Middle East & Africa Ice Cream Parlor Market Size & Outlook
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MEA ice cream parlor market highlights
- The MEA ice cream parlor market generated a revenue of USD 488.1 million in 2022.
- The market is expected to grow at a CAGR of 5.5% from 2023 to 2030.
- In terms of segment, branded/franchise was the largest revenue generating type in 2022.
- Branded/Franchise is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, South Africa is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 488.1 million |
| Market revenue in 2030 | USD 748.3 million |
| Growth rate | 5.5% (CAGR from 2022 to 2030) |
| Largest segment | Branded/franchise |
| Fastest growing segment | Branded/Franchise |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Branded/Franchise, Independent |
| Key market players worldwide | Berkshire Hathaway Inc Class A, MTY Food Group Inc, Unilever PLC, Chocoladefabriken Lindt & Spruengli AG, FAT Brands Inc Class A, Baskin Robbins, Amorino, Cream Stone, Ice Natural Ice Industry |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.2% of the global ice cream parlor market in 2022.
- 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 7,541.5 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Ice Cream Parlor Market Scope
Ice Cream Parlor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Ice Natural Ice Industry | View profile | 11-50 | Dubai, Dubai, United Arab Emirates, Asia | https://icenatural.com |
| Cream Stone | View profile | 11-50 | Hyderabad, Andhra Pradesh, India, Asia | http://www.creamstoneconcepts.com |
| Amorino | View profile | 1001-5000 | Paris, Ile-de-France, France, Europe | https://www.amorino.com |
| Baskin Robbins | View profile | 11-50 | Canton, Massachusetts, United States, North America | https://www.baskinrobbins.com |
| FAT Brands Inc Class A | View profile | 7390 | 9720 Wilshire Boulevard, Suite 500, Beverly Hills, CA, United States, 90212 | https://www.fatbrands.com |
| MTY Food Group Inc | View profile | 7326 | 8150 autoroute Transcanadienne, Suite 200, Saint-Laurent, QC, Canada, H4S 1M5 | https://www.mtygroup.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Chocoladefabriken Lindt & Spruengli AG | View profile | 14746 | Seestrasse 204, Kilchberg, Switzerland, CH-8802 | https://www.lindt-spruengli.com |
| Unilever PLC | View profile | 128377 | 100 Victoria Embankment, London, United Kingdom, EC4Y 0DY | https://www.unilever.com |
Middle East & Africa ice cream parlor 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 parlor market will help companies and investors design strategic landscapes.
Branded/franchise was the largest segment with a revenue share of 58.86% in 2022. Horizon Databook has segmented the Middle East & Africa ice cream parlor market based on branded/franchise, independent covering the revenue growth of each sub-segment from 2017 to 2030.
The climatic conditions and demand for diverse flavors have led to the growth of ice cream parlors market in the Middle East & Africa. Some of the key Middle Eastern ice cream-consuming countries include the UAE, Saudi Arabia, Iran, and Kuwait. The Middle Eastern market is mainly driven by the demand for traditional ice cream flavors.
The ice cream market in the region witnessed growth despite the influence of COVID-19, which affected the sales channel. In June 2021, House of Pops, a healthy ice cream brand, witnessed a 250% increase in sales amid the pandemic.
The company distributes ice cream through five channels—online delivery platforms; events such as food festivals; schools; retail kiosks; and hotels, restaurants, and cafes (HORECA) and trade. It expanded its retail kiosks to countries such as Bahrain and plans to expand to GCC countries such as Saudi Arabia and Egypt.
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Our clientele includes a mix of ice cream parlor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa ice cream parlor market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa ice cream parlor market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA ice cream parlor market size, by country, 2017-2030 (US$M)
Middle East & Africa Ice Cream Parlor Market Outlook Share, 2022 & 2030 (US$M)
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