Ice Cream Market in India is Expected to Reach INR 956.0 Billion by 2032 | IMARC Group

IMARC Group, a leading market research company, has recently releases report titled "Ice Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032," The study provides a detailed analysis of the industry, including the ice cream market in India share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the ice cream market in India?

The ice cream market in India size reached INR 228.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 956.0 Billion by 2032, exhibiting a growth rate (CAGR) of 17.4% during 2024-2032.

Ice Cream Market Overview:

Ice cream is a popular sweetened frozen dessert that has captivated taste buds globally for centuries. Traditionally, it's made by combining key ingredients like milk or cream, sugar, and often egg yolks. This mixture is churned slowly while cooling to prevent large ice crystals from forming, resulting in a smoothly textured final product. Flavorings, such as vanilla, chocolate, fruits, nuts, and other creative additions are incorporated to offer a myriad of taste experiences. Ice cream can be found in countless varieties including regular, premium, and artisanal, each differing in ingredients quality, fat content, and preparation methods. Novel forms like gelato, an Italian version known for its dense creaminess and intense flavor; sorbet, a dairy-free variant often fruit-based; and frozen yogurt, considered a healthier option due to its probiotic content, are further broadening the spectrum of frozen delights. One of the reasons for ice cream's worldwide popularity is its versatility. It can be enjoyed plain, topped with sauces or sprinkles, served alongside cakes or pies, or fashioned into treats like sundaes, milkshakes, and ice cream sandwiches.

𝐆𝐞𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/ice-cream-market-india/requestsample

Ice Cream Market in India Trends:

The rising disposable incomes and urbanization are contributing to increased consumer spending on discretionary food items like ice cream which represents one of the key factors driving the growth of the ice cream market in India. As more people migrate to urban areas and hold more money to spend, the demand for indulgent food products grows. In line with this, India's large and young population is significantly impacting the growth of the market. Young consumers often hold a high preference for sweet treats and novel flavors, thereby making them a key demographic for ice cream manufacturers.

This propensity, coupled with India's hot climate for a significant part of the year, is bolstering the demand for ice cream. The market is also driven by the proliferation of organized retail and e-commerce. Supermarkets, hypermarkets, and convenience stores provide a wide range of ice cream brands and varieties, increasing consumer access to these products. In addition to this, online grocery shopping is increasing which is facilitating easy purchase and home delivery of ice cream products. In addition to this, innovation in product offerings is fueling the market growth.

Manufacturers continually launch new flavors and formats to attract consumers which is fueling the growth of the market. The introduction of regional flavors that cater to local tastes, healthier options with reduced sugar or fat, and premium and artisanal products targeting the upscale market segment, all contribute to expanding the market.

The increasing marketing and promotional activities are propelling the growth of the market. Ice cream brands invest heavily in advertising campaigns, especially during the summer, to lure consumers. They also offer discounts and promotional deals to stimulate sales. Moreover, the growing health consciousness among Indian consumers is driving demand for healthier ice cream alternatives. This includes options that are low in sugar, lactose-free, or made with natural ingredients, which creates a positive outlook for the market across the country.

Who are the key players operating in the industry?

The report covers the major market players including:

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

What is included in market segmentation?

The report has segmented the market into the following categories:

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

𝐀𝐬𝐤 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐁𝐫𝐨𝐰𝐬𝐞 𝐟𝐮𝐥𝐥 𝐫𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐓𝐎𝐂 & 𝐋𝐢𝐬𝐭 𝐨𝐟 𝐅𝐢𝐠𝐮𝐫𝐞: https://www.imarcgroup.com/request?type=report&id=777&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same 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.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝗦:

IMARC Group

134 N 4th St Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

This release was published on openPR.