UAE Ice Cream Market to Reach US$ 191.3 Mn at a CAGR of 5.5% in 2027 | The Insight Partners

UAE Ice Cream Market to 2027 - Country Analysis and Forecasts by Product Type (Impulse Ice Cream, Take-Home Ice Cream, and Artisanal Ice Cream); Distribution Channel (Supermarket/Hypermarket, Convenience Store, Specialist Store, and Others)

Publication Month: Nov 2019 | Report Code: TIPRE00007530 | No. of Pages: 93 | Category: Food and Beverages | Status: Published

The UAE ice cream market is accounted to US$ 118.6 Mn in 2018 and is expected to grow at a CAGR of 5.5% during the forecast period 2019 – 2027, to account to US$ 191.3 Mn by 2027.

 

The rising number of cold storage facilities and supermarkets has bolstered the growth of the UAE ice cream market.

 

Exhibit: UAE Ice Cream Market, Revenue and Forecast, 2018

UAE Ice Cream Market, Revenue and Forecast, 2018

 

Market Insights

The rising number of cold storage facilities and supermarkets to increasing health consciousness amongst consumers

The rapidly expanding cold storage infrastructure has been contributing significantly to the growth of the ice-cream industry worldwide. The cold storage facilities help prevent the spoilage of eatables during storage and transportation. The advent of mobile refrigeration systems and active refrigerated transport systems has played a crucial role in the storage and transport of ice-cream products. Mobile refrigeration systems are used in transporting perishable foodstuffs such as ice-cream from the manufacturing site to refrigerated warehouses. The refrigerated warehouses store these products, along with other perishable products, in low-temperature conditions. The expansion of cold chain systems is expected to be a major factor in driving the ice-cream market during the forecast period. UAE heavily relies on food imports and hence, has developed a vast network of cold chains and cold storage facilities. Sprawling cold chains and cold warehouses to store perishable foods such as ice cream has underpinned the growth of the ice cream market. The proliferation of convenience stores and retail malls selling ice-cream products is another factor driving the ice-cream market in UAE.

 

Growing demand for gluten- and lactose-free ice-creams provides an opportunity for the ice cream market growth

Lactose is one of the main constituent sugars in dairy milk. Lactose intolerance a condition found in many humans; it is characterized by the inability to digest sugar (lactose) in dairy products fully. It is usually caused by a deficiency of the lactase enzyme due to the inability of the body to synthesize it. The growing rate of lactose intolerances around the world has created a demand for gluten- and lactose-free products, including ice-creams. The rapidly expanding trend of veganism has further driven the market for vegan, lactose- and gluten-free ice-cream varieties made from ingredients that are devoid of animal products, based on other milk substitutes, such as almond milk and coconut milk. The growing incidences of lactose intolerance in the UAE is expected to generate high demand for gluten- and lactose-free ice cream products during the forecast period.

 

Type Insights

The UAE ice cream market by type has been categorized in impulse ice cream, take-home ice cream, and artisanal ice cream. The demand for impulse ice cream is rising as they can be readily consumed without the need for portioning or preparation. Impulse Ice Cream includes ice cream products such as ice cream cones, ice cream sandwiches, chocolate-coated ice creams, and single-serve ice cream tubs. Impulse ice cream products such as ice cream cones and ice cream sandwiches are sold in individual packages while the traditional ice cream ball in the wafer is sold without a package. Impulse ice creams segment dominates the ice cream market owing to its high popularity among individuals of all age groups. Impulse ice creams offer the convenience of eating ice cream whenever and wherever one wants.

 

Distribution Channel Insights

On the basis of the distribution channel, the UAE ice cream market has been segmented into supermarket/hypermarket, convenience store, specialist store, and others. Under the distribution channel segment, the specialist store is the leading segment in the UAE ice cream market. Specialist stores are shops that cater to a single retail market. Some instances of specialist stores include ice cream shops, pharmacies, book stores camera stores and stationeries. They specialize in sales of just one type of product of the range. Since specialty stores are category specialists, they use their buying power to negotiate lower prices, excellent terms and assured timely supply. The growing number of specialist stores selling a wide range of ice cream products is expected to drive the specialist stores market in the forecast period.

 

Exhibit: UAE Ice Cream Market by Distribution Channel

UAE Ice Cream Market by Distribution Channel

 

Strategic Insights

Mergers & acquisition, strategy and business planning, and new product development were observed as the most adopted strategies in the UAE ice cream market. Few of the recent developments in the UAE ice cream market are listed below:

 

2019: Mars Incorporated has recently acquired its Dubai subsidiary fully following the new UAE law on foreign ownership.

 

2019: Mars Wrigley Confectionery expanded the range of its single-serve ice creams by adding of the snicker's dark chocolate and Twix triple chocolate ice cream bars in its range.

 

2019: The Dubai Multi Commodities Centre (" DMCC "), the licensing authority for the Jumeirah Lakes Towers ("JLT") Free Zone, has witnessed and welcomed Dunkin’ Brands Group, Inc. parent and its two most recognizable brands, Dunkin’ Donuts and Baskin-Robbins

 

UAE ICE CREAM MARKET SEGMENTATION


By Type

  • Impulse Ice Cream
  • Take-Home Ice Cream
  • Artisanal Ice Cream
By Distribution Channel
  • Supermarket/Hypermarket
  • Convenience Store
  • Specialist Store
  • Others
Company Profiles
  • Desert Chill Ice Cream LLC
  • Dunkin Brands, Inc.
  • General Mills, Inc.
  • Maras Turka
  • Mini Melts Inc.
  • Nestle S.A.
  • IFFCO
  • Mars, Incorporated
  • Graviss Group (Pure Ice Cram Co. LLC)
  • Unilever             

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1        Ice Cream Market, by Product Type

