According to TechSci Research report, “India Dairy Products Market – By Region, Competition, Forecast & Opportunities, 2020-2030F”, the India Dairy Products Market was valued at USD 25.04 Billion in 2024 and is expected to reach USD 32.56 Billion by 2030 with a CAGR of 6.76% during the forecast period. The India Dairy Products market has experienced substantial growth in recent years, owing to the increasing benefits associated with the consumption of dairy products. As consumers become more health-conscious, they are recognizing the nutritional value of dairy products, which are rich in essential vitamins, calcium, protein, and minerals. Dairy products are increasingly seen as a vital part of a balanced diet, contributing to bone health, weight management, and improved digestion. The growing focus on wellness, fitness, and healthy eating is boosting demand for dairy items like milk, yogurt, and cheese, particularly among urban consumers. This trend is encouraging both traditional dairy consumption and the adoption of new, health-focused dairy options, further driving market expansion.
The India Dairy Products market is driven due to the increased consumption of pizza across the region. As pizza has gained popularity, especially among younger consumers, the demand for cheese, one of the key ingredients in pizza, has surged. The growing number of fast-food chains, QSRs (quick-service restaurants), and online food delivery services has further fuelled this trend, leading to higher consumption of cheese, mozzarella in particular, and other dairy-based pizza toppings. Also, as pizza consumption expands, consumers are increasingly seeking high-quality, flavorful, and diverse dairy products to enhance the taste and texture of their pizzas. This growing demand for dairy ingredients has positively impacted the dairy market, contributing to the expansion of both traditional and processed dairy product sales.
Market Overview
India stands as the world’s largest producer and consumer of dairy products, with milk being a staple in the Indian diet. The market encompasses a wide range of products, including milk, curd, ghee, paneer, butter, cheese, and value-added items like flavored milk and probiotic yogurts. The sector is characterized by a mix of organized cooperatives, private players, and a vast unorganized segment.
Browse over xx market data Figures spread through xx Pages and an in-depth TOC on ” India Dairy Products Market” – https://www.techsciresearch.com/report/india-dairy-products-market/17075.html
The India Dairy Products Market is segmented into product type, end user, sales channel and region.
Based on sales channel, online is the fastest-growing segment in the India Dairy Products market, driven by the convenience of home delivery and the increasing popularity of e-commerce platforms. Consumers are increasingly opting for online shopping to purchase dairy products, especially due to the ease of accessing a wide range of options, from fresh milk to specialty dairy items. With the rise of grocery delivery services like BigBasket, Amazon Pantry, and local players, dairy products are now easily accessible even in remote areas. The ability to schedule deliveries, along with special discounts and offers, has further boosted the growth of online sales in the dairy sector.
Based on region, South region of India is the fastest growing in the Dairy Products market, driven by high consumption rates and increasing urbanization in cities like Bengaluru, Chennai, and Hyderabad. The region’s strong dairy culture, with widespread consumption of milk, curd, and paneer, further supports this growth. Also, the rise in disposable incomes, the expansion of organized retail outlets, and the increasing popularity of branded dairy products contribute to the growing demand. The Southern market is also seeing a surge in modern shopping formats and online grocery services, making dairy products more accessible to a broader consumer base.
Key Trends
- Urbanization and Lifestyle Changes: Rapid urbanization and changing lifestyles are driving demand for convenient and packaged dairy products.
- Health and Wellness Focus: Consumers are increasingly seeking dairy products that align with health and wellness goals, such as low-fat, high-protein, and fortified options.
- Technological Advancements: The adoption of advanced technologies in processing, packaging, and distribution is enhancing product quality and shelf life.
- E-commerce Growth: The rise of online retail platforms is facilitating easier access to a variety of dairy products, expanding consumer reach.
Market Opportunities
- Value-Added Products: There is significant potential in developing and marketing value-added dairy products, such as flavored yogurts, cheese varieties, and dairy-based beverages.
- Export Potential: With increasing global demand for dairy products, India has opportunities to expand its export footprint, particularly in neighboring countries.
- Rural Market Penetration: Tapping into rural markets with affordable and accessible dairy products can drive further growth.
- Sustainable Practices: Implementing sustainable and eco-friendly practices in dairy farming and processing can appeal to environmentally conscious consumers.
Market Challenges
- Supply Chain Management: Ensuring a cold chain and efficient logistics remains a challenge, especially in remote areas.
- Price Volatility: Fluctuations in milk prices can impact profitability and pricing strategies for dairy companies.
- Regulatory Compliance: Adhering to stringent food safety and quality regulations requires continuous monitoring and investment.
- Competition from Unorganized Sector: The presence of a large unorganized sector poses competition to organized players in terms of pricing and market share.
Major companies operating in India Dairy Products Market are:
- Britannia Industries Limited
- Dodla Dairy Limited
- Gujarat Co-operative Milk Marketing Federation Limited
- Hatsun Agro Product Limited
- Karnataka Milk Federation
- Mother Dairy Fruit & Vegetable Private Limited
- Nestlé India Limited
- Parag Milk Foods
- Ananda Dairy Ltd
- Alpha Milk Foods Pvt. Ltd
Download Free Sample Report – https://www.techsciresearch.com/sample-report.aspx?cid=17075
Customers can also request for 10% free customization in this report.
“The India Dairy Products Market is driven by the rising population and increasing disposable income across the region. As India’s population grows, especially in urban areas, there is a greater demand for dairy products to meet the nutritional needs of a larger consumer base. The growing middle class, coupled with higher disposable incomes, has led to an increased willingness to spend on quality dairy products, including premium and packaged options. Consumers are now more inclined to purchase branded and processed dairy items such as cheese, yogurt, and milk, contributing to the market’s expansion. As disposable income continues to rise, dairy products are becoming a staple in households across India, fuelling the growth of the sector.” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.
“India Dairy Products Market By Product Type (Butter, Cheese, Cream, Dairy Desserts, Milk, Sour Milk Drinks, Yogurt), By End User (Residential, Commercial), By Sales Channel (Supermarket/Hypermarket, Convenience Stores, Online, Others), By Region, Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of India Dairy Products Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the India Dairy Products Market.
Contact Us-
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
M: +13322586602
Website: www.techsciresearch.com