Middle East & Africa Ice Cream Market Size & Outlook
Middle East & Africa ice cream market, 2017-2030 (US$M)
Related Markets
MEA ice cream market highlights
- The MEA ice cream market generated a revenue of USD 6,154.7 million in 2023.
- The market is expected to grow at a CAGR of 3.1% from 2024 to 2030.
- In terms of segment, bars was the largest revenue generating product in 2023.
- Cones is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 6,154.7 million |
| Market revenue in 2030 | USD 7,637.9 million |
| Growth rate | 3.1% (CAGR from 2023 to 2030) |
| Largest segment | Bars |
| Fastest growing segment | Cones |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cartons, Tubs, Cups, Cones, Bars |
| Key market players worldwide | Unilever PLC, Inspire Brands, General Mills Inc, Nestle SA, Kahala Brands, Danone SA, NadaMoo |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.4% of the global ice cream market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 56,804.1 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Ice Cream Market Scope
Ice Cream Market Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa ice cream market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ice cream market will help companies and investors design strategic landscapes.
Bars was the largest segment with a revenue share of 32.53% in 2023. Horizon Databook has segmented the Middle East & Africa ice cream market based on cartons, tubs, cups, cones, bars covering the revenue growth of each sub-segment from 2017 to 2030.
Middle East & Africa is one of the fastest growing ice cream market in the world. The demand for ice cream is heavily dependent on demographic growth and weather conditions. South Africa, Iran, Israel and Saudi Arabia are the major contributors to the ice cream market in the region. There is a growing demand for premium products in developed countries which could drive the sales value in the region during the forecast period.
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Target buyers of Middle East & Africa ice cream market databook
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Our clientele includes a mix of ice cream market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ice cream market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ice cream market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA ice cream market size, by country, 2017-2030 (US$M)
Middle East & Africa Ice Cream Market Outlook Share, 2023 & 2030 (US$M)
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