Indians consume only 1.6 litres of ice cream per capita versus an astounding 28.4 litres in New Zealand 🤯 The Indian ice cream and frozen dessert market is on a high-growth trajectory. At around $3.4 billion in FY2023, it is expanding at an estimated 12–15% annual rate and is projected to exceed $5 billion by FY2026. This growth is underpinned by rising incomes, a young population, and greater accessibility (modern retail and food delivery apps).
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