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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 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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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.
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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 Category (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt), by Distribution Channel (Off-Trade, On-Trade) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Pakistan, South Korea). 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 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.
Dairy Food Market Size 2025-2029
The dairy food market size is forecast to increase by USD 96.1 billion, at a CAGR of 2.2% between 2024 and 2029.
The market is experiencing significant growth, driven by the rising adoption of healthy food habits among consumers. This trend is particularly prominent in the US, where there is a growing preference for nutritious and natural food options. Another key factor fueling market growth is the increasing demand for online retail, which is transforming the way consumers purchase dairy products. However, the market also faces challenges, such as distribution difficulties in the packaged food and beverages sector. These challenges arise due to the perishable nature of dairy products and the need for efficient and timely delivery to maintain product quality. Overall, the market is expected to continue growing, driven by consumer preferences for healthier options and the convenience of online retail.
What will be the Size of the Dairy Food Market During the Forecast Period?
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The market encompasses a broad range of products, including milk, yogurt, cheese, spreads, and ice creams. This market exhibits strong growth, driven by consumer preferences for nutritious and convenient food options. Dairy products are rich in essential nutrients such as calcium, vitamins, and bioactive peptides, making them a staple in many diets. Fonterra, Danone, Arla Foods, and other leading players continue to innovate, introducing new product lines with added health benefits, such as conjugated linoleic acid, antioxidants, and probiotic bacteria. The industry faces challenges, however, including a global labor shortage and the increasing popularity of online retail channels.
Fermented dairy products, like yogurt and cheese, are gaining traction due to their probiotic properties and association with gut health. Consumers are also seeking out organic and natural options, driving demand for products free from artificial additives and preservatives. Market size is significant, with milk and cheese being the largest segments. The yogurt and ice cream markets are also experiencing steady growth, fueled by consumer preferences for these indulgent treats. Overall, the dairy food industry is expected to continue its upward trajectory, driven by evolving consumer trends and innovative product offerings.
How is this Dairy Food Industry segmented and which is the largest segment?
The dairy food industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
Product
Milk
Cheese
Yogurt
Butter
Others
Distribution Channel
Supermarkets
Convenience stores
Online
Type
Lactose
Lactose-free
Geography
APAC
China
India
Japan
North America
Canada
US
Europe
Germany
UK
France
Italy
South America
Middle East and Africa
By Product Insights
The milk segment is estimated to witness significant growth during the forecast period.
The market encompasses milk, yogurt, cheese, spreads, and ice creams, providing essential nutrients such as calcium, vitamin B12, iodine, potassium, phosphorus, and vitamin B2. Milk, particularly important for bone health, is recommended for women due to their higher risk of osteoporosis. Organic milk offers additional benefits, including omega-3 fatty acids and the absence of pesticides and antibiotics. The dairy industry includes milk from cattle, sheep, goat, and camel segments. Nutritional dairy products cater to lactose-intolerant consumers through lactose-free and lactose-free alternatives like Lactose-free milk, Skyr yogurt, and Milkymist. Sustainable dairy production and functional dairy products, such as fermented dairy products, fortified with vitamins, bioactive peptides, specific proteins, conjugated linoleic acid, antioxidants, organic acids, and minerals, are gaining popularity.
Companies like Fonterra, Danone, Arla Foods, and Yum Brands are key players in this market. Online retail, supermarkets/hypermarkets, convenience stores, and Starbucks Corporation's oat milk-based beverage are major distribution channels. Dairy production faces challenges like labor shortage and milk oversupply. The market is expected to grow due to the increasing demand for premium dairy products and personalized dairy products.
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The milk segment was valued at USD 273.90 billion in 2019 and showed a gradual increase during the forecast period.
Regional Analysis
APAC is estimated to contribute 41% to the growth of the global market during the forecast period.
Technavio's analysts have elaborately explained the regional trend
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The global functional dairy products market size reached a valuation of US$ 44 billion in 2023. The market is projected to exhibit growth at a CAGR of 4.5% during 2023 to 2033. The market is likely to reach US$ 67.1 billion by 2033.
