energy, and cholesterol levels. Moreover, a surge in gluten-free ready meals and convenience food and the occurrence of celiac disease has offered lucrative opportunities for the key players. However, high raw material cost and price sensitivity are the significant challenges projected to hinder the global guilt-free desserts market growth.
Impact of COVID-19 on Guilt-Free Desserts Market
The COVID-19 has impacted the world's food and beverage enterprise in terms of manufacturing and revenue across the globe. The initial shutdown has created a global food crisis that has negatively impacted the global production. These disruptions are occurred in the supply chain due to a shortage of raw materials, workforce, and transportation restrictions. Such instances have posed a threat to the customer's health due to the poor availability of guilt-free desserts. However, since the upliftment of lockdown, several strategies have been proposed to improve the economic conditions in the upcoming years.
Key Insights
The report will cover the following key insights:
- Overview of parent/related market
- Drivers, restraints, and opportunities
- Key Trends and Innovations
- Regulatory Analysis
- Impact of COVID-19 on the Guilt-Free Desserts Market Industry
Analysis by Distribution Channel
Based on the distribution channel, the market is further segregated into food service and retail stores. The guilt-free desserts are widely available in a number of food premises such as restaurants, cafes, and hotels. Guilt-free dessert such as cakes, pastries and baked pie have gained much popularity due to the consumers appeal and social gatherings such as birthday and festive parties. However, nowadays, customers are majorly involved in bulk shopping; therefore, retail channels such as supermarkets are the most suitable and reliable option for the customers across the globe.
Regional Analysis
The Asia Pacific region has been one of the fastest-growing regions globally due to the rising awareness and acceptance of gluten-free products such as sorbets and ice creams, thus, fueling the global guilt-free dessert market. In order to maintain the market growth, the key players are planning to launch new guilt-free desserts to sustain their presence in the market. Other reasons such as an increase in disposable income, health consciousness, and lifestyle modifications are also promoting the growth of the global guilt-free dessert market.
Key Players
This report includes the profile of key players such as Karma Baker (U.S.), Alternative Foods (Philippines), Daiya Foods Inc. (Canada), Danone S.A. (France), Unilever (U.K.), Grupo Bimbo (U.S.), Bliss Unlimited, LLC (U.S.), HP Hood (Planet Oat) (U.S.), Cado (U.K.), and Ben & Jerry?s Homemade, Inc (U.S.).
Segmentation
By Type | By Distribution Channel | By Geography |
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Key Industrial Developments
- April 2022, Num Bakery has launched gourmet desserts such as cookies, brownies, and cookie bars which are gluten-free and keto-friendly. These goods are a suitable choice for diabetic patients.
January 2022, Hyderabad-based, MyFroyoLand has launched yogurt-comprising gluten-free desserts in various flavors such as peach sorbet, blueberry cheesecake, and green apple tart. All the products are vegetarian, fat-free, and sugar-free.
- Global
- 2023
- 2019-2022