Saudi Arabia Ice Cream Market Know the Untapped Revenue Growth Opportunities
According to the latest market research report title “Saudi Arabia Ice Cream Market By Product Type (Impulse Ice Cream, Take Home Ice Cream, Artisanal Ice Cream, Single Portion Dairy Ice Cream), By Flavor (Mango, Chocolate, Vanilla, Others (Strawberry, Butterscotch, etc.)), By Format (Cup, Stick, Bricks, Cones, Others (Sandwich, Tubs, etc.)), By Sales Channel (Offline, (Supermarkets & Hypermarkets, Convenience & Grocery Store, Brand Owned Outlets, Ice Cream Carts, Others (Vending Machines)), Online), By Region (Central, East, West, South)–Forecast to 2029″, published by MarkNtel Advisors, 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.
The data present in the report exhibit from the historic years (2019-22) and the base year (2023) to put together estimations for the forecast period (2024-29). In the study, our researchers put together reliable, unbiased, and accurate data to enlighten investors about fluctuations in the industry & anticipations on what to expect in the future. Since the industry is dynamic and highly fragmented, this report enables the prominent players to make strategic moves associated with their investments in the coming years.
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Saudi Arabia Ice Cream Market 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.
Saudi Arabia Ice Cream Market Segmentation
The Saudi Arabia Ice Cream Market is highly robust and fragmented into numerous segments;
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
By Region
-Central
-East
-West
-South
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Key Players Operating in the Saudi Arabia Ice Cream Market: –
General Mills Inc.
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Cone Zone Co
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Unilever Group
-Business Description
-Product Portfolio
-Strategic Alliances or Partnerships
-Recent Developments
-Financial Details
-Others
Key Questions Answered:
- What is the projected CAGR of the Saudi Arabia Ice Cream Market during the forecast period?
- Which segment is expected to lead the Saudi Arabia Ice Cream Market?
- Who are the prominent players driving market growth?
Key Offerings:
- Market Share, Size, and Revenue Forecast
- Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
- Landscape: Leading key players and other prominent participants
About MarkNtel Advisors
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Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.
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