Heatwave ignites triple-digit demand spike across ice cream, beverages and AC categories
Mother Dairy, Lotte, Varun Beverages, Haier and LG report sharp sales rebound as India's heatwave drives 30%+ seasonal demand. Quick commerce doubles ice cream volumes in 10 days; Tropicana PET grows over 100%, dairy 60-70%, Haier ACs 35% this month.
Heatwave is driving sharp demand rebound across ice cream, beverage and AC categories in India, with Mother Dairy, Lotte, Haier, LG and Varun Beverages reporting double-digit to triple-digit growth, led significantly by quick commerce platforms.
Why this matters
Heatwave-led volume surge follows Mother Dairy's May 14 milk price hike of Rs 2/litre in Delhi-NCR, pairing pricing power with seasonal demand tailwinds across dairy and ice cream.
Retail-brand activity steady at 550 signals in the last 90 days.
Also reported by
- The Hindu BusinessLine — 4h after first sighting