Chat with us, powered by LiveChat
Procurement Resource Thumbnail Book Image

Indian Dairy Industry Report: Regional Analysis; Key Segmentation and Scope; Industry Opportunities and Challenges; Market Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Price Analysis; Trade Analysis; Industry Events and Developments; Competitive Landscape, 2022-2027

Dairy Industry Market Outlook


The Procurement Resource Indian Dairy industry report broadly studies the critical divisions, drivers, and restraints. The report also studies Indian dairy market trends, economically driven landscape, and other significant market traits.

The total Indian Dairy market size was around INR 13105.52 billion in 2021. Moreover, growing at a CAGR of around 15.40% during the time frame of 2022-2027, the expected market size in 2027 is likely to hold a value of about INR 30952.02 billion.

As the food and beverage industry employs dairy extensively, the food beverage industry is expanding. The Indian dairy market in Uttar Pradesh, followed by Rajasthan, Gujarat, and Punjab, is leading in the region. Being the largest producer Uttar Pradesh, is contributing to the region's market's expansion.

Introduction of Indian Dairy Industry: Definition of the Market and its Divisions

Harvesting and processing animal milk products are essential in the Indian dairy market. The milk can be derived from mammals like cows, goats, buffaloes, and camels. Dairy products like cheese, milk, butter etc., are the main by-products of milk. These are rich in protein, calcium, potassium, and vitamin D.

The Dairy industry report comprises segments by Product (Liquid Milk (Camel, Cow, and Goat), A2 Milk, Organic Milk, UHT Milk, Flavoured Milk, Curd (, Pouch, Cup), Butter Milk (Chach), Lassi, Cheese, Butter, Flavoured and Frozen Yoghurts, Probiotic Dairy Products, Paneer, Khoya, Ghee, Dairy Whitener, Ice-Cream, Dairy Sweets, Cream, Skimmed Milk Powder, Whey, Milk Shake, and Sweet Condensed Milk), and Region (India (Central, West, South, North, East).

Uttar Pradesh, followed by Rajasthan, Gujarat, and Punjab Regions are driving the Indian Dairy Market Growth

Uttar Pradesh, followed by Rajasthan, Gujarat, and Punjab, are the leading regions in the dairy processing industry owing to the importance of the areas in animal husbandry and high rate of consumption. This is leading to the regions to hold maximum Indian dairy market share.

The increasing focus on bettering the milk production per animal is the primary factor driving the Indian dairy market growth. A massive population of people depend on the dairy farms for income and employment, which is also essential to the country's economic development. Many sections of the population, like landless, marginal, and small farmers, participate in milk production activities, thus propelling the industry.

Hence, there is high potential of growth for Indian dairy market, thus resulting in higher export volumes. In addition, the Indian Government also introduced several programs to increase production in the country, encouraging rural producers through specific initiatives and schemes, further contributing to the market's growth.

The Production of Milk By-Products Explained

Products including dahi, shrikhand, mishti doi, lassilassi and chaas are produced from several fermentation processes. About 7–9% of the whole milk production is used for creating curd, which is directly consumed. Other variants of the same product are Shrikhand and Mishti Doi.

Furthermore, lassi sweet buttermilk enjoyed in the Northern part of India is industrially produced through ultra-high-temperature processing. The process of additive coagulation makes paneer and chhena. These are the following by-products created and consumed in the country, propelling the Indian dairy market.

The food and Beverage Sector's employment of the product, Further Bolsters the Dairy market in India.

The high population of dairy herds is aiding the Indian dairy market development. Furthermore, the food and beverage sector's extensive demand for the product further propels the importance of the dairy industry in India. In addition, the growing focus on a better harvesting system, which will lead to better productivity, is furthering the industry's outlook.

Other crucial factors like the rising population, and growing disposable income of the consumers, as a result of the country's developing economy, are boosting the industry growth. Also, the entry of national and international private players further aids the industry growth.

Products including yoghurt, cheese, probiotic drinks, etc. that cater to consumer need offered by private companies are augmenting the Indian dairy market demand. As a result, the market will witness newer growth opportunities in the market.

Challenges of the Indian dairy industry: However, the lack of awareness regarding quality feed will likely hinder the market growth.

North, West and Central, South, and East parts of India are the significant areas in the respective market.

