The food and beverage industry in India is booming with such high numbers in a few years and the ice cream market is showing one of the most dynamic and profitable segments. Ice cream, which for many years was a fun food item to enjoy in all ages and seasons, but it turned out to be more than just a treat. As demand for new and exciting flavors, premium products and multiple authentic experiences keep rising, the Ice creams franchise gives a good opportunity to run the business for entrepreneurs, who wish to enter into the vibrant Indian market.
Here we are going to know the Indian ice cream market, of investing in an Most Profitable Ice Cream Franchise in India, points to be thought before starting investment. Interested? Then get along on this journey!
The Indian Ice Cream Market: Trends and Opportunities
According to different market research reports, the Indian ice cream market continues to grow healthily. In 2023, the market size reached INR 228.6 billion, and it is projected to expand significantly, reaching INR 956.0 billion by 2032, with an impressive CAGR of 17.23% during 2023-2032. This growth is fueled by several key trends:
Increased Appetite for Premium Ice Cream:
Customers are becoming more careful with quality. They have the willingness to invest only in premium, artisan, and health products ice cream. This trend has resulted in the creation of numerous high end ice cream brands that have individual flavors, organic ingredients and lactose free.
Innovations in Flavors and Options:
There is a growing appetite for different and trendy flavors and thus companies are cashing in on this by releasing unique flavors, customizations, and fusion options. Most Profitable Ice Cream Franchise in India chains with new, creative flavors tend to gain the loyalty of a customer base.
Health-Oriented Ice-Cream Options:
The ice-cream firms are focused on creating low-calorie, sugar-free, dairy-free, and vegan flavors. Because of the health consciousness among the people.
Seasonal consumption of ice cream and growing urban population:
While traditionally, ice cream consumption in India increased during the summer, the trend now is changing towards all-time consumption. With the burgeoning urbanization of people living in cities are more often indulging in ice-cream regardless of its season.
E-commerce & Delivery Channels:
On-line food delivery services witnessing the growth are enabling Ice cream businesses getting into wider domains. A huge number of the franchise of ice cream have started providing house delivery, calling on a larger population.
Key Factors to Consider Before Investing in an Ice cream Franchise
The following points represent essential considerations for investing in a franchise.
Brand Reputation and Popularity:
The selection of one of the Most Profitable Ice Cream Franchise in India requires investors to research how well-known the brand reputation and presence are in the industry. Successful business ventures established by franchises using robust brands receive dedicated consumer support which improves initial startup potential.
Franchise Support and Training:
A good franchise provides assistance for building stores as well as marketing guidance and training for personnel and managing their distribution network. A quality franchise network will provide continuous assistance to aid your venture management.
Investment and Profitability:
A proper evaluation of the buying and operating costs for an Franchise of Ice cream needs assessment of both franchise fees and equipment costs and royalty payments with operational costs. The decision-making process should include an analysis of price points that will generate profits at specific intervals to show investment value.
Location and Target Market:
A location which correctly matches the target market stands as the key determinant for franchise of ice cream success. Shopping malls together with commercial complexes and well-visited tourist destinations represent optimal locations for establishing an franchise of Ice cream. Knowledge of the local market audience enables business owners to develop specific product solutions for family customers or young working individuals or students.
10 Most Profitable Ice Cream Franchise in India
1. Amul Ice cream Franchise: A Trusted Name
Amul, India’s leading dairy cooperative society, entered into the ice cream franchise business in 1996, since then it has become a brand name. Established in 1946, Amul has a legacy of 75 years and has gained strength through the quality and trust of the company. With a vast distribution network already in place for its other dairy products, Amul Ice Cream leverages this strength for widespread reach. They make up their business model to provide affordable and varied ice cream products to suit all consumers.
Franchisees get the advantage of Amul’s huge marketing campaigns and set up supply chains, and also undergo comprehensive training programs including that of product handling, sales strategy, as well as operational process.
