Comprehensive Research Report: India Ice Cream Market Size, Share and Growth Trends
The
India Ice Cream Market is projected to exhibit around 13.49%
CAGR during 2023-28. This report is among a new series of
comprehensive reports offering valuable statistics on the studied market. This
report encompasses the market size, regional market shares, competitor
analysis, detailed segmentation of the market, emerging market trends,
potential opportunities, and any additional data necessary for thriving in the India
Ice Cream industry.
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Industry
Driving Factor: India Ice Cream Market Research Report 2023-2028
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.
Furthermore, established brands in India have
partnered with quick commerce service providers such as Swiggy, Zomato, Dunzo,
and Blinkit. While out-of-home consumption has seen an uptick due to the
increase in mobility as restrictions ease, the improving quick commerce
provides an avenue for manufacturers to also increase at-home consumption.
Top India
Ice Cream Market Companies Analysis: Latest Investment/Development
-
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
The
comprehensive research report delves into every essential aspect and
advancement within the India Ice Cream market, with a primary focus on
prominent market players. The market demonstrates a moderate level of
fragmentation, as numerous players hold relatively small market shares, thereby
exerting individual influence on the market dynamics.
Additionally,
the report offers a wealth of in-depth information about these companies,
encompassing their profiles, components, provided services, financial
particulars, key developments, and other pertinent details.
Access Now!" - Gain A Comprehensive View of the India
Ice Cream Market with Our Analysis Report - https://www.marknteladvisors.com/research-library/india-ice-cream-market.html
India Ice
Cream Market Analysis of Segments, Regions, and Key Parameters
The
India Ice Cream Market exhibits a highly fragmented nature, encompassing
various segments and geographical regions. These sections provide crucial
insights into the opportunities and challenges faced by market players,
fluctuations in demand, supply, revenue generation, size, sales, profits,
volume, and pricing, among other essential parameters, beneficial for
investors. Additionally, stakeholders can gain an overview of external factors
influencing the industry's expansion over time.
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
Geographically,
the India Ice Cream Market extends across the following:
- North
- South
- West
- East
- North-East
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FAQs about
the India Ice Cream Market
Q1: How big
is the India Ice Cream Market?
A:
The India Ice Cream Market size
influenced by several factors, such as industry demand, technological
advancements, and economic conditions. For the most up-to-date figures, it is
recommended to refer to our recent market research report.
Q2: What is
the projected growth rate or CAGR of the India Ice Cream Market during 2023-28?
A:
The projected Compound Annual Growth Rate (CAGR) of the India Ice Cream Market for the period 2023-28 is 13.49%.
Our market analysts often predict future growth rates based on historical data,
market trends, and other relevant factors.
Q4: Who are
the prominent players in the India Ice Cream Market?
A:
The India Ice Cream Market
includes several prominent players, such as 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
Robb, and others. The specific list of prominent players can change over
time due to market dynamics and competitive forces.
Q3: What are
the major trends or growth opportunities for the key players in the India Ice
Cream Market?
A:
The leading companies in the India Ice
Cream Market can explore various growth opportunities, driven by the
latest trends. Staying updated with market trends and consumer preferences is
crucial for capitalizing on growth opportunities.
Q5: Which
'segment' seems promising for the India Ice Cream Market growth through 2028?
A:
Identifying promising segments in the India
Ice Cream Market depends on the specific products or services offered by
companies and their target markets. After conducting thorough market research
and understanding consumer needs, the most suitable segment has been identified
by our analyst.
Other
Studies –
1. https://uchatoo.com/read-blog/40279
2. https://www.rugbynflforum.com/read-blog/9707
3. https://www.mymeetbook.com/read-blog/31310
4. https://baitk.com/read-blog/43661
5. https://stompster.com/read-blog/131949
6. https://www.pickmemo.com/read-blog/197500
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