India Ice Cream Market Size, Growth, and Industry Statistics | Latest Insights till 2030

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.

Market Overview: India Ice Cream Market

According to the latest report from MarkNtel Advisors, the India Ice Cream Market projecting a probable CAGR of approximately 13.49% for the forecast period 2024-2030. The renowned market research firm specializes in evaluating business performance, product portfolios, operational segments, and industry developments. Through a meticulous research process, we furnish stakeholders with accurate market projections and estimates, solidifying its reputation for delivering precise insights into the market landscape.

Additionally, the report delves into comprehensive analyses of emerging trends, competitive landscapes, and potential growth drivers within the India Ice Cream market. Our commitment to a thorough examination of market dynamics ensures that stakeholders receive invaluable insights, empowering them to make informed decisions and stay ahead in the rapidly evolving business environment. 

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Growth Prospect of India Ice Cream Market: 

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. 

Insights into The Dominant Segments in The India Ice Cream Market

Our comprehensive analysis of the India Ice Cream Market provides valuable insights across various segments, enabling potential investors to make informed decisions for optimal returns. Recognizing the need for a thorough understanding of profitable opportunities, our analysts have meticulously categorized the market into distinct segments, including. 

Each segment is further sub-categorized, unlocking extended benefits and facilitating a detailed examination of potential avenues for investment. Our report not only delves into each sub-segment but also highlights the dominant player that has held the largest market share throughout the historical period. This strategic approach equips investors with a comprehensive overview, empowering them to navigate the India Ice Cream Market with precision and capitalize on the most lucrative opportunities available. 

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-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

In addition to such classification, our reports also pinpoint geographical area that either dominate the market in terms of size or volume or exhibit promise for the future. Drawing on demographics, consumer behavior, market supply and demand, and historical market performance, we project the geographical growth of the market across areas such as

-By Region

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

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Prominent India Ice Cream Market Players and Their Strategic Outlook

The report identifies key players in the market and conducts a comprehensive analysis of their business strategies, trends, innovations, and manufacturing infrastructure to forecast their market presence over the next five years. The meticulously researched data has the potential to set even new entrants apart in the long term. Armed with the right data and actionable insights, our research report offers a holistic view of the market, empowering investors or stakeholders to establish a robust presence in the India Ice Cream market. The major players featured in the research report, including their net worth and valuation in USD, are

  • 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

India Ice Cream Market Report Cover User Following Question:

  1. What is the current size and share of the India Ice Cream Market, and what growth trends are anticipated shortly?
  2. How does the demand for [specific product/service] in the India Ice Cream Market look, and what factors contribute to its growth or decline according to recent research reports?
  3. What is the forecast for the India Ice Cream Market in terms of size, growth, and emerging trends over the next few years?
  4. How has the India Ice Cream Market evolved recently, and what are the latest developments that industry professionals should be aware of?
  5. What key factors contribute to the demand for India Ice Cream Market, as outlined in the most recent research report?

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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.

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