Ice cream today represents one of the fastest growing food segments in India. India, the largest producer of milk, accounts for over 1/5th of the global milk production, thereby offering large volume of raw material for domestic manufacturing of ice creams.
India ice cream market has some major players, such as – Gujarat Cooperative Milk Marketing Federation Ltd., Mother Dairy Fruit & Vegetable Pvt. Ltd., Havmor Ice Cream India Ltd., Vadilal Industries Ltd., RJ Corp., Hatsun Agro Products Ltd., Baskin Robbins, Lazza Ice Creams, Prestige Ice Creams Pvt. Ltd., Keventer Group, etc.
Dairy products (milk, cream, butterfat), sugar, flavorings, approved additives which improves ice creams ability to absorb flavoring
The global ice cream market is forecasted to record a CAGR of 4.7% and reach US $ 185 billion by 2025. India currently imports 1400 MT of ice cream valued at Rs. 30 crores while a similar quantity and amount is exported from India. The Indian market stands at about Rs. 10,000 crores growing at a CAGR of 12.5%
IT SHOULD BE NOTED THAT THE ABOVE MENTIONED FIGURES AND INFORMATION IS TENTATIVE. AS ICE CREAM CONSULTANTS, WE RECOMMEND TECHNO- ECONOMIC FEASIBILITY REPORT TO UNDERSTAND EXACT DETAILS TO THE ABOVE MENTIONED INFORMATION