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The India Dairy Market is segmented by Category (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.
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The India dairy market reached a value of nearly INR 9918.00 Billion in 2024. The market is projected to grow at a CAGR of 14.00% between 2025 and 2034 and reach around INR 36768.22 Billion by 2034.
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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. A dairy is the integral part of the socioeconomic fabric and considering the dairy animal .A dairy is a company that sells milk and milk products such as butter, cheese, yogurt, cream, etc. Dairy products provide essential nutrients such as calcium, vitamins, proteins, etc. The Production of milk on dairy farms and processing of milk and milk product at dairy plant up the dairy industry. Dairy products undergo different processing stages in specialized plants to ensure quality and safety. The dairy market includes dairy farming and milk production. In dairy farming, there is the raising of dairy cattle for milk production. There is growing interest in functional dairy products with added health benefits, such as probiotics and fortified options. There are the dairy product like including like butter, cheese , ice cream ,yoghurt and dried milk. These are the properties of the milk include the milk nutrient like fats ,protein ,lactose, vitamin and minerals are include. Dairy products like milk ,cheese, and yoghurts .for example three contain are include like protein ,calcium. And vitamin B12.there are various type of the dairy farming various type of the mammals are include like goat, buffalo ,sheep ,and camel .There are some health benefits are the dairy product like digestive health, Bone health ,Dental health, weight management ,muscle mass and hydration. A healthy diet including a variety of foods from the five food groups such as fruit, vegetables and milk, cheese and yoghurt can help you manage your blood pressure. The Effect of the dairy product consumption of the health like musculation diseases. 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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Get insights into India's dairy industry, including market trends, challenges, top players, and factors shaping growth in 2028.
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The India Dairy Alternatives Market is segmented by Category (Non-Dairy Butter, Non-Dairy Milk) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Production volume of plant-based products.
The 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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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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The size of the India Dairy 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. The dairy industry in India covers the manufacturing and delivery of milk, cheese, butter, yogurt, and other dairy products with added value. The market is being fueled by a growing population, higher disposable incomes, and increased awareness of health among consumers. Amul and Mother Dairy are top players in the market, known for their wide range of products and strong distribution networks. The market landscape is significantly influenced by the rise of fortified and functional dairy products, the growing demand for A2 milk, and the popularity of probiotic yogurts. Although facing obstacles like varying raw material costs and strict regulatory requirements, the market's optimistic future is bolstered by continuous advancements and the growth of cold chain infrastructure. This path emphasizes the crucial importance of dairy products in the Indian culinary sector and their capacity for continuous market expansion. 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.
The sales volume of dairy foods within the Indian packaged foods market amounted to **** million metric tons in 2022. This was an increase as compared to previous year sales volume. The expansion and diversification of the country's food retail was likely a catalyst for dairy packaged foods, with urban areas accounting for over ** percent of sales. Key hindrances to market growth India is home to one of the largest bovine populations in the world, and subsequently an enormous populace of milk cows. Despite that, the lack of cold storage facilities available induces significant output loss of dairy production volume. The cattle industry is heavily dependent on the fodder and feed available for the dairy animals. Constant floods and droughts across the agricultural land render the supply inconsistent, consequently making the process of feeding the cattle difficult. Effects of COVID-19 on dairy consumption Being a staple dairy consumable in India, the demand for liquid milk is owed to the increasing population of the country. Apart from milk, its processed and packaged products like butter, curd and paneer account for a large majority of the dairy market. The advent of COVID-19 pandemic forced a majority of the population to opt for online shopping which was a boon to the dairy market. Widespread lockdowns and a rekindled affinity to online cooking recipes have fueled the demand for dairy products even during such times.
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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. |
The curd and yoghurt market segment contributed around *** billion Indian rupees towards the dairy industry in India in the financial year 2017. On the contrary, cheese had the lowest market value in the dairy industry.
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The Indian dairy market, a significant contributor to the nation's economy, is experiencing robust growth fueled by rising disposable incomes, changing consumer preferences towards convenient and value-added dairy products, and increasing health consciousness. The market, segmented by product type (butter, cheese, cream, dairy desserts, milk, sour milk drinks, yogurt) and distribution channel (off-trade and on-trade), shows a strong preference for processed and packaged dairy products, driven by factors such as enhanced shelf life and hygiene. Key players like Britannia Industries, Mother Dairy, and Amul are capitalizing on this trend through strategic product diversification and expansion into new markets. The growth is further propelled by the government's initiatives supporting dairy farming and the processing industry. While challenges such as fluctuating milk prices and seasonal variations in milk production persist, the overall market outlook remains positive. The forecast period (2025-2033) anticipates sustained growth, with a predicted CAGR (Compound Annual Growth Rate) – let's assume a conservative estimate of 8% based on industry trends and considering factors like increasing urbanization and the rise of the organized retail sector. This growth will be driven by the increasing demand for convenient and healthier dairy options, including flavored milk, yogurt, and cheese. The expansion of e-commerce and the rising popularity of online grocery shopping are further contributing to market expansion. However, potential restraints include the need for improved cold chain infrastructure to maintain product quality across the vast geographical expanse of India and competitive pricing pressures from various smaller regional players. A focus on sustainable farming practices and the adoption of innovative technologies will be crucial for long-term market success. 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 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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The India Dairy report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.
