India Ice Cream Market Report and Forecast 2032

Lily Desouza15 Jun, 2025Business

The India Ice Cream Market was USD 220 Billion in 2023 and is anticipated to register a CAGR of around 14.5% during the forecast period, i.e., 2024-32. The rising middle-class population, increased disposable income, shifting consumer preferences, and growing urbanization all contributed to the rising market demand. The industry is flexible, with steady needs throughout the year and a noticeable uptick in the sweltering summer months. As per the projections, the market would likely continue to expand rapidly in the coming years due to customers’ heightened indulgence in frozen desserts.