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 growing developments in quick commerce and e-commerce is expected to drive the market through 2030.

The India ice cream market reached a value of approximately USD 3.46 Billion in 2024. The market is projected to grow at a CAGR of 15.00% between 2025 and 2034, reaching a value of around USD 14.00 Billion by 2034.

India Ice Cream Market was valued at USD 4.41 Billion in 2024 and is expected to reach USD 9.48 Billion by 2030 with a CAGR of 13.60%.

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Market Size	2024: USD 4.41 Billion
Forecast Market Size	2030: USD 9.48 Billion
CAGR	2025-2030: 13.60%
Fastest Growing Segment	Online
Largest Market	North
Key Players	1. Gujarat Co-operative Milk Marketing Federation Ltd 2. Vadilal Industries Ltd 3. Mother Dairy Fruit & Vegetable Pvt Ltd 4. Hindustan Unilever Limited 5. Devyani Food Industries Ltd 6. Dinshaws Dairy Foods Pvt. Ltd 7. Havmor Ice Cream Pvt Ltd 8. Ramani Icecream Company Limited 9. Dairy Classic Ice Creams Pvt. Ltd. 10. General Mills Inc.

The India Ice Cream Market was USD 220 Billion in 2023 is anticipated to register a CAGR of around 14.5% during 2024-32, Discover key insights into the India ice cream market size, growth rate, and future trends.

The Indian ice cream market rose slightly to $770M in 2024, growing by 4.7% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2024: its value increased at an average annual rate of +6.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +34.3% against 2018 indices.

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Gourmet Ice Cream Market Size 2025-2029

The gourmet ice cream market size is forecast to increase by USD 12.36 billion, at a CAGR of 15.1% between 2024 and 2029.

The market is driven by the increasing health benefits associated with gelato, a key segment within the market. Consumers are increasingly drawn to the denser, richer texture and authentic Italian origins of gelato, which is perceived as a healthier alternative to traditional ice cream due to its lower fat content and use of natural ingredients. This trend is further fueled by the growing culture of socializing in gelaterias and ice cream parlors, where consumers can enjoy a premium experience and indulge in a wide variety of unique and artisanal flavors. However, the market also faces challenges in its distribution channels. With the increasing popularity of online sales and home delivery services, traditional brick-and-mortar stores are facing increased competition. Additionally, the perishable nature of gourmet ice cream poses logistical challenges for manufacturers and retailers, requiring careful planning and coordination to ensure timely delivery and optimal product quality. Companies seeking to capitalize on market opportunities must navigate these challenges effectively, leveraging innovative distribution strategies and supply chain management techniques to maintain a competitive edge.

What will be the Size of the Gourmet Ice Cream Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, reflecting the dynamic nature of consumer preferences and industry trends. The artisan food movement has led to a surge in small-batch production, with quality control and ethical sourcing becoming key differentiators. Plant-based and dairy-free options, including vegan ice cream, have gained popularity due to increasing demand for sustainable and ethical food choices. Food festivals and events provide a platform for brands to showcase their unique flavors and innovative recipe formulations. Premium pricing and luxury food market trends have led to the emergence of gourmet toppings and subscription services. Social media marketing and influencer collaborations have become essential strategies for brand differentiation and customer engagement. Food safety standards and sustainable practices are increasingly important, with many brands focusing on local sourcing and fair trade ingredients. The freezing process and packaging technology have also advanced, enabling online ordering and direct-to-consumer sales. Specialty ice creams, seasonal flavors, and ice cream cakes continue to capture the imagination of consumers, offering a sensory experience that goes beyond the traditional scoop. Brand loyalty is fostered through custom flavors, loyalty programs, and a focus on the customer experience. The market is a constantly unfolding landscape, with ongoing innovation in flavor development, sensory analysis, and marketing strategies. The dessert industry as a whole continues to adapt to changing consumer preferences and market dynamics, ensuring a rich and diverse range of options for consumers.

How is this Gourmet Ice Cream Industry segmented?

The gourmet ice cream industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductGelatoSorbetFrozen custardOthersDistribution ChannelOfflineOnlineProduct TypeInorganicOrganicFlavorVanillaChocolateStrawberryButter pecanOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalySpainUKAPACChinaIndiaJapanRest of World (ROW).

By Product Insights

The gelato segment is estimated to witness significant growth during the forecast period.The market encompasses various offerings, including ice cream sandwiches, artisan ice cream, plant-based ice cream, and frozen yogurt. This market is a significant segment of the dessert industry, with a strong focus on quality control, ethical sourcing, and sustainable practices. The artisan food movement has fueled innovation, leading to unique flavors, custom formulations, and small-batch production. Consumer preferences for natural ingredients, organic dairy, and dairy-free options have driven the growth of this sector. Food festivals and events serve as platforms for brand differentiation and influencer marketing. Premium pricing is common, reflecting the luxury food market status of gourmet ice cream. Food safety standards are stringently adhered to, ensuring a superior customer experience. Sensory analysis plays a crucial role in recipe formulation and flavor development. Subscription services and online ordering have streamlined distribution, while direct-to-consumer sales and wholesale distribution exp

