IMARC Group, a leading market research company, has recently released a 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 is a frozen dessert made primarily from dairy products such as milk and cream, often combined with flavorings and sweeteners. The mixture is churned while being cooled to prevent the formation of ice crystals, resulting in a smooth and creamy texture. Ice cream comes in an array of flavors, from classic vanilla and chocolate to more exotic varieties incorporating fruits, nuts, and spices. The dessert can also include various additives like stabilizers and emulsifiers to improve texture and shelf life. It is commonly served in scoops, cones, or as part of more elaborate dishes like sundaes and milkshakes. Ice cream is celebrated for its indulgent nature, enjoyed across different age groups and cultures.

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Ice Cream Market in India Trends:

The rising consumer preferences for diverse flavors and innovative dessert options are catalyzing the demand for Indian ice cream. Moreover, the use of native ingredients like saffron, cardamom, and tropical fruits offers a unique taste profile, serving as a major growth-inducing factor. In addition to this, the growing interest in artisanal and handmade ice creams, incorporating traditional Indian flavors, is propelling the growth of the market. Besides this, manufacturers are using exclusive Indian recipes to differentiate their products, supporting market growth. Apart from this, the appeal of Indian ice cream to a broad demographic, including children and the elderly, is significantly contributing to market growth. Along with this, the inclusion of healthier ingredients like natural sweeteners and fruit purees is boosting the market. Additionally, premium brands offering gourmet Indian ice creams are fueling the market growth. The wide range of applications, from casual snacking to festive celebrations, also contributes to market growth. Furthermore, the adaptability of Indian ice cream in fusion desserts expands its market reach. Other factors such as seasonal promotions, e-commerce availability, and specialized dessert parlors are bolstering the growth of the Indian ice cream market.

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

Browse the full report with TOC and list of Figures: https://www.imarcgroup.com/ice-cream-market-india

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.

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