GCC Ice Cream Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "GCC Ice Cream Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the GCC Ice Cream Market: 2024-2030
The GCC Ice Cream Market is estimated to grow at a CAGR of around 6.52% during the forecast period, i.e., 2024-30. 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.
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What are the primary factors driving the growth of the GCC Ice Cream Market?
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.
GCC Ice Cream Market Segmentation:
The GCC Ice Cream market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
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
- Supermarkets & Hypermarkets- Market Size & Forecast 2019-2030F, Million Litres
- Convenience & Grocery Store- Market Size & Forecast 2019-2030F, Million Litres
- Brand Owned Outlets- Market Size & Forecast 2019-2030F, Million Litres
- Ice Cream Carts- Market Size & Forecast 2019-2030F, Million Litres
- Others (Vending Machines, etc.)- Market Size & Forecast 2019-2030F, Million Litres
- Online- Market Size & Forecast 2019-2030F, Million Litres
Geographical Analysis into the GCC Ice Cream Market:
The GCC Ice Cream market is categorized based Countries:
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
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Competitive Landscape and GCC Ice Cream Market Share Analysis:
The competitive landscape of the GCC Ice Cream Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- 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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Questions Addressed in this Study
- What factors are driving the GCC Ice Cream Market growth?
- How is the GCC Ice Cream Market expected to grow over the next five years?
- What are the key insights into the current trends in the GCC Ice Cream Market?
- What is the current size of the GCC Ice Cream Market, and how is it projected to change in the future?
- What is the future outlook for the GCC Ice Cream Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, 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 14.8 diverse industrial verticals.
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