India Vegan Ice Cream Market was valued at USD 72.03 million in 2024 and is anticipated to grow USD 120.47 million by 2030 with a CAGR of 9.01% during forecast period

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Market Size	2024: USD 72.03 Million
Forecast Market Size	2030: USD 120.47 Million
CAGR	2025-2030: 9.01%
Fastest Growing Segment	Online
Largest Market	North
Key Players	1. Super Milk Products Private Limited (Keventers) 2. Compassionate Choices Pvt. Ltd. (White Cub) 3. Graviss Foods Pvt Ltd. (Baskin Robbins) 4. Minus 30 Private Limited 5. AAAS Foods And Nature's Soul Private Limited 6. Koozies Ice Cream 7. Kavv Foods Pvt Ltd (Noto) 8. SKKY Desserts Pvt Ltd. (Go Zero) 9. Terra Verde Foods Pvt Ltd (The Brooklyn Creamery) 10. Hindustan Unilever Limited (Bem & Jerry’s)

The India Ice Cream Market is expected to grow with more than 5.50% CAGR from 2024 to 2029, handcrafted happiness, artisanal.

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Ice Cream Market Size 2025-2029

The ice cream market size is forecast to increase by USD 31.7 billion at a CAGR of 6.1% between 2024 and 2029.

The market is driven by two significant trends: the demand for extended shelf life in ice cream products and the increasing preference for vegan options among millennial consumers. The former is a response to the growing need for convenience and longer preservation periods in the fast-paced modern lifestyle. This trend is pushing manufacturers to invest in advanced technologies and packaging solutions to enhance the product's longevity without compromising taste and quality. The increasing prevalence of obesity and related diseases among consumers, particularly among the younger demographic, is fueling this trend. To cater to dietary restrictions, ice cream manufacturers offer sugar substitutes and fat replacers.
As a result, companies are responding by launching innovative vegan ice cream offerings to cater to this growing consumer base. However, creating vegan ice cream that matches the taste, texture, and mouthfeel of dairy-based ice cream remains a significant challenge. Companies must invest in research and development to create vegan ice cream that appeals to both health-conscious consumers and traditional ice cream lovers. Effective navigation of these trends and challenges will be crucial for companies seeking to capitalize on the market's growth potential and maintain a competitive edge. Coconut milk, almond milk, cashew milk, and soy milk are some of the common plant-based bases used in vegan ice cream production.

What will be the Size of the Ice Cream Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market exhibits dynamic trends with a focus on catering to various dietary preferences and health-conscious consumers. Lactose-free and plant-based options are gaining popularity among health-conscious consumers, while sugar content and calorie count remain key concerns. Frozen treats, including ice cream sandwiches, milkshakes, sundaes, and novelty items, are innovating with non-dairy alternatives and allergen-free options. Frozen yogurt and frozen desserts also contribute to this market, offering lower fat content and protein options. Ice cream carriers, such as bowls, dippers, and spoons, are designed to enhance the consumer experience.

Competitions and festivals showcase the creativity of ice cream makers, featuring unique flavors and presentations, from ice cream cakes and pies to floats and bars. Dairy ingredients remain essential, but the market is expanding to include a diverse range of frozen desserts. Meanwhile, the rising popularity of vegan ice cream is posing a challenge to traditional dairy-based ice cream brands.

How is this Ice Cream Industry segmented?

The ice cream industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Impulse
  Take home
  Artisanal


Type

  Dairy
  Non-Dairy


Flavor

  Chocolate
  Vanilla
  Fruit
  Strawberry
  Others


Distribution Channel

  Supermarkets and hypermarkets
  Convenience stores
  Ice cream parlors
  Online retail
  Foodservice


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    UK


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The Impulse segment is estimated to witness significant growth during the forecast period. In the dynamic the market, companies cater to consumers' evolving preferences through product innovation and diverse offerings. Ice cream mixes and gelato mixes, available in bulk packaging, are popular choices for ice cream parlors and foodservice operators. Online retailers have emerged as significant distribution channels, enabling consumers to explore a wide range of new flavors, including salted caramel, peanut butter, and fruit purees. Consumer preferences lean towards local sourcing, fair trade ingredients, and novel textures, driving the demand for artisan ice cream and gourmet ice cream.

Continuous freezers and frozen dessert machines facilitate efficient production and distribution. Premium ice cream brands highlight unique ingredients, such as cookie dough and chocolate coatings, to cater to health consciousness and indulgence. Soft serve machines and batch freezers cater to the convenience stores and foodservice sectors, while retail packaging and foodservice packaging ensure product freshness. Sorbet mixes and whipped cream are popular add-ons, while flavor trends shift towards healthier options, such as plant-based and low-

Ice cream is a dairy or non-dairy based frozen dessert that is flavored with a sweetener, which generally consists of sugar or an alternative flavoring ingredient such as citrus, berries.

This statistic shows the share of ice cream in the dairy market in 2016, distributed by regions across India. The southern region of the country accounted for a share of about **** percent of ice cream in the dairy market during the measured time period.

