You are currently viewing India Ice Cream Market to be Driven by the Growing Popularity of Ice Cream Due to the Hot and Humid Climate in the Country in the Forecast Period of 2022-2027

India Ice Cream Market to be Driven by the Growing Popularity of Ice Cream Due to the Hot and Humid Climate in the Country in the Forecast Period of 2022-2027

The new report by Expert Market Research titled, ‘India Ice Cream Market Share Report and Forecast 2022-2027’, gives an in-depth analysis of the India ice cream market, assessing the market based on its segments like types, flavours, formats, end uses, distribution channels, and major states.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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India Ice Cream Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): INR 201.4 Billion
  • Forecast CAGR (2021-2026): 14%
  • Forecast Market Size (2026): INR 442 Billion
Report Attribute Details
Historical Period 2017-2021
Forecast Period 2022-2027
Base Year 2020
Market Size in 2020 INR 201.4 billion
Revenue Forecast in 2026 INR 442 billion
Growth Rate CAGR 14%

The demand for ice cream in India is being driven by the hot and humid climate in the country, improving power supply facilities in villages, increasing penetration of push-cart workforce in the urban areas, and the thriving travel and leisure activities in the country. Post-COVID induced lockdown, the reopening of restaurants, pubs, hotels, and schools and colleges, have been propelling the demand for ice-creams.

In addition to this, the ramp-up of marketing strategies by the major ice-cream companies, such as Mother Dairy, is anticipated to boost the market growth in the forecast period. The progressive innovations of ice cream products, such as low-sugar ice-creams for diabetics, is likely to be a major driving factor of ice-cream market in India.

India Ice Cream Industry Definition and Major Segments

Ice cream is defined as a sweet frozen dessert which contains milk, cream, and sugar as the basic ingredients, along with some flavouring. Air is crucial for making ice cream as it affects the density and heaviness of the ice cream. The amount of milkfat and sugar content in an ice cream depends upon the variety of the product. Commercially sold ice creams must contain a minimum of 10% milk fat.

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On the basis of type, the market can be segmented into:

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

Based on flavour, the market has been divided into:

  • Chocolate
  • Fruit
  • Vanilla
  • Others

The market can be broadly categorised based on format into:

  • Cup
  • Stick
  • Cone
  • Brick
  • Others

The significant end-uses included in the market are as follows:

  • Retail
  • Institutional

Based on distribution channel, the market has been classified into:

  • Supermarkets/Hypermarkets
  • Ice Cream Parlours
  • Convenience Stores
  • Online
  • Others

The major states in the Indian ice cream market include:

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

India Ice Cream Market Trends

The key trends in the ice-cream market in India include the thriving e-commerce sector, which is propelling the demand for a variety of ice-cream products. The increasing purchasing power, coupled with the growing adoption of smartphones, is likely to be a crucial trend in the market.

Moreover, the growing R&D activities by the major ice-cream making firms aimed towards developing ice creams with innovative flavours and dry fruits is anticipated to compel the population of the country to experiment with different flavours and ice cream products.

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Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.