GCC Ice Cream Market is expected to gain market growth in the forecast period of 2024-2030
GCC Ice Cream Market is expected to gain market growth in the forecast period of 2024-2030
Share this Post to earn Money ( Upto ₹100 per 1000 Views )
According to MarkNtel Advisors study the GCC Ice Cream Market is estimated to grow at a CAGR of around 6.52% during the forecast period, i.e., 2024-30.
Access Free Sample Report - https://www.marknteladvisors.com/query/request-sample/gcc-ice-cream-market.html
Key Findings of the Study: GCC Ice Cream market
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 Challenge:
Government Stringent Regulations for the Packaging, Expiration and Transparent Labelling of Food Products – Nations in the GCC region, implementing strict regulations, that mandate the mention of allergen ingredients on the labels of all food products including ice cream. Meeting stringent regulatory requirements involves significant investments in packaging materials, labeling, and quality control measures. The compliance costs result in an increase in the overall production cost of ice cream products.
Moreover, the GCC Standardized Organization implementing regulations for standardizing the solid content and dairy content in the ice cream products which is affecting the manufacturer to reconsider their formulations to comply with the rules. Most of the ingredients that are used in the production process of ice cream are outsourced by the manufacturer, which should meet the quality standardization. Thus, the presence of allergen ingredients could negatively affect the producer’s reputation, and credibility of the products and affect the company’s image, across the region further impacting the overall ice cream market size across the region.
For more detailed information about the GCC Ice Cream market report, click here – https://www.marknteladvisors.com/research-library/gcc-ice-cream-market.html
Scope of the Report and GCC Ice Cream Market Segmentation:
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.
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
GCC Ice Cream Market Competitive Landscape
- 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)
GCC Ice Cream Market Development:
- In 2022: Al Ain, launched camel milk based ice cream in the UAE, in the various flavours including date, saffron, cardamom, chocolate, etc.
- In 2022: Saudia Dairy and Foodstuff Company (Sadafco), opened new ice-cream factory combined with the existing Sadafco milk factory in Jeddah, Saudi Arabia.
Geographical Analysis:
By Country
- The UAE
- Saudi Arabia
- Qatar
- Kuwait
- Oman
- Bahrain
The UAE is anticipated to hold a major market share in the upcoming years owing to the implementation of a supportive policy for the development of the food & beverage industry.
Note: If you require specific information not covered in the current report, we can provide it through customized option
Why choose Us?
MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
For Media Inquiries, Please Contact:
Call: +1 628 895 8081 | +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India