ID: MRFR/F-B & N/9053-HCR | April 2021 | Region: Global | 90 pages
The global guilt-free desserts market size was valued at USD 909.7 million in 2020 and is expected to exhibit a CAGR of 7.3% from 2021 to 2028.
Guilt-free deserts is a new concept and is generating huge traction in the North American and European countries. The concept of guilt free desserts involves usage of natural ingredients instead of artificial ones. They are also gluten-free and low glycemic desserts. Growing awareness regarding the health concerns associated with consumption of desserts have led to the rising trend of guilt-free desserts. Most desserts are made up of refined carbs, trans-fats, and added sugars which results in addition of excess body fat. Diabetes is one of the most common health concerns among the US population due to consumption of sweet based foods. According to the CDC report, 2020, new diabetes cases have decreased over the last decade. According to the reports, 34.2 million Americans have type 1 and type 2 diabetes. Hence with increasing health concerns, the concept of guilt-free desserts is popularizing across the globe. Additionally, increasing demand for dairy alternatives is another crucial factor contributing towards the growth of plant-based desserts.
The global guilt-free Desserts Market has witnessed exponential growth over the last couple of years. The outbreak of a global pandemic, COVID-19, has further created lucrative growth opportunities for many organic and plant-based dessert manufacturers in last couple of months. Increasing consumer awareness for more healthy and nutritious foods is anticipate to surge the market growth in the coming years. Post the Covid-19 outbreak, the entire baking industry has witnessed a shift in consumer taste and preferences. Plant-based deserts have taken a center-stage as a perfect alternative of the conventional desserts. Vegan desserts are overcoming negative perceptions around texture and taste, while foods with health benefits and nutritional value have also become increasingly important.\
Increasing consumer awareness towards healthy and nutritious food
By Product Type
By Distribution Channel
|Market Size||USD 909.7 million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Type, Application, Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Product Type, Distribution Channel, Food Services|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Unilever Bliss Unlimited, LLC Danone S.A. Cado Daiya Foods Inc. Ben & Jerry's Homemade, Inc. Alternative Foods Grupo Bimbo Karma Baker HP Hood (Planet Oat)|
|Key Market Opportunities||Increasing consumer awareness towards healthy and nutritious food|
|Key Market Drivers||The advent of food-based e-commerce platforms|