Ice Cream Market in India Valuation to Reach INR 1,078.0 Billion by 2033 - Expanding at a CAGR of 16.7%

Ice Cream Market in India 2025:

How Big is the Ice Cream Market in India?

The Ice cream market in India reached a value of INR 268.0 Billion in 2024 and is projected to grow to INR 1,078.0 Billion by 2033, exhibiting a CAGR of 16.7% during 2025-2033.

Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: INR 268.0 Billion
Market Size in 2033: INR 1,078.0 Billion
Market Growth Rate (CAGR) 2025-2033: 16.7%

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Ice Cream Market in India Trends and Drivers:

The Ice cream market in India is growing rapidly because of changing consumer behavior, increasing disposable incomes, and increasing urbanization. In essence, consumers are moving more towards premium, innovative, and variant ice cream flavors rather than the run-of-the-mill vanilla or chocolate brands.

Healthy variants like low-fat, sugar-free, and probiotic ice creams are also in demand among urban masses. Along with that, organized retail chain penetration and platforms for quick commerce have extensively enhanced product accessibility, leading to increased sales in metros and Tier-II cities. The impact of Western cuisine habits and changing snacking patterns among young generations has also contributed to the increased demand for indulgent frozen desserts throughout the year, even beyond the conventional summer months.

Additionally, the growing demand for locally made and artisanal ice creams is encouraging innovation and niche market growth. Local brands are playing around with native ingredients and fusion recipes to meet both classic and contemporary tastes. Also, technological improvements in cold chain logistics and storage are facilitating broader distribution, providing product freshness geographically.

The growth of QSR chains, cafes, and dessert parlors has also kept demand steady. Essentially, advertising campaigns that focus on nostalgia, social sharing, and experiential consumption are really speaking to millennials and Gen Z consumers. Overall, Ice cream market in India is transforming into a dynamic and diversified segment with robust potential, propelled by a combination of lifestyle shift, product innovation, and retail upheaval.

By the IMARC Group, the Top Competitive Landscapes Operating in the Industry

• GCMMF (Amul)
• Kwality Walls
• Vadilal Group
• Mother Dairy
• Hatsun
• CreamBell

Ice Cream Market in India Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

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

Take-home ice cream has emerged as the most preferred type among consumers, owing to its convenience, larger packaging, and suitability for family and group consumption at home.

Breakup by Flavor:

• Chocolate
• Fruit
• Vanilla
• Others

Vanilla flavor holds the largest share in the Indian ice cream market, primarily due to its classic appeal, widespread preference, and versatile use in various desserts.

Breakup by Format:

• Cup
• Stick
• Cone
• Brick
• Others

Cup ice cream dominates the Indian market due to its convenient packaging, portion control, and suitability for on-the-go consumption across various age groups and demographics.

Breakup by End-User:

• Retail
• Institutional

The retail segment holds the largest market share in India's ice cream industry, driven by widespread availability, organized distribution channels, and increasing consumer footfall.

Breakup by Distribution Channel:

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

The majority of ice creams across India are primarily distributed through convenience stores, which offer easy access, widespread availability, and cater to on-the-go consumer demand.

Breakup by Region:

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

Maharashtra clearly dominates the market, leading in both consumption and production due to its large urban population, strong retail presence, and high consumer purchasing power.

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Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

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

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