India Frozen Dessert Market to Grow with a CAGR of 10.5% through 2029
India's frozen
dessert market is thriving, due to the convergence of evolving consumer
preferences, urbanization, modern retail infrastructure, and relentless
innovation.
According to
TechSci Research report, “India Frozen Dessert Market - Industry Size,
Share, Trends, Competition Forecast & Opportunities, 2029”, the
India Frozen Dessert Market stood at USD3.20 billion in 2023 and is anticipated
to grow with a CAGR of 10.5% in the forecast period, 2025-2029. The frozen
dessert market in India has undergone a remarkable transformation in recent
years, evolving from traditional ice creams to a diverse array of frozen treats
that cater to the ever-evolving tastes and preferences of consumers.
The concept of
frozen desserts in India can be traced back to the introduction of traditional
ice creams, often sold by local vendors in basic flavors like vanilla,
chocolate, and mango. These ice creams were a seasonal treat, primarily enjoyed
during the scorching summer months. However, the market began to evolve with
the entry of multinational brands like Kwality Walls and Amul, which brought a
wider range of flavors and innovations to the Indian consumer.
The shift from
traditional to modern frozen desserts gained momentum in the late 20th century.
Consumers' exposure to international cuisines and flavors, coupled with
increased disposable incomes, led to a growing appetite for premium and exotic
frozen treats. As a result, the market saw the emergence of gelato shops,
frozen yogurt outlets, and specialty dessert parlors, offering a diverse menu
of indulgent options.
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data Figures spread through 83 Pages and an in-depth TOC on "India
Frozen Dessert Market”
A significant
driver of market growth has been the shift in consumer preferences towards
innovative and exotic frozen treats. Consumers, especially the younger
generation, seek variety, novelty, and unique flavor experiences in their
desserts.
Urbanization and
Lifestyle Changes: The rapid urbanization of India has led to busier
lifestyles, with consumers looking for convenient and on-the-go dessert
options. Frozen desserts, such as ice cream cones and cups, gelato sticks, and
frozen yogurt cups, fit well into this lifestyle.
Retail
Revolution: The expansion of modern retail outlets, including supermarkets,
hypermarkets, and convenience stores, has played a pivotal role in increasing
the accessibility of frozen desserts. These outlets offer a wide selection of
frozen treats, both from domestic and international brands.
Seasonal Demand:
India's climatic diversity contributes to seasonal demand for frozen desserts.
While ice creams are popular throughout the year, other products like gelatos,
sorbets, and frozen yogurt experience heightened demand during the scorching
summer months.
Rising
Disposable Income: The growing middle-class population in India, accompanied by
increasing disposable incomes, has led to higher spending on indulgent food
items, including frozen desserts. Consumers are more willing to explore premium
and gourmet offerings.
Health and
Wellness Trends: Health-conscious consumers are seeking frozen dessert options
that align with their dietary preferences. This has led to the introduction of
low-fat, low-sugar, and even dairy-free frozen dessert alternatives to cater to
a health-conscious audience.
Innovative
Flavors and Ingredients: Frozen dessert brands have embraced innovation by
introducing unique and locally inspired flavors and ingredients. This includes
using Indian spices, fruits, and regional delicacies to create distinctive
frozen treats.
Dessert Cafes
and Specialty Outlets: The rise of dessert cafes, specialty gelaterias, and frozen
yogurt parlors has transformed the dessert-eating experience. These
establishments offer a range of toppings, mix-ins, and customization options,
making the consumption of frozen desserts an interactive and personalized
affair.
Seasonal
fluctuations in demand can be a challenge for manufacturers. Balancing
production and distribution during peak and off-peak seasons requires careful
planning. The rising awareness of health concerns related to excessive sugar
and calorie intake has led some consumers to reduce their consumption of frozen
desserts.The market is highly competitive, with numerous brands vying for
consumer attention. This competition necessitates continuous innovation,
marketing efforts, and quality control. Maintaining the quality and consistency
of frozen desserts throughout the supply chain, from production to retail, is
crucial. Proper storage and distribution are vital to prevent quality
degradation.
India frozen
dessert market is segmented into product type, category, sales channel, and
region.
Based on its
product type, the market is segmented into frozen ice cream, frozen yogurt, and
others. Among these, frozen ice cream has a significant share in the India frozen
dessert market. Ice cream enjoys universal appeal, transcending age, gender,
and cultural barriers. It is a dessert that appeals to a broad spectrum of
consumers, from children to the elderly, making it a staple in households and
dessert menus across the country.
Based on region,
the market is segmented into East, West, North, and South. Among these,
the North region has a significant share of the India frozen dessert market. North
India boasts a rich culinary heritage, with diverse culinary traditions and a
penchant for sweets and desserts. This diversity includes regional specialties
like kulfi, rabri, falooda, and various indigenous frozen desserts. The
presence of these distinct frozen desserts contributes to the overall vibrancy
of the North's dessert landscape.
Major companies
operating in India frozen dessert market are:
- Creambell (RJ Corp.)
- Gelato Vinto
- Hindustan Unilever Limited
- Keventer Group
- Lazza Ice Cream
- Menchie’s India
- Vadilal Industries Limited
- Cocoberry Restaurants and Distributors Private Limited
- Prestige Ice Creams Pvt. Ltd.
- Team24 Marketing India Pvt. Ltd.
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“The India
frozen dessert market has evolved from its humble beginnings to become a
dynamic and exciting industry that caters to the diverse tastes and preferences
of consumers. As the market continues to grow and innovate, it will offer
consumers an ever-expanding array of frozen delights, making the experience of
indulging in frozen desserts an integral part of India's culinary landscape.”
said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based management consulting firm.
“India Frozen Dessert
Market By Product Type (Frozen Ice Cream, Frozen Yogurt, and Others), By
Category (Conventional, Sugar-free), By Sales Channel
(Supermarkets/Hypermarkets, Convenience Stores, Online, and Others), By Region,
By Competition Forecast & Opportunities, 2019-2029F”, has evaluated
the future growth potential of India frozen dessert market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision-makers make sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in India frozen dessert market.
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