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

FMCG Industry Business Confidence Report H1 2018

FMCG Industry Business Confidence Report H1 2018 Summary GlobalData's "FMCG Industry Business Confidence Report H1 2018", examines executives' opinion about the business environment during H1 2018. It also highlights existing economic conditions, supplier price variations, sales performance, industry and company growth outlook, spending patterns, and key priorities. Additionally, the report provides information categorized by region. The existing economic environment is stable for the FMCG industry during H1 2018 (February 2018-July 2018). Globally, 40% of respondents indicate a stable economic state in H1 2018; while 46% highlight that the prevailing economic conditions are favorable for the FMCG industry. Increasing implementation of digitalization techniques along the procurement......
$1950

ForeSights: Self-Serve Alcoholic Beverage Dispensing Technology – Technology that turns the consumer into a bartender

ForeSights: Self-Serve Alcoholic Beverage Dispensing Technology - Technology that turns the consumer into a bartender Summary Self-service alcoholic beverage technology frees the consumer from having to wait for beverage service in a crowded bar, restaurant, or other hospitality venue. Self-serve systems typically use touchscreen and radio-frequency identity (RFID) technology to enable self-service of alcoholic beverages like beer, wine, and mixed drinks. Self-serve alcoholic beverage technology combines the traditional tap system for dispensing beer and other alcoholic beverages with computer technology that tracks and controls how much beverage is dispensed so consumers can serve themselves. Scope - Because alcoholic beverages are age-restricted in most world markets, service......
$495

Baby Nutrition Insights: Issue 34

Baby Nutrition Insights: Issue 34 Summary "Baby Nutrition Insights: Issue 34", is an analytical report by GlobalData which provides extensive and highly detailed information on the key markets in the Baby Food industry. This quarterly issue report provides a review of news and analysis for the infant nutrition industry, covering the October-December 2017 period. Market News includes: Lactalis has been hit by a salmonella outbreak at its Craon plant leading to a worldwide recall affecting 83 countries; Nestlé and Mead Johnson report growth in Mexico; in the US, Plum, Sprout and Fresh Bellies have launched innovative meals ranges; between October and December the Chinese FDA had approved 18 batches of infant formula brands, and we list them all; Danone has established a strategic reg......
$1400

Top Growth Opportunities: Wine in Singapore

Top Growth Opportunities: Wine in Singapore Summary "Top Growth Opportunities: Wine in Singapore", provides recommended actions and detailed analysis of how to target the best growth opportunities for wine producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of wine market in Singapore through GlobalData's detailed and robust data, expert insight, and case studies. GlobalData's Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for wine producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them. Singapore's economy grew by 5.2% in Q3 2017, the fas......
$2995

Top Growth Opportunities: Wine in Malaysia

Top Growth Opportunities: Wine in Malaysia Summary "Top Growth Opportunities: Wine in Malaysia", provides an overview of the wine market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for wine producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes. This provides recommen......
$2995

Top Growth Opportunities: Wine in Poland

Top Growth Opportunities: Wine in Poland Summary "Top Growth Opportunities: Wine in Poland", provides recommended actions and detailed analysis of how to target the best growth opportunities for wine producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of wine market in Poland through GlobalData's detailed and robust data, expert insight, and case studies. GlobalData's Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for wine producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them. Poland's is the sixth-largest economy in the EU and one o......
$2995

Top Growth Opportunities: Wine in South Korea

Top Growth Opportunities: Wine in South Korea Summary "Top Growth Opportunities: Wine in South Korea", provides an overview of the Wine market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Wine producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes. This report pr......
$2995

Top Growth Opportunities: Wine in the US

Top Growth Opportunities: Wine in the US Summary "Top Growth Opportunities: Wine in the US", provides an overview of the Wine market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. The report highlights top growth opportunities for Wine market in the US and outlines new product development that effectively targets the most pertinent consumer need states, and offers strategic recommendations to capitalize on evolving consumer landscapes. This report identifies the key demographic groups driving consumption, and what motivates their consumption. When combined with an in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target ......
$2995

Whiskey (Spirits) Market in the United Arab Emirates – Outlook to 2021: Market Size, Growth and Forecast Analytics

Whiskey (Spirits) Market in the United Arab Emirates - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Whiskey (Spirits) Market in the United Arab Emirates - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Whiskey market in the United Arab Emirates. Whiskey - includes all American, Canadian, Irish, Scotch and other Whisk(e)ys. This includes bourbon and rye-based whiskeys. Whiskey market in the United Arab Emirates registered a positive compound annual growth rate (CAGR) of 8.86% during the period 2011 to 2016 with a sales value of AED 21,359.47 Million in 2016, an increase of 7.84% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 2021 covering ke......
$750

UHT Soup (Soups) Market in China – Outlook to 2021: Market Size, Growth and Forecast Analytics

UHT Soup (Soups) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary UHT Soup (Soups) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of UHT Soup market in China. UHT Soup - Soup which has been heat treated via ultra-high temperature (UHT) processing to become shelf-stable over a long period of time. Soup is defined as a liquid food, often containing pieces of meat and vegetables. UHT Soup market in China registered a positive compound annual growth rate (CAGR) of 9.19% during the period 2011 to 2016 with a sales value of CNY 8.53 Million in 2016, an increase of 9.55% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast t......
$500