Written by Oliver » Updated on: March 20th, 2025
India Milkshake Market Outlook
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: INR 7.6 Billion
Market Forecast in 2033: INR 34.2 Billion
Market Growth Rate: 17.47% (2025-2033)
The Indian milkshake market size reached INR 7.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach INR 34.2 Billion by 2033, exhibiting a growth rate (CAGR) of 17.47% during 2025-2033.
India Milkshake Market Trends:
The Indian milkshake market is growing rapidly due to changing consumer preferences, the urbanization process in India, and convenience and nutritional beverage-thirsts of contemporary consumers. The transition towards a healthier lifestyle is compelling consumers to seek out milkshakes that are rich in protein, vitamins, and organic ingredients. The ever-increasing number of quick-service restaurants, cafés, and cloud kitchens promises the wide availability and accessibility of milkshake varieties for all tastes. Influenced by Western food culture and premiumisation of dairy products, brands are coming up with various unique flavors and packaging options as well as some value-added ingredients such as probiotics and plant-based alternatives.
Quick penetration of online food delivery services has opened up the market to even more milkshake brands that are now reaching consumers in both urban and semi-urban regions. Deriving lactose-free and vegan-type milkshakes is quite broadening the scope of consumption pattern among health-conscious individuals and those who are lactose-intolerant. In contrast to problems such as competition and fluctuation in raw material pricing, various brands are implementing solutions by adopting quite a few technological advancements and making use of sustainable packaging to further improve their kms. Summing up, as demands from consumers also foremost signals innovativeness in the dairy sector, thereby keeping the Indian milkshake industry all the more agile.
For an in-depth analysis, you can refer free sample copy of the report: https://www.imarcgroup.com/indian-milkshake-market/requestsample
India Milkshake Market Scope and Growth Analysis:
Changing consumer preferences, increasing disposable incomes, and growing health consciousness are driving the Indian milkshake market. Resurgent demands for RTD milkshakes, guided by urbanization and Western dietary trends, come mainly from the millennial and Gen Z generations. Basically, organized retail expansion, e-commerce penetration, and innovative offerings, including lactose-free and plant-based alternatives, are further promoting market growth. Growing a trend of on-the-go consumption and an inclination to consume convenient in between but nutritious beverages is enhancing sales. Also, manufacturers highlight, through fortification with proteins, vitamins, and probiotics, the focus on health-conscious consumers.
Celebrity promotions too, along with attractive packaging innovations, are influencing purchase decisions. This coincides with the QSR boom, the increasing café culture, and the growing demand for beverage options coming from tier-2 and tier-3 cities, which has broadened the consumer base. The contemporary inclination towards premium exotic tastes is furthering opportunities for the rise of dairy-based drinks in fitness enthusiasts. The government propels the dairy sector and the mechanism of refrigerated supply upgrade, and can facilitate stock centric to the following region. The India milkshake market would be growing steady, further propelled by changing consumer behavior, freer access to updates on all these new thoughts, and greater reach for distribution.
India Milkshake Market Report Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India milkshake market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Flavor:
Breakup by Packaging:
Breakup by Distribution Channel:
Breakup by State:
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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