- Key Products: An extensive assortment of ice cream flavors – classic, premium, & regional, frozen treats, cream baked ice cream flips, sticks, & cones and cakes.
- Investment Costs and Franchise Fees: The investment cost for opening an Amul Franchise of Ice cream is about INR 2 Lacs to INR 6 Lacs. You won’t necessarily be required to pay a franchise fee for joining and, for individuals on a tight budget, this may be a real selling point.
- Profit Margin: Amul Ice cream franchise Profit margins may vary by the location, sale volume, operational efficiency etc. But generally the profit margins of 15% to 25% can be expected.
- Contact Information: https://amul.com/m/amul-franchise-business-opportunity
2. Naturals Ice Cream
Naturals Ice Cream, launched in 1984 by Raghunandan S. Kamath, had changed the way India consumed ice cream by completely focusing on the use of real fruit pulp. Set in Mumbai, Naturals has made a place for itself by bringing to the market unique and seasonal winter-winter fruit ice cream superiority. Their portfolio of Naturals Ice cream Franchise is founded on a business model that is based on freshness and quality with ice cream products made fresh daily using fresh fruits.
Franchisees have extensive support like aid in store selection, layout, employee training, plus marketing efforts. Naturals is renowned for the strongest quality control and offering prime quality ice cream to customers in the form of pure and Natural Ice cream. Their current year revenue is said to be situated in the scope of INR 150-200 crore.
- Key Products: A variety of fruit-based ice cream flavors for Sitaphal, Mango, Chikoo, Tender Coconut, Seasonal offers and classic flavor and ice cream sandwiches.
- Investment Cost & Franchise Fee: The estimated investment for natural ice cream franchise is from INR 30 lakhs to INR 50 lakhs which is based on the store size and location. The franchise fee is in the range of INR 5 lakhs usually.
- Profit Margin: The profit margin range is between 20 % and 30 % driven by its premium positioning and solid brand exclusive loyalty.
- Contact Information: https://naturalicecreams.in/contact-us/
3. Arun Ice Cream
Arun Ice Cream a company started in 1971 by R.G. Chandramogan is the most popular ice cream brand in South India. Arun Ice Cream being a part of Hatsun Agro Product Ltd. has a substantial presence in all over Tamil Nadu, Andhra Pradesh, Telangana, Karnataka and Kerala. Their Arun Ice Cream Franchise strategy emphasizes on supplying a variety of ice cream products at competitive prices, targeting the wider consumer. They gain from its extensive distribution network, strong brand recall in the south Indian region and service in setting up and running their stores.
They also conduct training programs to their staff for product knowledge, customer service and hygiene norms. Its current revenue is estimated to be over INR 1000 crores as a part of Hatsun Agro Product Ltd.
- Key Products: Different ice cream flavors ranging from the classic ones to the specialty ones and even ice cream cakes, cones, and cups of different price categories.
- Investment Cost and Franchise Fees: The investment particular person who needs to start an Arun Ice cream franchise can vary between INR 5 lakhs and INR 15 lakhs depending on the size of the operation. Franchise fee is generally in between INR 2 lakhs to INR 5 lakhs.
- Profits Margins : The profit margin range of 15-20% at franchise level resulting in high sales volumes combined with loyalty towards his customers in his own market.
- Contact Information: https://arunicecreams.in/contact-us.html
4. Meridian Ice Cream:
Meridian Ice Cream, established in 1993, has been consistently expanding its operations across India with an assorted range of ice cream flavors and frozen desserts. With quality and innovation at the forefront, Meridian aims to satisfy various tastes. Their business plan is built on conceiving exclusive branded outlets while also serving several retail channels.
For those looking to invest in Most Profitable Ice Cream Franchise in India, Meridian offers a well-structured business model. Franchise owners receive full support in terms of store location selection, setup assistance, staff training, and promotional materials. Meridian prioritizes maintaining a consistent quality level and ensuring excellent customer support across all its franchise locations. Their current revenue lies in the range of INR 50-100 crore, making it a strong contender in India’s growing ice cream market.
