February 2017 - Machinery World

See us at Ice Cream Expo 2017

See us at Ice Cream Expo 2017

Join us on stand 38 at the Ice Cream Expo 2017, 14th-16th February at the Yorkshire Event Centre, Harrogate

Ice Cream Expo is a unique expo showcasing a huge assortment of ice cream varieties together with its equipment and supplies. This show provides a unique forum for suppliers, retailers, caterers and manufacturers of ice cream products. The show aims to encourage and support the production, vending and consumption of premium quality ice creams and other frozen treats. Ice Cream Expo also showcases the various machineries and equipments utilised by the ice cream industry. 

The event enjoys massive popularity among all the sections of the society and within all age groups. Drawing such massive crowd the event provides the ideal opportunity to business to build brand images, create and optimize business opportunities and launch new products.

If you’re looking for new products, suppliers, inspiration or a new business venture, don’t miss out on the only dedicated exhibition for the Ice Cream Industry – register with the welcome team from 10:00am on Tuesday 14th February.

See full details here

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Indian ice cream market forecast to grow by 17%

Indian ice cream market forecast to grow by 17%

With an expanding middle class population base, rising purchasing power, coupled with changing customer tastes and growing demand for premium ice creams, India will drive an expanding ice cream market through 2021 according to a report recently published by TechSci Research.

“India Ice Cream Market By Type, By Organized Vs Unorganized Sector, By Category, Competition Forecast & Opportunities, 2011-2021”, the ice cream market in India is forecast to exhibit a CAGR of 17.03% during 2016-2021. 

The Ice cream market in India has grown at a moderate pace over the past few years, due to the  increasing number of international ice cream brands entering the market, improving cold storage facilities, coupled with changing consumer taste. 
In addition, India is the largest producer of milk, with the country accounting for over 1/5th of global milk production, thereby offering ice cream in a country with a large volume of raw material for manufacturing of ice cream. GDP per capita of India has increased from USD1390 in 2010 to 1580 in 2015, positively impacting on the ice cream market in India. 
Furthermore, growing inclination towards eating ice cream outside, a growing number of flavours, coupled with rising purchasing power are further expected to drive the Indian ice cream market during the forecast period.

West India dominated the India ice cream market in 2015, and is further anticipated to continue dominate in the coming years, owing to presence of leading players in the ice cream market in India such as Gujarat Cooperative Milk Marketing Federation, National Dairy Development Board, Vadilal, etc.

A growing dairy industry, coupled with high population density in the region, the India ice cream market was dominated by impulse category of ice creams in 2015, and this category is further expected to continue its dominance during the forecast period, owing to growing demand for premium ice creams and changing consumer taste.

“Ice cream were considered a luxury food product, however with changing taste and preference of consumers, which propelled growth in India ice cream market over the past few years. Moreover, growing demand for natural and traditional flavoured ice cream, coupled with increasing penetration of international brands, improvement in cold chain infrastructure and rapid urbanisation to drive India ice cream market during the forecast period.”, said Mr. Karan Chechi, Research Director with TechSci Research.

“India Ice Cream Market By Type, By Organised Vs Unorganised Sector, By Category, Competition Forecast & Opportunities, 2011-2021” has evaluated the future growth potential of India ice cream market and provides statistics and information on market structure, size, share and future growth. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation.

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