Ice Cream | This summer, ice cream cos to scoop out 30% more sales

Sizzling temperatures across the country have caused the demand for ice-creams to skyrocket, with the manufacturers and associations predicting a 30 percent growth in sales this financial year.

Sizzling temperatures across the country have caused the demand for ice-creams to skyrocket, with the manufacturers and associations predicting a 30 percent growth in sales this financial year. “Usually the ice cream market in India grows at 12-15 percent every year. This year has started with a bang. With the summer temperatures peaking at many places, the sale of ice creams of most of the brands are expected to see a growth of 20-30 percent,” said RS Sodhi, President of Indian Dairy Association (IDA), the apex body of the dairy industry in India.

Mirá también:

New milk shake? Amul now eyes MP brand

The summer months between April and June contribute to 50 percent of the annual sales for most ice cream manufacturers in India. Unseasonal rains during the summer months last year adversely impacted the sales. This year the scales have tilted in the favour of the ice cream manufacturers.

Hocco ice-creams, the newest ice-cream brand from Gujarat is operating its ice cream unit at 120 percent of its capacity to meet the summer rush. “We are a new company. We started in October 2023. We are currently selling over 50,000 litres of ice-cream every day. About 98 percent of this is being sold in Gujarat, while some in Mumbai and Delhi. We are now starting in Bengaluru and Hyderabad,” said Ankit Chona, managing director of the company which floated the Hocco brand after it sold the “Havmor” brand of ice creams to a South-Korean Lotte Confectionery in 2017.

Hocco operates an ice-cream unit at Bavla near Ahmedabad. “By next year, we will be quadrupling our capacity from the current 40,000 litres,” Chona said, adding that the company has been registering a 50 percent monthly growth in sales.

Delhi High Court Laments Govt's Apathy Towards Dairies Near Landfills, Asks How Food Cycle And Citizens' Health Will Be Protected

Mirá también:

Delhi HC asks chief secretary to state road map for cattle dairies

Low input costs

Experts also point out that the ice cream brands have not increased the prices this year. “This year the prices of milk solids including SMP, white butter and packaging costs have decreased by 20 percent compared to last year. So this year, no brand has increased the cost of ice creams. Generally, they increase their prices between January and March,” Sodhi said, adding that the decreased costs of inputs have given the ice cream brands a lot of elbow room to increase their advertising spends.

Chona from Hocco ice-creams pointed out that apart from cocoa, the prices of all the inputs for the ice cream industry have remained “stable”. Eyeing more than 30 percent growth in the ice-cream business this year, Amul has also commissioned about six new ice cream plants, taking the total number of ice cream manufacturing units to 25.

Another popular ice cream brand, Vadilal Enterprises, has been operating its ice cream plants at Gandhinagar and Uttar Pradesh at more than 100 percent capacity this summer. “The ice cream sales have been good this summer. We are already seeing a 15 percent growth,” said Devanshu Gandhi, promoter of Vadilal Industries.

While ice-creams are popular across the country, States in the West, North and South contribute the maximum to sales in the country. “Among the ice creams, kulfis are seeing tremendous acceptance in the Indian market. There are brands which are making record sales in kulfis,” Sodhi from IDA added.

You can now read the most important #news on #eDairyNews #Whatsapp channels!!!

🇮🇳 eDairy News ÍNDIA: https://whatsapp.com/channel/0029VaPidCcGpLHImBQk6x1F

Look also

Farm lessons to FMCG: How Akshali Shah took on India’s dairy industry

You may be interested in

600 litres of milk daily, profit on fodder: Here is a lucrative dairy farm model

Farm lessons to FMCG: How Akshali Shah took on India’s dairy industry

Suzuki Motor eyes cow feces for biogas fuel in India

Topics |
Ice Cream

Legal Notice

Legal notice about Intellectual Property in digital contents. All information contained in these pages that is NOT owned by eDairy News and is NOT considered “public domain” by legal regulations, are registered trademarks of their respective owners and recognized by our company as such. The publication on the eDairy News website is made for the purpose of gathering information, respecting the rules contained in the Berne Convention for the Protection of Literary and Artistic Works; in Law 11.723 and other applicable rules. Any claim arising from the information contained in the eDairy News website shall be subject to the jurisdiction of the Ordinary Courts of the First Judicial District of the Province of Córdoba, Argentina, with seat in the City of Córdoba, excluding any other jurisdiction, including the Federal.