In 2023, the Ice cream market reached a remarkable value of USD 3.46 billion and is projected to surge at a compound annual growth rate (CAGR) of approximately 15%, aiming to hit around USD 12.17 billion by 2032. Maharashtra leads the market, driven by its large urban population and higher per capita income, which support the demand for premium ice cream products. This growth trajectory highlights the lucrative nature of ice cream franchise in India, offering promising opportunities for entrepreneurs across various investment levels.

Low Investment Ice Cream Franchise

Amul Ice Cream Franchise

Amul ice creams are a staple in Indian households. They offer a franchise model for its ice cream parlors, allowing entrepreneurs to leverage its esteemed brand recognition. Known for its wide range of dairy products, Amul ice cream serve a variety of flavors and are popular year-round.

Cost Estimation:

• Franchise Fee : ₹2-5 Lakhs
• Setup Costs (Interiors, Equipment): ₹3-5 Lakhs
• Marketing & Opening Stock: ₹2 Lakhs
• Total Initial Investment: ₹10-20 Lakhs
• Space Required: 500-750 sq ft

Havmor Ice Cream Franchise

Havmor offers a delightful variety of ice creams crafted from real milk. As a rapidly growing brand, it promises a comprehensive support system to its franchisees, including marketing and operational guidance.

Cost Estimation:

• Franchise Fee : ₹5 Lakhs
• Interior and Equipment: ₹5-10 Lakhs
• Marketing & Initial Stock: ₹3 Lakhs
• Total Initial Investment: ₹15-20 Lakhs
• Space Required: 250-1000 sq ft

Cream Stone Ice Cream Franchise

Cream Stone stands out with its live preparation of customizable ice creams, using cold stone slabs to mix in a variety of toppings. This interactive experience draws customers looking for a personalized dessert option.

Cost Estimation:

• Franchise Fee : ₹3 Lakhs
• Store Setup: ₹4-7 Lakhs
• Marketing & Initial Inventory: ₹2 Lakhs
• Total Initial Investment: ₹10 Lakhs
• Space Required: 250 sq ft+

Gelato Vinto Ice Cream Franchise

Gelato Vinto offers an authentic Italian gelato experience with a focus on natural ingredients and artisanal preparation methods. Their franchises are popular in metropolitan areas and tourist spots.

Cost Estimation:

• Franchise Fee : ₹3 Lakhs
• Setup Costs (Decor, Equipment): ₹2-5 Lakhs
• Marketing & Initial Stock: ₹1-2 Lakhs
• Total Initial Investment: ₹5-10 Lakhs
• Space Required: Varies (kiosks to full-scale parlors)

Giani Ice Cream Franchise

Giani’s Ice Cream started as a corner candy store in Delhi in 1956, and has since grown into a well-known brand across India, offering a mix of traditional and innovative flavors.

Cost Estimation:

• Franchise Fee : ₹2 Lakhs
• Interior and Setup: ₹3-5 Lakhs
• Marketing & Initial Inventory: ₹1.5 Lakhs
• Total Initial Investment: ₹7-10 Lakhs
• Space Required: 250-500 sq ft

Medium Investment Ice Cream Franchise

Naturals Ice Cream Franchise

Naturals Ice Cream is celebrated for its use of fresh and natural ingredients, without any artificial flavors or preservatives. This brand has a loyal customer base thanks to its focus on quality and the natural taste of seasonal fruits.

Cost Estimation:

• Franchise Fee: ₹5 Lakhs
• Interior and Equipment: ₹5-10 Lakhs
• Marketing & Initial Stock: ₹3-5 Lakhs
• Total Initial Investment: ₹15-20 Lakhs
• Space Required: 500-750 sq ft

Vadilal Ice Cream Franchise

Vadilal is known for its vast variety of flavors and forms, offering more than 50 flavors in various pack sizes. They provide extensive support in training and marketing, ensuring that franchisees are well-equipped to succeed.

Cost Estimation:

• Franchise Fee : ₹3 Lakhs
• Setup Costs (Interiors, Freezers): ₹10-15 Lakhs
• Marketing & Opening Inventory: ₹4-7 Lakhs
• Total Initial Investment: ₹20-30 Lakhs
• Space Required: 300-3000 sq ft

Cream Bell Ice Cream Franchise

Cream Bell is a significant player in the ice cream market with a reputation for high-quality products. The brand is expanding and offers franchises significant growth potential and market penetration.

