The ice cream industry in India generated revenue of more than USD 1.5 billion in 2016 and is projected to generate revenue of approximately USD 3.4 billion by 2021. Lately, frozen desserts which are made out of vegetable oils have been eating into the market share of ice cream. Key players offering frozen desserts in India are Kwality Walls, Vadilal, and Cream Bell.
In India the ice cream industry is mostly regional and there is a multitude of brands focusing on only one or two districts or in some case only one state. There are very few national brands and the major reason behind slow growth of the smaller players is the high perishability of ice cream products.
Why should the report be purchased?
The report ‘A Study of India's Ice Cream Market 2018’ highlights key dynamics of the global and India’s ice cream market. The growing opportunity in the sector has been investigated along with the market drivers. The initiatives and performance of key players including Amul (Gujarat Cooperative Milk Marketing Federation), Vadilal Industries Ltd, Hindustan Unilever, Mother Dairy, Nestle and General Mills along with the current market scenario has also been studied. The report contains latest industry leader’s opinion.
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