During the forecast period (2019-2024), the Middle East & Africa Ice Cream Market is projected to hit USD 3.4 billion by 2024, with a CAGR of 10.7 percent. Branded and private-labeled ice creams are the main component of the frozen dessert industry in the Middle East & Africa.
The Middle East & Africa ice cream industry gained in 2016 from an unusually hot summer. Despite the fact that prices continued to increase, there was strong growth in retail value sales. For new entrants in Africa, the market is expected to face high entry barriers, with independent retailers keeping 13 percent of the regional share. Ice cream accounts for a large share of the African dessert market, with the emergence of Paul’s Homemade Ice Cream and the inclusion of foreign companies, such as Baskin-Robbins and Haagen-Dazs.
The Middle East & Africa ice cream industry gained in 2016 from an unusually hot summer. Despite the fact that prices continued to increase, there was strong growth in retail value sales. For new entrants in Africa, the market is expected to face high entry barriers, with independent retailers keeping 13 percent of the regional share. Ice cream accounts for a large share of the African dessert market, with the emergence of Paul’s Homemade Ice Cream and the inclusion of foreign companies, such as Baskin-Robbins and Haagen-Dazs.
