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Top 11 Ice Cream Brands and Companies in India

As per the analysis by Expert Market Research, Gujarat Co-operative Milk Marketing Federation Ltd (Amul), Vadilal Industries Ltd, Mother Dairy Fruit & Vegetable Pvt Ltd, Hindustan Unilever Limited, Devyani Food Industries Ltd, Graviss Foods Pvt Ltd, Dinshaws Dairy Foods Pvt. Ltd, Havmor Ice Cream Pvt Ltd, Ramani Icecream Company Limited, Dairy Classic Ice Creams Pvt. Ltd., and General Mills Inc as major players in the India ice cream market.
Top 11 Ice Cream Companies

India Ice Cream Market Report and Forecast 2025-2034

The India ice cream market reached a value of about USD 3.46 billion in 2024. The market is projected to grow at a CAGR of 15% in the forecast period of 2025-2034 to reach around USD 14.00 billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by India being the world's largest manufacturer of dairy products.

Ice cream, a beloved frozen dessert cherished by all ages, boasts a creamy texture achieved through a blend of dairy, sweeteners, and flavourings. Stabilisers like gluten ensure its smooth consistency. Rapid chilling prevents large ice crystals from forming, resulting in its signature fluffy texture. Vanilla, chocolate, raspberry, strawberry, and butterscotch are among the favoured flavourings. Enjoyed worldwide, ice cream comes in various forms, from cones to sundaes, offering a refreshing and indulgent treat, especially during warm weather or as a dessert choice, catering to diverse tastes.

In India, ice cream has emerged as a preferred dessert choice, driven by the nation's warm and humid climate and evolving consumer palates. Consequently, dessert sales are steadily rising across the region, reflecting shifting food preferences and the enduring appeal of this cool treat amidst the heat.

India, a key player in global dairy production, plays a pivotal role in driving its booming best ice cream brands in india. The nation's robust dairy industry, coupled with rapid urbanisation and rising per capita incomes, has spurred demand for premium top 11 ice cream brands in india offerings. Consumers, keen on exploring novel flavours and styles, have fuelled the India ice cream market expansion, leading to the introduction of diverse products such as sundaes.

In February 2024, Jungle Ventures invested USD 20 million in Walko Food to support its expansion into the top ice cream brands in India. This second investment, following a previous one in May 2023, reflected Jungle’s confidence in Walko's potential dominance. Walko strategically broadened its product range, introducing Yummo, a new ice cream brand tailored for the Indian mass retail market. Renowned for using high-quality ingredients, Walko exclusively produced Yummo ice creams from pure milk, establishing itself as the brand with the widest variety of ice creams among all indian ice cream brands.

India's Milk Production Share by Animal Species, 2022

Latest Updates on Top Ice Cream Companies in India | Market News

In September 2024, Krishival Foods acquired a 52.94% stake in Melt ‘N’ Mellow Foods, marking its entry into the ice cream, dairy, and bakery sectors. This strategic investment aims to expand Krishival's footprint in the fast-growing food industry and create long-term value for its shareholders through sustainable growth.

In August 2024, Lotte Wellfood announced the merger of its Indian subsidiaries, Lotte India and Havmor Ice Cream, forming an integrated entity named One India. This strategic move aims to strengthen market presence, drive expansion, and achieve annual sales of approximately ₹6,000 crore through aggressive investments and operational synergies.

In August 2024, Devyani Food Industries launched its new premium ice cream brand, ‘Infino,’ in collaboration with Liqvd Asia. This strategic initiative aims to strengthen its presence in the Indian ice cream market through innovative flavors, premium offerings, and comprehensive marketing campaigns. By leveraging digital and offline channels, the company seeks to attract a wider consumer base and drive significant growth.

In August 2024, Naturals Ice Cream announced plans to open 30 new stores across India by 2025. This expansion aims to strengthen its market presence, cater to rising consumer demand, and enhance accessibility. With a focus on premium offerings, the brand seeks to solidify its position in the competitive ice cream industry.

Top 11 Ice Cream Companies in India | Best Brands & Manufacturers

1. Gujarat Co-operative Milk Marketing Federation Ltd (Amul)

Headquarters: Anand, Gujarat
Establishment: 1973
Website: amul.com

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) is India’s largest dairy cooperative. Based in Anand, Gujarat, GCMMF markets its products under the Amul brand, a name synonymous with quality dairy products in India. The federation has a significant global footprint, exporting products to over 60 countries. GCMMF operates as a federation of over 18,000 dairy cooperatives, ensuring the collection, processing, and distribution of milk and milk-based products to millions of consumers. It is one of the biggest suppliers of milk, ice cream, butter, cheese, and ghee in India. With over 3.6 million dairy farmers as members, GCMMF is a vital player in India's dairy industry, continuously innovating and maintaining a leadership position in the market. The company also runs an integrated supply chain, which includes processing plants, cold storage, and distribution networks, ensuring the availability of fresh products across India.

