Market Forecast By Type (Natural, Processed), By Product (Mozzarella, Cheddar, Feta, Parmesan, Roquefort, Others), By Source (Cow Milk, Sheep Milk, Goat Milk, Buffalo), By Distribution Channel (Hypermarkets, Supermarkets, Food Specialty Stores, Convenience Stores, Others) And Competitive Landscape
Product Code: ETC180283 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Cheese market currently, in 2023, has witnessed an HHI of 1584, Which has decreased slightly as compared to the HHI of 1888 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | India Cheese Market |
 Base Year | 2022 |
 Historical Period | 2019-2022 |
 Forecast Period | 2023-2029 |
 Growth Rate (CAGR) | 24.8% |
 Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
 Segment Coverage | By Type, By Product, By Source, By Distribution Channel |
 Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
 Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
India Cheese Market report thoroughly covers the market by type, by product, by source and by distribution channel. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Cheese Market is projected to witness a considerable growth over the years on the back of growing popularity of western and fusion dishes, convenience food products, increasing health consciousness among consumers coupled with an expanding middle-class population and rising disposable incomes. Cheese is increasingly used in snacking items such as pizza, burgers etc., which has further propelled its demand in India. Furthermore, product launches in different flavours are also aiding the growth of this sector.
According to 6Wresearch, the Cheese Market size in India is estimated to grow at a CAGR of 24.8% and it will reach INR 262.8 Billion during the forecast period 2023-2029. There are several factors driving the growth of the India cheese market including increased consumption from urban areas due to an increase in disposable incomes; health benefits associated with consuming dairy products such as calcium content; availability of processed cheeses with various flavours; improved distribution channels like e-commerce platforms that allow for wider access across regions; innovative product launches by manufacturers tapping into local tastes; and promotional activities undertaken by players operating in this space. However, the major challenge faced by players operating in this space is high production cost due to limited supply chain infrastructure coupled with inadequate cold storage facilities which lead to wastage during transit or storage stages. Despite these challenges, market has several aspects augmenting the India Cheese Market growth, such as growing retail sector, diversification of cheese products, and growing fast food consumption.
Some of the key players operating in India cheese industry include:
The COVID-19 pandemic had a significant impact on the India Cheese Market which is a part of the Asia Pacific Cheese Market. The complete lockdowns during pandemic imposed to cease the virus spread led to a major disruption in the supply chains, resulted in logistical challenges in the distribution of cheese products. Additionally, the shutdown of restaurants and hotels, which are major consumers of cheese, leading to a reduction in demand for certain cheese varieties. However, despite these challenges, the market experienced a slight growth during the pandemic. As people staying at home and cooking, there was a surge in demand for cheese in retail stores. Nevertheless, the supply restrictions had disrupted the products demand simultaneously market shares.
The Cheese Market share in India has been rising with the support of government policies. For instance, the Indian government has launched several initiatives to support the cheese market. These initiatives primarily emphasise on making sure the continuity of the food supply chain, enhancing food safety standards, and promoting domestic dairy production. Some key government measures like providing financial support to dairy farmers, streamlining regulations for dairy processing units, and promoting investments in the dairy sector to increase cheese production capacity. Furthermore, the government worked on improving food safety standards to cater the increased consumer requirements for safe and premium quality cheese products. This includes stringent monitoring and certification processes to make sure the quality and safety of cheese in the market.
According to Dhaval, Research Manager, 6Wresearch, both types of cheese, including Natural and Processed are experiencing high demand in the market. As natural cheese is often considered as a healthier option because it is less processed, whereas processed cheese is more convenient for certain applications, used more oftenly in restaurants and hotels.
Based on the product Mozzarella and Cheddar have been high in demand traditionally in the India Cheese Market. However, with the changing culinary trends and consumer health keep changing their preferences.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Cheese Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Cheese Market Revenues & Volume, 2023 & 2030F |
3.3 India Cheese Market - Industry Life Cycle |
3.4 India Cheese Market - Porter's Five Forces |
3.5 India Cheese Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 India Cheese Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.7 India Cheese Market Revenues & Volume Share, By Source, 2020 & 2030F |
3.8 India Cheese Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F |
4 India Cheese Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Cheese Market Trends |
6 India Cheese Market, By Types |
6.1 India Cheese Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Cheese Market Revenues & Volume, By Type, 2023 - 2030F |
6.1.3 India Cheese Market Revenues & Volume, By Natural, 2023 - 2030F |
6.1.4 India Cheese Market Revenues & Volume, By Processed, 2023 - 2030F |
6.2 India Cheese Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 India Cheese Market Revenues & Volume, By Mozzarella, 2023 - 2030F |
6.2.3 India Cheese Market Revenues & Volume, By Cheddar, 2023 - 2030F |
6.2.4 India Cheese Market Revenues & Volume, By Feta, 2023 - 2030F |
6.2.5 India Cheese Market Revenues & Volume, By Parmesan, 2023 - 2030F |
6.2.6 India Cheese Market Revenues & Volume, By Roquefort, 2023 - 2030F |
6.2.7 India Cheese Market Revenues & Volume, By Others, 2023 - 2030F |
6.3 India Cheese Market, By Source |
6.3.1 Overview and Analysis |
6.3.2 India Cheese Market Revenues & Volume, By Cow Milk, 2023 - 2030F |
6.3.3 India Cheese Market Revenues & Volume, By Sheep Milk, 2023 - 2030F |
6.3.4 India Cheese Market Revenues & Volume, By Goat Milk, 2023 - 2030F |
6.3.5 India Cheese Market Revenues & Volume, By Buffalo, 2023 - 2030F |
6.4 India Cheese Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 India Cheese Market Revenues & Volume, By Hypermarkets, 2023 - 2030F |
6.4.3 India Cheese Market Revenues & Volume, By Supermarkets, 2023 - 2030F |
6.4.4 India Cheese Market Revenues & Volume, By Food Specialty Stores, 2023 - 2030F |
6.4.5 India Cheese Market Revenues & Volume, By Convenience Stores, 2023 - 2030F |
6.4.6 India Cheese Market Revenues & Volume, By Others, 2023 - 2030F |
7 India Cheese Market Import-Export Trade Statistics |
7.1 India Cheese Market Export to Major Countries |
7.2 India Cheese Market Imports from Major Countries |
8 India Cheese Market Key Performance Indicators |
9 India Cheese Market - Opportunity Assessment |
9.1 India Cheese Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 India Cheese Market Opportunity Assessment, By Product, 2020 & 2030F |
9.3 India Cheese Market Opportunity Assessment, By Source, 2020 & 2030F |
9.4 India Cheese Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F |
10 India Cheese Market - Competitive Landscape |
10.1 India Cheese Market Revenue Share, By Companies, 2023 |
10.2 India Cheese Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |