Indian Dairy Market Report and Forecast 2021-2026

Date11/20/2021 11:07:08 AM
PriceUSD 400,703.00
Bharat Book Bureau Provides the Trending Market Research Report on “Indian Dairy Market Report and Forecast 2021-2026” under Food And Beverage Market Research Reports Category. indian dairy Market Research Report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Market Outlook
According to Indian Dairy Market Research Report latest report, the India dairy market attained a value of USD 144.55 billion in 2020. Aided by the extensive use of dairy products in Indian cuisines, the market is projected to further grow at a CAGR of 6% between 2021 and 2026.

Dairy is an enterprise that involves the production of various dairy products such as milk, cheese, and butter, among others. Dairy products are usually made of cow’s milk, but sheep’s milk and camel’s milk are increasingly preferred due to their numerous health benefits. Moreover, the consumption of dairy products is associated with various advantages.

They not only contain calcium, protein, vitamin D, and potassium but also are essential for the growth and wellbeing of the body. Dairy products hold a significant aspect in the Indian culture and are extensively used in various cuisines around the country.

In addition, rising health consciousness and rapid urbanisation are increasing the demand for dairy products owing to their health benefits, therefore augmenting the industry growth in India.

The cultural and social significance of milk and dairy products in major parts of the country is aiding the market growth. The introduction of various favourable government initiatives to increase the production of dairy by artificial insemination is also propelling the market growth.

The integration of several technological innovations such as Automatic Milk Collection Station and Bulk Milk Cooling Units in animal husbandry to aid hygienic milk production and promote import and export activities is anticipated to boost the industry growth.

Moreover, the digitisation of milk production, herd management, livestock insurance, fintech, and marketing by leveraging data analytics and the Internet of things (IoT) are expected to further propel the market growth. The rising demand for packaged dairy products and value-added products (VAP) such as ghee, curd, ghee, butter, and cheese, among others, in the domestic households, restaurants, and hotels, is expected to bolster the growth of the dairy industry in India.

In addition, the growing disposable income and evolving dietary preferences are increasing the demand for prebiotic products such as yoghurts, hence providing further impetus to the growth of the market for dairy in India.

Market Segmentation
The market report by Expert Market Research analyses the market based on segmentations such as product and major region.

Market Breakup by Product
•Liquid Milk
•Cow Milk
•Goat Milk
•Camel Milk
•UTH Milk
•A2 Milk
•Organic Milk
•Flavoured Milk
•Cup Curd
•Pouch Curd
•Butter Milk (Chach)
•Flavoured and Frozen Yoghurts
•Probiotic Dairy Products
•Dairy Whitener
•Skimmed Milk Powder
•Dairy Sweets
•Milk Shake
•Sweet Condensed Milk

Market Breakup by Region
•North India
•West and Central India
•South India
•East India

Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.

Some of the major players in the market explored in the Expert Market Research report are:
Dairy Cooperatives
•Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF)
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