2. Vadilal Industries Ltd

Headquarters: Ahmedabad, India
Establishment: 1907
Website: vadilalgroup.com

Vadilal Industries Ltd, established in 1907, is a leading player in the frozen foods and ice cream industry in India. The company has a rich heritage and is well-known for its wide range of ice creams, frozen desserts, and frozen foods. Vadilal has become one of the largest producers of ice creams and frozen products in the country, offering over 200 varieties in various flavours, formats, and packaging. The company has a strong presence in both domestic and international markets, with its products exported to over 30 countries. The company continues to drive innovation in product offerings, ensuring that it meets evolving consumer preferences. Vadilal’s leadership in the ice cream industry is underscored by its customer-first approach, maintaining its reputation as a trusted brand across generations. Vadilal's commitment to quality is reflected in its state-of-the-art manufacturing facilities, which adhere to international food safety standards.

3. Mother Dairy Fruit & Vegetable Pvt Ltd

Headquarters: Noida, India
Establishment: 1974
Website: www.motherdairy.com

Mother Dairy Fruit & Vegetable Pvt Ltd, a wholly owned subsidiary of the National Dairy Development Board (NDDB), was founded in 1974 and is headquartered in Noida, Uttar Pradesh. Known for its iconic brand "Mother Dairy," the company is a leading producer and marketer of dairy products, fruit juices, and other food items in India. It is one of the largest dairy companies in the country, offering a wide range of products, including milk, ice cream, butter, ghee, and yogurt. Apart from dairy, Mother Dairy also manufactures fruit-based beverages and processed foods under the "Safal" brand. The company’s operations focus on consumer satisfaction and product innovation. Mother Dairy has established itself as a household name by providing fresh and high-quality dairy products sourced from its network of over 1.5 million farmers. Through its widespread distribution network, Mother Dairy has earned a strong presence in urban and rural markets across India.

4. Hindustan Unilever Limited

Headquarters: Mumbai, India
Establishment: 1933
Website: www.hul.co.in

Hindustan Unilever Limited (HUL), a subsidiary of Unilever Plc, is one of India’s largest and most well-known fast-moving consumer goods (FMCG) companies. HUL is a leader in the Indian market, with an extensive portfolio of products across categories such as home care, personal care, foods, beverages, and health & wellness. Some of its iconic brands include Dove, Lipton, Surf Excel, Rin, and Brooke Bond. HUL is also known for its strong commitment to sustainability, focusing on water conservation, waste management, and sustainable sourcing. The company’s business strategy focuses on delivering long-term growth by providing high-quality products that meet the diverse needs of Indian consumers. HUL operates across the country with a vast distribution network that reaches millions of consumers in urban and rural areas. The company continues to innovate with new products and solutions to meet the changing demands of the market, positioning itself as a trusted name in households across India.

5. Devyani Food Industries Ltd

Headquarters: Gurugram, India
Establishment: 1991
Website: dil-rjcorp.com

Devyani Food Industries Ltd, a subsidiary of RJ Corp, is one of India's prominent food and beverage companies. The company operates in the quick-service restaurant (QSR) sector and is known for its diversified product offerings. Devyani Food is the exclusive master franchisee for several global brands in India, including Pizza Hut, KFC, and Costa Coffee, making it a key player in the QSR industry. With a strong presence across India, Devyani operates hundreds of outlets and is continually expanding its footprint in the country. Apart from restaurants, the company also has interests in the production of dairy products, frozen foods, and packaged beverages. Devyani Food focuses on providing high-quality food with innovative and diverse menu options. The company’s commitment to excellence is evident in its customer service and product offerings.

6. Graviss Foods Pvt Ltd

Headquarters: Mumbai, India
Establishment: 1939
Website: www.gravissgroup.com

Graviss Foods Pvt Ltd is a leading manufacturer of ice cream and frozen desserts in India. Headquartered in Mumbai, Maharashtra, the company has built a solid reputation in the Indian food industry with its premium ice cream brand, "La Italia." Graviss Foods produces a wide variety of frozen desserts and ice cream products, offering a diverse range of flavours and formats to cater to different consumer preferences. In addition to its flagship ice cream brand, Graviss Foods also serves the institutional and catering industries, supplying products to hotels, restaurants, and retail chains. With a focus on quality, the company uses state-of-the-art production facilities to manufacture its products, adhering to international standards. The company’s success is driven by its strong distribution network and its ability to innovate in product offerings, ensuring a broad consumer base. Graviss Foods is committed to maintaining high-quality standards and is continuously exploring new markets for expansion.

