The latest report by MarkNtel Advisors, titled “India Ice Cream Market Report 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), other and Region 2024-2030”, offers a comprehensive analysis of the industry, which comprises insights on the India Ice Cream Market research report.
What is the market outlook for India Ice Cream?
The Global India Ice Cream Market size was valued at USD 3 Billion in 2023 and is projected to grow at a CAGR of around 13.49% during the forecast period 2024-30.
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Major Companies Operating in the India Ice Cream Industry:
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 Market Report Segmentation:
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.
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
Learn More About the Market Report – https://www.marknteladvisors.com/research-library/india-ice-cream-market.html
Regional Insights:
By Region
-North
-South
-West
-East
-North-East
India Ice Cream Market Driver: Growing Developments in Quick Commerce & E-commerce to Drive the Ice Cream Market
Quick commerce and e-commerce have evolved in recent years, allowing customers to consume ice cream in the comfort of their own homes with just a few taps on their smartphones. This ease of use increased ice cream consumption at home. Furthermore, the pandemic influenced customers’ consumption of comfort foods such as candy and ice cream. Due to limited mobility and the closure of out-of-home channels, the pandemic also increased ice cream sales via e-commerce. Even after the lockdown was lifted, the habit persisted due to the ease of access and the wide variety of products available online.
The growth of e-commerce is primarily driven by quick commerce, mainly due to the perishable nature of this product. There is huge potential for ice creams, as the per capita consumption of the same is low compared with other countries like the US & UK. Quick commerce opens up the opportunity to push the at-home consumption of ice cream.
Furthermore, established brands in India have partnered with quick commerce service providers such as Swiggy, Zomato, Dunzo, and Blinkit. While out-of-home consumption has seen an uptick due to the increase in mobility as restrictions ease, the improving quick commerce provides an avenue for manufacturers to also increase at-home consumption.
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