The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), GCC Ice Cream Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
GCC Ice Cream Industry Analytical Overview (2024-2030): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, GCC Ice Cream Market is estimated 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, geography, 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 to 2030.
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What is Included in GCC Ice Cream Market Segmentation?
The report has segmented the market into the following categories:
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
Impulse ice cream is expected to witness significant growth in the market during forecast period. This growth could be attributed to the availability of impulse ice cream in single-serving packages which provides convenience to the consumers such as tourists and the working population to grab and enjoy on the go. The accessibility and pricing of these ice cream make it more appealing to consumers. These ice creams are easily available in high foot traffic areas such as gas stations, convenience stores, etc. Impulse ice cream often comes in pre-determined portions which helps consumer with specific dietary controls to manage their ice cream intake and avoid overconsumption. This convenience in consumption and easy availability are the main factors anticipated to drive the market growth in the near future.
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
By Country
– The UAE
– Saudi Arabia
– Qatar
– Kuwait
– Oman
– Bahrain
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Key Factor Driver GCC Ice Cream Industry Growth by 2030
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.
Who are the Key Players Operating in the GCC Ice Cream Industry?
The top companies of the GCC Ice Cream market ruling the industry are:
- 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
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the GCC Ice Cream Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the GCC Ice Cream industry?
- Which is the Leading segment in the market?
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