MarkNtel Advisors has just released a comprehensive research report on the India Ice Cream Market. Tailored to provide valuable insights and assistance to clients navigating this dynamic market, our report addresses the key objectives of predicting trends, gaining a profound understanding of market perspectives, identifying strategic investment opportunities, and evaluating potential business partners. By adopting a meticulous approach, we aim to empower our clients with the information needed to make informed decisions, enabling them to thrive in the ever-evolving landscape of the India Ice Cream industry.
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Notable Findings from the India Ice Cream Market Report for 2024 - 30 involves,
Market Analysis and Insights
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 2024-30. Numerous factors backing the market growth have been comprehensively analyzed in the research report, making it feasible for clients to put their best leg forward and ensure they get an edge over competitors. We understand how important data is in this modern world, which is why we have meticulously curated data sheets for each segment of the market.
Potential Opportunities Identified by Our Analysts
The India Ice Cream market is highly robust and fragmented. Citing this, we have segregated the market into numerous segments, such as
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.
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These segments are further subdivided into various sub-segments. It is done to identify the sub-segment that is more promising and has the highest market share in order to leverage the maximum profit. Knowing beforehand the lucrative segment of the market would make the client stand out in terms of revenue and sales.
Current Landscape of India Ice Cream Market
Considering the significance of mergers and partnerships for India Ice Cream businesses, our analysts have effectively identified and evaluated potential business partners in the India Ice Cream market report. As per the report, the key players in the market are
-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.
Our report delves deeper in an attempt to offer actionable insights into prospective partners' reputability, reliability, and capabilities. Clients can make informed decisions regarding partnerships, ensuring their vision is in line with the partnering entities and fostering business objectives within the India Ice Cream market.
India Ice Cream Market Future Outlook
Taking into account the historical trends, market growth graph, consumer preferences, and other factors, the ascension of the India Ice Cream market is inevitable. The market for India Ice Cream seems opportunistic during the forecast years of 2024-30, backed by favorable regulations, making the market players thrive in the next five years.
India Ice Cream Market Key Trend:
Escalating Demand for Vegan Ice Creams Among Customers - Veganism is a growing trend in the Indian ice cream market, with various brands promoting the sale of vegan ice creams to encourage veganism. Growing environmental awareness supports the cause of going vegan, as the meat industry is one of the biggest reasons for environmental degradation. Moreover, customers are also going vegan to protect animals.
Consequently, due to the rising demand for vegan foods, many startups, such as WhiteCub, Minus 30, etc., have been established to produce vegan ice creams. Furthermore, renowned brands have also been indulging in the production of vegan ice creams.
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Frequently Asked Questions
1. What forecasts can be made regarding market share, product availability, and consumer demand?
2. What key forces are steering the dynamics of the India Ice Cream Market?
3. What are the anticipated technological advancements shaping the future of the India Ice Cream Market, and how will they impact production capacity, output, and overall industry value?
4. How might regulatory changes impact the India Ice Cream industry's trajectory?
5. Who are the prominent key players in the India Ice Cream Market?
About Us-
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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