The Report Cube which is one of the leading market research company in UAE expects the India Ice Cream Market to grow at a CAGR of around 14.5% through 2032, as highlighted in their latest research report. The study provides an in-depth analysis of the emerging trends shaping the India Ice Cream Market and offers detailed forecasts for its potential growth during 2023–2032. The report also presents a comprehensive assessment of the competitive landscape, including profiles of leading players, their performance metrics, and recent strategic developments. Additionally, it explores the key market drivers, challenges, opportunities, and provides insights into historical and future revenue trends at the global, regional, and country levels.
India Ice Cream Market Overview:
Market Size (2023): USD 220 Billion
Market Size (2032): USD xx Billion
CAGR (2023–2032): 14.5%
Top Companies in 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, and Others.
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Key Growth Drivers of the India Ice Cream Market:
- High Seasonal Demand & Cultural Traditions to Drive the Industry Growth
The distinct fusion of India’s weather patterns & cultural customs has greatly aided in the ice cream industry’s expansion. The hot months of the year in India result in a notable increase in ice cream consumption due to the country’s intense summer season. Ice cream serves as more than simply a dessert, it’s a way to stay cool & escape the heat. Manufacturers produce summer-specific products, run promotions, and marketing efforts in response to this seasonal demand. Also, numerous festivals & celebrations, involving the ingestion of sweets & desserts like ice cream, are trademarks of India’s rich cultural environment.
Moreover, ice cream’s appeal has increased as a result of its widespread use during these festive occasions, such as Diwali, Holi, and others. The variety of Indian cultures is reflected in their tastes for desserts. Each region of the country has its traditional frozen dessert, such as falooda in the West and kulfi in the North, among other regional delicacies. In order to accommodate local tastes, ice cream brands frequently include these regional elements in their products, which contributes to enhancing the India Ice Cream.
India Ice Cream Market Segmentation
The India Ice-Cream Market is segmented based on type, flavor, type of serving, sales channel, and region. Among these, impulse and take-home ice creams dominate the market, driven by increasing consumer demand for convenient and premium dessert options. Chocolate and mango remain the most popular flavors across all regions, while innovation in artisanal and health-focused ice creams continues to expand the category. In terms of distribution, hypermarkets/supermarkets and online channels are witnessing strong growth due to wider product availability and doorstep delivery services. Regionally, the western and southern parts of India lead the market, supported by higher urbanization and changing consumption patterns.
Market Share, By Type (USD Million)
- Impulse Ice Cream
- Single Portion Dairy Ice Cream
- Take-Home Dairy Ice Cream
- Artisanal Ice Cream
Market Share, By Flavor (USD Million)
- Chocolate
- Mango
- Vanilla
- Strawberry
- Butterscotch
- Others
Market Share, By Type of Serving (USD Million)
- Cup
- Stick
- Cone
- Brick
- Others (Sandwich, Tub, etc.)
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Market Share, By Sales Channel (USD Million)
- Grocery Retailers
- Hypermarkets/Supermarkets
- Convenience Stores
- Other Grocery Retailers
- Brand Owned Outlets
- Ice Cream Carts
- Online
Market Share, By Region (USD Million)
- North
- South
- West
- East
- North-East
Note:
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