India Dairy Products Market size is expected to reach nearly US$ 1216.57 Mn by 2027 with the CAGR of 7.13% during the forecast period.To Know About The Research Methodology :- Request Free Sample Report
India Dairy Products Market Overview:
India ranks 1st among the world’s milk-producing countries since 1998 & has the major bovine population in the world. Milk procurement in India over the period 1950-51 to 2017-18, has improved from 17 MT to 176.4 MT equated to 165.4 MT during 2018- 19 recording a growth of 6.65 percent. MMR reported 1.46 percent rise in world milk procurement from 800.2 MT in the year 2018 to 811.9 MT in the year 2019. The per capita accessibility of milk in the country which was 130 gm. per day during 1950-51 has improved to 374 gm. per day in the year 2018-19 as against the world projected average consumption of 294 gm. per day during 2019. This represents constantdevelopment in the accessibility of milk and milk products for our growing population. World’s top 10 milk producing nations (2021):Trends of Milk production: Dairying has become a vital minor source of income for millions of rural people & have expected the most important role in providing employment & income making opportunities, mainly for marginal & women farmers. Most of the milk is produced by animals raised by small, marginal farmers & landless laborers. The supportive milk unions jointly procured an average of 507.69 lakh kg of milk/day in the year 2018-19 as compared to 475.29 lakh kg / day in the last year, with a growth of around 7 percent. The sales of liquid milk touched 354.53 lakh liters/day, which is slightly higher than that in the year 2017-18. As on March 2019, the overall number of women supporters in dairy cooperatives throughout the country was 5.06 Mn, representing nearly 30 percent of the total membership.
Export Trends for Dairy Products of India:
In India, milk procurement is rising by 6.4 percent during the past 5 years and has improved from 146.3 MT in the year 2014-15 to 187.7 MT in the year 2018-19. However, India exports a comparatively smaller volume of dairy products & has a minor share in the overall dairy trade despite being the major milk maker in the world. Dairy products exported from India are mostly Skimmed Milk Powder, butter, butter oil, cheese, and ghee & buttermilk. Skimmed Milk Powder has a share of about 30 percent in the exports of dairy products from India. The key export countries for dairy products are Turkey, UAE, Egypt, Bangladesh, Bhutan, the US, Saudi Arabia & Malaysia.India’s dairy products exports (2014-15 to 2019-20):
Major Milk Producing States of India in 2020-21:
Cheese Market in India: The world’s key cheese markets are Europe & North America which are currently saturated, this condition that is convincing manufacturers to look beyond these markets, like to Japan & Russia, which are now major importers, & to markets like India. The Indian cheese market is anticipated to grow at roughly 18 to 19 percent annually over 2018-2023. India’s cheese market is one of the fastest increasing sectors among dairy products. Current cheese volumes are about 65,000 MTs & are estimated to reach 91,700 MTs by the year 2020. The spurt will be led by robust development in India’s fast-food market motivated by pizzas, burgers, sandwiches, etc. Product-wise, worldwide more than 3,000 diversities of cheese are offered for consumption, whereas only around 30 to 40 alternatives are marketed in India. This presents enormous opportunities for global & domestic players. Domestic players can collaborate with producers in Europe & North America to carry a new range to the Indian Cheese market, also global brands can launch themselves with the support of countrywide players. The report covers Milk, Cheese,analysis, with detailed analysis India Dairy Products Market industry with the classifications of the market on the, Product, Distribution Channel, & region. Analysis of past market dynamics from 2017 to 2021 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players' contribution in it. The report has profiled key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimation the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw Products, labor cost, availability of advanced Plastic Product, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in five regions. The major country’s policies about manufacturing &COVID 19 impact on demand side are covered in the report.