Attributes | Key Statistics |
---|---|
Global Functional Dairy Products Market Estimated Size (2023E) | US$ 44 billion |
Projected Market Valuation (2033F) | US$ 67.1 billion |
Value-based CAGR (2023 to 2033) | 4.5% |
Collective Value Share: Top 3 Countries | 33.8% |
Scope of the Report
Attribute | Details |
---|---|
Estimated Market Size (2023) | US$ 44 billion |
Projected Market Valuation (2033) | US$ 67.1 billion |
Value-based CAGR (2023 to 2033) | 4.5% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value (US$ billion) and Volume (MT) |
Key Regions Covered | North America, Latin America, Europe, East Asia, South Asia, and the Middle East & Africa |
Key Countries Covered | United States, Brazil, Mexico, Germany, United Kingdom, China, India, Japan, Australia, and GCC Countries |
Key Segments Covered | Product Type, End Use, Distribution Channel, and Region |
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
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In the 2nd edition of lactose free dairy product market report, FMI analysts has assessed that the sales of lactose free dairy products are going to be valued US$ 13,874.30 million in 2024.
Attributes | Key Insights |
---|---|
Lactose Free Dairy Product Market Size (2024E) | US$ 13,874.30 million |
Market Valuation (2034F) | US$ 23,983.50 million |
Value-based CAGR (2024 to 2034) | 5.6% |
Category-wise Lactose Free Dairy Product Market Analysis
Leading Product Type | Milk |
---|---|
Value Share (2024) | 34.20% |
Leading Form | Liquid |
---|---|
Value Share (2024) | 45.30% |
Global Lactose Free Dairy Product Market Dynamics by Country
Countries | Forecast CAGR (2024 to 2034) |
---|---|
The United States | 5.20% |
Germany | 6.60% |
China | 7.10% |
Japan | 6.40% |
India | 8.40% |
The state of Uttar Pradesh produced the highest amount of milk in India at over 38 million metric tons, followed by Rajasthan in financial year 2024. The total milk production in the country amounted to over 239 million metric tons during the same fiscal year. The oyster of the dairy world India, with the largest population, is one of the leading producers of milk in the world. However, the large population also accounts for most of the consumption of the nation’s produce. The industry comprises of poultry and livestock, with a rising share of poultry inventory over the recent years. The perpetually expanding market requires a prolific rate of production to compete in it, and India is a reckoning force with the production volume of milk displaying a steady growth over the years. Diversified utilization of milk Over the years, the dairy industry has evolved to include a plethora of products. Butter, paneer (an Indian cheese), curd and yoghurt are the building blocks of the processed milk products industry in India. However, in the organized market, butter and cheese dominated the dairy market.
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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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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 Plant Based Milk Market Report is Segmented by Product Type (Almond Milk, Cashew Milk, Coconut Milk, Hazelnut Milk, Oat Milk, and Soy Milk) and Distribution Channel (Off-Trade and On-Trade). The Report Offers the Market Size in Value Terms in USD for all the Abovementioned Segments.
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The UHT milk market in India market size was valued at USD 1306.55 Million Litres in 2024. Looking forward, IMARC Group estimates the market to reach USD 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.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| 1,306.55 Million Liters |
Market Forecast in 2033
| 3,927.35 Million Liters |
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.
Milk production amounted to over 239 million metric tons in fiscal year 2024, up from the previous year's 230 million metric tons. Milk production in the country was slightly increased by nearly four percent compared to the previous year.
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The net worth of the market share of dairy products is predicted to grow from US$ 529.05 billion in 2023 to over US$ 845.50 billion by 2033. The market is expected to register a CAGR of 4.8% from 2023 to 2033.
