India Ice Cream Market Analysis (2013 - 2023)

This data guide on Ice Cream provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Ice Cream, such as Frozen Yogurt, Take-Home Ice Cream, and Artisanal Ice Cream (Retail), along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Ice Cream market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

In 2018, the India Ice Cream market was valued at 131278 INR Mn, registering a CAGR of 13.82%. The Take-Home Ice Cream category accounted for the largest market share, while registering an average CAGR of 13.8% since 2010. Water Based-Single Serve is the most preferred segment in the Impulse Ice Cream category, followed by the Dairy Based-Single Serve segment. The Take-Home Ice Cream category has been registering a steady growth of 13.8% in CAGR since 2010, which is expected to continue over the forecast period. Among the distribution channels, the Convenience Stores channel is preferred the most by majority of the people in India.

Some of the Key Takeaways

Water Based-Single Serve was the fastest growing segment in the last five years, with a CAGR of 14.24%.
India Ice Cream sales through On-line Retail channel recorded an impressive CAGR of 15.4% during 2010-2018.
The Water Based-Single Serve segment is expected to witness a healthy value CAGR of 17.4% during the forecast period.