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Ice Cream Market in India
India ice cream market by product (impulse ice cream, take-home ice cream, frozen yoghurt, others), by distribution channel (convenience stores, supermarkets and hypermarkets, online retail, others), industry snapshot, 2022-2028
Ice cream is made from dairy products or dairy alternatives and is flavored with a sweetener, either sugar or an alternative, and a spice, such as cocoa or vanilla, or with fruit such as strawberries or peaches. The ice cream market in India comprises the take-home, impulse, and frozen yoghurt. Impulse ice creams are sold in individual packages or without packaging, purchased mostly under the influence of emotion and desire. Take-home ice creams are multi-serving ice cream tubs, ice cream cakes, and sorbet tubs sold for take-home and bulk consumption. The ice cream market in India was valued at USD 1,558 million in 2021 to USD 3,488 million by 2028, progressing at a CAGR of 12.2% from 2022 to 2028, according to Gen Consulting Company.
This industry report offers market estimates of the India market, followed by a detailed analysis of the product, and distribution channel. The India market data on ice cream can be segmented by product: impulse ice cream, take-home ice cream, frozen yoghurt, others. In 2021, the take-home ice cream segment made up the largest share of revenue generated by the ice cream market. Ice cream market is further segmented by distribution channel: convenience stores, supermarkets and hypermarkets, online retail, others.
The impulse ice cream market is further segmented into single portion dairy ice cream, single portion water ice cream. Furthermore, the take-home ice cream market has been categorized into take-home dairy ice cream, take-home water ice cream.
The India ice cream market is highly competitive. The prominent players operating in the India ice cream market include Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Hatsun Agro Product Ltd. (HAP), Lotte Corporation, National Dairy Development Board (NDDB), RJ Corp Limited, Unilever plc, Vadilal Industries Limited.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive coverage of the market across different market segments, the report is a valuable asset for the existing players, new entrants and the future investors.
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