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The India Dairy Market is Segmented by Product Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks), and Distribution Channel (Off-Trade, On-Trade). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons).
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The India dairy market attained a value of INR 9918.00 Billion in 2024. The industry is expected to grow at a CAGR of 14.00% during the forecast period of 2025-2034. By 2034, the market is expected to reach INR 36768.22 Billion.
India's dairy industry stands as a cornerstone of its agrarian economy, with the nation being the world's largest producer and consumer of milk. India’s milk output increased by 3.83% in 2022-23, with a per-capita availability of 459 grams per day. The average daily yield per animal is 8.55 kg for exotic/crossbred cattle and 3.44 kg for indigenous/non-descript cattle. Milk production rose by 3.75% for exotic/crossbred cattle, 2.63% for indigenous/non-descript cattle, and 3.69% for buffaloes compared to 2021-22, according to the DAHD, Government of India.
Key drivers of India dairy market growth include a rising population, increasing urbanization, and a burgeoning middle class with higher disposable incomes. These factors have led to a surge in demand for both traditional and value-added dairy products. Technological advancements in dairy farming, such as automated milking systems and improved cold chain infrastructure, have further enhanced production efficiency and product quality. According to International Monetary Fund (IMF), in 2023, India's per capita income was USD 2,600 per annum. The International Monetary Fund (IMF) forecasts that this figure will rise to approximately USD 4,000 by 2028. This increase in income levels is anticipated to result in the addition of around 14 crore middle-income households and 2.1 crore high-income households in India by 2030. Additionally, the proportion of middle-income households is expected to grow from 54% in 2018 to 78% by 2030. According to the Investec Report, the rise in income levels is likely to lead to higher disposable incomes, driving consumer preference for premium and nutritious food products such as milk and milk products.
According to the India dairy market analysis, India is a significant exporter of dairy and dairy products on a global scale. According to India Brand Equity Foundation, in the fiscal year 2021-22, India exported 108,711 metric tons (MT) of dairy products, generating revenue of INR 2,928.79 crore (USD 391.59 million). Key export destinations included Bangladesh, UAE, Bahrain, Malaysia, Saudi Arabia, and Qatar. Bangladesh is the largest importer with USD 91.45 million, followed by the UAE (USD 58.66 million), Bahrain (USD 28.59 million), Malaysia (USD 25.36 million), and Saudi Arabia (USD 24.88 million). The trend of India’s dairy product exports shows a significant rise from USD 186.71 million in 2019-20 to USD 201.37 million in 2020-21, reaching USD 391.59 million in 2021-22. This upward trend reflects India's growing presence in the global dairy market and the increasing demand for its dairy products.
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TwitterThe market size of the plant-based dairy amounted to about *** million U.S. dollars in India. The plant-based dairy market is likely to increase to over *** million dollars by 2030. Some commonly used plant-based dairy brands are Vegan Dukan, One Good, and Pilk India.
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The India Dairy Market size was valued at USD 115.57 USD Billion in 2023 and is projected to reach USD 210.45 USD Billion by 2032, exhibiting a CAGR of 8.94 % during the forecast period. Key drivers for this market are: Expansion of International Brands in Saudi Arabia to Fuel Market Growth. Potential restraints include: Lack of Fodder Supply and Emergence of Diseases Pose a Negative Impact on the Market Growth. Notable trends are: Rising Popularity of Veganism to Fuel Market Growth.
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The India Plant Based Milk Market Report is Segmented by Product Type (Almond Milk, Cashew Milk, Coconut Milk, Rice Milk, Soy Milk, and More), Distribution Channel (Off-Trade and On-Trade), Packaging Type (Aseptic Cartons, PET/HDPE Bottles, Glass Bottles, and More), and Region (North India, West India, South India, East India, and More). The Market Forecasts are Provided in Terms of Value (USD).
