Press Release

Frozen Dessert Ice Cream to Lead India Frozen Dessert Market through 2023

Increasing disposable income, fast changing lifestyles along with rising health concerns to drive frozen dessert market in India through 2023

According to TechSci Research report, “India Frozen Dessert Market By Product Type, By Distribution Channel, Competition Forecast and Opportunities, 2013-2023”, India frozen dessert market is anticipated to register robust double-digit growth at a CAGR of over 19% during 2018-2023. Various factors such as entry of foreign players, attractive packaging along with innovative product offerings is aiding in creating a significant demand for frozen dessert across the country. Moreover, rapid development of fast food chains, aggressive marketing strategies by major frozen dessert manufacturers, booming organized retail channel along with innovations in taste and flavors of products offered by the manufacturers are some other key factors propelling demand for frozen dessert across India.

Browse 8 market data Tables and 20 Figures spread through 68 Pages and an in-depth TOC on "India Frozen Dessert Market"

In 2017, frozen dessert ice cream product type dominated India frozen dessert market, owing to high preference of consumer towards frozen dessert ice creams, brand endorsement activities in this segment, and availability of innovative product options and flavors. However, frozen yogurt is likely to grow at a fast pace during the forecast period on the back of rising awareness about the health benefits of consuming yogurt, longer shelf life, growing demand from health-conscious middle-class segment, and increasingly affordable product prices. Among distribution channels, majority of frozen dessert sale takes place through retail channels.  Hindustan Unilever Limited (HUL) is the market leader in India frozen dessert market, followed by Vadilal Industries Ltd., RJ Corp. (Creambell), and Cocoberry Restaurants and Distributors Private Limited, among others.

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“Demand for frozen dessert is witnessing an upsurge across the globe, owing to increasing health consciousness among masses and growing demand for innovative packaged frozen foods. Moreover, top companies operating in India frozen dessert industry are emphasizing on providing low sugar content and increasing their focus towards production of innovative, natural & healthy products to cater to the health-conscious consumers. Further, improvisation in the packaging, pricing strategy, focus of manufacturers on maintaining the transparency of labeling along with growth of independent small grocers has led to increased visibility of frozen dessert in the country over the last few years, thereby positively influencing India frozen dessert market.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Frozen Dessert Market By Product Type, By Distribution Channel, Competition Forecast and Opportunities, 2013-2023 has evaluated the future growth potential of frozen dessert and provides statistics and information on market structure, size, share and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India frozen dessert market.

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