Ghana Ice Cream Market 2024

Description

According to the latest data, the market size of the ice cream industry in Ghana is expected to rise by USD 89.0 million with a CAGR of 10.6% by the end of 2029. With the nation’s economic growth, residents’ disposable incomes have risen, enabling more consumers to afford premium products, including ice cream. The expanding middle class has significantly driven the demand for such confections. Rapid urbanization has concentrated populations in urban areas where retail infrastructure is more developed. Urban dwellers can easily purchase ice cream from supermarkets, convenience stores, and specialty shops. Additionally, manufacturers have introduced innovative flavors and healthier options, such as low-fat and dairy-free ice creams, to cater to diverse consumer bases. These innovations appeal to health-conscious consumers who might otherwise avoid traditional ice cream products.

The report offers a comprehensive evaluation of the Ghana ice cream market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as type, product type, ingredient, and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the ice cream industry.

Market Segmentation

The ice cream market in Ghana is classified into the following segments:
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 Ghana ice cream market is segmented on the basis of type, product type, ingredient, and distribution channel. By type, the ice cream market in Ghana has been segmented into dairy ice cream, water ice cream, and others (plant based ice cream). Based upon product type, the ice cream market in Ghana is categorized into impulse ice creams, take home ice creams, frozen yogurt, and others. On the basis of ingredient, the ice cream market in Ghana has been segmented into fats and oils, milk, sweeteners, and others. By distribution channel, the ice cream market in Ghana has been segmented into foodservice channels, convenience and forecourt stores, supermarkets and hypermarkets, small grocery stores, e-commerce, and others.

Competitive Landscape

The prominent players operating in the Ghana ice cream market include Sandriliona SRL , Frosty Bite Company Limited, Danone S.A.

The report presents a detailed analysis of the Ghana ice cream market, focusing on the performance of major companies between 2019 and 2023. The data offers valuable insights into market share fluctuations, identifying established leaders and the ascent of new entrants. Such information provides companies with the tools needed to enhance their strategic positioning and remain competitive, even as market conditions evolve.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Ghana ice cream market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ghana ice cream market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ghana 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 overviewGhana ice cream market – type analysis
Ghana ice cream market – product type analysis
Ghana ice cream market – ingredient analysis
Ghana ice cream market – distribution channel analysis
Key players and market share
– Sandriliona SRL
– Frosty Bite Company Limited
– Danone S.A.
Macroeconomic data and forecast
Disclaimer

FIGURES AND TABLES
Table Ghana ice cream market 2019-2029
Chart Ghana ice cream market, net growth, 2019-2029
Chart Ghana ice cream market, growth rates, 2019-2029
Table Ghana ice cream market by type, 2019-2029
Chart Ghana ice cream market by type, CAGR historic and forecast, 2019-2029
Chart Ghana ice cream market by type, 2019-2029
Table Ghana ice cream market by product type, 2019-2029
Chart Ghana ice cream market by product type, CAGR historic and forecast, 2019-2029
Chart Ghana ice cream market by product type, 2019-2029
Table Ghana ice cream market by ingredient, 2019-2029
Chart Ghana ice cream market by ingredient, CAGR historic and forecast, 2019-2029
Chart Ghana ice cream market by ingredient, 2019-2029
Table Ghana ice cream market by distribution channel, 2019-2029
Chart Ghana ice cream market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Ghana ice cream market by distribution channel, 2019-2029
Table Ghana ice cream market share (%), by companies, 2019-2023
Chart Ghana ice cream market, by companies, 2023
Table Ghana ice cream market share (%), by brands, 2019-2023
Chart Ghana ice cream market, by brands, 2023
Table Ghana – population (millions) and forecast
Table Ghana – consumer price index (CPI) and forecast
Table Ghana – gross domestic product and forecast
Table Ghana ice cream market: spend as a proportion of GDP (%)
Table Ghana ice cream market: consumption per capita (population)