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Dairy industry in Gujarat: Market Size, Growth 2022-2027

02-10-2023 11:12 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMARC Group

Dairy industry in Gujarat

Dairy industry in Gujarat

According to the latest report by IMARC Group, titled "Dairy Industry in Gujarat: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution," The dairy market in Gujarat size reached INR 983.7 Billion in 2021. Looking forward, the market is expected to reach INR 2,384.3 Billion by 2027, exhibiting a growth rate (CAGR) of 15.7% during 2022-2027.

Dairy products are food items prepared from the milk of specific animals, such as cows, buffalos, goats, and camels. They include liquid and condensed milk, ghee, curd, paneer, table butter, cheese, ice cream, and yogurt. They are rich in protein, phosphorus, potassium, iodine, riboflavin, calcium, and pantothenic acid and aid in keeping muscles, nerves, bones, teeth, and skin healthy and improving vision. They assist in maintaining blood pressure and supporting the development of the nervous, immune system and the growth of the brain. At present, dairy products are extensively used in Gujarat in the preparation of various dishes, infant food, and beverages.

Gujarat Dairy Market Trends:

The growing population and rising consumption of dairy products represent one of the key factors positively influencing the market in Gujarat. In addition, changing dietary patterns and increasing awareness about the health benefits offered by dairy products are creating a positive market outlook. Moreover, the easy availability of milk-based ready-to-eat (RTE) food items across online and offline distribution channels, coupled with free doorstep delivery and secured payment gateways, is bolstering the market growth. Additionally, rapid urbanization and a surge in the number of investors processing dairy products in the state are providing a thrust to the market growth. In line with this, a significant rise in the working population and hectic schedules are catalyzing the demand for packed dairy products. Apart from this, the introduction of various flavors in milk products, such as chocolate marshmallow, cherry, caramel, peppermint, banana, warm vanilla, rose, and lavender, is expanding the consumer base and encouraging key market players to introduce more product variants for maintaining a competitive edge. In line with this, manufacturers are increasingly investing in different marketing strategies, such as banner advertising, social media promotions, and celebrity endorsement, which are providing a thrust to the market growth.

In addition, increasing investments in research and development (R&D) activities and favorable government initiatives, such as loans, subsidies, and schemes for quality analysis and managing milk production, are strengthening the growth of the market. Besides this, the integration of advanced technologies to maintain the dairy database in bolstering the market growth. Apart from this, continuous financing by the national dairy development board for the revival of non-functional dairies of Saurashtra and Kutchh region are creating a positive market outlook. Furthermore, the introduction of various schemes to support private companies, micro, small and medium enterprises (MSME), and farmers producer organizations (FPOs) are supporting the market growth. Other factors, such as sustained growth in the Indian economy and a rise in the disposable incomes of individuals, are driving the market.

Request Free Sample Report: https://www.imarcgroup.com/dairy-industry-gujarat/requestsample

Gujarat Dairy Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Amul (Gujarat State Cooperative Milk Producers' Federation)
Maahi Milk Producer Company Ltd
Vimal Dairy Ltd

The report has segmented the market on the basis on the product type:

Breakup by Product Type:

Liquid Milk
Ghee
Curd
Paneer
Ice-Cream
Table Butter
Skimmed Milk Powder
Frozen/Flavoured Yoghurt
Fresh Cream
Lassi
Butter Milk
Cheese
Flavoured Milk
UHT Milk
Dairy Whitener
Sweet Condensed Milk
Infant Food
Malt Based Beverages

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/dairy-industry-gujarat

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports:

Dairy Processing Equipment Market Report: https://www.openpr.com/news/2883970/dairy-processing-equipment-market-global-industry-trends

Dairy Industry in Delhi: https://www.openpr.com/news/2846543/dairy-industry-in-delhi-market-size-growth-prices-segments

Punjab Dairy Market Report: https://www.openpr.com/news/2813809/dairy-industry-in-punjab-to-reach-inr-976-3-billion-by-2027

Dairy Whitener Market in India: https://www.openpr.com/news/2857647/dairy-whitener-market-in-india-industry-trends-share-size

Dairy Industry in Orissa: https://www.openpr.com/news/2837392/dairy-industry-in-orissa-growth-prices-segments

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

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