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Middle East & Africa Ice Cream Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Flavor (Vanilla, Chocolate, Fruit, and Others), Category (Conventional and Sugar Free), Form (Cups and Tubs, Bars and Sticks, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

The MEA ice cream market is expected to grow from US$ 3,343.49 million in 2022 to US$ 4,278.32 million by 2028; it is estimated to grow at a CAGR of 4.2% from 2022 to 2028.

Functional ice cream has become a popular product among health-conscious consumers as it contains high-quality ingredients and fulfills consumers’ nutritional requirements more than regular ice cream. Traditional ice cream contains nutritional properties and various health benefits. So, the increasing interest of ice cream manufacturers in fortification and the addition of functional ingredients may influence the consumer’s decision to select a healthy alternative. Beyond basic nutrition, functional food provides advantages that can help lower or prevent the risk of certain diseases. Moreover, sugar-free, low-fat functional ice creams are gaining huge popularity due to their health benefits. The COVID-19 pandemic further influenced the demand for functional ice creams, and manufacturers are taking advantage of this opportunity. Low-sugar and high-protein ice cream have become especially popular among athletes and consumers looking for non-staple food and beverage products with better nutritional content. The high demand for functional ice creams is majorly driven by product innovations, especially in terms of taste profile and nutritional value. The rise in demand for functional ice cream is expected to create lucrative growth opportunities in the ice cream market across the region during the forecast period.

Vendors in the ice cream market can attract new customers and expand their footprints in emerging markets by offering products with new features and technologies. This factor is likely to drive the MEA ice cream market at a good CAGR during the forecast period.

MEA Ice Cream Market Revenue and Forecast to 2028 (US$ Million)

MEA Ice Cream Market Segmentation

The MEA ice cream market is segmented on the basis of flavor, category, form, distribution channel, and country. Based on flavor, the market is segmented into vanilla, chocolate, fruit, and others. The chocolate segment dominated the market in 2022 and is expected to register the highest CAGR during forecast period. Based on category, the market is segmented into conventional and sugar free. The conventional segment dominated the market in 2022 and sugar free segment is expected to register the highest CAGR during the forecast period. Based on form, the MEA ice cream market is segmented into cups & tubs, bars & sticks, and others. The cups & tubs segment dominated the market in 2022, and the bars & sticks segment is expected to register the highest CAGR during the forecast period. Based on distribution channel, the MEA ice cream market is segmented into supermarkets and hypermarkets, specialty store, online retail, and others. The supermarkets and hypermarkets segment dominated the market in 2022, and the online retail segment is expected to register the highest CAGR during the forecast period. Based on country, the MEA ice cream market is segmented into Saudi Arabia, the UAE, South Africa, and Rest of MEA.

