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Dairy Industry in Punjab is Expected to Reach INR 976.3 Billion by 2027 - IMARC Group

04-05-2023 01:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Dairy Industry in Punjab

Dairy Industry in Punjab

According to the latest report by IMARC Group, titled "Dairy Industry in Punjab: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution", the Punjab dairy market size reached INR 422.5 Billion in 2021. Looking forward, the market is expected to reach INR 976.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.96% during 2022-2027. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Industry Definition and Application:

Dairy products are made using the milk of milch animals like sheep, cows, goats, and buffaloes. They play a vital role in the everyday diet as they are rich in calcium, protein, zinc, fats, potassium, and magnesium. They also aid in strengthening bones, reducing the risk of osteoporosis, and maintaining blood pressure. As a result, their consumption is increasing across Punjab.

Punjab Dairy Market Trends and Drivers: 

The surging population, along with inflating income levels, represents one of the major factors driving the sales of dairy products in Punjab. Moreover, altering eating habits and the growing health consciousness among individuals are positively influencing the demand for organic dairy products in the state. Apart from this, due to the growing working population, there is a considerable rise in the demand for ready-to-eat (RTE) products. Thus, in confluence with the subsidies provided by the Government of India to promote the production of dairy products is strengthening the market growth in the state.

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

Punjab 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.

Some of these key players include:

Milkfed (Verka)
Chanakya Dairy
Amul and Supreme Agro Foods Ltd.

The report has segmented the market on the basis of product type.

Liquid milk
Ghee
Curd
Paneer
Ice-cream
Table butter
Skimmed milk powder
Frozen/flavoured yoghurt
Fresh cream
Lassi
Buttermilk
Cheese
Flavoured milk
UHT milk
Dairy whitener
Sweet condensed milk
Infant food
Malt based beverages

Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/dairy-industry-punjab

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 can provide it to you as a part of the customization.

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

Related Reports By IMARC Group:

Uttar Pradesh Dairy Market: https://www.imarcgroup.com/dairy-industry-uttar-pradesh

Madhya Pradesh Dairy Market: https://www.imarcgroup.com/dairy-industry-madhya-pradesh

Indian Dairy Whitener Market: https://www.imarcgroup.com/dairy-whitener-market-in-india

Dairy Industry Database India: https://www.imarcgroup.com/indian-dairy-industry-database

Rajasthan Dairy Market: https://www.imarcgroup.com/dairy-industry-rajasthan

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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