- Key Products: Various flavors of ice cream, such as, classic, premium, unique and sundaes, milkshakes, other freezer things,
- Investment Costs and Franchise Fees: Meridian Ice cream franchsie. Cost to start a Meridian ice cream franchise can range anywhere from 10- 25 lakhs depending on the placement as well as size of store. Franchise fees run into INR 3 Lakhs to INR 5 Lakhs.
- Profit Margin: Meridian Ice creams franchise anticipate profit margins between 18% to 25%, depending on such variables as location and how efficiently the operation runs.
- Contact Information: https://meridianicecreams.com/about-us/
5. Giani Ice Cream
Giani Ice Cream, setup in Delhi in 1956, is one of the oldest and most beloved ice cream brand with rich and creamy textures and multiple flavors. Giani’s has grown over the years by expansion through franchise and now the brand is well established in North india. The business idea sat on a platform with tag of Most Profitable Ice Cream Franchise in India that gives variety in addition to other desserts like falooda and milkshakes.
Franchisees profit from Giani’s recognized brand mark, systemised operating procedures and pre-established client attraction and discipline arrangements, and staff skills development assistance. Their last year revenue is estimated to be in the range of INR 80-120 crore.
- Key Products: Variety of ice cream flavors such as classic Indian Flavours, Fruit Base Options & Introducing Unique Flavors, Sundae, Milkshake & Other Desserts.
- Investment Costs and Franchise Fees: Franchise of Giani ice cream costs around INR 15 lakhs to INR 30 lakhs as the investment depends on the store format and location. The Area wise franchise fee is normally around INR 5 lakhs.
- Profit Margin: Giani Ice creams franchise typically achieve profit margins of 20 to 28%, due to their good name indeed and wide variety of products.
- Contact Information: https://www.gianisicecream.com/contact-us/
6. Apsara Ice Cream
Apsara Ice Cream incorporated in Mumbai in 1951 by Late Shri. Premjibhai Chauhn, is an old heritage brand for eco and human natural handcrafted ice cream. With a loyal customer base in Mumbai and Maharashtra Apsara Ice Cream has expanded through franchise mode and in doing so has not deviated from its promise of quality. Their business model focuses on using fresh fruits, and high grade ingredients to make different kind of unique and tasty ice cream flavors.
Apsara the Most Profitable Ice Cream Franchise in India are assisted in opening their outlets, training of personnel and in the launching of marketing campaign. The Apsara Ice Creams focus on traditional way of making and natural and of ingredients distinguishes it in most of the market. Their monthly revenues are said to be in the range of INR 40 to 60 crores.
- Key Products: A range of handcrafted ice cream flavors with natural ingredients and made of all sorts of fruits flavored, traditional Indian flavors, and special concoctions.
- Investment Cost and Franchise Fees: The requirement of an investment for Apsara Franchise of Ice cream would cost a person between Rs.20 lakhs to Rs.40 lakhs. The franchise fee can be approximately INR 5 lakhs.
- Profit Margin: The profit margin ranges from 20 to 25% due to having good premium positioning and strong brand recognition in their core markets.
- Contact Information: https://apsaraicecreams.com/contact-us/
7. Milano Ice Cream
Milano Ice Cream, which was started in the year 2013, has established fast fame in India for the genuine Italian gelato. With attention to detail in the finest ingredients and traditional Italian recipes, Milano presents a luxurious ice cream. Their business is centered around making for themselves an intricate and welcoming place where they assure their customers to find gelato dessert, sorbete, and other Italian treats in numerous flavors and flavors.
For those looking to invest in one of the Most Profitable Ice Cream Franchise in India, Milano offers an exciting opportunity. Franchisees become fully supported in building and operating their shops, which includes training on making gelato and also offering fantastic customer support and advertising. That authenticity and quality have clearly resonated with the consumer for a premium ice cream experience. Their current year revenue is supposed to be in the range of INR 30-50 crore.
