GCC Ice Cream Market Report 2024-29: Analysis of Market Size, CAGR, Profitable Segments, and Leading Regions

According to the latest market research report title “GCC Ice Cream Market By Product Type (Impulse Ice Cream, Take Home Ice Cream, Artisanal Ice Cream, Single Portion Dairy Ice Cream), 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), By Country (The UAE, Saudi Arabia, Qatar, Kuwait, Oman, Bahrain)--Forecast to 2029″, published by MarkNtel Advisors, 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 data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-29). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.

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GCC Ice Cream Market Driver:

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 highly robust and fragmented into numerous 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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Key Players Operating in the GCC Ice Cream Market: -

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

Key Questions Answered:

What is the projected CAGR of the GCC Ice Cream Market during the forecast period?
Which segment is expected to lead the GCC Ice Cream Market?
Who are the prominent players driving market growth?

Key Offerings:

Market Share, Size, and Revenue Forecast
Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
Landscape: Leading key players and other prominent participants

About MarkNtel Advisors

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.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfilled their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.