UAE ice cream market to reach USD 142 million in 2021

UAE ice cream market to reach USD 142 million in 2021

The UAE ice cream market will be reaching a value of USD 142 million in 2021, as per Market Research ReportsThe ice cream sector in the UAE is led by the ‘impulse ice cream-single serve’ category in value terms, while ‘take-home and bulk ice cream’ is the largest category in volume terms.

Five large companies dominate the UAE market. IFFCO Group leads the market with a USD 44 million revenue. The company distributes London Dairy, Igloo and Quanta.

Mars GCC comes second with a USD 16 million revenue. It is behind Mars, Snickers Dark Chocolate Ice Cream bars, and TWIX Triple Chocolate Ice Cream bars.

Unilever Middle East comes third, with a USD 15.7 million revenue share. The company distributes Ben & Jerry’s, Calippo , Carte d’Or and Magnum.

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The fourth company is National Trading & Development Est. It has almost USD 9 million of revenues. It is the distributor of Häagen-Dazs ice cream brands in the UAE and the Middle East region.

The fifth company is Galadari Ice Cream Co. LLC, a Baskin-Robbins franchisee for nearly 40 years. It operates more than 800 Baskin-Robbins shops across the Middle East. It generates USD 7.5 million of revenues.

 

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