Marketing & Advertising

In 2019, the global guilt-free desserts market was valued at USD 909.7 million and is expected to register a CAGR of 7.3% between 2020 and 2027.

Guilt-free desserts are made from low calorie and natural ingredients. These can also be plant-based. Guilt-free desserts are gaining huge traction in the market off late. Rising health consciousness across the globe has been a key factor behind its growth. Increasing trend of veganism and flexitarianism across North American and European population has been a major factor toward the growth of guilt-free desserts market. Additionally, advent of many food tech startups specializing in organic and plant-based desserts across the globe has further proliferated the market in recent times. Furthermore, advent of many food based online channels specializing in providing various healthy and nutritious foods are also anticipated to crate lucrative opportunities during the review period.

Guilt-Free Desserts Market

Market USP

Increasing consumer awareness toward healthy and nutritious food

Growth Opportunities in the Market

Growing demand for organic and vegan cakes & pastries: Shift in consumer taste and preference toward healthy and nutritious foods have led toward the growth of the market during the review period. Cakes and pastries are most common forms of desserts used for consumption. Hence, the segment is expected to create lucrative opportunity in coming years.The cakes and pastries segment is expected to remain dominant during the forecast period.

Food retail segment to remain dominant distribution channels: Food retail segment dominated the global guilt-free desserts market. The food retail segment has been divided into supermarkets & hypermarkets, convenience stores, specialty stores, and others. Strong consumer reach along with availability of numerous product offerings have contributed to the dominance of the segment. The segment generated a market share of approximately 70% in 2019 and is anticipated to remain dominant during the review period. However, the food service segment is also anticipated to witness substantial growth in near future. Seeing the lucrative opportunities, many hotel

oReCa chains are expected to include vegan desserts in their menu in theupcoming years.

Key Players

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)

Complete Report Details @ https://www.marketresearchfuture.com/reports/guilt-free-desserts-market-10534

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