Indian Dairy Key Players Participating in the Industry

  • Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF)
  • Rajasthan Cooperative Dairy Federation Ltd (RCDF)
  • Sterling Agro Industries Limited
  • Britannia Industries Ltd.
  • Karnataka Co-operative Milk Producers Federation Limited (KMF)

Competition in the dairy industry in India

Indian Dairy market growth is a crucial contributor to the country's economic growth, but the existing market is still highly unorganized, fragmented, and lacks technological advancements. The local milkmen sell raw or unprocessed milk to consumers and other vendors in the unorganized sector of the industry. In the organized sector, there is a presence of various private cooperatives. Despite rural production, multiple private vital players have also emerged in the region.

Recent Market News in the Indian Dairy Market

  • DEC 18, 2021, The Karnataka Cooperative Milk Producers' Federation Limited (KMF) announced that surprise inspections would be conducted throughout the state and that product authentication of Nandini products would go into effect as a result of the discovery of thousands of kilogrammes of fake Nandini ghee during a raid on a Mysuru godown.
  • Jul 04, 2022, Britannia Industries Ltd. Current market price is INR 3582.5.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Market Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Indian Dairy Market Snapshot
7    Industry Opportunities and Challenges
8    Indian Milk Market Overview

    8.1    India Milk and Milk Products Historical Market (2017-2021) 
    8.2    India Milk and Milk Products Market Forecast (2022-2027)
    8.3    India Milk Production by Cows and Buffaloes
    8.4    Milk Utilization Patterns in India
9    Indian Dairy Market Analysis
    9.1    Key Industry Highlights
    9.2    Indian Dairy Historical Market (2017-2021) 
    9.3    Indian Dairy Market Forecast (2022-2027)
    9.4    Structure of the Indian Dairy Industry
    9.5    Indian Dairy Market by Product
        9.5.1    Liquid Milk
            9.5.1.1    Market Share
            9.5.1.2    Historical Trend (2017-2021)
            9.5.1.3    Forecast Trend (2022-2027)
            9.5.1.4    Breakup by Type
                9.5.1.4.1    Cow Milk
                9.5.1.4.2    Goat Milk
                9.5.1.4.3    Camel Milk
            9.5.1.5    Breakup by States 
            9.5.1.6    Breakup by Key Players
        9.5.2    UHT Milk
            9.5.2.1    Market Share
            9.5.2.2    Historical Trend (2017-2021)
            9.5.2.3    Forecast Trend (2022-2027)
            9.5.2.4    Breakup by States 
            9.5.2.5    Breakup by Key Players
        9.5.3    A2 Milk
            9.5.3.1    Market Share
            9.5.3.2    Historical Trend (2017-2021)
            9.5.3.3    Forecast Trend (2022-2027)
            9.5.3.4    Breakup by States 
            9.5.3.5    Breakup by Key Players
        9.5.4    Organic Milk
            9.5.4.1    Market Share
            9.5.4.2    Historical Trend (2017-2021)
            9.5.4.3    Forecast Trend (2022-2027)
            9.5.4.4    Breakup by States 
            9.5.4.5    Breakup by Key Players
        9.5.5    Flavoured Milk
            9.5.5.1    Market Share
            9.5.5.2    Historical Trend (2017-2021)
            9.5.5.3    Forecast Trend (2022-2027)
            9.5.5.4    Breakup by States 
            9.5.5.5    Breakup by Key Players
        9.5.6    Curd
            9.5.6.1    Market Share
            9.5.6.2    Historical Trend (2017-2021)
            9.5.6.3    Forecast Trend (2022-2027)
            9.5.6.4    Breakup by Type 
                9.5.6.4.1    Cup Curd
                9.5.6.4.2    Pouch Curd
            9.5.6.5    Breakup by States 
            9.5.6.6    Breakup by Key Players
        9.5.7    Lassi
            9.5.7.1    Market Share
            9.5.7.2    Historical Trend (2017-2021)
            9.5.7.3    Forecast Trend (2022-2027)
            9.5.7.4    Breakup by States 
            9.5.7.5    Breakup by Key Players
        9.5.8    Butter Milk (Chach)
            9.5.8.1    Market Share
            9.5.8.2    Historical Trend (2017-2021)
            9.5.8.3    Forecast Trend (2022-2027)
            9.5.8.4    Breakup by States 
            9.5.8.5    Breakup by Key Players
        9.5.9    Flavoured and Frozen Yoghurts
            9.5.9.1    Market Share
            9.5.9.2    Historical Trend (2017-2021)
            9.5.9.3    Forecast Trend (2022-2027)
            9.5.9.4    Breakup by States 
            9.5.9.5    Breakup by Key Players
        9.5.10    Cheese
            9.5.10.1    Market Share
            9.5.10.2    Historical Trend (2017-2021)
            9.5.10.3    Forecast Trend (2022-2027)
