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).

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.

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.

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).

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.

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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 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)

The 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.

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%

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%.

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).

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.

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

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%.

The Asia-Pacific dairy market, encompassing diverse product categories like milk, yogurt, cheese, and butter, is experiencing robust growth, driven by rising disposable incomes, increasing urbanization, and a shift towards Westernized diets across the region. The market's expansion is further fueled by the burgeoning middle class, particularly in countries like India and China, which are experiencing a surge in demand for dairy products. While the precise CAGR is unavailable, industry trends suggest a healthy growth trajectory, exceeding the global average due to factors such as favorable demographics and expanding distribution channels. Growth is particularly evident in segments such as flavored milk and yogurt, reflecting evolving consumer preferences and the introduction of innovative products. However, challenges exist including fluctuating raw material prices, stringent regulatory frameworks, and concerns around food safety and sustainability. These challenges are addressed by major players through strategic partnerships, vertical integration, and investment in advanced processing technologies. The market is fragmented with both international giants and regional players vying for market share. The dominance of key players like Nestle, Fonterra, and Yili indicates a competitive landscape driven by product innovation, brand building, and efficient supply chain management. The competitive landscape demonstrates a blend of established global dairy companies and successful regional players. This competitive dynamic fosters innovation in product offerings, leading to the development of convenient, functional, and value-added dairy products tailored to the preferences of specific consumer segments. Future market expansion will depend on addressing consumer demand for healthier, ethically sourced products. This will likely involve increased adoption of sustainable farming practices and transparent labeling policies. The rise of e-commerce and online retail presents a significant opportunity for market expansion, increasing accessibility to a wider consumer base, particularly in underserved regions. Continued investment in infrastructure and supply chain improvements will be essential to ensure efficient distribution and reduce costs, further driving the market's growth trajectory. Recent developments include: September 2023: China Mengniu acquired organic infant formula producer Bellamy's Australia for USD 1 billion.July 2022: Nestle launched Nescafe Gold Cappuccino ice cream in Malaysia.July 2022: In order to produce fresh milk, infant formula, and cheese, Yili opened a dairy hub in the area where the business is based, in North China.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

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.

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.

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.

The Indian goat evaporated milk market is poised for significant growth in 2029, driven by several key factors. Increasing consumer preference for healthier and nutritious dairy alternatives, coupled with rising disposable incomes and a growing urban population, are fueling demand. Goat milk, known for its digestibility and lower fat content compared to cow's milk, is gaining popularity among health-conscious consumers, particularly those with lactose intolerance. Furthermore, the expanding food processing and dairy industries are actively incorporating goat milk into various products, creating new avenues for market expansion. While challenges remain, such as limited awareness about the benefits of goat milk in certain regions and the need for efficient supply chains, the market's inherent potential is substantial. We project a Compound Annual Growth Rate (CAGR) of 8% for the Indian goat evaporated milk market between 2025 and 2029, based on an analysis of current market dynamics and consumer trends. This growth trajectory is further amplified by government initiatives promoting dairy farming and increasing investments in advanced dairy processing technologies. The competitive landscape is expected to see increased participation from both established dairy players and emerging startups. Innovation in packaging and product diversification, including flavored and enriched goat evaporated milk varieties, will be crucial for success. Regional variations in consumption patterns will necessitate targeted marketing strategies. While the North and West regions currently lead in consumption, focused efforts on market education and distribution network expansion in the South and East will unlock untapped potential. Strategic partnerships with local farmers and distributors are critical for ensuring a stable supply chain and maintaining price competitiveness. Overall, the Indian goat evaporated milk market in 2029 presents a compelling investment opportunity for businesses willing to leverage the market's inherent growth drivers and address the existing challenges proactively.

USD 20.23 Billion in 2024; projected USD 27.03 Billion by 2033; CAGR 3.28%.

The India Milk Protein Market report segments the industry into Form (Concentrates, Hydrolyzed, Isolates) and End User (Animal Feed, Personal Care and Cosmetics, Food and Beverages, Supplements). Get five years of historical data alongside five-year market forecasts.

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%