Country Profile: Ice Cream Sector in India

2017-07-27
Price :
Published : Jul-2017
No. of Pages : 94

Country Profile: Ice Cream Sector in India

Summary

Indian Ice Cream sector accounted for a volume share of 1.6% of the global market and 5.9% of the regional (Asia-Pacific) market in 2016. The sector was valued at INR67,144.0 Million (US$999.1 Million) in 2016 and is forecast to grow at a CAGR of 11% during 2016-2021. Increasing disposable income supported by growing economy of the country is leading to rise in demand for high quality products in the Indian Ice Cream sector. Moreover, rising temperature during summer and expansion of manufacturing capacity in order to meet increased demand along with new product launches are also fuelling growth of the sector. Per capita consumption of Ice Cream products stood at 0.26kg, which is lower when compared to the global and Asia-Pacific levels of 3.96kg and 1.66kg, respectively, in 2016.

Take-Home and Bulk Ice Cream was the largest with value sales of INR29,557.4 Million (US$439.8 Million) in 2016. The market is expected to grow at a CAGR of 10.9% during the forecast period (2016-2021), while the Impulse Ice Cream – Single Serve market is expected to record the fastest CAGR of 11.2%.

Convenience Stores accounted for a leading share in the distribution of Ice Cream products in India. In 2016, Convenience Stores held a 41% value share, followed by Food & Drinks Specialists with a 30.1% share. On-trade transactions and Hypermarkets & Supermarkets accounted for shares of 21.9% and 6%, respectively, in the same year. Flexible Packaging is the most commonly used packaging material in the Indian Ice Cream sector. In 2016, it accounted for a volume share of 57.7%, followed by Rigid Plastics and Paper & Board with volume shares of 32.2% and 10.1%, respectively.

Amul is the leading brand in the Indian Ice Cream sector. The top five brands in the sector accounted for a 56.4% value share, while private labels and artisanal producers held 4.4% and 5.1% value shares, respectively, in 2016. ‘Free From’ is an important Health & Wellness product attribute, while ‘Health Management’ is the most sought after consumer benefit in the Indian Ice Cream sector.

The report “Country Profile: Ice Cream Sector in India” provides insights on high growth markets to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

In particular, this report provides the following analysis –
– Market data: Overall market value and volume data with growth analysis for 2011-2021. The overall market value and volume included in the report is split on the basis of On-trade and Off-trade.
– Category coverage: Value and growth analysis for Artisanal Ice Cream, Impulse Ice Cream – Single Serve, and Take-Home and Bulk Ice Cream with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
– Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
– Distribution data: Percentage of sales within each market through distribution channels such as On-trade, Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others.
– Packaging data: consumption breakdown for package materials and pack types in each market, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.

Companies mentioned in this report: Devyani Foods Industries Pvt. Ltd., General Mills, Inc., Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Hatsun Agro Products Ltd., Havmor Ice Cream Limited, IFFCO, Milkfed Verka, Mother Dairy Fruit & Vegetable Pvt. Ltd., PRESTIGE ICE CREAMS PVT. LTD., Unilever, Wells Enterprises, Inc., Drums Food International Pvt Ltd, Dunkin` Donuts.

Scope

– The Ice Cream sector in India is forecast to grow at 11% CAGR in value terms during 2016-2021.
– Per capita consumption in the Take-Home and Bulk Ice Cream market is noticeably higher compared to other markets in India.
– Convenience Stores accounted for the leading share in the distribution of Ice Cream products in India, in 2016.
– Amul is the leading brand in value terms in the Indian Ice Cream sector.
– Flexible Packaging is the most commonly used package material in the Indian Ice Cream sector.

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Manufacturers can identify the opportunities to position products with H&W attributes/benefits
– Access the key and most influential consumer trends driving Ice Cream products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
– Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
– The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
– Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Hot Tea (Hot Drinks) Market in Canada – Outlook to 2021: Market Size, Growth and Forecast Analytics

Hot Tea (Hot Drinks) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Hot Tea (Hot Drinks) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Hot Tea market in Canada. Tea is an aromatic beverage commonly prepared by pouring hot or boiling water over cured leaves of the tea plant, Camellia sinensis. Tea - covers "true" teas (i.e. those based on the leaves of the Camellia sinensis plant). In practice this means Black Teas, Green Teas, and Flavored and Scented teas (such as jasmine tea, earl grey tea or teas flavoured with blends of fruit, spices or herbs). Also includes infusions based on fruits, flowers and herbs and blends of real tea with fruits, herbs and also other tea variants ......
$500

Nectars (Soft drinks) Market in Argentina – Outlook to 2021: Market Size, Growth and Forecast Analytics

Nectars (Soft drinks) Market in Argentina - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Nectars (Soft drinks) Market in Argentina - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Nectars market in Argentina. Diluted fruit/vegetable juice and pulp, to which sweetening agents (eg sugar, honey, syrups and/or sweeteners) need to be added for the purposes of production, permitted minerals and vitamins for the purpose of fortification and permitted additives may be added. As part of the EU's new directive in April 2012 banning the addition of sugar to fruit juice, the legislation states that nectars containing sugar or sweeteners can no longer carry the nutritional claim on the labeling ‘with no added sugar'. A tran......
$500

Juice (Soft drinks) Market in Brazil – Outlook to 2021: Market Size, Growth and Forecast Analytics

