IMARC Group, a leading market research company, has recently released a report titled “GCC Ice Cream Market Report by Flavor (Chocolate, Fruit, Vanilla, and Others), Category (Impulse Ice Cream, Take-Home Ice Cream, Artisanal Ice Cream), Product (Cup, Stick, Cone, Brick, Tub, and Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Ice Cream Parlours, Online Stores, and Others), and Country 2024-2032.” The study provides a detailed analysis of the industry, including the GCC ice cream market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the GCC Ice Cream Market?
The GCC ice cream market size is projected to exhibit a growth rate (CAGR) of 6.03% during 2024-2032.
What is Ice Cream?
Ice cream is a frozen dessert made primarily from milk, cream, sugar, and flavorings, typically churned during the freezing process to incorporate air and achieve a smooth texture. This universally popular treat comes in a myriad of flavors, from classic vanilla and chocolate to exotic fruits and spices. One of the defining characteristics of ice cream is its creamy, rich texture, which is achieved through the careful balance of milk fats and the air incorporated during the churning process.
The sugar content not only adds sweetness but also lowers the freezing point, ensuring that the ice cream remains somewhat soft even when frozen. Features of modern ice cream varieties extend far beyond the traditional scoop, with offerings such as gelato, which is a denser and more intensely flavored version, and frozen yogurt, which is touted for its lower fat content. There are also vegan alternatives made from almond milk, coconut milk, or soy milk. Innovations in the ice cream industry have introduced features like mix-ins, swirls, and layers, as well as unique textures like crunchiness or chewiness, to enhance the eating experience. Additionally, advancements in freezing technology have enabled the production of ice cream with longer shelf lives and better resistance to melting.
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What are the Growth Prospects and Trends in the GCC Ice Cream Industry?
The increasing demand for premium and artisanal ice creams is a significant factor propelling the growth of the ice cream market in the Gulf Cooperation Council (GCC) region. In addition, rising disposable incomes and the influence of Western lifestyles are contributing to the expansion of the market.
Moreover, a burgeoning youth population and a growing number of tourists have led to increased consumption of ice cream in the region. Technological advancements, such as innovative refrigeration methods and smart vending machines, are also driving market growth. Technologies like Artificial Intelligence (AI) and Near Field Communication (NFC) are being integrated into vending machines and point-of-sale systems, offering consumers a more interactive and convenient shopping experience. These technological innovations also facilitate efficient inventory tracking and enhance security measures against counterfeit products. Urbanization trends in the GCC region are leading to increased availability and accessibility of ice cream products, particularly in malls and public spaces, further fuelling the market. New and more convenient formats of ice cream, such as gelato, soft serve, and frozen yogurts, are becoming popular, and contribute to a diversified product range. Increasing environmental awareness is leading to a growing demand for eco-friendly products. This has resulted in the introduction of ice creams made from organic and natural ingredients, using sustainable packaging materials.
Furthermore, the robust growth in the e-commerce sector and improvements in logistics have facilitated online shopping for ice cream products. Other driving factors include a rise in living standards and increased health awareness. The latter is leading to the development of healthier ice cream alternatives, such as low-fat and sugar-free variants.
What is Included in Market Segmentation?
Our report has categorized the market based on flavor, category, product, and distribution channel.
Flavor Insights:
- Chocolate
- Fruit
- Vanilla
- Others
Category Insights:
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Product Insights:
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Distribution Channel Insights:
- Supermarkets/Hypermarkets
- Convenience Stores
- Ice Cream Parlours
- Online Stores
- Others
Country Insights:
- Saudi Arabia
- UAE
- Qatar
- Bahrain
- Kuwait
- Oman
Who are the Key Players Operating in the GCC Ice Cream Market?
The report has also provided a comprehensive analysis of the competitive landscape in the market.
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Key Highlights of the Report:
- Market Performance (2018-2022)
- Market Outlook (2024-2032)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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