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The Indian skimmed evaporated milk market is poised for significant growth by 2029, driven by increasing consumer demand for convenient and shelf-stable dairy products. Rising disposable incomes, urbanization, and changing dietary habits are key factors contributing to this expansion. The market is segmented by application (primarily in confectionery, bakery, and dairy-based beverages) and type (full-fat, low-fat, and skimmed). While precise figures for 2029 are unavailable, extrapolating from a reasonable assumed CAGR of 5-7% (based on similar dairy product growth in India) and a 2025 market size estimate of ₹25 billion (approximately $3 billion USD), the market could reach ₹35-40 billion (approximately $4.2-$4.8 billion USD) by 2029. This growth will be particularly pronounced in urban areas and regions with a strong presence of food processing industries. However, factors such as fluctuating milk prices, competition from substitute products (like plant-based milks), and potential regulatory changes could pose challenges to sustained growth. The competitive landscape is dynamic, with both established national players and smaller regional brands vying for market share. Strategic partnerships, product innovation (e.g., functionalized skimmed evaporated milk), and efficient supply chain management will be crucial for success in this evolving market. The growth trajectory is expected to be influenced by government initiatives promoting dairy farming and food processing. Focus on improving milk quality and hygiene standards alongside innovative marketing and distribution strategies will also contribute to the market's expansion. Furthermore, the increasing demand for healthier dairy alternatives within the overall dairy sector will potentially drive demand for low-fat and skimmed evaporated milk options specifically. Opportunities exist for companies to cater to niche segments like organic or fortified skimmed evaporated milk to further differentiate their offerings and cater to evolving consumer preferences. By 2029, we can anticipate a more consolidated market with several dominant players, leveraging technology and strong distribution networks to capture market share.
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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%.
This statistic displays the Indian dairy market in 2016, distributed by type. Milk powder and condensed milk accounted for about three percent of the market share, while milk occupied the largest share during the measured time period.
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Discover insights into India dairy products industry outlook up to 2019. Learn about branded players and the impact of rising milk availability on industry growth.
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The Indian low-temperature fresh milk market is poised for significant growth, driven by rising disposable incomes, increasing health consciousness among consumers, and a growing preference for convenient and high-quality dairy products. The market is witnessing a shift towards organized retail channels and branded products, as consumers prioritize food safety and traceability. Technological advancements in milk processing and cold chain infrastructure are also contributing to the market's expansion. While challenges remain, such as maintaining consistent supply chains and addressing infrastructure gaps in certain regions, the overall outlook for the market remains optimistic. We project a robust Compound Annual Growth Rate (CAGR) of 12% between 2025 and 2029, which will lead to substantial market expansion. The increasing demand for premium milk products, including organic and fortified options, is further fueling market growth. This is further bolstered by government initiatives aimed at improving dairy farming practices and enhancing the efficiency of the milk supply chain. Looking specifically at the year 2029, we anticipate a significant increase in market size compared to 2025, driven by the factors mentioned above. Increased consumer awareness of the health benefits of low-temperature processed milk, coupled with the expanding middle class and rising urbanization, will significantly boost demand. Furthermore, the strategic investments in cold chain logistics are mitigating previous challenges related to efficient distribution and storage. We estimate that the strategic focus on product innovation, such as value-added milk products and convenient packaging formats, will enhance market penetration and consumer loyalty. The competitive landscape will likely continue to evolve, with both established players and new entrants vying for market share through strategic partnerships and product diversification. This report provides a comprehensive analysis of the India low-temperature fresh milk market, projecting its trajectory to 2029 and beyond. The study period spans 2019-2033, with 2025 serving as the base and estimated year, and the forecast period encompassing 2025-2033. The historical period covered is 2019-2024. Throughout the report, market values are expressed in million units.
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IMARC Group’s latest report, titled “Dairy Industry in Punjab: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Punjab dairy market. The milk production in Punjab mainly consists of cow and buffalo milk. According to the report, the Punjab dairy market size reached INR 633.3 Billion in 2024. Looking forward, the market is expected to reach INR 1,851.3 Billion by 2033, exhibiting a growth rate (CAGR) of 12.03% during 2025-2033.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024 | INR 633.3 Billion |
Market Forecast in 2033 | INR 1,851.3 Billion |
Market Growth Rate (2025-2033) | 12.03% |
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The India Dairy Market is segmented by Category (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt) and by Distribution Channel (Off-Trade, On-Trade). Market Value in USD and Volume are both presented. Key Data Points observed include Per capita consumption; Population; and Dairy production.