India Ice Cream Market: An Overview of the Market Size, Share, and Ongoing Trends
The recent India Ice Cream Market study by MarkNtel Advisors aims to help readers grasp the whole scenario of the market and the most profitable areas. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists information of all the period – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies and other valuable aspects related to the industry.
What is the Current India Ice Cream Market Size and How Much It Would Grow in the Next 5 Years?
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. The market is fueled by factors such as rising average mean temperatures, long summers and heat waves, and western & modern lifestyles. The key reason for the expected increase in ice cream sales in the forecasting period is the heat waves that swept the country during the summer months when consumers resorted to ice cream for relief from the high temperatures.
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What are the India Ice Cream Market Growth Prospects?
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.
What Segments Are Discussed in the India Ice Cream Market Report?
The report carefully breaks down the market into different sections, as outlined in the table of content. Each section has a detailed analytics, including sub-sections that spotlight both current and past market sizes. The analysis strives to spot opportunities for quick growth, particularly in the India Ice Cream Market.
- 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
Explore the Complete India Ice Cream Market Analysis Report - https://www.marknteladvisors.com/research-library/india-ice-cream-market.html
Who are the Leading Companies in the India Ice Cream Industry?
A thorough examination of competitors' market share, significant advancements, and key business strategies are discussed under this section. This examination takes into account factors such as overall revenue, market potential, production capabilities, market initiatives, corporate finances, production facilities, strengths and weaknesses, and investments in research and development.
This report focus on major market participants, 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
scrutinizing their strategies like expansion, partnerships, the development of new products, collaborations, and mergers/acquisitions to uphold their positions in the market.
Important Notes: In case you missed it, we are currently revising our reports. Click on the "request customization report" button to get the most latest research data with forecast for 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.
Why to Buy this Detailed Analyzed Report?
- Gain insights into the industry's size, share, and growth patterns.
- Stay informed about the latest trends shaping the India Ice Cream industry.
- In-depth analysis of factors influencing the industry's growth.
- Insights into potential opportunities and development avenues in the India Ice Cream market.
- Understand the current and projected demand dynamics in the India Ice Cream industry.
- Make strategic decisions based on a thorough understanding of India Ice Cream market demand.
- Navigate the competitive landscape confidently with our industry-focused guide.
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