Saudi Arabia Ice Cream Market: In-Depth Analysis and Forecasts for 2024-2029
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "Saudi Arabia Ice Cream Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Saudi Arabia Ice Cream Market: 2024-2029
The Saudi Arabia Ice Cream Market size was valued at around USD 551.7 million in 2022 and is estimated to grow at a CAGR of about 7.50% during the forecast period, i.e., 2024-29. Ice cream is referred to as a frozen dessert crafted from ingredients like milk, cream, sugar, and occasionally additional components, often incorporating stabilizers like gluten to maintain its texture. The factor attributing to the growth in the demand for ice cream in Saudi Arabia is its temperature and hot & humid conditions.
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What are the primary factors driving the growth of the Saudi Arabia Ice Cream Market?
Thriving Tourism & Hospitality Sector to Boost the Sales of Ice Creams in Saudi Arabia – Over the past few years, Saudi Arabia has emerged as a popular destination for tourists, attracting millions of visitors from around the globe due to the prevalence of cultural heritage sites & architecture. This increasing number of inbound tourists led to the construction of new hotels & restaurant projects to cater to the growing demand for the accommodation of guests.
These hotels & restaurants offer ice cream to guests as a part of their buffets. In addition, major cities in Saudi Arabia like Riyadh, and Jeddah have observed a noticeable increase in contemporary dessert boutiques and ice cream parlors. These establishments have visually appealing ice cream creations, attracting tourists, especially the younger or GenZ population. Hence, the increasing number of hotels and restaurants in the country is increasing consumption, thus driving the Saudi Arabia Ice Cream Market.
Saudi Arabia Ice Cream Market Segmentation:
The Saudi Arabia Ice Cream market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Product Type
- Impulse Ice Cream- Market Size & Forecast 2018-2028F, Million Litres
- Take Home Ice Cream- Market Size & Forecast 2018-2028F, Million Litres
- Artisanal Ice Cream- Market Size & Forecast 2018-2028F, Million Litres
- Single Portion Dairy Ice Cream- Market Size & Forecast 2018-2028F, Million Litres
By Flavor
- Mango- Market Size & Forecast 2018-2028F, Million Litres
- Chocolate- Market Size & Forecast 2018-2028F, Million Litres
- Vanilla- Market Size & Forecast 2018-2028F, Million Litres
- Others (Strawberry, Butterscotch, etc.)- Market Size & Forecast 2018-2028F, Million Litres
By Format
- Cup- Market Size & Forecast 2018-2028F, Million Litres
- Stick- Market Size & Forecast 2018-2028F, Million Litres
- Bricks- Market Size & Forecast 2018-2028F, Million Litres
- Cones- Market Size & Forecast 2018-2028F, Million Litres
- Others (Sandwich, Tubs, etc.)- Market Size & Forecast 2018-2028F, Million Litres
By Sales Channel
- Offline- Market Size & Forecast 2018-2028F, Million Litres
- Supermarkets & Hypermarkets- Market Size & Forecast 2018-2028F, Million Litres
- Convenience & Grocery Store- Market Size & Forecast 2018-2028F, Million Litres
- Brand Owned Outlets- Market Size & Forecast 2018-2028F, Million Litres
- Ice Cream Carts- Market Size & Forecast 2018-2028F, Million Litres
- Others (Vending Machines)- Market Size & Forecast 2018-2028F, Million Litres
- Online- Market Size & Forecast 2018-2028F, Million Litres
Geographical Analysis into the Saudi Arabia Ice Cream Market:
The Saudi Arabia Ice Cream market is categorized based regional:
- Central
- East
- West
- South
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Competitive Landscape and Saudi Arabia Ice Cream Market Share Analysis:
The competitive landscape of the Saudi Arabia Ice Cream Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- Saudia Dairy & Foodstuff Co. Ltd (SADAFCO)
- IFFCO Group
- Saudi Ice Cream Factory Ltd
- Baskin-Robins Saudi Arabia
- Mars Saudi Arabia Ltd.
- Batterjee Foodstuffs Factory
- Arabian Food & Dairy Factories (FADECO) Co.
- General Mills Inc.
- Cone Zone Co.
- Unilever Group
- Others (Cioccolatitaliani, Al Wefag Trading Est)
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Questions Addressed in this Study
- What factors are driving the Saudi Arabia Ice Cream Market growth?
- How is the Saudi Arabia Ice Cream Market expected to grow over the next five years?
- What are the key insights into the current trends in the Saudi Arabia Ice Cream Market?
- What is the current size of the Saudi Arabia Ice Cream Market, and how is it projected to change in the future?
- What is the future outlook for the Saudi Arabia Ice Cream Market in terms of technological advancements and market expansion?
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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 14.8 diverse industrial verticals.
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