1.3.2        Ice Cream Market, by Distribution Channel

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             UAE Ice Cream Market Landscape

4.1       Market Overview

4.2       Pest Analysis

4.2.1        UAE Ice Cream Market: PEST Analysis

4.3       Expert Opinions

5.             UAE Ice Cream Market – Key Market Dynamics

5.1       Key Market Drivers

5.1.1        Long Summers and Hot Climate Conditions

5.1.2        Rising Number Of Cold Storage Facilities And Supermarkets

5.2       Key Market Restraints

5.2.1        Growing Consumer Inclination Toward Healthier Food Options

5.3       Key Market Opportunities:

5.3.1        Growing Demand For Gluten- And Lactose-Free Ice-creams

5.4       Key Future Trends:

5.4.1        Rising Consumer Preference Toward Organic Ice-cream Products

5.5       Impact Analysis

6.             Ice Creams – UAE Market Analysis

6.1       UAE Ice Cream Market Overview

6.2       UAE Ice Cream Market Forecast And Analysis

6.3       Market Positioning – Top 5 Players

7.             UAE Ice Cream Market Analysis – By Product Type

7.1       Overview

7.2       UAE Ice Cream Market Breakdown, By Product Type, 2018 & 2027

7.3       Impulse Ice Cream

7.3.1        Overview

7.3.2        Impulse Ice Cream Market, Revenue Forecasts to 2027 (US$ Mn)

7.4       Take-Home Ice Cream

7.4.1        Overview

7.4.2        Take-Home Ice Cream Market, Revenue Forecasts to 2027 (US$ Mn)

7.5       Artisanal Ice Cream

7.5.1        Overview

7.5.2        Artisanal Ice Cream Market, Revenue Forecast to 2027 (US$ Mn)

8.             UAE Ice Cream Market Analysis – By Distribution Channel

8.1       Overview

8.2       UAE Ice Cream Market Breakdown, By Distribution Channel, 2018 & 2027

8.3       Supermarket or Hypermarket

8.3.1        UAE Supermarket or Hypermarket Market Revenue Forecast to 2027 (US$ Mn)

8.4       Convenience Stores

8.4.1        UAE Convenience Stores Market Revenue Forecast to 2027 (US$ Mn)

8.5       Specialist Store

8.5.1        UAE Specialist Store Market Revenue Forecasts to 2027 (US$ Mn)

8.6       Others

8.6.1        UAE Others Market Revenue Forecasts to 2027 (US$ Mn)

9.             Industry Landscape

9.1       Merger & Acquisition

9.2       Product news

9.3       Strategy And Business Planning

10.          Ice Cream Market: Key Company Profiles

10.1    Desert Chill Ice Cream LLC

10.1.1     Key Facts

10.1.2     Business Description

10.1.1     Products and Services

10.1.2     Financial Overview

10.1.3     SWOT Analysis

10.1.4     Key Developments

10.2    Dunkin Brands, Inc.

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3    General Mills, Inc.

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.4    Maras Turka

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.5    Mini Melts Inc.

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6    Nestle S.A.

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products And Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.7    IFFCO

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.8    Mars, Incorporated

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Products and Services

10.8.4     Financial Overview

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9    Graviss Group (Pure Ice Cram Co. LLC)

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Products and Services

10.9.4     Financial Overview

10.9.5     SWOT Analysis

10.10 Unilever

10.10.1   Key Facts

10.10.2   Business Description

10.10.3   Products and Services

10.10.4   Financial Overview

10.10.5   SWOT Analysis

10.10.6   Key Developments

11.          Appendix

11.1    About The Insight Partners

11.2    Glossary Of Terms


LIST OF TABLES

Table 1.            UAE Ice Cream Market Revenue And Forecasts To 2027 (US$ Mn)

Table 2.            Glossary Of Term: Ice Cream Market


LIST OF FIGURES

Figure 1.          Ice Cream Market Segmentation

Figure 2.          Ice Cream Market Overview

Figure 3.          Impulse Ice Cream Held Largest Share of Ice Cream Market in 2018

Figure 4.          Ice Cream Industry Landscape

Figure 5.          UAE – PEST Analysis

Figure 6.          Expert Opinion

Figure 7.          Impact Analysis of Drivers And Restraints

Figure 8.          UAE Ice Cream Market Forecast And Analysis, (US$ Mn)

Figure 9.          UAE Ice Cream Market Breakdown, By Product Type, in Terms of Value, 2018 & 2027 (%)

Figure 10.       Impulse Ice Cream Market, Revenue Forecast To 2027 (US$ Mn)

Figure 11.       Take-Home Ice Cream Market, Revenue Forecasts To 2027 (US$ Mn)

Figure 12.       Artisanal Ice Cream Market, Revenue Forecast To 2027 (US$ Mn)

Figure 13.       UAE Ice Cream Market Breakdown By Distribution Channel, Value, 2018 & 2027 (%)

Figure 14.       UAE Supermarket or Hypermarket Sales Market Revenue Forecasts To 2027 (US$ Mn)

Figure 15.       UAE Convenience Stores Market Revenue Forecasts To 2027 (US$ Mn)

Figure 16.       UAE Specialist Store Market Revenue Forecasts To 2027 (US$ Mn)

Figure 17.       UAE Others Market Revenue Forecasts To 2027 (US$ Mn)

 

 

The List of Companies

  1. Desert Chill Ice Cream LLC
  2. Dunkin Brands, Inc.
  3. General Mills, Inc.
  4. Graviss Group (Pure Ice Cram Co. LLC)
  5. IFFCO
  6. Maras Turka
  7. Mars, Incorporated.
  8. Mini Melts Inc.
  9. Nestle S.A.
  10. Unilever
  • 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 UAE ice cream market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.