Press release
India Dairy Market Size, Share, Future Growth, 2032 | Milk food Limited, Kwality Milk Foods, Parag Milk Foods
๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe India dairy market size was valued at USD 115.57 billion in 2022. The market is projected to grow from USD 124.93 billion in 2023 to USD 227.53 billion by 2030, exhibiting a CAGR of 8.94% during the forecast period. India is one of the largest exporters of dairy products. Major producers in India are Uttar Pradesh, Maharashtra, Himachal Pradesh, Madhya Pradesh, Rajasthan, Punjab, and Tamil Nadu. Growing demand for functional dairy products is set to propel the India dairy market share. ๐ ๐จ๐ซ๐ญ๐ฎ๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌโข shares this information in its report titled "๐๐ง๐๐ข๐ ๐๐๐ข๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐๐-๐๐๐๐."
๐๐๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ : https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/india-dairy-market-107416
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ
โขGujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India)
โขHeritage Foods Limited (India)
โขKarnataka Cooperative Milk Producers Federation Limited (India)
โขKwality Milk Foods Ltd (India)
โขMilk food Limited (India)
โขNational Dairy Development Board (India)
โขParag Milk Foods (India)
โขPunjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India)
โขRajasthan Cooperative Dairy Federation Ltd (RCDF) (India)
โขTamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India)
๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ:
๐๐ฐ๐ข๐ง๐ ๐ญ๐จ ๐๐ข๐ฅ๐ค ๐๐๐ข๐ง๐ ๐ ๐๐๐ซ๐ญ ๐จ๐ ๐๐ข๐๐ญ ๐จ๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง๐ฌ ๐จ๐ ๐๐๐จ๐ฉ๐ฅ๐, ๐๐ข๐ฅ๐ค ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ข๐ฌ ๐๐๐ญ ๐ญ๐จ ๐๐๐๐
According to type, the market is segmented into milk, cheese, butter, dairy desserts, milk powder, curd & yogurt, cream, and others. Milk held the largest part in the segment as it is an essential part of the diet of billions of people. Rising popularity for natural and farm-sourced milk is likely to increase the demand for milk at a higher pace in India. Thus, due to the popularity of dairy in India, there has been constant efforts taken by dairy entrepreneurs/startups to develop attractive and indulgent flavors to entice consumers.
๐๐ข๐ญ๐ก ๐๐ง๐๐ซ๐๐๐ฌ๐ข๐ง๐ ๐๐ฎ๐ฆ๐๐๐ซ ๐จ๐ ๐๐จ๐ง๐ฏ๐๐ง๐ข๐๐ง๐๐ ๐๐ญ๐จ๐ซ๐๐ฌ, ๐๐ญ๐ก๐๐ซ๐ฌ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐ญ๐จ ๐๐๐๐
According to distribution channel, the market is divided into supermarkets/hypermarkets, specialty retailers, online retail stores, and others. The others segment includes local milk vendors and convenience stores. It is set to dominate due to increasing number of convenience stores across the country and easy availability of dairy products, such as milk, curd, and paneer, at such stores. Specialty retailers are also growing in developing and developed countries due to advantages such as product expertise, customer experience, and wide variety of higher-quality products.
๐๐๐ญ ๐ ๐๐ฎ๐จ๐ญ๐: https://www.fortunebusinessinsights.com/enquiry/get-a-quote/india-dairy-market-107416
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฏ๐๐ซ๐๐ ๐
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ
๐๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง ๐จ๐ ๐๐ข๐ฅ๐ค ๐ข๐ง ๐๐ง๐๐ข๐ ๐ญ๐จ ๐๐ซ๐จ๐ฉ๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
Significant production of milk in the country is projected to drive the India dairy market growth. The dairy industry has been one of the dynamic sectors in the Indian agricultural industry and has witnessed phenomenal growth in its production and consumption. High availability of milk in the country boosts the production of value-added or processed products such as cheese, butter, curd, yogurt, ghee, and paneer. In addition, milk has a strong demand in Indian households, which drives market growth. The industry in India helps the country in its socioeconomic development.
However, lack of supply of fodder and emergence of various diseases in cattle are expected to hamper the market expansion.
๐๐ฌ๐ค ๐ ๐จ๐ซ ๐๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/india-dairy-market-107416
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
๐๐ซ๐จ๐ฌ๐ฉ๐๐๐ญ๐ฌ ๐จ๐ ๐๐๐ฐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ญ๐จ ๐๐ซ๐๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ฏ๐๐ง๐ญ๐๐ ๐
With expanding consumption of liquid milk and milk products, the demand for milk has been increasing in the country. Prominent players are expanding their businesses by establishing numerous manufacturing facilities, opening their outlets in different markets, and launching new products. In September 2020, Tata entered into the milk category under its brand Tata NQ and launched skimmed milk powder in a pack of 25kg for institutional customers.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ
๐๐๐ญ๐จ๐๐๐ซ ๐๐๐๐: Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) launched the Verka milk and milk products brand in Delhi. The aim of this launch was to offer dairy farmers with maximum support and good prices to these farmers.
๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ
๐๐๐ข๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.fortunebusinessinsights.com/dairy-market-102113
๐๐๐ข๐ซ๐ฒ ๐ ๐จ๐จ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.fortunebusinessinsights.com/dairy-foods-market-103890
๐๐๐ข๐ซ๐ฒ ๐๐ซ๐ข๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.fortunebusinessinsights.com/dairy-drinks-market-103811
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
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๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Fortune Business Insightsโข offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
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