Ice Cream Market in India 2022: Share, Top Companies, Industry Analysis and Forecast to 2027

According to IMARC Group's latest report, titled "Ice Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The ice cream market in India size reached INR 165.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 436.2 billion by 2027, exhibiting at a CAGR of 17.69% during 2022-2027.

Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

Ice Cream market in India Trends:

The growing food and beverage (F&B) segment and the development of efficient cold chain infrastructure, which consists of temperature-controlled storage spaces, efficient management procedures, procurement of trained operational and servicing personnel, etc., are primarily driving the ice cream market in India. Furthermore, the shifting consumer preferences toward premium quality products that have prompted various international ice cream brands to expand their businesses in India are acting as significant growth-inducing factors. Besides this, the elevating focus among the leading market players on introducing genetically modified organism (GMO)-free, fat-free, sugar-free, preservative-free, dairy-free, gluten-free, and organic products, on account of the increasing health consciousness and lactose intolerance among consumers, is also positively influencing the market across the country. Moreover, the emerging trend among restaurants and cafes of adding soft serve to their portfolio and the inflating demand for natural and traditional flavored ice cream are further stimulating the market growth. Apart from this, the expanding product reach in semi-urban and rural areas and the escalating product availability through online retail channels are expected to propel the ice cream market in India over the forecasted period.

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Ice Cream Market Overview:

Ice cream refers to a sweetened frozen food that is prepared using a mixture of milk, sugar, cream, and other ingredients. It is available in numerous flavors, such as chocolate, fruit, vanilla, etc., and can be broadly categorized into the impulse, take-home, and artisanal types. Ice cream products act as a good source of milk protein and calcium. They even help to stimulate the brain and boost energy level of the body. Consequently, they are among the highly favored dairy products in India.

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Ice Cream market in India 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the Ice Cream market in India has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• GCMMF
• Kwality Walls
• Vadilal
• Mother Dairy
• Hatsun
• Cream Bell

Key Market Segmentation:

The report has segmented the Ice Cream market in India based on type, flavor, format, end-user, distribution channel and region.

Breakup by Type

• Impulse Ice Cream
• Take-Home Ice Cream
• Artisanal Ice Cream

Breakup by Flavor

• Chocolate
• Fruit
• Vanilla
• Others

Breakup by Format

• Cup
• Stick
• Cone
• Brick
• Others

Breakup by End-User

• Retail
• Institutional

Breakup by Distribution Channel

• General Trade
• Supermarkets/Hypermarkets
• Ice cream Parlors
• Convenience Stores
• Online
• Others

Breakup by Regions:

• Maharashtra
• Uttar Pradesh
• Andhra Pradesh
• Tamil Nadu
• Gujarat
• Rajasthan
• Karnataka
• Madhya Pradesh
• West Bengal
• Bihar
• Delhi
• Kerala
• Punjab
• Odisha
• Haryana

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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This release was published on openPR.