India Ice Cream Market

Navigating India Ice Cream Market Trends: USD 3 Billion Value in 2022 and Boasting a CAGR of 13.49% Projections by 2030

Market Overview: India Ice Cream Market

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the India Ice Cream Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

India Ice Cream Market Insights 2024-30

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.

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Top Players in the India Ice Cream Market:

  • 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

Segmentation Analysis of India Ice Cream Market

India Ice Cream Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By Type

  • Impulse Ice Cream
  • Single Portion Dairy Ice Cream
  • Take-home Dairy Ice Cream
  • Artisanal Ice Cream

Amongst all, Impulse Ice Cream grabbed a considerable share of the India Ice Cream market over the historical period. The innovative broad range of impulse ice creams experienced substantial sales due to the preferences and choices of customers to purchase water-based, ready-to-consume frozen treats, such as chocolate-coated ice creams and ice cream tubes, during the summer season. India has always been known for its intensive hot climatic conditions from March to July. However, the country has observed a trend of consuming impulse ice creams throughout the year, which is expected to support impulse ice cream sales in the forecast years as well.

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-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

A Comprehensive Geographical Analysis:

-By Region

  • North
  • South
  • West
  • East
  • North-East

In recent years, the India Ice Cream market has been evenly distributed across the country. Despite this, the western region of India has a slightly higher market share than the rest of the regions due to a favorable combination of several factors such as population, climate, per capita income, logistics, and ongoing urbanization in states such as Gujarat & Maharashtra.

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MarkNtel Advisors is a leading market research company, 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 113.49 diverse industrial verticals.

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