Global Ghee Market Size Worth US$ 90.5 Billion during 2024-2032, With a CAGR of 6% | IMARC Group

According to the latest report by IMARC Group, titled "Ghee Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" offers a comprehensive analysis of the industry, which comprises insights on the global ghee market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global ghee market size reached US$ 52.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 90.5 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032.

Get Sample Copy of Report at - https://www.imarcgroup.com/ghee-market/requestsample

Factors Affecting the Growth of the Ghee Industry:

• Growing Consumer Awareness of Health Benefits:

The ghee market is being driven by an increasing awareness among consumers regarding the health benefits associated with ghee consumption. Ghee, a clarified butter with milk solids removed, is rich in healthy fats like omega-3 fatty acids and conjugated linoleic acid (CLA). These components are believed to have positive effects on heart health, immune function, and metabolism. As health-conscious consumers seek natural and nutrient-rich food options, the demand for ghee has surged.

• Rising Popularity of Traditional and Ayurvedic Diets:

The resurgence of interest in traditional and Ayurvedic diets has contributed significantly to the growth of the ghee market. Ghee has a long history in traditional Indian and Ayurvedic medicine, where it is valued for its purported health benefits and medicinal properties. As more people globally explore and adopt these dietary practices, the demand for ghee as a staple ingredient has increased, both for its nutritional profile and its cultural significance.

• Preference for Natural and Premium Food Products:

The ghee market is experiencing growth due to a broader consumer trend favoring natural and premium food products. Ghee is often perceived as a premium and high-quality cooking fat, especially when produced using traditional methods. The absence of additives and the presence of rich, savory flavors contribute to ghee's appeal among consumers seeking authentic and minimally processed food options. The premiumization of ghee aligns with evolving consumer preferences for high-quality ingredients in their culinary choices.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/ghee-market

Global Ghee Market Trends:

The ghee market is witnessing several trends that reflect evolving consumer preferences and a broader shift towards natural and wholesome food choices. A notable trend is the emergence of flavored ghee varieties, incorporating herbs, spices, and even exotic flavors, catering to diverse palates and culinary preferences. Additionally, the market is experiencing an increase in the availability of organic and grass-fed ghee, aligning with the rising demand for sustainably sourced and environmentally friendly food products.

Furthermore, there is a growing trend of ghee being marketed as a versatile ingredient, not only for cooking but also as a condiment or spread. This versatility expands ghee's usage beyond traditional culinary applications, attracting a broader consumer base. The rise in e-commerce platforms has also facilitated easy access to a wide variety of ghee products, contributing to market growth.

Competitive Landscape with Key Players:

• SMC Group - Madhusudan Group
• Amul (Anand Milk Union Limited)
• KMF (Karnataka Milk Federation)
• VRS Foods
• Nestle
• RSD Group (Gopaljee)

Ghee Market Report Segmentation:

By Source:

• Cow
• Buffalo
• Mixed

Cow accounts for the majority of the market share due to the rising demand for ghee made exclusively from cow's milk.

By End User:

• Retail
• Institutional

Retail represents the leading market segment due to the growing consumer awareness of ghee's health benefits.

By Distribution Channel:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online
• Others

Convenience stores represent the leading market segment due to the increasing demand for on-the-go and quick meal solutions.

Browse More Reports:

• https://www.einnews.com/pr_news/672175120/hair-care-market-to-reach-us-124-5-billion-by-2032-cagr-of-4-from-2024-2032-imarc-group
• https://www.einnews.com/pr_news/672176576/trout-market-size-worth-1-157-thousand-metric-tons-during-2024-2032-with-a-cagr-of-1-7-imarc-group
• https://www.einnews.com/pr_news/672177704/over-the-top-ott-market-size-worth-us-3-400-0-billion-during-2024-2032-with-a-cagr-of-24-1-imarc-group
• https://www.einnews.com/pr_news/672737985/tuna-market-size-worth-us-59-8-billion-during-2024-2032-with-a-cagr-of-3-4-imarc-group
• https://www.einnews.com/pr_news/672736909/water-purifier-market-size-worth-us-108-3-billion-during-2024-2032-with-a-cagr-of-8-85-imarc-group

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.

Contact us:

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

Who we are:

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.

This release was published on openPR.