Archive · 28 Sep 2025
Ice Cream Market Anticipates Growth Post-GST Reduction
Imagine the government made ice cream cheaper by lowering the tax.
This is like a sale, and it's happening in India!
Because ice cream is now more affordable, companies expect more people to buy it.
The organized ice cream market is also expected to grow.
Big companies like Amul and Hindustan Unilever are planning to make even more ice cream and reach more stores.
They're also creating new flavors and products.
This means you might see even more types of ice cream in the future!
A 13% reduction in GST rates on ice cream (18% to 5%) has been implemented.
Industry analysts predict a 10-15% annual growth due to the tax cut.
The organized ice cream market in India is valued at Rs 15,000 crore.
Amul holds the largest market share at 35%, followed by HUL and Vadilal.
Companies are expanding capacity and distribution to meet anticipated demand.
- Who
- Ice cream companies and the Indian consumer market.
- What
- The GST rate reduction on ice cream is expected to boost the market.
- When
- In the coming years, with companies preparing for increased demand.
- Where
- India.
- Why
- The tax reduction makes ice cream cheaper, potentially increasing consumption.
Consumer Perspective
Manufacturer Perspective
Impact of GST
Consumer Perspective
Consumers will pay less for ice cream and will benefit from increased affordability.
Manufacturer Perspective
Manufacturers are planning for increased production capacity and investment in distribution.
- GST Reduction
- 18% to 5%
- Market Size
- Rs 30,000 crore (domestic)
- Organized Market Share
- 50%
- Amul's Market Share
- 35%
- HUL's (Kwality Wall's) Market Share
- 15%
- Vadilal's Market Share
- 12%
- GCMMF Investment
- Rs 10,000 crore (across dairy and food processing)