Overview of the India Ice Cream Market
Discover the India Ice Cream Market Research Report with MarkNtel Advisors latest study! Our comprehensive report goes deep into the market's size, share, growth potential, demand, and future prospects. We examine current market trends, identify growth drivers, and address limitations. Our analysis spans from 2023 to 2028 aiming to capture the evolving landscape. Additionally, we provide future market projections, along with a thorough exploration of key market dynamics and segment performance. Dive into our assessment of supply and demand, as well as the current manufacturing scenario.
India Ice Cream Market Insights:
The India Ice Cream Market size was valued above USD 3 Billion in 2022 and is further projected to grow at a CAGR of 13.49% during 2023-28.
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India Ice Cream Market Dynamic:
Industry Driving Factor:
Growing Developments in Quick Commerce E-commerce to Drive the Ice Cream Market - Quick commerce and e-commerce have evolved in recent years, allowing customers to consume ice cream in the comfort of their own homes with just a few taps on their smartphones. This ease of use increased ice cream consumption at home. Furthermore, the pandemic influenced customers' consumption of comfort foods such as candy and ice cream. Due to limited mobility and the closure of out-of-home channels, the pandemic also increased ice cream sales via e-commerce. Even after the lockdown was lifted, the habit persisted due to the ease of access and the wide variety of products available online.
The growth of e-commerce is primarily driven by quick commerce, mainly due to the perishable nature of this product. There is huge potential for ice creams, as the per capita consumption of the same is low compared with other countries like the US UK. Quick commerce opens up the opportunity to push the at-home consumption of ice cream.
India Ice Cream Market Segmentation: 2023-2028
This report is a comprehensive research study focusing on the growth of the India Ice Cream Market in various segments and geographical areas. Its aim is to help key stakeholders and industry leaders develop innovative strategies and marketing campaigns to bolster the anticipated production and revenue in the coming year. The report delves into shifts, trends, supply chain dynamics, demand, pricing for products and services, and other crucial aspects within each subcategory. Here are the different segments explored in this research report.
- 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
India Ice Cream Market Geographically Analysis:
By Region
- North
- South
- West
- East
- North-East
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India Ice Cream Market Key Players:
In this section, the report authors perform a thorough analysis of leading companies in the India Ice Cream Market. They examine the firms' strategies, recent advancements, expansion initiatives, product and service offerings, mergers and acquisitions, and opportunities for enhancing profitability. The report spotlights the following noteworthy companies:
- 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
We closely monitor regional market trends and industry responses. Additionally, we offer projections of the latest market trends, considering the possible market impact."
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