Saudi Arabia Ice Cream Growth and Development Insight - Size, Share, Growth, and Industry Analysis

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.

Saudi Arabia Ice Cream Growth and Development Insight - Size, Share, Growth, and Industry Analysis

MarkNtel Advisors recently published a detailed industry analysis of the Saudi Arabia Ice Cream. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Saudi Arabia Ice Cream Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2029

The Saudi Arabia Ice Cream 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. 

Saudi Arabia Ice Cream Driver

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.

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What segments define the Saudi Arabia Ice Cream from 2024 to 2029? How do these segments contribute to market dynamics and growth?

  • 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

According to report, Mangoe-flavored ice cream is predicted to capture the potential share of the Saudi Arabia Ice Cream Market.

  • 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

According to report, Offline sales captured a significant share of the Saudi Arabia Ice Cream Market due to the prevalence of ice cream carts & outlets such as Marble Slab Creamery Takausi, Thekra Ice Cream, etc.

Explore the Complete Saudi Arabia Ice Cream Analysis Report –

https://www.marknteladvisors.com/research-library/saudi-arabia-ice-cream-market.html

Geographical Analysis: Saudi Arabia Ice Cream

  • By Region
  • Central
  • East
  • West
  • South

Saudi Arabia Ice Cream Share & Competitive Landscape:

The Saudi Arabia Ice Cream is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Saudi Arabia Ice Cream are:

  • 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

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Saudi Arabia Ice Cream Industry Recent Development

  • 2022: Baskin Robbins Saudi Arabia announced its partnership with Galaxy to develop a new milk chocolate ice cream flavor to engage more consumers.

Questions Addressed in this Study

1.What factors are driving the Saudi Arabia Ice Cream growth?

2.How is the Saudi Arabia Ice Cream expected to grow over the next five years?

3.What are the key insights into the current trends in the Saudi Arabia Ice Cream?

4.What is the current size of the Saudi Arabia Ice Cream, and how is it projected to change in the future?

6.What is the future outlook for the Saudi Arabia Ice Cream in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries 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 15 diverse industrial verticals.

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