            9.5.10.4    Breakup by States 
            9.5.10.5    Breakup by Key Players
        9.5.11    Probiotic Dairy Products
            9.5.11.1    Market Share
            9.5.11.2    Historical Trend (2017-2021)
            9.5.11.3    Forecast Trend (2022-2027)
            9.5.11.4    Breakup by States 
            9.5.11.5    Breakup by Key Players
        9.5.12    Butter
            9.5.12.1    Market Share
            9.5.12.2    Historical Trend (2017-2021)
            9.5.12.3    Forecast Trend (2022-2027)
            9.5.12.4    Breakup by States 
            9.5.12.5    Breakup by Key Players
        9.5.13    Ghee
            9.5.13.1    Market Share
            9.5.13.2    Historical Trend (2017-2021)
            9.5.13.3    Forecast Trend (2022-2027)
            9.5.13.4    Breakup by States 
            9.5.13.5    Breakup by Key Players
        9.5.14    Paneer
            9.5.14.1    Market Share
            9.5.14.2    Historical Trend (2017-2021)
            9.5.14.3    Forecast Trend (2022-2027)
            9.5.14.4    Breakup by States 
            9.5.14.5    Breakup by Key Players
        9.5.15    Khoya
            9.5.15.1    Market Share
            9.5.15.2    Historical Trend (2017-2021)
            9.5.15.3    Forecast Trend (2022-2027)
            9.5.15.4    Breakup by States 
            9.5.15.5    Breakup by Key Players
        9.5.16    Dairy Whitener
            9.5.16.1    Market Share
            9.5.16.2    Historical Trend (2017-2021)
            9.5.16.3    Forecast Trend (2022-2027)
            9.5.16.4    Breakup by States 
            9.5.16.5    Breakup by Key Players
        9.5.17    Skimmed Milk Powder
            9.5.17.1    Market Share
            9.5.17.2    Historical Trend (2017-2021)
            9.5.17.3    Forecast Trend (2022-2027)
            9.5.17.4    Breakup by States 
            9.5.17.5    Breakup by Key Players
        9.5.18    Ice-Cream
            9.5.18.1    Market Share
            9.5.18.2    Historical Trend (2017-2021)
            9.5.18.3    Forecast Trend (2022-2027)
            9.5.18.4    Breakup by States 
            9.5.18.5    Breakup by Key Players
        9.5.19    Dairy Sweets
            9.5.19.1    Market Share
            9.5.19.2    Historical Trend (2017-2021)
            9.5.19.3    Forecast Trend (2022-2027)
            9.5.19.4    Breakup by States 
            9.5.19.5    Breakup by Key Players
        9.5.20    Cream
            9.5.20.1    Market Share
            9.5.20.2    Historical Trend (2017-2021)
            9.5.20.3    Forecast Trend (2022-2027)
            9.5.20.4    Breakup by States 
            9.5.20.5    Breakup by Key Players
        9.5.21    Whey
            9.5.21.1    Market Share
            9.5.21.2    Historical Trend (2017-2021)
            9.5.21.3    Forecast Trend (2022-2027)
            9.5.21.4    Breakup by States 
            9.5.21.5    Breakup by Key Players
        9.5.22    Milk Shake
            9.5.22.1    Market Share
            9.5.22.2    Historical Trend (2017-2021)
            9.5.22.3    Forecast Trend (2022-2027)
            9.5.22.4    Breakup by States 
            9.5.22.5    Breakup by Key Players
        9.5.23    Sweet Condensed Milk
            9.5.23.1    Market Share
            9.5.23.2    Historical Trend (2017-2021)
            9.5.23.3    Forecast Trend (2022-2027)
            9.5.23.4    Breakup by States 
            9.5.23.5    Breakup by Key Players
    9.6    Indian Dairy Market by Region
        9.6.1    Market Share
            9.6.1.1    North India
            9.6.1.2    West and Central India
            9.6.1.3    South India
            9.6.1.4    East India
10    Regional Analysis
    10.1    North India
        10.1.1    Historical Trend (2017-2021)
        10.1.2    Forecast Trend (2022-2027)
    10.2    West and Central India
        10.2.1    Historical Trend (2017-2021)
        10.2.2    Forecast Trend (2022-2027
    10.3    South India
        10.3.1    Historical Trend (2017-2021)
        10.3.2    Forecast Trend (2022-2027)
    10.4    East India
        10.4.1    Historical Trend (2017-2021)
        10.4.2    Forecast Trend (2022-2027)
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    11.2    Porter’s Five Forces Analysis
        11.2.1    Supplier’s Power
        11.2.2    Buyers Power
        11.2.3    Threat of New Entrants
        11.2.4    Degree of Rivalry
        11.2.5    Threat of Substitutes
    11.3    PESTEL Analysis
        11.3.1    Political
        11.3.2    Economic
        11.3.3    Social
        11.3.4    Legal
        11.3.5    Environmental
        11.3.6    Technological
    11.4    Key Indicators for Demand
    11.5    Key Indicators for Price
12    Value Chain Analysis
13    Trade Analysis