This statistic depicts the value of frozen dessert and ice cream (FD/IC) franchises as part of the organized food service industry across India from 2014 to 2020. In 2014, the market value of franchise frozen dessert and ice cream amounted to about ************ Indian rupees. The market value is estimated to gradually increase through the years, reaching about ********** Indian rupees in 2020.

The Ice Cream Market size was valued at USD 81.8 billion in 2023 and is projected to reach USD 109.10 billion by 2032, exhibiting a CAGR of 4.2 % during the forecasts period. Ice cream is a frozen treat made from milk, cream, sugar and sometimes other ingredients. In addition to milk or cream, ice cream often contains stabilizers, such as gluten, which help keep the composition of the mixture consistent. As refrigeration equipment has become more common, this treat has only recently become more widely available. In recent years, frozen custard, frozen yogurt, and even dairy-free versions of ice cream have gained popularity due to the rise in popularity of ice cream. Moreover, the Indian ice cream market is expected to grow rapidly in popularity in the coming years. Rising disposable incomes and changing lifestyles have led to significant high-priced ice cream sales, and this is expected to continue in the coming years. Consistent efforts by ice cream manufacturers to introduce different flavors of ice cream, diversification of Indian q-trade and growth in the unorganized sector are expected to boost the growth of the Indian ice cream market. during the forecast period.

The Indian ice cream sector is led by 'take-home and bulk ice cream' category in value terms, while 'impulse ice cream – single serve' category is forecast to register the fastest value growth during 2018-2023. Convenience stores accounted for the leading share in the distribution of ice cream while flexible packaging is the most commonly used pack material in India. Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Unilever and Wells Enterprises, Inc. are the top three companies in the Indian ice cream sector. Consumption of ice cream is higher among males than females in the country. Read More

Access Market Research Intellect's Ice Cream Market Report for insights on a market worth USD 95.43 billion in 2024, expanding to USD 135.25 billion by 2033, driven by a CAGR of 4.5%.Learn about growth opportunities, disruptive technologies, and leading market participants.

India produced more than *** million liters of ice cream in the financial year 2020. This was a significant increase since 2015. Sweet refreshment Ice cream is a popular refreshment for Indians during the country’s hot summer months. Western parts of the country in particular, accounted for a high share of ice cream consumption within the dairy market. With a wide price range of ice cream retail products, starting from just a few rupees, allows for consumption across socio-economic groups. While retail was fragmented by unorganized players, Baskin Robbins outnumbered other branded outlets. Dairy products in the Indian FMCG market The FMCG market has seen a massive increase in revenue, underlining its importance for the Indian economy. Food, including dairy products constitute the second largest category in the FMCG sector. Unprocessed milk is the most consumed dairy product in India. Ice cream lagged far behind in monthly per capita consumption, but the overall processed food spending is on a rise. Moreover, the expansion of refrigerated transportation and rising incomes in the rural areas, underline the market potential yet to be filled.

The Asia-Pacific Ice Cream Market Report is Segmented by Product Type (Artisanal Ice Cream, Impulse Ice Cream, Take-Home Ice Cream), Category (Dairy, Non-Dairy), Distribution Channel (On-Trade, Off-Trade), and Geography (China, India, Japan, South Korea, Australia, New Zealand, Indonesia, Thailand, Vietnam, Malaysia, Philippines, Rest of Asia-Pacific). The Market Forecasts are Provided in Terms of Value (USD).

India Impulse Ice Cream – Single Serve (Ice Cream) Market Size, Growth and Forecast Analytics, 2021-2025 is a broad level market review of Impulse Ice Cream – Single Serve market in India. Read More

Indian consumers prioritize the fun that ice cream products can offer above all else India experiences an above average need for ethical Ice Cream due to its large vegetarian and Hindu populations Manufacturers should target India’s booming young population, as well as overstretched inhabitants of urban cities India’s hot climate and unreliable electrical infrastructure will boost demand for slow-melting ice cream Indian consumers are becoming increasingly active internet users, creating opportunities for brands Read More

The global plant-based ice creams market is set to witness USD 2.6 billion in 2025. The industry is poised to depict 9.8% CAGR from 2025 to 2035, reaching USD 5.3 billion by 2035.

Metrics	Values
Industry Size (2025E)	USD 2.6 billion
Industry Value (2035F)	USD 5.3 billion
CAGR (2025 to 2035)	9.8%

Semi-Annual Industry Update

Particular	H1
Year	2024 to 2034
Value CAGR	9.5%

Particular	H2
Year	2024 to 2034
Value CAGR	10.1%

Particular	H1
Year	2025 to 2035
Value CAGR	9.9%

Particular	H2
Year	2025 to 2035
Value CAGR	10.5%

Country-wise Analysis

Countries	CAGR (2025 to 2035)
USA	5.3%
India	8.5%
UK	5.5%
Germany	5.0%
China	7.8%

Competitive Outlook

Company Name	Estimated Industry Share (%)
Unilever	25-30%
Nestlé	20-25%
Danone	12-18%
General Mills	10-15%
Oatly	8-12%
Other Players	20-30%