| Product Code: ETC7551121 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s plant-based ice-cream import market continued to see significant growth in 2024, with top exporting countries including Thailand, UAE, Metropolitan France, Singapore, and Australia. The Herfindahl-Hirschman Index (HHI) indicated a high level of market concentration, underscoring the dominance of these key players. The industry exhibited a strong CAGR of 29.69% from 2020 to 2024, with a notable growth rate of 11.47% in 2024 alone. This data suggests a thriving demand for plant-based ice-cream in India, with opportunities for further expansion and competition in the market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Plant-based Ice-Cream Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plant-based Ice-Cream Market Revenues & Volume, 2021 & 2031F |
3.3 India Plant-based Ice-Cream Market - Industry Life Cycle |
3.4 India Plant-based Ice-Cream Market - Porter's Five Forces |
3.5 India Plant-based Ice-Cream Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Plant-based Ice-Cream Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 India Plant-based Ice-Cream Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 India Plant-based Ice-Cream Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing vegan population in India |
4.2.3 Rising demand for dairy alternatives |
4.3 Market Restraints |
4.3.1 Higher prices of plant-based ice-cream compared to traditional ice-cream |
4.3.2 Limited availability of plant-based ice-cream flavors in the market |
4.3.3 Lack of awareness about plant-based ice-cream among consumers |
5 India Plant-based Ice-Cream Market Trends |
6 India Plant-based Ice-Cream Market, By Types |
6.1 India Plant-based Ice-Cream Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Plant-based Ice-Cream Market Revenues & Volume, By Source, 2021- 2031F |
6.1.3 India Plant-based Ice-Cream Market Revenues & Volume, By Soy Milk, 2021- 2031F |
6.1.4 India Plant-based Ice-Cream Market Revenues & Volume, By Almond Milk, 2021- 2031F |
6.1.5 India Plant-based Ice-Cream Market Revenues & Volume, By Coconut Milk, 2021- 2031F |
6.1.6 India Plant-based Ice-Cream Market Revenues & Volume, By Cashew Milk, 2021- 2031F |
6.1.7 India Plant-based Ice-Cream Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Plant-based Ice-Cream Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Plant-based Ice-Cream Market Revenues & Volume, By Cones, 2021- 2031F |
6.2.3 India Plant-based Ice-Cream Market Revenues & Volume, By Bars, 2021- 2031F |
6.2.4 India Plant-based Ice-Cream Market Revenues & Volume, By Cups/Tubs, 2021- 2031F |
6.2.5 India Plant-based Ice-Cream Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Plant-based Ice-Cream Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Plant-based Ice-Cream Market Revenues & Volume, By Regular/Plain, 2021- 2031F |
6.3.3 India Plant-based Ice-Cream Market Revenues & Volume, By Blend, 2021- 2031F |
6.3.4 India Plant-based Ice-Cream Market Revenues & Volume, By Flavour, 2021- 2031F |
6.3.5 India Plant-based Ice-Cream Market Revenues & Volume, By Nuts, 2021- 2031F |
6.3.6 India Plant-based Ice-Cream Market Revenues & Volume, By Beans, 2021- 2031F |
6.3.7 India Plant-based Ice-Cream Market Revenues & Volume, By Others, 2021- 2031F |
7 India Plant-based Ice-Cream Market Import-Export Trade Statistics |
7.1 India Plant-based Ice-Cream Market Export to Major Countries |
7.2 India Plant-based Ice-Cream Market Imports from Major Countries |
8 India Plant-based Ice-Cream Market Key Performance Indicators |
8.1 Percentage increase in the number of vegan restaurants offering plant-based ice-cream |
8.2 Growth in the number of plant-based ice-cream brands entering the Indian market |
8.3 Increase in online searches for plant-based ice-cream recipes |
8.4 Percentage of consumers willing to pay a premium for plant-based ice-cream |
8.5 Number of collaborations between plant-based ice-cream brands and mainstream retailers |
9 India Plant-based Ice-Cream Market - Opportunity Assessment |
9.1 India Plant-based Ice-Cream Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Plant-based Ice-Cream Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 India Plant-based Ice-Cream Market Opportunity Assessment, By Form, 2021 & 2031F |
10 India Plant-based Ice-Cream Market - Competitive Landscape |
10.1 India Plant-based Ice-Cream Market Revenue Share, By Companies, 2024 |
10.2 India Plant-based Ice-Cream Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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