1 Preface
2 Scope and Methodology
2.1 Study Objectives
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Ice Cream Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Breakup by Segment
4.5 Market Breakup by Region
4.6 Price Trends
4.6.1 Raw Material Price Trends
4.6.2 Ice Cream Price Trends
4.6.3 Product Margins
4.7 Market Forecast
4.8 Competitive Landscape
4.8.1 Market Structure
4.8.2 Key Players
4.8.3 Profiles of Key Players
5 Detailed Process Flow
5.1 Product Overview
5.3 Various Types of Unit Operations Involved
5.4 Quality Assurance Criteria
5.5 Technical Tests
5.6 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Selection Criteria and Significance
6.1.3 Location Analysis
6.1.4 Project Planning and Phasing of Development
6.1.5 Environmental Impact
6.1.6 Land Requirement and Costs
6.2 Plant Layout
6.2.1 Overview
6.2.2 Importance and Essentials
6.2.3 Layout
6.2.4 Factors Influencing Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements
6.3.2 Machinery Costs
6.3.2 Machinery Suppliers (Provided on Request)
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Details and Procurement
6.4.3 Raw Material Costs
6.4.4 Raw Material Suppliers (Provided on Request)
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging
6.5.1 Packaging Overview
6.5.2 Packaging Requirements
6.5.3 Packaging Material Details and Procurement
6.5.4 Packaging Costs
6.5.5 Packaging Material Suppliers (Provided on Request)
6.6 Transportation
6.6.1 Transportation Overview
6.6.2 Transportation Requirements
6.6.3 Transportation Costs
6.7 Utilities
6.7.1 Energy Requirements and Costs
6.7.2 Water Requirements and Costs
6.7.3 Costs Related to Other Utilities
6.8 Human Resource Requirements and Wages
6.8.1 Total Human Resource Requirement
6.8.2 Salary Costs
6.8.3 Overview of Employee Policies
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Techno-Economic Parameters
8.3 Income Projections
8.4 Expenditure Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
8.8.5 Economic Analysis
9 Regulatory Procedures and Approval
10 Certification Requirement
11 Key Success and Risk Factors
12 Strategic Recommendations
13 Case Study of a Successful Venture
Capital requirements generally include land acquisition, construction, equipment procurement, installation, pre-operative expenses, and initial working capital. The total amount varies with capacity, technology, and location.
To start an ice cream manufacturing business, one needs to conduct a market feasibility study, secure required licenses, arrange funding, select suitable land, procure equipment, recruit skilled labor, and establish a supply chain and distribution network.
Ice cream production requires milk or milk solids, cream, sugar, stabilizers and emulsifiers, and flavors (like vanilla, chocolate, or fruit). Optional ingredients include fruits, nuts, chocolate chips and colorants.
The ice cream factory typically requires milk pasteurizer, ice cream freezer or batch freezer, mixing and homogenizing machines, filling machines, flavoring and ingredient mixing equipment, packaging machines (for tubs, cones, etc.), Refrigeration units for storage, Quality control and testing equipment.
The main steps generally include:
Milk and cream pasteurization
Mixing of ingredients
Homogenization for smooth texture
Freezing and churning to incorporate air (overrun)
Flavoring and adding solid ingredients (fruits, chocolate)
Packaging into containers or cones
Storage at proper temperatures for freezing and curing
Usually, the timeline can range from 12 to 18 months to start an ice cream manufacturing plant, depending on factors like depending on plant size, equipment procurement, facility setup, and regulatory approvals.
Challenges may include high capital requirements, securing regulatory approvals, ensuring raw material supply, competition, skilled manpower availability, and managing operational risks.
Typical requirements include business registration, environmental clearances, factory licenses, fire safety certifications, and industry-specific permits. Local/state/national regulations may apply depending on the location.
The top ice cream manufactures are:
GCMMF (Amul)
Kwality Walls
Vadilal Group
Mother Dairy
Hatsun
CreamBell
Blue Bell Creameries
Dairy Farmers of America, Inc.
LOTTE Wellfood Co. Ltd. (LOTTE Group)
Nestlé S.A.
SmithFoods Inc.
Unilever PLC
Wells Enterprises
Profitability depends on several factors including market demand, production efficiency, pricing strategy, raw material cost management, and operational scale. Profit margins usually improve with capacity expansion and increased capacity utilization rates.
Cost components typically include:
Land and Infrastructure
Machinery and Equipment
Building and Civil Construction
Utilities and Installation
Working Capital
Break even in an ice cream manufacturing business typically range from 3 to 5 years, depending on plant size, raw material costs, market demand, and operational efficiency. Stable supply contracts and efficient production can help shorten this period.
Governments may offer incentives such as capital subsidies, tax exemptions, reduced utility tariffs, export benefits, or interest subsidies to promote manufacturing under various national or regional industrial policies.
Financing can be arranged through term loans, government-backed schemes, private equity, venture capital, equipment leasing, or strategic partnerships. Financial viability assessments help identify optimal funding routes.