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India Ice Cream Market Analysis 2023-2028 | Industry Size, Current Scenario and Future Prospects

Market Overview: India Ice Cream Market


According to the latest report from MarkNtel Advisors, the India Ice Cream Market is projected to grow at a CAGR of around 13.49% during the forecast period, i.e., 2023-2028. Recognized for its comprehensive evaluation of business performance, product portfolios, operational segments, and industry developments, this market research firm delivers precise market projections and estimates through a meticulous research process. The report encompasses a SWOT analysis, evaluating Return on Investment (ROI) feasibility, economic conditions, relevant statistics, and key variables that underpin strategic market forecasts. Stakeholders benefit from reliable market insights, empowering them to make well-informed decisions.



Growth Opportunity: Nutrition-rich Ice Cream Sales to Raise in the Upcoming Years


Customers are becoming more aware of health issues, leading to a trend toward healthier ice creams, which gives ice cream makers the opportunity to boost the production of products with health benefits, such as protein-rich ice creams, vitamin-rich ice creams, etc. Moreover, the diversifying portfolio of sugar-free ice creams is catering to the demand for ice creams among diabetic customers. According to International Diabetes Federation, in 2021, India homed around 77 million diabetics. Therefore, sugar-free ice creams have a noteworthy market in India.



Key India Ice Cream Market Players and Their Strategies


The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the India Ice Cream market. The research report profiles major players, including


  • Gujarat Co-operative Milk Marketing Federation Ltd

  • Hindustan Unilever Ltd

  • Creambell

  • Hatsun Agro Products Ltd

  • Mother Dairy Fruit & Vegetable Pvt Ltd

  • Vadilal Industries Ltd

  • Lotte India Corporation Limited

  • Dairy Classic Ice Creams Pvt Ltd

  • Baskin Robbins

  • Dinshaw’s

  • Giani

  • Haagen- Dazs

  • Natural’s

  • Nirula’s

  • Top’N Town

  • Treat Ice Cream



In-Depth Analysis of Lucrative Segments in the India Ice Cream Market


Our comprehensive analysis of the India Ice Cream market provides valuable insights into various segments. Investors keen on entering this market should have a thorough understanding of its lucrative segments to optimize their potential gains. To facilitate this understanding, our analyst has meticulously categorized the market into multiple segments, including. These segments are typically defined by product or service type, applications, end-users, and other relevant criteria, with further sub-categorization for enhanced insights. Our report thoroughly examines each sub-segment, highlighting the one that has historically held the largest market share or dominated the industry.


-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

-By Region

  • North

  • South

  • West

  • East

  • North-East


In case you missed it, we are currently revising our reports. Click on the "request customization report" button to get the latest research data with forecast for the years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn't take long for the team to deliver the most recent version of the report.


Key India Ice Cream Market Questions Answered in this Report


  • What factors are driving growth, and what challenges are highlighted in the Market Research Report for the forecast period?

  • What is the anticipated growth rate for the India Ice Cream Market from 2023 to 28?

  • What was the assessed market value of the India Ice Cream Market in USD Millions for the year 2022?

  • How do technological advancements impact market trends and reshape competitive strategies across various sectors?

  • Which consumer behaviours and preferences are underscored in the report, and how can businesses customize their offerings to align with these evolving dynamics?

  • During the period 2023-2028, which segments exhibit the greatest potential for market expansion?


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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.


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