    13.1    Major Exporting Countries 
        13.1.1    By Volume
        13.1.2    By Value
    13.2    Major Importing Countries
        13.2.1     Volume
        13.2.2    By Value
14    Price Analysis
15    Indian Dairy Market: Procurement and Distribution

    15.1    Procurement
        15.1.1    Milk Procurement Model: Cooperatives and Private Dairies
            15.1.1.1    Milk Production at Village Level
            15.1.1.2    Milk Collection at Collection Centres
            15.1.1.3    Transportation and Processing
        15.1.2    Incentives by Milk Processers to Farmers for Milk Collection
            15.1.2.1    Compensation
            15.1.2.2    Bonus
            15.1.2.3    Insurance
            15.1.2.4    Loans
            15.1.2.5    Health Check-ups and Medical Facilities
            15.1.2.6    Subsidized Cattle Feed and Seeds
            15.1.2.7    Other Incentives
        15.1.3    Procurement Prices of Milk in India
        15.1.4    Challenges of Milk Procurement in India
    15.2    Distribution
        15.2.1    Milk and Milk Products Distribution: Cooperatives and Private Dairies
            15.2.1.1    Manufacturing Plant: Product Processing, Packaging and Delivery
            15.2.1.2    Distributors
            15.2.1.3    Retailers
            15.2.1.4    Retail Parlors
            15.2.1.5    Door Delivery Systems
            15.2.1.6    Cash and Carry
        15.2.2    Selling Prices of Milk in India
        15.2.3    Distributor and Retailer Margins
        15.2.4    Challenges of Milk Distribution in India
16    Competitive Landscape
    16.1    Market Structure
    16.2    Key Players’ Market Share
    16.3    Company Profiles
        16.3.1    Dairy Cooperatives
            16.3.1.1    Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF)
                16.3.1.1.1    Company Overview
                16.3.1.1.2    Product Portfolio
                16.3.1.1.3    Demographic Reach and Achievements
                16.3.1.1.4    Financial Summary
                16.3.1.1.5    Certifications
            16.3.1.2    Karnataka Co-operative Milk Producers Federation Limited (KMF)
                16.3.1.2.1    Company Overview
                16.3.1.2.2    Product Portfolio
                16.3.1.2.3    Demographic Reach and Achievements
                16.3.1.2.4    Financial Summary
                16.3.1.2.5    Certifications
            16.3.1.3    Rajasthan Cooperative Dairy Federation Ltd (RCDF)
                16.3.1.3.1    Company Overview
                16.3.1.3.2    Product Portfolio
                16.3.1.3.3    Demographic Reach and Achievements
                16.3.1.3.4    Financial Summary
                16.3.1.3.5    Certifications
            16.3.1.4    Mother Dairy Fruits & Vegetables Pvt Limited
                16.3.1.4.1    Company Overview
                16.3.1.4.2    Product Portfolio
                16.3.1.4.3    Demographic Reach and Achievements
                16.3.1.4.4    Financial Summary
                16.3.1.4.5    Certifications
            16.3.1.5    Punjab State Cooperative Milk Producers’ Federation Limited (MILKFED)
                16.3.1.5.1    Company Overview
                16.3.1.5.2    Product Portfolio
                16.3.1.5.3    Demographic Reach and Achievements
                16.3.1.5.4    Financial Summary
                16.3.1.5.5    Certifications
            16.3.1.6    Orissa State Cooperative Milk Producers Federation Ltd (OMFED)
                16.3.1.6.1    Company Overview
                16.3.1.6.2    Product Portfolio
                16.3.1.6.3    Demographic Reach and Achievements
                16.3.1.6.4    Financial Summary
                16.3.1.6.5    Certifications
            16.3.1.7    Maharashtra Rajya Sahakari Dudh Mahasangh Maraydit (Mahasangh)
                16.3.1.7.1    Company Overview
                16.3.1.7.2    Product Portfolio
                16.3.1.7.3    Demographic Reach and Achievements
                16.3.1.7.4    Financial Summary
                16.3.1.7.5    Certifications
            16.3.1.8    Others
        16.3.2    Private Dairies
            16.3.2.1    Britannia Industries Ltd.
                16.3.2.1.1    Company Overview
                16.3.2.1.2    Product Portfolio
                16.3.2.1.3    Demographic Reach and Achievements
                16.3.2.1.4    Financial Summary
                16.3.2.1.5    Certifications
            16.3.2.2    Sterling Agro Industries Limited
                16.3.2.2.1    Company Overview
                16.3.2.2.2    Product Portfolio
                16.3.2.2.3    Demographic Reach and Achievements
                16.3.2.2.4    Financial Summary
                16.3.2.2.5    Certifications
            16.3.2.3    Parag Milk Foods Limited.
                16.3.2.3.1    Company Overview
                16.3.2.3.2    Product Portfolio
                16.3.2.3.3    Demographic Reach and Achievements
                16.3.2.3.4    Financial Summary
                16.3.2.3.5    Certifications
            16.3.2.4    Nestle India Limited
                16.3.2.4.1    Company Overview
                16.3.2.4.2    Product Portfolio
                16.3.2.4.3    Demographic Reach and Achievements
                16.3.2.4.4    Financial Summary
                16.3.2.4.5    Certifications 
            16.3.2.5    VRS Foods Limited
                16.3.2.5.1    Company Overview
                16.3.2.5.2    Product Portfolio
                16.3.2.5.3    Demographic Reach and Achievements
                16.3.2.5.4    Financial Summary
                16.3.2.5.5    Certifications 
            16.3.2.6    Others
17    Industry Events and Developments

