India Ice Cream Market Projected to Expand at 13.49% CAGR Through 2030

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 2025-30. The market is fueled by factors such as rising average mean temperatures, long summers and heat waves, and western & modern lifestyles. The key reason for the expected increase in ice cream sales in the forecasting period is the heat waves that swept the country during the summer months when consumers resorted to ice cream for relief from the high temperatures. According to the Indian Meteorological Department (IMD), the average monthly temperature in March 2022 was 33.1°C, the highest in the previous 122 years.

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Strategic Takeaways from the Report:

  • Market Sizing and Forecasting
  • Regulatory and Policy Influence
  • Competitive Trends and M&A Activity
  • Innovation Drivers and Disruptive Technologies
  • Investment Hotspots and Emerging Niches
  • Geographical Dynamics and Trade Flows

India Ice Cream Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Type

  • Impulse Ice Cream- Market Size & Forecast 2020-2030, Million Liters
  • Single Portion Dairy Ice Cream- Market Size & Forecast 2020-2030, Million Liters
  • Take-Home Dairy Ice Cream- Market Size & Forecast 2020-2030, Million Liters
  • Artisanal Ice Cream- Market Size & Forecast 2020-2030, Million Liters

Amongst all, Impulse Ice Cream grabbed a considerable share of the India Ice Cream market over the historical period. The innovative broad range of impulse ice creams experienced substantial sales due to the preferences and choices of customers to purchase water-based, ready-to-consume frozen treats, such as chocolate-coated ice creams and ice cream tubes, during the summer season. India has always been known for its intensive hot climatic conditions from March to July. However, the country has observed a trend of consuming impulse ice creams throughout the year, which is expected to support impulse ice cream sales in the forecast years as well.

By Flavor

  • Chocolate- Market Size & Forecast 2020-2030, Million Liters
  • Mango- Market Size & Forecast 2020-2030, Million Liters
  • Vanilla- Market Size & Forecast 2020-2030, Million Liters
  • Strawberry- Market Size & Forecast 2020-2030, Million Liters
  • Butterscotch- Market Size & Forecast 2020-2030, Million Liters
  • Others- Market Size & Forecast 2020-2030, Million Liters

By Format

  • Cup- Market Size & Forecast 2020-2030, Million Liters
  • Stick- Market Size & Forecast 2020-2030, Million Liters
  • Cone- Market Size & Forecast 2020-2030, Million Liters
  • Brick- Market Size & Forecast 2020-2030, Million Liters
  • Others (Sandwich, Tub, etc.) - Market Size & Forecast 2020-2030, Million Liters

Of them, the Stick & Cup format of ice cream held the major market share in the past years as they are easily available even in remote places of India. This is due to the reason that their sales are being majorly done via ice carts. Additionally, stick & cup-format ice cream remains a popular choice for customers of all ages, including the under-18 generations.

In addition, several key players, including Amul, Kwality Wall's, and others, have launched new flavored ice cream products in stick & cup formats at competitive prices, acknowledging that urban consumers are seeking innovative tastes as well as convenience. Thus, growing customer preferences for hybrid flavored ice creams in stick & cone format are expected to drive the India Ice Cream market during the forecast period.

By Sales Channel

  • Grocery Retailers- Market Size & Forecast 2020-2030, Million Liters
  • Hypermarkets/Supermarkets- Market Size & Forecast 2020-2030, Million Liters
  • Brand Owned Outlets- Market Size & Forecast 2020-2030, Million Liters
  • Ice Cream Carts- Market Size & Forecast 2020-2030, Million Liters
  • Online- Market Size & Forecast 2020-2030, Million Liters
  • Convenience Stores- Market Size & Forecast 2020-2030, Million Liters
  • Others- Market Size & Forecast 2020-2030, Million Liters

Here, Ice Cream Carts dominated the India Ice Cream market during the past period, owing to the factors such as convenience & easy availability, even in the remote sectors of India. The majority of ice cream demand is impulsive, which is met by access to ice cream carts. As a result of their ability to meet the demand for impulse ice creams, ice cream carts are projected to hold a substantial market share.

 By Region

  • North
  • South
  • West
  • East
  • North-East.

In recent years, the India Ice Cream market has been evenly distributed across the country. Despite this, the western region of India has a slightly higher market share than the rest of the regions due to a favorable combination of several factors such as population, climate, per capita income, logistics, and ongoing urbanization in states such as Gujarat & Maharashtra.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Growing Developments in Quick Commerce & E-commerce to Drive the Ice Cream Market - Quick commerce and e-commerce have evolved in recent years, allowing customers to consume ice cream in the comfort of their own homes with just a few taps on their smartphones. This ease of use increased ice cream consumption at home. Furthermore, the pandemic influenced customers' consumption of comfort foods such as candy and ice cream. Due to limited mobility and the closure of out-of-home channels, the pandemic also increased ice cream sales via e-commerce. Even after the lockdown was lifted, the habit persisted due to the ease of access and the wide variety of products available online.

The growth of e-commerce is primarily driven by quick commerce, mainly due to the perishable nature of this product. There is huge potential for ice creams, as the per capita consumption of the same is low compared with other countries like the US & UK. Quick commerce opens up the opportunity to push the at-home consumption of ice cream.

Furthermore, established brands in India have partnered with quick commerce service providers such as Swiggy, Zomato, Dunzo, and Blinkit. While out-of-home consumption has seen an uptick due to the increase in mobility as restrictions ease, the improving quick commerce provides an avenue for manufacturers to also increase at-home consumption.

India Ice Cream Market Competitive Snapshot from 2025-2030

The report highlights established and emerging players in the global India Ice Cream Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

  • 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.

Their activities include partnerships, product launches, and geographic expansions.

India Ice Cream Industry Trends

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. For instance:

  • In 2021, Baskin Robbins launched their third vegan ice cream flavor, Raspberry Sorbet, after receiving a positive response for their earlier launched vegan ice cream flavors, Mississippi Mud & Alphonso Mango.

Therefore, the above reasons have led customers to shift towards the consumption of vegan ice creams instead of conventional ice creams.

Frequently Asked Questions (FAQs):

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  • How is technology reshaping operations and offerings?
  • Which competitors dominate the landscape?
  • What risks could disrupt market expansion?
  • How should businesses respond to demand fluctuations?

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