Ice Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Ice Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

  • May 2021 •
  • 170 pages •
  • Report ID: 4876140 •
  • Format: PDF
Originally known as iced cream, ice cream can be defined as a mixture of milk, cream, sugar and other ingredients, that has been frozen into a soft, creamy delight using special techniques.

It generally contains stabilizers like gluten which give the mixture a consistent texture. Ice cream today represents one of the fastest growing food segments in India. A recently released report by the analyst, titled “Ice Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, critically examines the Indian ice cream market. The report finds that the market exhibited strong growth during 2015-2020. The healthy growth of the market can be attributed to numerous forces. Population growth, rising disposable incomes, urbanisation rates, changing consumer preferences, improved cold supply chain and growing deep freezer penetration are some of the factors that are broadening the growth aspects of the market. Looking forward, the analyst expects the ice cream market in India to grow at a CAGR of 17.3% during 2021-2026.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the Indian Ice Cream market, along with forecasts for growth at the regional and state level from 2021-2026. Our report has categorized the market based on type, flavor, format, end-user, distribution channel, and region.

Market Breakup by Type

Impulse Ice Cream
Take-Home Ice Cream
Artisanal Ice Cream

Market Breakup by Flavor


Market Breakup by Format


Market Breakup by End-User


Market Breakup by Retail Distribution Channel

General Trade
Ice cream Parlors
Convenience Stores

Performance by Regions:
Uttar Pradesh
Andhra Pradesh
Tamil Nadu
Madhya Pradesh
West Bengal

For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the largest market, accounting for nearly 14% of the market share. It is followed by Uttar Pradesh and Gujarat. The competitive landscape of the Indian ice cream market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, Kwality Walls, Vadilal, Mother Dairy, Hatsun and Cream Bell.

The study gives an in-depth analysis of the ice cream market landscape in India, covering the current, historical and future trends for ice cream production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian ice cream market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian ice cream industry in any manner.