Cost Estimation:

• Franchise Fee: ₹5 Lakhs
• Store Design and Equipment: ₹10-15 Lakhs
• Marketing & Initial Stock: ₹5 Lakhs
• Total Initial Investment: ₹20-25 Lakhs
• Space Required: 100-500 sq ft

Baskin Robbins Ice Cream Franchise

As one of the world’s largest chains of ice cream specialty shops, Baskin Robbins is known for its wide variety of flavors and custom cakes. Franchisees benefit from strong brand recognition and comprehensive support.

Cost Estimation:

• Franchise Fee: ₹5 Lakhs
• Interiors and Equipment: ₹8-10 Lakhs
• Marketing & Initial Stock: ₹2-3 Lakhs
• Total Initial Investment: ₹15-18 Lakhs
• Space Required: 250 sq ft+

Ibaco Ice Cream Franchise

Ibaco offers a unique experience where customers can create their own ice cream sundaes and cones with a variety of toppings. The brand emphasizes a fun, interactive customer experience.

Cost Estimation:

• Franchise Fee: ₹6 Lakhs
• Store Setup (Interiors, Display Freezers): ₹9-11 Lakhs
• Marketing & Initial Inventory: ₹4 Lakhs
• Total Initial Investment: ₹20-22 Lakhs
• Space Required: 500-750 sq ft

High Investment Ice Cream Franchise

Haagen-Dazs Ice Cream Franchise

Haagen-Dazs is synonymous with luxury ice cream, offering an array of premium, rich flavors and a unique dining experience. This brand attracts a discerning clientele looking for indulgence in every scoop.

Cost Estimation:

• Franchise Fee: ₹30 Lakhs
• Interior and Equipment: ₹20-30 Lakhs
• Marketing & Initial Stock: ₹10 Lakhs
• Total Initial Investment: ₹50 Lakhs to ₹1 Crore
• Space Required: 500-1200 sq ft

Polar Bear Ice Cream Franchise

Polar Bear serves a variety of innovative ice cream flavors and sundaes. Known for its playful approach to desserts, it creates a family-friendly environment that encourages repeat visits.

Cost Estimation:

• Franchise Fee: ₹20 Lakhs
• Store Setup: ₹25-30 Lakhs
• Marketing & Initial Stock: ₹5-10 Lakhs
• Total Initial Investment: ₹50-60 Lakhs
• Space Required: 800-1200 sq ft

Cold Stone Creamery Ice Cream Franchise

Cold Stone Creamery offers a unique ice cream experience with its made-to-order ice creams combined on a frozen granite stone. Franchisees are part of a globally recognized brand known for its innovation and high-quality products.

Cost Estimation:

• Franchise Fee: ₹25 Lakhs
• Interiors and Custom Equipment: ₹20-25 Lakhs
• Marketing & Initial Inventory: ₹10 Lakhs
• Total Initial Investment: ₹55-60 Lakhs
• Space Required: 500-1000 sq ft

Movenpick Ice Cream Franchise

Movenpick is renowned for its Swiss ice cream and gourmet desserts. The brand focuses on natural ingredients without artificial additives, appealing to health-conscious consumers.

Cost Estimation:

• Franchise Fee: ₹25 Lakhs
• Store Fit-out and Equipment: ₹30 Lakhs
• Marketing & Initial Stock: ₹10 Lakhs
• Total Initial Investment: ₹65-75 Lakhs
• Space Required: 500-1000 sq ft

Keventers Ice Cream Franchise

Keventers, originally famous for its milkshakes, has expanded into ice cream with a heritage brand appeal. It offers a nostalgic yet modern take on classic flavors, making it a unique entry in the market.

Cost Estimation:

• Franchise Fee: ₹15 Lakhs
• Setup Costs (Interiors, Equipment): ₹20-25 Lakhs
• Marketing & Opening Stock: ₹5-10 Lakhs
• Total Initial Investment: ₹40-50 Lakhs
• Space Required: 400-800 sq ft

Wrapping Up

The booming ice cream franchise in India presents exciting opportunities for entrepreneurs. With numerous established brands offering lucrative franchise models, now is the perfect time to capitalize on the growing demand for premium and innovative ice cream experiences. Whether you seek a low-investment entry point or a high-end brand partnership, the Indian ice cream franchise landscape offers a path to sweet success.

From artisanal gelato and fresh fruit-based flavors to globally recognized brands and playful dessert creations, the franchise options are endless. Discover the perfect fit for your entrepreneurial ambitions and bring the joy of ice cream to your community.

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