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The ice cream market in India was valued at INR 165.2 Billion in 2021.
We expect the ice cream market in India to exhibit a CAGR of 17.69% during 2022-2027.
The changing consumer tastes and preferences, along with the introduction of preservative-free,
Genetically Modified Organism (GMO)-free, dairy-free, fat-free, and organic ice cream variants, are
currently driving the ice cream market in India.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from
conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of
Based on the type, the ice cream market in India can be segmented into impulse ice cream, take-home
ice cream, and artisanal ice cream. Currently, take home ice cream accounts for the majority of the total
Based on the flavor, the ice cream market in India has been divided into chocolate, fruit, vanilla, and
others. Among these, vanilla flavor exhibits a clear dominance in the market.
Based on the format, the ice cream market in India can be segregated into cup, stick, cone, brick, and
others. Currently, cup represents the largest market share.
Based on the end-user, the ice cream market in India has been bifurcated into retail and institutional,
where the retail sector currently holds the majority of the total market share.
Based on the distribution channel, the ice cream market in India can be categorized into general trade,
supermarkets/hypermarkets, ice cream parlors, convenience stores, online, and others. Among these,
convenience stores currently account for the largest market share.
On a regional level, the market has been classified into Maharashtra, Uttar Pradesh, Andhra Pradesh,
Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab,
Odisha, and Haryana, where Maharashtra currently dominates the ice cream market in India.
Some of the major players in the ice cream market in India include GCMMF, Kwality Walls, Vadilal,
Mother Dairy, Hatsun, and Cream Bell.
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