Food With consumers engaged with food like never before, our in-depth analysis examines the most important implications across the industry, providing market intelligence, original thinking and key insights into food.

Indian Ice Cream Expo 2014 Event Recap

10/8/2014
Janaki Padmanabhan Profile Picture
Janaki Padmanabhan Bio
Share:

Presenting Euromonitor’s latest findings on the Indian market at the 4th Indian Ice-Cream Congress & Expo 2014, organised by the Indian Ice Cream Manufacturers Association (IICMA), I was struck by the ambition of the industry to develop itself.

This was evident from the key note speech by Member of Parliament, Sri Kirit Somaiya who spoke of a vision to export Indian-made ice cream to the rest of the world in the years to come. This ambition alone embodies the optimism of the industry. While it may be a worthy aim to aspire to, in the medium-term the best opportunities lie in creating greater demand at home.

With per capita volume consumption of just 250 ml, India is firmly planted at the low end of the ice cream spectrum.  Forget trying to reach the giddy heights of say Australia or the US, both of which lead global volume consumption with over 12 litres per person. If the likes of Gujarat Co-Operative Milk Marketing Federation, Hindustan Unilever, Vadilal Industries and Mother Dairy can address issues of cold storage, rural penetration and infrastructure, even reaching the per capita levels of Brazil or China would represent ten-fold growth in consumption. Now that really is something to aspire to.

Ice Cream

View the presentation "Indian Ice Cream Industry: Overview, Outlook and Opportunities" on SlideShare

 

Interested in more insights? Subscribe to our content

Latest Insights

BHB Food - 11th edition

Euromonitor International 17 September 2021

Sustainable Eating and the Environmental Cost of Food

Maria Mascaraque 16 September 2021

#whatsnextHK Disruptor: An Interview with TiNDLE

Herbert Yum 15 September 2021

Shop Our Reports

Restaurant At-home: Innovating With the Culinary Experience

More than one year into the pandemic, we revisit the topic of increased home-cooking, restaurant avoidance and the way that home working moves the lunch…

View Report

Sustainable Eating and the Environmental Cost of Food

Environmental concerns over the future of the planet are changing the perspectives on food. An increasingly conscious consumer base wants products that are…

View Report

Plant-based Eating and Alternative Proteins

Plant-based eating and alternative proteins are on the rise. More consumers are limiting consumption of animal agriculture-derived products, and this dynamic…

View Report
Passport Our premier global market research database with detailed data and analysis on industries, companies, economies and consumers. Track existing and future opportunities to support critical decision-making across all functions within your organisation Learn More