7. Dinshaws Dairy Foods Pvt. Ltd

Headquarters: Nagpur, India
Establishment: 1932
Website: www.dinshaws.co.in

Dinshaws Dairy Foods Pvt. Ltd is a leading manufacturer of dairy products, particularly ice cream, in India. Headquartered in Pune, Maharashtra, Dinshaws has established itself as a trusted brand in the Indian ice cream industry. The company offers a wide variety of ice creams in numerous flavours, including traditional and innovative varieties. In addition to its popular ice cream products, Dinshaws also produces frozen desserts and other dairy-based products. Dinshaws uses premium ingredients and state-of-the-art manufacturing processes to produce its products, ensuring quality and freshness. The company is committed to product innovation, continually introducing new flavours and packaging formats to meet the evolving preferences of consumers. Dinshaws Dairy Foods Pvt. Ltd’s dedication to quality, customer-centric approach, and focus on innovation has made it a significant player in the competitive dairy and ice cream market in India.

8. Havmor Ice Cream Pvt Ltd

Headquarters: Ahmedabad, India
Establishment: 1944
Website: www.havmor.com

Havmor Ice Cream Pvt Ltd is one of India’s oldest and most renowned ice cream brands. With a legacy of over seven decades, Havmor has built a strong presence in the Indian ice cream market, offering a wide variety of ice creams and frozen desserts. The company’s product range includes cones, cups, family packs, and novelty ice creams, with a focus on innovative flavours and high-quality ingredients. Havmor has a dedicated customer base due to its commitment to quality and affordability. The company operates state-of-the-art manufacturing plants and adheres to strict food safety and quality standards. Havmor’s distribution network spans across India, ensuring its products are available in supermarkets, retail stores, and through dedicated outlets. The company also exports its products to international markets. Havmor continues to innovate and introduce new offerings, catering to diverse consumer preferences.

9. Ramani Icecream Company Limited

Headquarters: Bhopal, India
Establishment: 1988
Website: www.topntown.com

Ramani Icecream Company Limited is a prominent ice cream manufacturer based in India. The company is known for producing a wide range of ice creams and frozen desserts in innovative flavours. Headquartered in Ahmedabad, Gujarat, Ramani Icecream is committed to delivering high-quality products using premium ingredients and state-of-the-art technology. The brand offers products in multiple formats, including family packs, single-serve cups, and cones, catering to different customer needs. Over the years, Ramani has expanded its product offerings and developed a strong distribution network, ensuring that its ice cream products reach consumers across India. The company has also established a reputation for product consistency and freshness, making it a trusted name in the Indian ice cream market. Ramani Icecream is focused on innovation, introducing new flavours and formats to attract and retain consumers.

10. Dairy Classic Ice Creams Pvt. Ltd.

Headquarters: Bengaluru, India
Establishment: 2002
Website: www.dairyday.com

Dairy Classic Ice Creams Pvt. Ltd. is a well-established player in India’s ice cream industry. Headquartered in Delhi, the company specializes in producing high-quality ice creams and frozen desserts. With a strong distribution network, the company has made its products available in both urban and rural areas. Dairy Classic offers a wide variety of ice cream products, including cones, cups, and family packs, with a focus on offering a rich and creamy texture in every serving. Dairy Classic’s ice creams come in various flavours, catering to the diverse tastes of Indian consumers. Dairy Classic is known for its ability to innovate and develop new flavours and formats that appeal to a wide demographic. The company uses high-quality ingredients and maintains stringent quality control measures to ensure that its products meet consumer expectations. The company’s commitment to maintaining high-quality standards and ensuring product freshness has made it a popular and trusted name in the competitive ice cream market.

11. General Mills Inc.

Headquarters: Minnesota, United States
Establishment: 1866
Website: https://www.generalmills.com/

General Mills Inc. is a global leader in the food industry. The company is known for its diverse portfolio of brands, which includes iconic names such as Cheerios, Haagen-Dazs, Betty Crocker, Pillsbury, and Nature Valley. General Mills has a strong presence in both the retail and foodservice sectors, offering a wide range of packaged foods, cereals, snacks, and frozen products. The company operates in over 100 countries and has a broad customer base, ranging from individuals to large businesses. The company also focuses on sustainability, with initiatives aimed at reducing its environmental impact and promoting responsible sourcing. General Mills has expanded its operations through strategic acquisitions, including the purchase of the Haagen-Dazs brand, which strengthened its position in the premium ice cream market. General Mills places a significant emphasis on innovation, continuously introducing new products that meet evolving consumer preferences.

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