Market Insights & Analysis: GCC Ice Cream Market (2024-30)
Projected Growth: The GCC Ice Cream Market size is estimated to grow at a CAGR of around 6.52% during the forecast period 2024-30.
Comprehensive Overview of the GCC Ice Cream Market
Utilizing both primary and secondary research methodologies, the GCC Ice Cream Market report offers an in-depth analysis valuable for stakeholders and investors seeking market insights. This report delves into market dynamics, providing a detailed examination of regional trends and developments.
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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
By Product Type
-Impulse Ice Cream
-Take Home Ice Cream
-Artisanal Ice Cream
-Single Portion Dairy Ice Cream
- Impulse ice cream is expected to witness significant growth in the market during forecast period.
By Flavor
-Mango
-Chocolate
-Vanilla
-Others (Strawberry, Butterscotch, etc.)
By Format
-Cup
-Stick
-Bricks
-Cones
-Others (Sandwich, Tubs, etc.)
By Sales Channel
-Offline
–Supermarkets & Hypermarkets
–Convenience & Grocery Store
–Brand Owned Outlets
–Ice Cream Carts
–Others (Vending Machines, etc.)
-Online
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Key Players in the GCC Ice Cream Market
The report features major players including:
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)
Regional Analysis
The report covers a comprehensive analysis of the GCC Ice Cream Market across various regions:
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
The research highlights development opportunities and challenges in these regions, encompassing sales growth, product pricing and analysis, growth potential, and strategic recommendations for addressing market challenges.
Key Questions Answered in the GCC Ice Cream Market Report
- Who are the major players in the GCC Ice Cream Market?
- Which region presents the most potential for the GCC Ice Cream Market?
- Which application area of the GCC Ice Cream Market is anticipated to grow significantly in the coming years?
- What opportunities exist for new market entrants?
- What is the projected market size for the GCC Ice Cream Market by the end of the forecast period?
- What are the growth prospects for the GCC Ice Cream Market?
- What is the base year considered in this market report?
- Which region holds the largest market share in the GCC Ice Cream Market?
- What factors are expected to drive the growth of the GCC Ice Cream Market?
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