- Key Products: A variety of genuine Italian gelato flavors, traditional and modern alike, plus sorbets, milkshakes, plus its Italian treats.
- Investment Costs and Franchise Fees: Investment in Milano Franchise of Ice cream is estimated to be from INR 35 lakhs up to INR 60 lakhs with that signifying premium status of the brand and store design. The franchise fee is usually of around INR 7 lakhs.
- Profit Margin: Milano Ice creams franchise should expect profit margins of 22 – 30%, backed up by their premium pricing and the fact that they have a high demand from discerning customers.
- Contact Information: https://www.instagram.com/milano_icecream_kochi
8. Havmor Ice Cream
Havmor Ice Cream, started in Karachi in 1944 and later shifted to Ahmedabad, has been in the ice cream business for so long that the new generation can be termed as having grown up on them. Since its acquisition by Lotte Confectionery in 2017, Havmor has maintained its status as one of the most famous brands in India; the diversity of flavors and continuous innovations have been key to its success. Their business model revolves around the concept of running exclusive brand outlets while also maintaining a very strong retail presence in stores.
For entrepreneurs looking for Most Profitable Ice Cream Franchise in India, Havmor presents a compelling opportunity. Its well-known brand image, significant distribution network, and strong marketing and operational support provide franchisees with a solid foundation for success. They offer staff training courses covering product knowledge, customer service, and hygiene procedures, ensuring consistency and quality across all outlets. As part of Lotte Confectionery, Havmor continues to enjoy substantial revenue growth, solidifying its position in the Indian ice cream market.
- Key Products: Over 500 flavors of ice cream, including standard, speculative and territorial flavors, and ice cream cakes, cone, novelty.
- Investment Costs & Franchise Fees: Havmor Ice Cream has an investment requirement of INR 15 lakhs to INR 35 lakhs in terms of a franchise to depend upon the size and type of the store. Franchise fees are around INR 3 Lakhs to 5 lakhs.
- Profit Margin: Average profit margins of Havmor Ice creams franchise go from 18-25% as per location of the franchise and sales performance.
- Contact Information: https://www.havmor.com/contact
9. Baskin Robbins Ice Cream
Baskin Robbins, established in 1945 in California, USA, is one of the largest ice cream franchise chains in the world, with a strong presence across India. Recognized for its iconic “31 flavors” concept, Baskin Robbins offers a wide variety of ice creams, sundaes, milkshakes, and ice cream cakes to choose from. Their business model focuses on delivering a fun and entertaining in-store customer experience, making every visit enjoyable.
For those interested in Most Profitable Ice Cream Franchise in India, Baskin Robbins presents a lucrative opportunity. Franchisees benefit from the brand’s global reputation, well-established operating systems, and extensive marketing support services. With a legacy of quality and innovation, Baskin Robbins continues to be a preferred choice for both customers and business investors in the ice cream industry.
They offer extensive training sessions which cover all departments of the store and customer service. Their current revenue worldwide is formidable, and are still quite tops in India.
- Key Products: Wide variety of ice cream flavors, including traditional and unique ones, sundae, milkshake, short, as well as homemade made ice cream cakes.
- Investment Costs and Franchise Fees: However the cost of investment required to start a branch of Baskin Robbins in India can be INR 25 lakhs to INR 50 lakhs depending upon the branch type and locations. The franchise fee generally costs INR 7 lakhs to INR 10 lakhs.
- Profit Margin: The profit margin range from 15% to 22%, due to their recognized brand name and the wide variety of products they have available.
- Contact Information: https://baskinrobbinsindia.com/pages/contact
10. Mio Amore Franchise
Mio Amore, primarily famous for its cakes and pastries, has also accumulated significant success in the field of ice cream market in Eastern India. Co-founded in Kolkata, Mio Amore provides numerous ice cream flavors and frozen desserts besides all the well-known bakery products. Their business strategy involves serving a one stop point for sweet treats, serving a lot of customer base in the market.