Juice (Soft drinks) Market in Brazil - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Juice (Soft drinks) Market in Brazil - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Juice market in Brazil. 100% pure fruit juice or vegetable juice with no added ingredients, except permitted minerals and vitamins for the purpose of fortification and permitted additives. In April 2012 the EU approved new legislation banning the addition of sugar to fruit juice. A transitional period was applied; by the end of October 2013 all juices marketed in the EU, irrespective of origin, could not contain sugar. Products placed on the market or labeled before the end of October 2013 were permitted to be marketed until 28 April 2015. ......
$500

Still Drinks (Soft drinks) Market in Chile – Outlook to 2021: Market Size, Growth and Forecast Analytics

Still Drinks (Soft drinks) Market in Chile - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Still Drinks (Soft drinks) Market in Chile - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Still Drinks market in Chile. Flavored ready to drink, non-carbonated products, which may be fruit or non-fruit flavored and have a juice content of 0-24.9%. Sugar, artificial flavoring and coloring may be added. Excludes non-carbonated tea-based and coffee-based products (included in iced/rtd tea drinks and iced/rtd coffee drinks respectively) and non-carbonated sports drinks and energy drinks. Excludes sweetened non-carbonated water-based flavored beverages (eg Coca-Cola's Glaceau Vitaminwater). These products are included un......
$500

Iced/RTD Tea Drinks (Soft drinks) Market in Egypt – Outlook to 2021: Market Size, Growth and Forecast Analytics

Iced/RTD Tea Drinks (Soft drinks) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Iced/RTD Tea Drinks (Soft drinks) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Iced/RTD Tea Drinks market in Egypt. Carbonated and non-carbonated ready to drink (rtd) packaged tea-based drinks and non-ready to drink (non-rtd) powders and liquid concentrates which dilute with water to make a product similar/identical to the ready to drink product. Includes products based on black, green, oolong, barley, rooibos, white and mate tea, as well as fruit, flower and herbal teas. Products can be cold or hot-filled and based on brewed tea or tea extract. They may contain additional flavorings, typically fr......
$500

Squash/Syrups (Soft drinks) Market in Germany – Outlook to 2021: Market Size, Growth and Forecast Analytics

Squash/Syrups (Soft drinks) Market in Germany - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Squash/Syrups (Soft drinks) Market in Germany - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Squash/Syrups market in Germany. Non-ready-to-drink (non-rtd) products, marketed as concentrates for home consumption. The category includes fruit and non-fruit based products and flavors. All market figures shown in our database and reports are expressed in ready to drink (rtd) volumes. Dilution ratio varies from country to country. Double concentrate squashes are available in countries such as the UK. These are typically diluted at approximately half the rate of a single concentrate (see Dilution Ratios). Excludes syrups f......
$500

Flavored Water (Soft drinks) Market in Japan – Outlook to 2021: Market Size, Growth and Forecast Analytics

Flavored Water (Soft drinks) Market in Japan - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Flavored Water (Soft drinks) Market in Japan - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Flavored Water market in Japan. Packaged water which has been flavored by the addition of essences and/or aromatic substances but which does not contain sweetening agents (flavored sweetened waters are included in carbonates if carbonated and in still drinks if non-carbonated). Flavored Water market in Japan registered a positive compound annual growth rate (CAGR) of 33.69% during the period 2011 to 2016 with a sales value of JPY 103,433.61 Million in 2016, an increase of 10.70% over 2015. The research handbook provides up-t......
$500

Flavored Water (Soft drinks) Market in Peru – Outlook to 2021: Market Size, Growth and Forecast Analytics

Flavored Water (Soft drinks) Market in Peru - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Flavored Water (Soft drinks) Market in Peru - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Flavored Water market in Peru. Packaged water which has been flavored by the addition of essences and/or aromatic substances but which does not contain sweetening agents (flavored sweetened waters are included in carbonates if carbonated and in still drinks if non-carbonated). Flavored Water market in Peru registered a negative compound annual growth rate (CAGR) of -0.32% during the period 2011 to 2016 with a sales value of PEN 104.97 Million in 2016, an increase of 14.34% over 2015. The research handbook provides up-to-date m......
$500

Energy Drinks (Soft drinks) Market in South Korea – Outlook to 2021: Market Size, Growth and Forecast Analytics

Energy Drinks (Soft drinks) Market in South Korea - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Energy Drinks (Soft drinks) Market in South Korea - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Energy Drinks market in South Korea. Energy-enhancing products, mainly carbonated and containing stimulants such as caffeine, taurine, guarana (the guarana seed has a higher caffeine content than coffee), glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. May contain B complex group vitamin combinations. As well as vitamins A and E (ie antioxidants); vitamin C (ascorbic acid); L-carnitine; exotic herbs and substances, such as gingko biloba, ginseng, milk thistle; acidity regulators.......
$500

Fruit Powders (Soft drinks) Market in the United Arab Emirates – Outlook to 2021: Market Size, Growth and Forecast Analytics

Fruit Powders (Soft drinks) Market in the United Arab Emirates - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Fruit Powders (Soft drinks) Market in the United Arab Emirates - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Fruit Powders market in the United Arab Emirates. Non-ready-to-drink (non-rtd) products in powder form. All market figures shown in our report are expressed in ready to drink (rtd) volumes. Powdered drinks dilution ratio varies from brand to brand. Excludes powdered tea and coffee-based drinks (included in iced/rtd tea drinks and iced/rtd coffee drinks respectively) and powdered sports drinks and energy drinks (included in sports drinks and energy drinks respectively). Includes ‘almost rtd ......
$500