Attributes | Details |
---|---|
Dairy Products Market Value (2023) | US$ 529.05 billion |
Dairy Products Market Expected Value (2033) | US$ 845.50 billion |
Dairy Products Market Projected CAGR (2023 to 2033) | 4.8% |
Global Dairy Products Market Historical Analysis (2017 to 2022) Vs. Forecast Outlook (2023 to 2033)
Historical CAGR | 5.9% |
---|---|
Historical Market Value (2022) | US$ 504.82 billion |
Forecast CAGR | 4.8% |
Category-wise Insights
Segment | Product Type |
---|---|
Attributes | Milk |
Details (CAGR) | 3.1% |
Market Value | US$ 4144.13 million |
Segment | Product Type |
---|---|
Attributes | Butter |
Details (CAGR) | 3.5% |
Market Value | US$ 23.25 billion |
Segment | Product Type |
---|---|
Attributes | Cheese |
Details (CAGR) | 3.8% |
Market Value | US$ 96.86 billion |
Segment | Distribution Channel |
---|---|
Attributes | Supermarket/Hypermarket Stores |
Details (CAGR) | 3.1% |
Market Value | US$ 272.22 billion |
Segment | Distribution Channel |
---|---|
Attributes | Specialty Stores |
Details (CAGR) | 2.9% |
Market Value | US$ 16.09 billion |
Segment | Distribution Channel |
---|---|
Attributes | Convenience Stores |
Details (CAGR) | 2.8% |
Market Value | US$ 167.18 billion |
Scope of Report
Attribute | Details |
---|---|
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | US$ billion for Value and MT for Volume |
Key Regions Covered |
|
Key Countries Covered | United States, Canada, Brazil, Mexico, Chile, Peru, Germany, United Kingdom, Spain, Italy, France, Russia, Poland, China, India, Japan, Australia, New Zealand, GCC Countries, North Africa, South Africa, and Türkiye |
Key Segments Covered |
|
Key Companies Profiled |
|
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Customization & Pricing | Available upon Request |
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The Report Covers India Dairy Protein Market and is Segmented by Form (Concentrates, Hydrolyzed, Isolates); and by End User (Animal Feed, Personal Care and Cosmetics, Food and Beverages (Bakery, Beverages, Breakfast Cereals, Condiments/Sauces, Dairy and Dairy Alternative Products, RTE/RTC Food Products, and Snacks), and Supplements (Baby Food and Infant Formula, Elderly Nutrition and Medical Nutrition, and Sport/Performance Nutrition)).
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IMARC Group’s latest report, titled “Dairy Industry in West Bengal: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the West Bengal dairy market. The milk production in West Bengal mainly consists of cow and buffalo milk. According to the report, the West Bengal dairy market size reached INR 890.4 Billion in 2024. Looking forward, the market is expected to reach INR 2,658.0 Billion by 2033, exhibiting a growth rate (CAGR) of 12.27% during 2025-2033.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024 | INR 890.4 Billion |
Market Forecast in 2033 | INR 2,658.0 Billion |
Market Growth Rate (2025-2033) | 12.27% |
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The plant-based milk market is on its way to perceive escalation, from US$ 20.1 billion in 2024 up to US$ 47.9 billion by 2034. The industry is forecast to expand at a CAGR of 9.1% between 2024 and 2034, indicating strong vegan milk market growth.
Attributes | Details |
---|---|
Valuation for 2024 | US$ 20.1 billion |
Valuation for 2034 | US$ 47.9 billion |
CAGR from 2024 to 2034 | 9.1% |
Plant-Powered Living with Growth of Veganism
Attributes | Details |
---|---|
Valuation for 2019 | US$ 16.1 billion |
CAGR from 2019 to 2023 | 4.5% |
Category-wise Outlook
Top Segment | Share |
---|---|
Soy Milk | 34% |
Top Segment | Share |
---|---|
Powder | 19% |
Country-wise Analysis
Nation | United States |
---|---|
CAGR (2024 to 2034) | 8.5% |
Country | Germany |
---|---|
CAGR (2024 to 2034) | 11.5% |
Nation | India |
---|---|
CAGR (2024 to 2034) | 9.8% |
Nation | China |
---|---|
CAGR (2024 to 2034) | 5.9% |
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IMARC Group’s latest report, titled “Dairy Industry in Delhi: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Delhi dairy market. The milk production in Delhi mainly consists of buffalo milk and cow milk. According to the report, the Delhi dairy market size reached INR 804 Billion in 2024. Looking forward, the market is expected to reach INR 1,938 Billion by 2033, exhibiting a growth rate (CAGR) of 10.3% during 2025-2033.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
| 2025-2033 |
Historical Years
| 2019-2024 |
Market Size in 2024
| INR 804 Billion |
Market Forecast in 2033
| INR 1,938 Billion |
Market Growth Rate 2025-2033 | 10.3% |
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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.