According to the latest report by IMARC Group, titled “Dairy Industry in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the dairy industry in India reached a value of INR 13,174 Billion in 2021. Looking forward, the market is expected to grow at a CAGR of 14.98% during 2022-2027.The report provides a detailed analysis of the market by Product type Also, the report analyzes the market’s competitive landscape.
The dairy sector includes the processing and harvesting of milk for the production of dairy products such as cheese, ice cream, butter, and yoghurt. These foods are high in carbs, protein, calcium, potassium, phosphorus, riboflavin, and vitamins A, D, and B12, which aid in body growth, muscle tissue building and repair, bone health, and blood pressure regulation. Aside from that, dairy processing plants use two forms of processing: heat treatment and dehydration. These methods aid in increasing shelf life, keeping nutritional content, and ensuring the end-safety product's for human consumption.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Dairy Industry in India Market Trends:
The growth of the dairy industry in India can be primarily attributed to rapid urbanization and industrialization, along with inflating disposable incomes, which, in turn, is facilitating the demand for ready-to-eat (RTE) products, such as frozen desserts, butter, milk powder, and yogurt. In line with this, rising health consciousness and evolving food habits have further led to a shift toward organic dairy products and the establishment of fast-food chains, wherein different varieties of cheese, buttermilk, and condensed milk are employed as key ingredients. Additionally, the extensive utilization of dairy products, including milk, ghee, and paneer in diverse traditional recipes is acting as another major growth-inducing factor. Apart from this, numerous initiatives are being undertaken by the Government of India (GoI), such as the National Dairy Program (Phase-1), to improve fodder and feed availability, milk procurement network, and promote dairy farming practices, which is creating a positive outlook for the market. A significant increase in research and development (R&D) activities in the dairy industry to incorporate innovative technologies in the production and distribution process, along with the advent of modern and improving retail facilities and cold chain logistics are projected to drive the market growth further.
Focus of the Analysis in Each Segment:
Drivers and challenges in each marketImapct of COVID-19 on the industryHistorical, current and future sales trendsHistorical, current and future volume trendsHistorical, current and future price trendsSize and analysis of the organized and unorganized marketsStructure of the marketKey players and products available in these marketsRegions Covered:
Karnataka, Maharashtra, Tamil Nadu, Delhi, Gujarat, Andhra Pradesh and Telangana, Uttar Pradesh, West Bengal, Kerala, Haryana, Punjab, Rajasthan, Madhya Pradesh, Bihar, and Orissa.
Focus of the Analysis in Each Region:
Key Drivers and challenges in each regionHistorical, current and future sales trendsMarket breakup by key products in each regionKey players operating in these marketsSegments Covered: All major dairy segments
Focus of the Analysis in Each Segment:
Import VolumesImport ValuesExport VolumesExport ValuesUnderstanding Milk Procurement and Distribution in India
Focus of the Analysis:
Milk procurement models of private dairies and cooperativesMilk procurement prices in IndiaMilk distribution models of private dairies and cooperativesChallenges of milk procurement and distribution in IndiaFocus of the Analysis:
Cost of setting up a dairy plant in IndiaLoans and financingTechno – economic parametersExpected income and expendituresFocus of the Analysis:
Regulatory FrameworkGovernment InitiativesDuty StructureFocus of the Analysis:
Organization OverviewFinancials and Processing CapacityProduct PortfolioExplore full report with TOC & List of Figures: https://www.imarcgroup.com/dairy-industry-in-india
Key highlights of the report:
Market Performance (2016-2021)Market Outlook (2022- 2027)Porter’s Five Forces AnalysisMarket Drivers and Success FactorsSWOT AnalysisValue ChainComprehensive Mapping of the Competitive LandscapeBrowse More Research Report:
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