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India Dairy Market Size, Share & Trends Analysis Report by Product Type (Milk, Cheese, Butter, Dairy Desserts, Yogurt, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail Stores, and Others) - Opportunities & Forecast, 2020-2027
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The India Dairy Alternatives Market is Segmented by Type (Non-Dairy Desserts, Non-Dairy Cheese, Non-Dairy Milk, Non-Dairy Yogurt, and Others), Packaging Type (PET Bottles, Cans, Cartons, Others), Distribution Channel (Off-Trade, On-Trade). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons)
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TwitterThe estimated plant-based dairy market size across India in a high growth scenario was likely to be over *** billion Indian rupees in 2030. In comparison, for a low growth scenario of plant-based dairy, the market size was over ** billion Indian rupees.
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India Dairy Market Size Was Worth USD 132 Billion in 2023 and Is Expected To Reach USD 289 Billion by 2032, CAGR of 7.59%.
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Discover the India Plant-Based Dairy Products Market, valued at USD 2.5 billion in 2024, projected to reach USD 4.9 billion by 2030, growing at a CAGR of 12%.
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The Asia-Pacific Dairy Market is Segmented by Product Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt), Distribution Channel (Off-Trade and On-Trade) and Geography (Australia, China, India, Japan, and Rest of Asia-Pacific). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons).
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India Dairy Products Market was valued at USD 25.04 Billion in 2024 and is expected to reach USD 32.56 Billion by 2030 with a CAGR of 6.76% during the forecast period.
| Pages | 82 |
| Market Size | 2024: USD 25.04 Billion |
| Forecast Market Size | 2030: USD 32.56 Billion |
| CAGR | 2025-2030: 6.76% |
| Fastest Growing Segment | Online |
| Largest Market | North |
| Key Players | 1. Britannia Industries Limited 2. Dodla Dairy Limited 3. Gujarat Co-operative Milk Marketing Federation Limited 4. Hatsun Agro Product Limited 5. Karnataka Milk Federation 6. Mother Dairy Fruit & Vegetable Private Limited 7. Nestlé India Limited 8. Parag Milk Foods 9. Ananda Dairy Ltd 10. Alpha Milk Foods Pvt. Ltd. |
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The UHT milk market in India market size was valued at 1306.55 Million Litres in 2024. Looking forward, IMARC Group estimates the market to reach 3927.35 Million Litres by 2033, exhibiting a CAGR of 12.36% from 2025-2033. The UHT milk market in India is driven by rising urbanization, increasing demand for convenient dairy products, and improved cold chain infrastructure. Growing health awareness, longer shelf life, and expanding retail distribution channels further support market growth. Additionally, rising disposable incomes and changing consumer lifestyles contribute to the increasing adoption of UHT milk.
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Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2024
|
|
Forecast Years
| 2025-2033 |
|
Historical Years
| 2019-2024 |
|
Market Size in 2024
| 1,306.55 Million Litres |
|
Market Forecast in 2033
| 3,927.35 Million Litres |
| Market Growth Rate 2025-2033 | 12.36% |
IMARC Group provides an analysis of the key trends in each segment of the UHT milk market in India market, along with forecasts at the country levels from 2025-2033. The market has been categorized based on sales channel.
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The size of the India Dairy Market market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.44% during the forecast period. Recent developments include: July 2022: Amul announced an investment of USD 60.57 million to build a new dairy plant in Rajkot to expand its production capabilities across milk, yogurt, and buttermilk products.May 2022: Amul launched Isabcool flavor ice cream. It contains psyllium husk, which helps in proper digestion.March 2022: Dodla Dairy Ltd acquired Sri Krishna Milks for INR 50 crore. The acquisition aimed to expand the company's business.. Key drivers for this market are: Increasing Demand for Supplement Nutrition, Growing Casein Application in Processed Food Products. Potential restraints include: Competition from Vegan/Plant-based Protein Powders. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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TwitterThe market size of freshly packaged dairy food was *** billion Indian rupees in the financial year 2020. The market size is likely to increase to *** trillion rupees in the financial year 2025. Fresh packaged dairy includes packaged milk, curd, paneer, yogurt, etc. that have a shelf life of *** to ***** days.
