Jordan Ice Cream market report thoroughly covers market by product type and distribution channel. Jordan Ice Cream market report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Jordan Ice Cream Market Synopsis
Jordan ice cream market is expected to show slow growth in the coming years, as the market has already reached the maturity stage. The increasing consumer expenditure on fast food and easy product availability is anticipated to drive the ice cream market. Furthermore, rapid urbanization and rising disposable income are expected to drive the market in the coming years.
The novel coronavirus pandemic has hampered the Jordan ice cream market closures & shutdowns of manufacturing facilities have negatively impacted the market growth. In 2020, Jordan experienced the most significant lay-offs highest in the tourism sector with 48%, followed by construction 45%, and manufacturing 34%, leading to a decline in ice cream consumption in the year 2020.
According to the publisher, Jordan Ice Cream Market size is projected to grow at a CAGR of 1.8% during 2022-2028. Ice cream is used to make a wide range of desserts and beverages, such as milkshakes, cake, waffles, sundaes, floats and cold coffee, which is expected to boost ice cream sales across the country. Significant growth in the dairy industry, rising demand for convenience foods, and rising product premiumization are all factors contributing to increased ice cream demand in the coming years. During the COVID-19 period, the Jordan ice cream market declined by 7.1% on account of government restrictions and a ban on international travel. Aside from that, the availability of various flavored ice creams in modern retail formats such as hypermarkets, supermarkets, and convenience stores, as well as rising disposable income and purchasing power of consumers, would fuel the ice cream market growth in the coming years.
Market by Distribution Channel Analysis
The convenience stores captured the majority of market revenue share in the Jordan ice cream market in 2021, and the segment is expected to dominate the overall market in the forecast period as well, owing to their easy accessibility among consumer and wide availability of both impulse ice cream and take home ice cream from multiple brands. Advancements in the manufacturing process and growing logistic industry have enabled the competitors to offer ice cream in the majority of hypermarkets, supermarkets, restaurants, and Convenience stores, which are expected to drive market demand during the forecast period.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2018 to 2021.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Jordan Ice Cream Market Overview
- Jordan Ice Cream Market Outlook
- Jordan Ice Cream Market Forecast
- Historical Data and Forecast of Jordan Ice Cream Market Revenues and Volume, for the Period 2018-2028F
- Historical Data and Forecast of Jordan Ice Cream Market Revenues and Volume, By Product Type, for the Period 2018-2028F
- Historical Data and Forecast of Jordan Ice Cream Market Revenues, By Distribution Channel, for the Period 2018-2028F
- Market Drivers and Restraints
- Jordan Ice Cream Market Trends
- Porter’s Five Forces Analysis
- Market Opportunity Assessment
- Jordan Ice Cream Market Revenue Ranking, By Companies, 2021
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Product Type
- Impulse Ice Cream
- Take Home Ice Cream
- Artisanal Ice Cream
By Distribution Channel
- Supermarket/Hypermarket
- Convenience stores
- Ice cream Parlour
- Online
- Others (Restaurants, Ice Cream Stalls, etc.)
Table of Contents
1. Executive Summary
Samples
LOADING...
Companies Mentioned
- Galadari Ice Cream Co Ltd.
- Saudia Dairy & Foodstuff Co.
- Unilever Middle East
- SUJAB Industrial Co.
- IFFCO Group
- Jordanian Mottaa Co.
- Gerard Ice Cream
- Al Nassim Food Industries Company