Future India Ice Cream Market: Key Dynamics, Size & Share Analysis

The India Ice Cream Market size was valued above USD 3 Billion in 2023 and is further projected to grow at a CAGR of 13.49% during 2025-30. 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. According to the Indian Meteorological Department (IMD), the average monthly temperature in March 2022 was 33.1°C, the highest in the previous 122 years.

Top Market Challenges Impacting the India Ice Cream Market Growth

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.

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Understanding the Core Segments in the India Ice Cream Market

India Ice Cream Market Size, Share & Industry Trends Analysis- 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), By Competitors (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, Others.

Geographical Analysis of the India Ice Cream Market

 By Region

• North
• South
• West
• East
• North-East.

Who Dominates the India Ice Cream Market Insights on Key Industry Players?

Companies are strengthening their presence in the India Ice Cream market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

• 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.

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