India Dairy Products Market Scope: Inquire before buying
India Dairy Products Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2027 Historical Data: 2017 to 2021 Market Size in 2021: US $ 804.77 Mn. Forecast Period 2022 to 2027 CAGR: 7.13% Market Size in 2027: US $ 1216.57 Mn. Segments Covered: by Product • Milk • Cheese by Distribution Channel • Hypermarkets • Supermarkets • Online India Dairy Products Market Major Players
• Nestle • Lactalis • Danone • Fonterra • Dairy Farmers of America • FrieslandCampina • Arla FoodsSaputo • Dean Foods • Yili • Mengniu • Unilever • Sodiaal • DMK • Savencia • Kraft Foods • Meiji • Schreiber Foods • Land O’Lakes • Muller Frequently Asked Questions: 1. Which region has the largest share in India Dairy Products Market? Ans: North India region holds the highest share in 2021. 2. What is the growth rate of India Dairy Products Market? Ans: The India Dairy Products Market is growing at a CAGR of 7.13% during forecasting period 2022-2027. 3. What is scope of the India Dairy Products market report? Ans: India Dairy Products Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in India Dairy Products market? Ans: The important key players in the India Dairy Products Market are – Nestle, Lactalis, Danone, Fonterra, Dairy Farmers of America, FrieslandCampina, Arla FoodsSaputo, Dean Foods, Yili, Mengniu, Unilever, Sodiaal, DMK, Savencia, Kraft Foods, Meiji, Schreiber Foods, L and O’Lakes, Muller. 5. What is the study period of this market? Ans: The India Dairy Products Market is studied from 2021 to 2027.
India Dairy Products Market
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: India Dairy Products Market Size, by Market Value (US$ Mn) 3.1. India Market Segmentation 3.2. India Market Segmentation Share Analysis, 2021 3.3. Geographical Snapshot of the Dairy Products Market 3.4. Geographical Snapshot of the Dairy Products Market, By Manufacturer share 4. India Dairy Products Market Overview, 2021-2027 4.1. Market Dynamics 4.1.1. Drivers 4.1.2. Restraints 4.1.3. Opportunities 4.1.4. Challenges 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the India Dairy Products Market 5. Supply Side and Demand Side Indicators 6. India Dairy Products Market Analysis and Forecast, 2021-2027 6.1. India Dairy Products Market Size & Y-o-Y Growth Analysis. 7. India Dairy Products Market Analysis and Forecasts, 2021-2027 7.1. Market Size (Value) Estimates & Forecast By Product, 2021-2027 7.1.1. Milk 7.1.2. Cheese 7.2. Market Size (Value) Estimates & Forecast By Distribution Channel, 2021-2027 7.2.1. Hypermarkets 7.2.2. Supermarkets 7.2.3. Online 8. Competitive Landscape 8.1. Geographic Footprint of Major Players in the India Dairy Products Market 8.2. Competition Matrix 8.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Distribution Channels and R&D Investment 8.2.2. New Product Launches and Product Enhancements 8.2.3. Market Consolidation 8.2.3.1. M&A by Regions, Investment and Verticals 8.2.3.2. M&A, Forward Integration and Backward Integration 8.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 8.3. Company Profile : Key Players 8.3.1. Nestle. 8.3.1.1. Company Overview 8.3.1.2. Financial Overview 8.3.1.3. Geographic Footprint 8.3.1.4. Product Portfolio 8.3.1.5. Business Strategy 8.3.1.6. Recent Developments 8.3.2. Lactalis 8.3.3. Danone 8.3.4. Fonterra 8.3.5. Dairy Farmers of America 8.3.6. FrieslandCampina 8.3.7. Arla FoodsSaputo 8.3.8. Dean Foods 8.3.9. Yili 8.3.10. Mengniu 8.3.11. Unilever 8.3.12. Sodiaal 8.3.13. DMK 8.3.14. Savencia 8.3.15. Kraft Foods 8.3.16. Meiji 8.3.17. Schreiber Foods 8.3.18. Land O’Lakes 8.3.19. Muller 9. Primary Key Insights