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The Dairy Goods Sales Dataset provides a detailed and comprehensive collection of data related to dairy farms, dairy products, sales, and inventory management. This dataset encompasses a wide range of information, including farm location, land area, cow population, farm size, production dates, product details, brand information, quantities, pricing, shelf life, storage conditions, expiration dates, sales information, customer locations, sales channels, stock quantities, stock thresholds, and reorder quantities.
This dataset can be used by researchers, analysts, and businesses in the dairy industry for various purposes, such as:
Note: This dataset includes data from the period between 2019 and 2022, and it specifically focuses on selected dairy brands operating in specific states and union territories of India. There is an intentional drift highlighted in the dataset's figures due to its opensource and creative license, currently !
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India Lactose Free Dairy Products Market is projected to grow at a CAGR of around 7% during 2022-27, says markntel advisors in their recent published report.
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The international market for milk and milk products free from lactose in the year 2024 was estimated to be USD 13,874.3 million. The market for lactose free milk led to growth in 2025 and thus the overall world market was estimated to have been worth USD 14,581.8 million in 2025. Sales during the forecasting period (2025-2035) would be at a constant average rate of growth of 5.6 % CAGR, finally ending up with a value of USD 25,118.8 million in 2035.
| Attributes | Description |
|---|---|
| Estimated Global Lactose Free Dairy Product Industry Size (2025E) | USD 14,581.8 million |
| Projected Global Lactose Free Dairy Product Industry Value (2035F) | USD 25,118.8 million |
| Value-based CAGR (2025 to 2035) | 5.6 % |
Semi-Annual Market Update
| Particular | Value CAGR |
|---|---|
| H1 | 5.2 % (2024 to 2034) |
| H2 | 5.4 % (2024 to 2034) |
| H1 | 5.5 % (2025 to 2035) |
| H2 | 5.6 % (2025 to 2035) |
Country-wise Insights
| Country | CAGR (2025-2035) |
|---|---|
| USA | 5.2% |
| Germany | 4.8% |
| China | 6.1% |
| Japan | 4.5% |
| India | 7.0% |
Category-Wise Insights
| Segment | Value Share (2025) |
|---|---|
| Milk (By Product Type) | 48.7 % |
| Segment | Value Share (2025) |
|---|---|
| Organic (By Nature) | 37.9% |
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India Dairy Market was valued at USD 27.81 Billion in 2024 and is projected to reach USD 52.26 Billion by 2032, growing at a CAGR of 7.50% from 2026 to 2032.Key Market DriversRising Consumption and Demand for Value-Added Products:The Indian dairy market has experienced significant growth driven by increasing per capita consumption of milk and rising demand for value-added dairy products. This is fueled by growing disposable incomes, urbanization, and changing consumer preferences toward protein-rich diets and premium dairy offerings. According to the National Dairy Development Board (NDDB), India's per capita availability of milk increased from 407 grams per day in 2019-20 to 427 grams per day in 2021-22, representing a growth of nearly 5%.Government Support and Initiatives: The Indian government has implemented various schemes and initiatives to boost dairy production, improve infrastructure, and enhance farmer incomes across the dairy value chain, significantly contributing to market growth. The Animal Husbandry Infrastructure Development Fund (AHIDF), with a corpus of USD 15,000 million established in 2020, had sanctioned 215 projects worth USD 3,600 million by 2023, as reported by the Ministry of Fisheries, Animal Husbandry & Dairying.
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Discover the booming Indian dairy market! Explore key trends, growth drivers, and top players in this lucrative sector, projected to reach [Value from Chart Data] by 2033. Learn about market segmentation, regional analysis, and future opportunities in India's dairy industry. Recent developments include: July 2022: Amul announced an investment of USD 60.57 million to build a new dairy plant in Rajkot to expand its production capabilities across milk, yogurt, and buttermilk products.May 2022: Amul launched Isabcool flavor ice cream. It contains psyllium husk, which helps in proper digestion.March 2022: Dodla Dairy Ltd acquired Sri Krishna Milks for INR 50 crore. The acquisition aimed to expand the company's business.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.
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The India Dairy Market is Segmented by Product Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks), and Distribution Channel (Off-Trade, On-Trade). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Tons).