Request Sample
Key Questions Answered in the Report

The market size was valued at INR 13105.52 billion in 2021.

The market is expected to expand at a CAGR of 15.40% during 2022-2027.

The significant demand for various types of dairy by-products is one of the essential drivers of the Dairy market growth.

The list of dairy companies in Indian dairy market are Companies Covered (Dairy Cooperatives) Karnataka Co-operative Milk Producers Federation Limited (KMF), Mother Dairy Fruits & Vegetables Pvt Limited, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), Punjab State Cooperative Milk Producers' Federation Limited (MILKFED), Rajasthan Cooperative Dairy Federation Ltd (RCDF), and Others and Companies Covered (Private Dairies) Sterling Agro Industries Limited, Parag Milk Foods Limited., VRS Foods Limited, Nestle India Limited, Britannia Industries Ltd., are the key enterprises in the Indian dairy market.

The Uttar Pradesh, followed by Rajasthan, Gujarat, and Punjab regions of the Dairy industry, holds a significant share in the market.

Analyst Review

The value attained by the Indian Dairy market was INR 13105.52 billion in the year 2021, driven by the reliance on the industry for the country's economic development. Aided by the high population of dairy herds, thriving food and beverage sector, the growing focus on a better system of harvesting etc., the expected progress during the Indian dairy market forecast period of 2022-2027, expanding at a CAGR of 15.40% is INR 30952.02 billion by 2027.

Some of the leading players in the industry are Companies Covered (Dairy Cooperatives), Karnataka Co-operative Milk Producers Federation Limited (KMF), Mother Dairy Fruits & Vegetables Pvt Limited, Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), Punjab State Cooperative Milk Producers' Federation Limited (MILKFED), Rajasthan Cooperative Dairy Federation Ltd (RCDF), and Others and Companies Covered (Private Dairies) Sterling Agro Industries Limited, Parag Milk Foods Limited., VRS Foods Limited, Nestle India Limited, Britannia Industries Ltd., are some of the prominent companies in the market.

Procurement Resources' team uses a blend of cutting-edge analytical tools and their knowledge to explore the macro and micro aspects of the industry.

Compare test & Choose the Right Report Version for You

Why Procurement Resource?

RIGHT PEOPLE

At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.

RIGHT METHODOLOGY

We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.

RIGHT PRICE

Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.

RIGHT SUPPORT

Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.

Similar Reports
Global HEOR Service Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.

Read More
Global Nutmeg Industry Report: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.

Read More
Global Artificial Intelligence Market: Size, Trend, Analysis and Forecast 2022-2027

Email Delivery   Price: $ 999.00

The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.

Read More

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences which help us to enhance our services. For further information review our Privacy Policy