India Dairy products Market (2024-2030) | Share, Analysis, Growth, Forecast, Industry, Value, Companies, Revenue, Size, Outlook & Trends

Topics Covered in India Dairy Products Market Report

The India Dairy Products Market Report thoroughly covers the market by product type, and distribution channel. The India Dairy Products Market Outlook report provides an unbiased and detailed analysis of the ongoing India Dairy Products Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

India Dairy Products Market Synopsis

The India Dairy Products Market is expected to grow more in the future due to the rise in health awareness among people and the increasing demand for dairy products. The market is also driven by the growing population, rising disposable income, and changing lifestyle patterns of consumers. Moreover, with the advent of technology and modernization, there has been an increase in the production and quality of dairy products in India.

According to 6Wresearch, the India Dairy Products Market size is anticipated to rise at a CAGR of 12.5% during 2024-2030.  One of the major drivers for this market is the increasing awareness among consumers regarding the health benefits of dairy products. With the rise in cases of lifestyle diseases, people are becoming more health-conscious and are incorporating dairy products into their daily diets to meet their nutritional requirements. This has led to a surge in demand for dairy products such as milk, yogurt, cheese, and butter in India. These factors have been fueling the India Dairy Products Market growth.

There are also some challenges faced by the Indian dairy industry. One of the major challenges is the lack of proper infrastructure and cold storage facilities, which leads to wastage of milk and other dairy products. This not only affects the profitability of dairy farmers but also results in a shortage of supply in certain areas. Another major challenge faced by this market is the high cost of production due to various factors such as feed costs, labor costs, and transportation costs. This makes it difficult for small-scale dairy farmers to compete with larger players in the market.

Dairy Products Market in India: Leading Players

One of the key players in the Indian dairy market is Amul, which holds a significant market share with its wide range of high-quality dairy products. Other major players include Nestle, Mother Dairy, Britannia Industries, and Parag Milk Foods. These players are constantly innovating and introducing new products to cater to the diverse tastes and preferences of Indian consumers.

India Dairy Products Industry: Government Initiatives

The growth of the dairy products market in India is also supported by various government initiatives, such as the National Dairy Plan (NDP) and Operation Flood. The NDP aims to increase milk production by 200 million tonnes by 2022 through various measures, including genetic improvement of cattle, better feed and nutrition management, and improved animal healthcare. Similarly, Operation Flood has been instrumental in increasing milk production and providing employment opportunities to rural households through the establishment of dairy cooperatives.

Future Insights of the Market

The future of the Indian dairy products market looks promising, with various factors contributing to its growth. One of the key drivers is the increasing health-consciousness among consumers, leading to the demand for low-fat and organic dairy products. Moreover, the introduction of functional and fortified dairy products is expected to further boost market growth in the coming years. Additionally, the growing popularity of dairy alternatives such as soy milk and almond milk is also expected to drive market growth.

Market Segmentation by Product Type

According to Rajneesh, Senior Research Analyst, 6Wresearch, one top-grossing dairy product in India is milk. This product has been consumed in India since ancient times and remains a staple in many Indian kitchens.

Market Segmentation by Distribution Channel

One major distribution channel for dairy products in India is supermarkets and hypermarkets. These retail outlets offer a variety of dairy products from various brands, making it convenient for consumers to purchase them in one place. The popularity of these stores has been increasing due to their wide product assortment and attractive offers and discounts.

Key Attractiveness of the Report

• 10 Years of Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Dairy products Market Outlook
• Market Size of India Dairy products Market, 2023
• Forecast of India Dairy products Market, 2030
• Historical Data and Forecast of India Dairy products Revenues & Volume for the Period 2020-2030
• India Dairy products Market Trend Evolution
• India Dairy products Market Drivers and Challenges
• India Dairy products Price Trends
• India Dairy products Porter's Five Forces
• India Dairy products Industry Life Cycle
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Butter for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Cheese for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Milk for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Cream for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Yoghurt for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Buttermilk for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Ice Cream for the Period 2020-2030
• Historical Data and Forecast of India Butter Dairy products Market Revenues & Volume By Lactose-Free Dairy Products for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Supermarkets & Hypermarkets for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Convenience Store for the Period 2020-2030
• Historical Data and Forecast of India Dairy products Market Revenues & Volume By Online for the Period 2020-2030
• India Dairy products Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• India Dairy products Top Companies Market Share
• India Dairy products Competitive Benchmarking By Technical and Operational Parameters
• India Dairy products Company Profiles
• India Dairy products Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Type

• Butter
• Cheese
• Milk
• Cream
• Yoghurt
• Buttermilk
• Ice Cream
• Lactose-Free Dairy Products

By Distribution Channel

• Supermarkets & Hypermarkets
• Convenience Store
• Online