Middle East & Africa Ice Cream Market Share, Industry | 2031

Middle East & Africa Ice Cream Market Share, Industry | 2031

Segments - Middle East & Africa Ice Cream Market by Product Types (Take Home Ice Cream, Impulse Ice Cream, and Artisanal Ice Cream), Distribution Channels (Convenience Stores, Specialist Stores, Supermarkets/Hypermarkets, and Others), and Geography (South Africa, Saudi Arabia, The UAE, and Rest of Middle East & Africa) - Middle East & Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-2617 | 4.6 Rating | 69 Reviews | 184 Pages | Format : PDF Excel PPT

Report Description


The Middle East & Africa Ice Cream Market size was valued at USD 3.34 Billion in 2022 and is expected to surpass USD 4.84 Billion by 2031, expanding at a CAGR of 4.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the rising demand of premium ice creams products.

Ice cream is a frozen food, which is eaten as a dessert or snack and it is usually sweet in taste. It is flavored with ingredients such as vanilla, cocoa, or with fruits including peaches or strawberries. It can be made by whipping a seasoned fluid nitrogen and cream base. Colorings are now and then addeds in addition to stabilizers. This combination is cooled beneath the edge of freezing point of water and mixed to incorporate air space and anticipate the development of perceivable ice crystal, which forms a semi-solid and smooth foam. The ice cream is solid at low temperature of below 2°C.

Middle East & Africa Ice Cream Market Outlook

  • Improving purchasing power of consumers and rising disposable income are the major drivers of the market growth.

  • Increasing number of online food delivery services is estimated to propel the growth of market.

  • Growing demand for convenience foods is anticipated to drive the market growth.

  • Health concerns associated with ice creams can impede the market growth.

  • Rising number of lactose-free ice cream and increasing demand for sugar-free ice cream are anticipated to create lucrative opportunities for the ice cream market in Middle East & Africa.

Scope of Middle East & Africa Ice Cream Market Report

The Middle East & Africa ice cream market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Middle East & Africa Ice Cream Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Product Types (Take Home Ice Cream, Impulse Ice Cream, and Artisanal Ice Cream) and Distribution Channels (Convenience Stores, Supermarkets/Hypermarkets, Specialist Stores, and Others)

Geographical Scope

South Africa, Saudi Arabia, The UAE, and Rest of Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

R&R Ice Cream; Parmalat SpA; Nestle; General Mills Inc.; and The Knickerbocker Ice Cream Company

 

Middle East & Africa Ice Cream Market Segment Insights

Take home ice cream segment is anticipated to exhibit a high CAGR

On the basis of product types, the market is segregated into take home ice cream, impulse ice cream, and artisanal ice cream. The take home ice cream is expected to hold a large market share during the forecast period. Take home ice cream are big in size and cost-effective as compared to other product types. Water or dairy-based multi-serving sorbet tubs, ice cream tubs, and ice cream cakes are types of take home ice cream. Development of new product marketing activities, packaging, and improvement in distribution channels are anticipated to spur the market of the market segment.

Middle East & Africa Ice Cream Market Product Types

Supermarkets/hypermarkets segment to hold a major market share

In terms of distribution channels, the market is categorized as convenience stores, supermarkets/hypermarkets, specialist stores, and others. The supermarkets/hypermarkets segment is projected to expand at a considerable CAGR during the forecast period due to availability of variety of flavors and ease of shopping.

South Africa is projected to expand at a considerable CAGR

Based on geography, the Middle East & Africa ice cream market is categorized as South Africa, Saudi Arabia, the UAE, and Rest of Middle East & Africa. South Africa is expected to constitute a key share of the market during the projected period due to rising preference for ice cream and existence of international players such as Baskin-Robbins, Unilever, and Haagen-Dazs. Ice creams are the main dessert in the South Africa. Innovation in concept such as magnum pop-up store, which provides consumer the opportunity to match and mix ice creams, assist them to discover new flavors.

Segments

The Middle East & Africa ice cream market is segmented on the basis of:

Product Types

  • Take Home Ice Cream
  • Impulse Ice Cream
  • Artisanal Ice Cream

Distribution Channels

  • Convenience Stores
  • Supermarkets/Hypermarkets
  • Specialist Stores
  • Others

Geography

  • South Africa
  • Saudi Arabia
  • The UAE
  • Rest of Middle East & Africa

Key Players

  • R&R Ice Cream
  • Parmalat SpA
  • Nestle
  • General Mills Inc.
  • The Knickerbocker Ice Cream Company

Competitive Landscape

The key players competing in the Middle East & Africa ice cream market are R&R Ice Cream; Parmalat SpA; Nestle; General Mills Inc.; and The Knickerbocker Ice Cream Company.

Middle East & Africa Ice Cream Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ice Cream Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ice Cream Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ice Cream Market - Supply Chain
  4.5. Global Ice Cream Market Forecast
     4.5.1. Ice Cream Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ice Cream Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ice Cream Market Absolute $ Opportunity
5. Global Ice Cream Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Ice Cream Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Ice Cream Demand Share Forecast, 2019-2026
6. North America Ice Cream Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Ice Cream Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Ice Cream Demand Share Forecast, 2019-2026
7. Latin America Ice Cream Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Ice Cream Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Ice Cream Demand Share Forecast, 2019-2026
8. Europe Ice Cream Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Ice Cream Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Ice Cream Demand Share Forecast, 2019-2026
9. Asia Pacific Ice Cream Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Ice Cream Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Ice Cream Demand Share Forecast, 2019-2026
10. Middle East & Africa Ice Cream Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Ice Cream Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Ice Cream Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Ice Cream Market: Market Share Analysis
  11.2. Ice Cream Distributors and Customers
  11.3. Ice Cream Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. R&R Ice Cream
     11.4.2. Parmalat SpA
     11.4.3. Nestle
     11.4.4. General Mills Inc.
     11.4.5. The Knickerbocker Ice Cream Company

Methodology

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