Consumer Goods and Retail Report Blog

Rising purchasing power, growing middle class household base, changing consumer taste and preferences, and growing demand for premium ice creams to drive ice cream market in India through 2023 According to TechSci Research report, “ India Ice Cream Market  By Category, By Product Type, By Distribution Channel, Competition Forecast & Opportunities, 2013-2023 ”, India ice cream market is forecast to cross $ 1.25 billion by 2023, on account of increasing number of modern ice cream retail formats and brands. Continuing changes being witnessed in the consumption pattern of ice creams, increasing demand for new ice cream flavors, growing number of cold storage facilities and increasing purchasing power are some of the major market drivers. Moreover, India is the largest producer of milk, with annual production of more than one-fifth of the global milk production. This offers huge opportunities to players operating in India ice cream market, ensuring access to ample amount of the main raw

  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

India Specialty Fats & Oils Market is projected to grow at a CGAR of over 6% during 2019-2024 owing to rapid growth of the middle-class population, growing popularity of processed dairy products, increasing demand for bakery & confectionery products and growing health awareness among consumers. Based on application, the market has been categorised into Chocolates & Confectioneries, Processed Foods, Bakery Products, Dairy Products and Others. The demand for bakery products and dairy products in India is increasing at a highest rate which propel the Specialty Fats & Oils Market. Based on Form, the market has been categorised into dry and liquid segment. The dry segment dominated the market and is expected to maintain its dominance over the next five years as well since their dry form helps them to function as a replacer for dairy and cocoa fats, moreover, the dry form is easy to transport. Moreover, increasing demand for the product that benefit to health is further prope