Quick Overview of the GCC Ice Cream Market Analysis

The  GCC Ice Cream Market Analysis, research report provides an in-depth market study with qualitative and quantitative research of the continuing industry trends, opportunities, growth areas, drivers, and challenges, which would enable stakeholders to align their market strategies according to the present & future market dynamics.

Detailed Analysis of GCC Ice Cream Industry (2024-30): Reveals Further Growth &Market Expansion

According to the most recent study, the GCC Ice Cream Market is projected to grow at a CAGR of around 6.52% during the forecast period, i.e., 2024-30. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, regional landscape, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2024-30.

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GCC Ice Cream Market Opportunity:

Burgeoning Demand for Nutritional Ice Cream Owing to Increasing Health Concerns – Over the years, in the GCC region, most of the countries suffering from health issues such as obesity, diabetes, and others. As the health concern among the population of this region increases, a shift in their dietary preference also has been seen over the years. Hence, the consumer in this region seeks healthier options to satisfy their cravings as well as to avoid the consumption of high-sugar and fat-content food products. Therefore, ice cream producers making considerable changes in their product formulations to address the shifting demand. Thus in 2021, Brooklyn Creamery launched a new ice cream protein pot in the UAE, that is lower in fat and calories, and high in protein. Such new healthy segment ice cream also encourages other producers to launch their products in this segment for consumer capturing. Therefore, ice cream manufacturers developing healthy formulations of ice cream consistently to comply with changing consumer preferences would further accelerate the growth of market in the forecast period.

GCC Ice Cream Market Segmentation Analysis

-By Product Type

• Impulse Ice Cream- Market Size & Forecast 2019-2030F, Million Litres
• Take Home Ice Cream- Market Size & Forecast 2019-2030F, Million Litres
• Artisanal Ice Cream- Market Size & Forecast 2019-2030F, Million Litres
• Single Portion Dairy Ice Cream- Market Size & Forecast 2019-2030F, Million Litres

-By Flavor

• Mango- Market Size & Forecast 2019-2030F, Million Litres
• Chocolate- Market Size & Forecast 2019-2030F, Million Litres
• Vanilla- Market Size & Forecast 2019-2030F, Million Litres
• Others (Strawberry, Butterscotch, etc.)- Market Size & Forecast 2019-2030F, Million Litres

-By Format

• Cup- Market Size & Forecast 2019-2030F, Million Litres
• Stick- Market Size & Forecast 2019-2030F, Million Litres
• Bricks- Market Size & Forecast 2019-2030F, Million Litres
• Cones- Market Size & Forecast 2019-2030F, Million Litres
• Others (Sandwich, Tubs, etc.)- Market Size & Forecast 2019-2030F, Million Litres

-By Sales Channel

• Offline- Market Size & Forecast 2019-2030F, Million Litres
• Online- Market Size & Forecast 2019-2030F, Million Litres

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Geographical Analysis:

-By Country

• The UAE
• Saudi Arabia
• Qatar
• Kuwait
• Oman
• Bahrain

The UAE is anticipated to hold a major market share in the upcoming years owing to the implementation of a supportive policy for the development of the food & beverage industry, followed by the national food security strategy 2051 which offers long-term financial stability to the foreign investors. The UAE accounted for around 18% of the middle east region’s food & beverage trading. Also government intensifying efforts to develop e-commerce platforms by promoting digital payment.

Furthermore, the country’s dry weather, followed by longer summer leads to the demand for cooling beverages such as ice cream in the country. Also, ice cream manufacturers launching innovative ice cream flavors to cater the demand of diverse cultural background expatriates in the country. These factors, combined with the nation’s passion for frozen treats, are expected to drive continued expansion and opportunity within the UAE’s ice cream market.

Key Players and Competitive Strategies in the GCC Ice Cream Market

The report provides a study that looks at the requirements for manufacturing and processing, project expenses, finance, and economics, as well as projected profit margins and returns on investment. This also helps in identifying the major market players in the market such as:

• Dunkin Brands, Inc.
• General Mills, Inc.
• Mini Melts, Inc.
• Nestle SA
• IFFCO Group
• Mars, Incorporated
• Graviss Group
• Unilever Group
• Saudi Ice-Cream Factory Ltd
• Saudi Dairy & Foodstuff Co Ltd
• Others (Batterjee Foodstuffs Factory, Cone Zone Co)

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GCC Ice Cream Industry Recent Development:

• In 2022: Al Ain, launched camel milk based ice cream in the UAE, in the various flavours including date, saffron, cardamom, chocolate, etc.
• In 2022: Saudia Dairy and Foodstuff Company (Sadafco), opened new ice-cream factory combined with the existing Sadafco milk factory in Jeddah, Saudi Arabia.

Key Report Highlights

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

Key Questions Answered in the Research Report

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography and product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behaviour, customer inclination, and expectations from product manufacturers been evolving during 2024-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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