GCC Ice Cream Market Forecast 2024-29: Unleashing Growth Potential and Profitability

GCC Ice Cream Market - Industry Trends and Forecast to 2029

MarkNtel Advisors, a prominent market research firm, has recently published a report titled GCC Ice Cream Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2029. This study offers an in-depth examination of the industry, encompassing GCC Ice Cream market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and country while spotlighting the most recent developments in the market.

GCC Ice Cream Reports Highlights

What is the size of the GCC Ice Cream Market?

The GCC Ice Cream Market is estimated to grow at a CAGR of around 6.52% during the forecast period, i.e., 2024-29. The growth of the market is attributed to various factors including GCC nation’s moving towards the digitalization of their economy, intensifying efforts for expansion, promoting local businesses & manufacturers, and the favorable weather and climate of the region for the consumption of frozen desserts.

GCC region located in the Arabian Peninsula and covered by vast desert lands as the climate of the region generally remains warm to hot throughout the year and sometimes in summer, the temperature of various nations reaches up to more than 45 degrees Celsius. Thus, the consumers in this region prefer the consumption of frozen desserts such as ice cream due to the suitability of weather. The government is actively promoting local manufacturers, encouraging self-sufficiency in food production. This initiative includes launching various programs and providing funding to support local food and snack producers.

What do the growth prospects and trends look like in the GCC Ice Cream Industry?

Growing Demand for Gluten and Lactose Free Food products – Over the years, the increasing prevalence of lactose intolerance in the GCC region has led to a shift in consumer preferences, with more people prioritizing their health and well-being by becoming increasingly conscious of their dietary choices. This change in consumer food habits led to the demand for lactose-intolerant food products including snacks, and cooling beverages. To capture the attention of this growing segment, various food & ice cream manufacturer, made significant changes in their product formulations. For instance, in 2020, Brooklyn Creamery launched chocolate-covered ice cream bars with low-fat and lactose-free characteristics without artificial colours. Furthermore, as ice cream manufacturers establish separate production lines for gluten and lactose-free ice cream to meet the expected surge in demand, this proactive approach is poised to drive the growth of the ice cream market in the GCC region in the upcoming years.

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What Components are encompassed within GCC Ice Cream Market segmentation?

The report has divided the market into the following segments:

By Product Type

-Impulse Ice Cream- Market Size & Forecast 2019-2029F, Million Litres

-Take Home Ice Cream- Market Size & Forecast 2019-2029F, Million Litres

-Artisanal Ice Cream- Market Size & Forecast 2019-2029F, Million Litres

-Single Portion Dairy Ice Cream- Market Size & Forecast 2019-2029F, Million Litres

By Flavor

-Mango- Market Size & Forecast 2019-2029F, Million Litres

-Chocolate- Market Size & Forecast 2019-2029F, Million Litres

-Vanilla- Market Size & Forecast 2019-2029F, Million Litres

-Others (Strawberry, Butterscotch, etc.)- Market Size & Forecast 2019-2029F, Million Litres

By Format

-Cup- Market Size & Forecast 2019-2029F, Million Litres

-Stick- Market Size & Forecast 2019-2029F, Million Litres

-Bricks- Market Size & Forecast 2019-2029F, Million Litres

-Cones- Market Size & Forecast 2019-2029F, Million Litres

-Others (Sandwich, Tubs, etc.)- Market Size & Forecast 2019-2029F, Million Litres

By Sales Channel

-Offline- Market Size & Forecast 2019-2029F, Million Litres

--Supermarkets & Hypermarkets- Market Size & Forecast 2019-2029F, Million Litres

--Convenience & Grocery Store- Market Size & Forecast 2019-2029F, Million Litres

--Brand Owned Outlets- Market Size & Forecast 2019-2029F, Million Litres

--Ice Cream Carts- Market Size & Forecast 2019-2029F, Million Litres

--Others (Vending Machines, etc.)- Market Size & Forecast 2019-2029F, Million Litres

-Online- Market Size & Forecast 2019-2029F, Million Litres

By Country

-The UAE

-Saudi Arabia

-Qatar

-Kuwait

-Oman

-Bahrain.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

Dunkin Brands, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

General Mills, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Mini Melts, Inc.

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Nestle SA

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

IFFCO Group

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Mars, Incorporated

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Graviss Group

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Unilever Group

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Saudi Ice-Cream Factory Ltd

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others

Saudi Dairy & Foodstuff Co Ltd

-Business Description

-Product Portfolio

-Strategic Alliances or Partnerships

-Recent Developments

-Financial Details

-Others.

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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