India Butter Market | Analysis, Trends, COVID-19 IMPACT, Industry, Growth, Forecast, Revenue, Size, Share, Companies & Value

India Butter Market Synopsis

India is the world???s largest producer and consumer of butter, with an estimated annual production of about 1.5 million tonnes. The India market for butter has seen steady growth over the past decade due to increased demand from consumers who are looking for healthier alternatives to other dairy products such as ghee. The growing trend towards veganism has also contributed to increased demand for plant-based butters, particularly in urban areas.

Market Drivers

Growing health awareness among consumers is a major driver of the India Butter Market growth, leading them to opt for healthier food items which contain lower amounts of saturated fats than other dairy products like ghee or cream. Additionally, increasing disposable incomes have enabled consumers to purchase more expensive dairy items such as butter on a regular basis rather than occasional indulgences only available during festivals or special occasions. Furthermore, rising consumption patterns among millennials and working couples are aiding growth in this sector.

Challenges of the Market

One key challenge that hinders further expansion of the India Butter Market is high prices compared to its substitute product Ghee (Clarified butter). This makes it difficult for those living in rural areas or having low disposable incomes to access these products despite their health benefits being widely advertised by manufacturers and retailers alike.. Moreover , there have been several instances where adulteration has taken place adding artificial flavors and colors which affects its quality.

Key Players in the Market

Amul , Mother Dairy, Britannia Industries Ltd., Nestle India Limited , Mahananda Dairy Products Pvt Ltd., Vadilal Industries Ltd., Hatsun Agro Product Ltd., Cream Bell Ice Creams Pvt Ltd., Schreiber Dynamix Dairies Limited etc.

Key Highlights of the Report:

• India Butter Market Outlook
• Market Size of India Butter Market, 2023
• Forecast of India Butter Market, 2030
• Historical Data and Forecast of India Butter Revenues & Volume for the Period 2020-2030
• India Butter Market Trend Evolution
• India Butter Market Drivers and Challenges
• India Butter Price Trends
• India Butter Porter's Five Forces
• India Butter Industry Life Cycle
• Historical Data and Forecast of India Butter Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Cultured Butter for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Uncultured Butter for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Supermarkets/Hypermarkets for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Specialty Stores for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Online Retail Stores for the Period 2020-2030
• Historical Data and Forecast of India Butter Market Revenues & Volume By Other Distribution Channels for the Period 2020-2030
• India Butter Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• India Butter Top Companies Market Share
• India Butter Competitive Benchmarking By Technical and Operational Parameters
• India Butter Company Profiles
• India Butter Key Strategic Recommendations