Market Overview: India Ice Cream Market FY2024-2030
This reports provides an essential and dependable overview of the India Ice Cream Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
India Ice Cream Market Report Coverage Details:
Base Year: 2023
Historical Data: 2019-22
Forecast Period: 2024-2030
CAGR: 13.49% (2024-2030)
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.
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India Ice Cream Market Opportunity:
Nutrition-rich Ice Cream Sales to Raise in the Upcoming Years - Customers are becoming more aware of health issues, leading to a trend toward healthier ice creams, which gives ice cream makers the opportunity to boost the production of products with health benefits, such as protein-rich ice creams, vitamin-rich ice creams, etc. Moreover, the diversifying portfolio of sugar-free ice creams is catering to the demand for ice creams among diabetic customers. According to International Diabetes Federation, in 2021, India homed around 77 million diabetics. Therefore, sugar-free ice creams have a noteworthy market in India. For instance:
Habbit Health and Nutrition launched zero-sugar, low-fat, and low-calorie ice creams in 2021 to cater to the health-conscious customers of India.
Consequently, with the ongoing nutritious developments in ice creams, the ice cream industry would be able to fulfill the demand of a large segment of Indian Customers.
India Ice Cream Market Segmentation Analysis – FY2024-2030
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the India Ice Cream Market (2024-2030). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The India Ice Cream Market segmentation is enlisted below:
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.)
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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
India Ice Cream Market Competitive Landscape
Gujrat Co-operative Milk Marketing Federation Ltd, Hindustan Unilever Ltd, Devyani Food Industries Pvt Ltd, Hatsun Agro Products Ltd, Mother Dairy Fruit & Vegetable Pvt Ltd, Vadilal Industries Ltd, Haymor Food Pvt Ltd, Dairy Classic Ice Cream Pvt Ltd, Punjab State Cooperative Milk Producers Federation Ltd.
India Ice Cream Industry News:
In 2022: Vadilal launched a gourmet natural product line with five flavors: Gulab Jamun, Alphonso Mango, Kesar Pista, Classic Malai, and Falooda, and two flavors in kulfi: Badam Pista Kesar & Rajwadi, broadening its range of ice creams flavor offerings.
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Key Report Highlights
Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators
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