General Mills Inc.; Inspire Brands, Inc.; Lotte Confectionery Co., Ltd.; Mars, Incorporated; Nestlé S.A.; and Unilever are among the leading companies in the MEA ice cream market.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis Formulation:
3.2.4 Macro-economic Factor Analysis:
3.2.5 Developing Base Number:
3.2.6 Data Triangulation:
4. MEA Ice Cream Market Overview
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Expert Opinion
5. Global Ice Cream Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Frozen Desserts
5.1.2 Innovative Flavors and Loaded Indulgence
5.2 Market Restraints
5.2.1 Health Problems Associated with Ice Cream
5.3 Market Opportunities
5.3.1 Rising Popularity of Functional Ice Cream
5.4 Future Trends
5.4.1 Increasing Trend of Consuming Dairy-Free and Vegan Ice Cream
5.5 Impact Analysis of Drivers and Restraints
6. Ice Cream Market – MEA Market Analysis
6.1 MEA Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
7. MEA Ice Cream Market Analysis – By Flavor
7.1 Overview
7.2 MEA Ice Cream Market, By Flavor (2021 and 2028)
7.3 Vanilla
7.3.1 Overview
7.3.2 Vanilla: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Chocolate
7.4.1 Overview
7.4.2 Chocolate: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Fruit:
7.5.1 Overview
7.5.2 Fruit: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Ice Cream Market– Revenue and Forecast to 2028 (US$ Million)
8. MEA Ice Cream Market Analysis – By Category
8.1 Overview
8.2 MEA Ice Cream Market, By Category (2021 and 2028)
8.3 Conventional
8.3.1 Overview
8.3.2 Conventional: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Sugar Free
8.4.1 Overview
8.4.2 Sugar Free: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Ice Cream Market Analysis – By Form
9.1 Overview
9.2 MEA Ice Cream Market, By Form (2021 and 2028)
9.3 Cups and Tubs
9.3.1 Overview
9.3.2 Cups and Tubs: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Bars and Sticks
9.4.1 Overview
9.4.2 Bars and Sticks: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10. MEA Ice Cream Market Analysis – By Distribution Channel
10.1 Overview
10.2 MEA Ice Cream Market, By Distribution Channel (2021 and 2028)
10.3 Supermarkets and Hypermarkets
10.3.1 Overview
10.3.2 Supermarkets and Hypermarkets: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Specialty Stores
10.4.1 Overview
10.4.2 Specialty Stores: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Online Retail
10.5.1 Overview
10.5.2 Online Retail: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
11. MEA Ice Cream Market – Country Analysis
11.1 Overview
11.1.1 Middle East and Africa: Ice Cream Market, by Key Country
11.1.1.1 Saudi Arabia: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 Saudi Arabia: Ice Cream Market, By Flavor
11.1.1.1.2 Saudi Arabia: Ice Cream Market, by Category
11.1.1.1.3 Saudi Arabia: Ice Cream Market, By Form
11.1.1.1.4 Saudi Arabia: Ice Cream Market, by Distribution Channel
11.1.1.2 UAE: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 UAE: Ice Cream Market, By Flavor
11.1.1.2.2 UAE: Ice Cream Market, by Category
11.1.1.2.3 UAE: Ice Cream Market, By Form
11.1.1.2.4 UAE: Ice Cream Market, by Distribution Channel
11.1.1.3 South Africa: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 South Africa: Ice Cream Market, By Flavor
11.1.1.3.2 South Africa: Ice Cream Market, by Category
11.1.1.3.3 South Africa: Ice Cream Market, By Form
11.1.1.3.4 South Africa: Ice Cream Market, by Distribution Channel
11.1.1.4 Rest of MEA: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
11.1.1.4.1 Rest of MEA: Ice Cream Market, by Flavor
11.1.1.4.2 Rest of MEA: Ice Cream Market, by Category
11.1.1.4.3 Rest of MEA: Ice Cream Market, by Form
11.1.1.4.4 Rest of MEA: Ice Cream Market, by Distribution Channel
12. Company Profiles
12.1 Unilever
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Nestlé S.A.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 General Mills Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Mars, Incorporated
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Lotte Confectionery Co., Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Inspire Brands, Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1.             MEA Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Table 2.             Saudi Arabia Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 3.             Saudi Arabia Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 4.             Saudi Arabia Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 5.             Saudi Arabia Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6.             UAE Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 7.             UAE Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 8.             UAE Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 9.             UAE Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10.          South Africa Ice Cream Market, By Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 11.          South Africa Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 12.          South Africa Ice Cream Market, By Form – Revenue and Forecast to 2028 (US$ Million)
Table 13.          South Africa Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14.          Rest of MEA Ice Cream Market, by Flavor – Revenue and Forecast to 2028 (US$ Million)
Table 15.          Rest of MEA Ice Cream Market, by Category – Revenue and Forecast to 2028 (US$ Million)
Table 16.          Rest of MEA Ice Cream Market, by Form – Revenue and Forecast to 2028 (US$ Million)
Table 17.          Rest of MEA Ice Cream Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 18.          List of Abbreviation
 

LIST OF FIGURES

Figure 1.           MEA Ice Cream Market Segmentation
Figure 2.           MEA Ice Cream Market Segmentation – By Country
Figure 3.           MEA Ice Cream Market Overview
Figure 4.           MEA Ice Cream Market: By Flavor
Figure 5.           MEA Ice Cream Market: By Country
Figure 6.           Porter’s Five Forces Analysis: Ice Cream Market
Figure 7.           Expert Opinion
Figure 8.           MEA Ice Cream Market Impact Analysis of Drivers and Restraints
Figure 9.           MEA: Ice Cream Market – Revenue and Forecast to 2028 (US$ Million)
Figure 10.        MEA Ice Cream Market Revenue Share, By Flavor (2021 and 2028)
Figure 11.        MEA Vanilla: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 12.        MEA Chocolate: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 13.        MEA Fruit: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 14.        MEA Others: Ice Cream Market– Revenue and Forecast To 2028 (US$ Million)
Figure 15.        MEA Ice Cream Market Revenue Share, By Category (2021 and 2028)
Figure 16.        MEA Conventional: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 17.        MEA Sugar Free: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 18.        MEA Ice Cream Market Revenue Share, By Form (2021 and 2028)
Figure 19.        MEA Cups and Tubs: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 20.        MEA Bars and Sticks: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 21.        MEA Others: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 22.        MEA Ice Cream Market Revenue Share, By Distribution Channel (2021 and 2028)
Figure 23.        MEA Supermarkets and Hypermarkets: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 24.        MEA Specialty Stores: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 25.        MEA Online Retail: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 26.        MEA Others: Ice Cream Market – Revenue and Forecast To 2028 (US$ Million)
Figure 27.        MEA Ice Cream Market, by Key Country – Revenue (2021) (US$ Million)
Figure 28.        Middle East and Africa: Ice Cream Market Revenue Share, by Key Country (2021 and 2028)
Figure 29.        Saudi Arabia: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30.        UAE: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31.        South Africa: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32.        Rest of MEA: Ice Cream Market –Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the MEA ice cream market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the MEA ice cream market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the ice cream market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – Middle East & Africa Ice Cream Market

● General Mills Inc.
● Inspire Brands, Inc.
● Lotte Confectionery Co., Ltd.
● Mars, Incorporated
● Nestlé S.A.
● Unilever

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