India Ice Cream Market

India Ice Cream Market 2024 Booming Across the Globe by Growth, Segments and Forecast 2030

MarkNtel Advisors has released a research report on the India Ice Cream Market, covering the forecast period from 2024 to 2030. The research segment utilizes efficient methodologies to convey sales and revenue forecasts for the specified years, enhancing user understanding and supporting well-informed decision-making. Through a combination of qualitative and quantitative data, this report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. To familiarize both existing businesses and new entrants with the present market scenario, the report delivers detailed growth prospects for the industry and concise insights into competitors.

India Ice Cream Market Insights:

The India Ice Cream Market size was valued above USD 3 Billion in 2023 and is further projected to grow at a CAGR of 13.49% during 2024-30.

This thorough examination encompasses crucial details on market trends, size, forecasts, factors contributing to growth, challenges, and evaluations of competitors. The report conducts a comprehensive assessment of the India Ice Cream Market, offering insights into the latest advancements and presenting an overview of the market landscape.

India Ice Cream Market Possible Restraint:

High Capital Requirement for Cold-chain & Transportation Structure – Ice cream is served cold, which poses challenges for brands during ice cream sales. Ice cream requires a temperature range of -18° to -20° to maintain its form, taste, solidity, and texture. Efficient cold-chain management is still lacking in the country, causing branded ice cream companies to lose sales opportunities in areas far from their production center. Furthermore, the problem worsens during the monsoon season, when India’s roads & traffic conditions deteriorate, causing accidents & delays in the shipping & delivery of ice creams. Therefore, the lack of efficient cold-chain infrastructure presents a hurdle for ice cream brands.

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India Ice Cream Market Segmentation Analysis

A thorough examination of the India Ice Cream Market is presented in our research report, meticulously delving into key market segments:

By Type

-Impulse Ice Cream

-Single Portion Dairy Ice Cream

-Take-Home Dairy Ice Cream

-Artisanal Ice Cream

By Flavor

-Chocolate

-Mango

-Vanilla

-Strawberry

-Butterscotch

-Others

By Format

-Cup

-Stick

-Cone

-Brick

-Others (Sandwich, Tub, etc.)

By Sales Channel

-Grocery Retailers

-Hypermarkets/Supermarkets

-Convenience Stores

-Other Grocery Retailers

-Brand Owned Outlets

-Ice Cream Carts

-Online

By Region

-North

-South

-West

-East

-North-East

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Analysis of India Ice Cream Market Share:

The India Ice Cream Market’s competitive environment is examined extensively via a comprehensive analysis of its competitors. This analysis provides in-depth information on each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic moves in the market, worldwide footprint, strengths and weaknesses, and notable product/service introductions and dominance. The information outlined above offers a comprehensive overview of the prominent market players, including,

-Gujarat Co-operative Milk Marketing Federation Ltd

-Hindustan Unilever Ltd

-Creambell

-Hatsun Agro Products Ltd

-Mother Dairy Fruit & Vegetable Pvt Ltd

-Vadilal Industries Ltd

-Lotte India Corporation Limited

-Dairy Classic Ice Creams Pvt Ltd

-Baskin Robbins

-Dinshaw’s

-Giani

-Haagen- Dazs

-Natural’s

-Nirula’s

-Top’N Town

-Treat Ice Cream

Frequently Asked Questions (FAQs)

  • How are cost and profit estimations evolving within the India Ice Cream Industry?
  • How do factors such as supply and consumption contribute to the industry landscape?
  • How do import and export considerations influence the dynamics of the India Ice Cream Industry?
  • Which technological advancements are expected to influence the future of the India Ice Cream Market?
  • Who are the prominent players featured in the India Ice Cream Market research report?
  • What are the projected valuations in USD, and what is the CAGR for the forecasted years?

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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Using such information, our clients can identify attractive investment opportunities & strategize their moves to yield higher ROI (Return of Interest) through an early mover advantage with top-management approaches.

We understand the mounting & diverse needs of our clients. Hence, our analysts focus on emerging industries to provide services that fulfill their assessment of the current & future industry potential, identify white spaces & hotspots, & venture into new geographies or business segments in the future.

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