Franchisees enjoy Mio Amore’s good brand name in the East, along with support in setting and running their outlets and training their staff on product knowledge as well as customer service. Their current revenue is estimated to be in the band of INR 100-150 crore.
- Key Products: Several different ice cream flavors, such as traditional as well as modern types, in addition to ice cream cakes, sundaes, as well as milkshakes, and baked items.
- Investment Costs and Franchise Fees: The investment for establishing a Mio Amore franchise is between INR 15 Lakhs to INR 30 Lakhs depending on the size and location of the store. Fees of franchisees range between INR 3 Lacs to INR 5 Lakhs.
- Profit Margin: Mio Amore franchises experienced average profit margins between 18-25% with a diverse product and strong brand loyalty among their core markets.
- Contact Information: https://mioamoreshop.com/contact-us
Explore this: mio amore Franchise cost in India
Strategies for Success as an Franchise of Ice cream in India
Opening a successful Franchise of Ice cream is more than just selling ice cream. Some important strategies to planning long-term success are:
Use Digital Marketing:
Nowadays digital presence is very important. Use platforms, Google My Business and apps for food delivery for a more extended audience. The content, promo, offer can draw in more clients.
Customer Experience:
Put the priority on having a customer experience. Teach your staff to be a friendly, efficient, knowledgeable staff about your products. A welcoming store layout, fast service can improve the whole experience, get customers coming back.
Innovate and Embrace:
Be aware of the latest developments in ice cream that comes in the industry, and add limited flavor sufficient, seasonal specials or combo deals. Follow customer preferences and comments to update your services.
Provide Value and Promotions:
Touting discounts, loyalty programs and value prices are one of the best methods to retain a present clientele by attracting the fresh ones. Having different sizes and custom options may attract a wide consumer audience.
Quality Assurance:
Maintaining consistency of the product quality is very important. Must ensure that all the ice cream is fresh and good quality and contains high quality ingredients. Maintaining quality with your product will gain the loyalty from your customers.
Legal and Financial Considerations for Ice creams franchise
Before investing in an ice cream franchise, you must first know the legal and funding things:
Franchise Agreement:
Enquire about the franchise agreement. Be clear of the terms and conditions regarding concluding, for example royalty fees, territorial confines and how long the agreement is for a correct period and the conditions identify how to end the arrangement.
Licenses & Permissions:
Food Business needs various types of Licenses & Permissions such as Food Safety Certification (FSSAI), GST Registration, Health Permission, Fire Safety Certificate to start the business. Ensure that compliance is met to all local regulations in order not to have legal problems.
Financial planning:
Develop a complete financial proposal which should include the initial sum of money, operational expenditure, operational funds, and predictions. Engaging an accountant to carry out bookkeeping and sorting out of taxes can also benefit in having a smooth financial trend.
Insurance:
Think about securing insurance coverage for your franchise, and it has to do with property, liability, and also employee health insurance. This safeguard/ion sul business against unexpected disaster.
Conclusion
Ice cream franchise market is open to a lot of opportunities to grow for possible investors. Because of the due rise in demand, changing consumer outlook or timeframe and advanced product variety. Through reviewing variables like the brand reputation, location, and financial investment, applying effective business tactics; emerging franchisees will be able to capitalize this profitable industry and attain enduring success.
FAQs
What is the Ice cream franchise investment in India?
It is subjected to the brand and spot, yet it by and large goes from ₹10 ls Lakhs to ₹50 Lakhs incorporating franchise responsibilities, hardware and setup costs.
How much are royalty fees of Ice creams franchise?
Royalty expectations typically range anywhere from 4% to 8% in accordance with monthly revenue by the franchisor.
Can you start a franchise of Ice cream without prior experience?
Yes, many franchisors bring complete training to be able to equip you with the proper skills.
Which is the most suitable place for the Franchise of Ice cream in India.
Traffic hot spots like shopping centers, food courts, tourist destinations, and residential areas are ideal places for Ice creams franchise.
