The ice cream in Saudi Arabia market is expected to increase by USD 446.8 million, at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2029, according to the latest edition of the Ice Cream Market in Saudi Arabia Report. To meet the increasing demand for healthier and varied dietary options, ice cream manufacturers are launching new and innovative flavors, including low-fat, sugar-free, and plant-based ice creams. These healthier alternatives appeal to consumers who are mindful of their health and typically avoid traditional high-sugar, high-fat products.
Top brands are investing significantly in marketing strategies that encompass digital advertising, influencer marketing, and community engagement, aiming particularly at attracting younger consumers. The thriving tourism industry also significantly enhances the ice cream market’s growth. Tourists’ preference for convenient consumables, especially unique and region-specific ice cream flavors, drives further market expansion.
This report presents a detailed overview of the Saudi Arabia ice cream industry, including key data on historical market size, growth rates, and future trends. It offers an in-depth analysis of different market segments, paying close attention to factors like type, product type, ingredient, and distribution channel. This detailed analysis supports the identification of growth opportunities within the ice cream industry.
Market Segmentation
The ice cream market in Saudi Arabia is structured as follows:
Type: dairy ice cream, water ice cream, others (plant based ice cream)
Product type: impulse ice creams, take home ice creams, frozen yogurt, others
Ingredient: fats and oils, milk, sweeteners, others
Distribution channel: foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, others
The Saudi Arabia ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. On the basis of type, the ice cream market in Saudi Arabia has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). By product type, the ice cream market in Saudi Arabia has been segmented into impulse ice creams, take home ice creams, frozen yogurt, and others. Based on ingredient, the ice cream market in Saudi Arabia is categorized into fats and oils, milk, sweeteners, and others. On the basis of distribution channel, the ice cream market in Saudi Arabia has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.
Competitive Landscape
The Saudi Arabia ice cream market is highly competitive. The key players in the ice cream market include Unilever PLC, Saudia Dairy and Foodstuff Company (SADAFCO), Saudi Ice Cream Factory Company Ltd., Mars Incorporated, Inspire Brands LLC, IFFCO Group, General Mills Inc., Cone Zone Co., Batterjee Holding Company, Arabian Food and Dairy Factories Company dba Fadeco, Al Wefag Trading & Manufacturing Co. Ltd.
This report provides a thorough assessment of the Saudi Arabia ice cream market, examining the performance of leading players from 2019 to 2023. The analysis offers critical information on market share dynamics, pinpointing dominant incumbents as well as rising challengers. Leveraging this data enables companies to refine their strategies, seize growth opportunities, and sustain competitive advantage in an increasingly dynamic market environment.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Saudi Arabia ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Saudi Arabia ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Saudi Arabia ice cream market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewSaudi Arabia ice cream market – type analysis
Saudi Arabia ice cream market – product type analysis
Saudi Arabia ice cream market – ingredient analysis
Saudi Arabia ice cream market – distribution channel analysis
Key players and market share
– Unilever PLC
– Saudia Dairy and Foodstuff Company (SADAFCO)
– Saudi Ice Cream Factory Company Ltd.
– Mars, Incorporated
– Inspire Brands LLC
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Saudi Arabia ice cream market 2019-2029
Chart Saudi Arabia ice cream market, net growth, 2019-2029
Chart Saudi Arabia ice cream market, growth rates, 2019-2029
Table Saudi Arabia ice cream market by type, 2019-2029
Chart Saudi Arabia ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia ice cream market by type, 2019-2029
Table Saudi Arabia ice cream market by product type, 2019-2029
Chart Saudi Arabia ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia ice cream market by product type, 2019-2029
Table Saudi Arabia ice cream market by ingredient, 2019-2029
Chart Saudi Arabia ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia ice cream market by ingredient, 2019-2029
Table Saudi Arabia ice cream market by distribution channel, 2019-2029
Chart Saudi Arabia ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Saudi Arabia ice cream market by distribution channel, 2019-2029
Table Saudi Arabia ice cream market share (%), by companies, 2019-2023
Chart Saudi Arabia ice cream market, by companies, 2023
Table Saudi Arabia ice cream market share (%), by brands, 2019-2023
Chart Saudi Arabia ice cream market, by brands, 2023
Table Saudi Arabia – population (millions) and forecast
Table Saudi Arabia – consumer price index (CPI) and forecast
Table Saudi Arabia – gross domestic product and forecast
Table Saudi Arabia ice cream market: spend as a proportion of GDP (%)
Table Saudi Arabia ice cream market: consumption per capita (population)