Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
The Indian cream market size reached INR 7.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 21.3 Billion by 2032, exhibiting a growth rate (CAGR) of 11.4% during 2024-2032.
Cream is a dairy product which is used to give a smooth texture and consistency to food products. Nowadays, it is widely used in the preparation of various dishes, desserts and beverages such as ice-creams, salads, sweet meals, tea, coffee, etc. The healthy growth of the market can be attributed to numerous forces. Rising population, increasing incomes, expanding application in the food and beverage industry represent some of the major growth driving factors.
The report has examined the Indian Cream Market in 15 major states:
Maharashtra
Uttar Pradesh
Andhra Pradesh and Telangana
Tamil Nadu
Gujarat
Rajasthan
Karnataka
Madhya Pradesh
West Bengal
Bihar
Delhi
Kerala
Punjab
Orissa
Haryana
For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the largest market, accounting for majority of the market share. The competitive landscape of the Indian cream market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, Mother Dairy and Parag Milk Foods.
The study gives an in-depth analysis of the cream market landscape in India, covering the current, historical and future trends for cream production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian cream market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian cream industry in any manner.
Key Questions Answered in This Report
1. What was the size of the cream market in India in 2023?
2. What is the expected growth rate of the cream market in India during 2024-2032?
3. What are the key factors driving the cream market in India?
4. What has been the impact of COVID-19 on the cream market in India?
5. What is the breakup of the cream market in India based on the sector?
6. What are the key regions in the cream market in India?
7. Who are the key players/companies in the cream market in India?
- 1 Preface
- 2 Research Methodology
- 3 Executive Summary
- 4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
- 5 Indian Dairy Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Market by Organised and Unorganised Segment
- 5.4 Milk Production and Consumption Trends
- 5.4.1 Current and Historical Trends
- 5.4.2 Production and Consumption Forecast
- 5.5 Milk Production by State
- 5.6 Milk Production by Cattle
- 5.7 Milk Utilization Patterns in India
- 5.8 Market Forecast
- 6 Indian Cream Industry
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Price Trends
- 6.4.1 Milk Procurement Price Trends
- 6.4.2 Cream Price Trends
- 6.5 Market Breakup by Region
- 6.6 Market Breakup by Sector
- 6.7 Market Forecast
- 6.8 SWOT Analysis
- 6.8.1 Overview
- 6.8.2 Strengths
- 6.8.3 Weaknesses
- 6.8.4 Opportunities
- 6.8.5 Threats
- 6.9 Value Chain Analysis
- 6.10 Porter’s Five Forces Analysis
- 6.10.1 Overview
- 6.10.2 Bargaining Power of Buyers
- 6.10.3 Bargaining Power of Suppliers
- 6.10.4 Degree of Competition
- 6.10.5 Threat of New Entrants
- 6.10.6 Threat of Substitutes
- 6.11 Key Success Factors and Risk Factors
- 7 Performance of Key Regions
- 7.1 Karnataka
- 7.1.1 Market Performance
- 7.1.1.1 Volume Trends
- 7.1.1.2 Value Trends
- 7.1.2 Competitive Landscape
- 7.1.3 Market Forecast
- 7.1.3.1 Volume Trends
- 7.1.3.2 Value Trends
- 7.2 Maharashtra
- 7.2.1 Market Performance
- 7.2.1.1 Volume Trends
- 7.2.1.2 Value Trends
- 7.2.2 Competitive Landscape
- 7.2.3 Market Forecast
- 7.2.3.1 Volume Trends
- 7.2.3.2 Value Trends
- 7.3 Tamil Nadu
- 7.3.1 Market Performance
- 7.3.1.1 Volume Trends
- 7.3.1.2 Value Trends
- 7.3.2 Competitive Landscape
- 7.3.3 Market Forecast
- 7.3.3.1 Volume Trends
- 7.3.3.2 Value Trends
- 7.4 Delhi
- 7.4.1 Market Performance
- 7.4.1.1 Volume Trends
- 7.4.1.2 Value Trends
- 7.4.2 Competitive Landscape
- 7.4.3 Market Forecast
- 7.4.3.1 Volume Trends
- 7.4.3.2 Value Trends
- 7.5 Gujarat
- 7.5.1 Market Performance
- 7.5.1.1 Volume Trends
- 7.5.1.2 Value Trends
- 7.5.2 Competitive Landscape
- 7.5.3 Market Forecast
- 7.5.3.1 Volume Trends
- 7.5.3.2 Value Trends
- 7.6 Andhra Pradesh and Telangana
- 7.6.1 Market Performance
- 7.6.1.1 Volume Trends
- 7.6.1.2 Value Trends
- 7.6.2 Competitive Landscape
- 7.6.3 Market Forecast
- 7.6.3.1 Volume Trends
- 7.6.3.2 Value Trends
- 7.7 Uttar Pradesh
- 7.7.1 Market Performance
- 7.7.1.1 Volume Trends
- 7.7.1.2 Value Trends
- 7.7.2 Competitive Landscape
- 7.7.3 Market Forecast
- 7.7.3.1 Volume Trends
- 7.7.3.2 Value Trends
- 7.8 West Bengal
- 7.8.1 Market Performance
- 7.8.1.1 Volume Trends
- 7.8.1.2 Value Trends
- 7.8.2 Competitive Landscape
- 7.8.3 Market Forecast
- 7.8.3.1 Volume Trends
- 7.8.3.2 Value Trends
- 7.9 Kerala
- 7.9.1 Market Performance
- 7.9.1.1 Volume Trends
- 7.9.1.2 Value Trends
- 7.9.2 Competitive Landscape
- 7.9.3 Market Forecast
- 7.9.3.1 Volume Trends
- 7.9.3.2 Value Trends
- 7.10 Haryana
- 7.10.1 Market Performance
- 7.10.1.1 Volume Trends
- 7.10.1.2 Value Trends
- 7.10.2 Competitive Landscape
- 7.10.3 Market Forecast
- 7.10.3.1 Volume Trends
- 7.10.3.2 Value Trends
- 7.11 Punjab
- 7.11.1 Market Performance
- 7.11.1.1 Volume Trends
- 7.11.1.2 Value Trends
- 7.11.2 Competitive Landscape
- 7.11.3 Market Forecast
- 7.11.3.1 Volume Trends
- 7.11.3.2 Value Trends
- 7.12 Rajasthan
- 7.12.1 Market Performance
- 7.12.1.1 Volume Trends
- 7.12.1.2 Value Trends
- 7.12.2 Competitive Landscape
- 7.12.3 Market Forecast
- 7.12.3.1 Volume Trends
- 7.12.3.2 Value Trends
- 7.13 Madhya Pradesh
- 7.13.1 Market Performance
- 7.13.1.1 Volume Trends
- 7.13.1.2 Value Trends
- 7.13.2 Competitive Landscape
- 7.13.3 Market Forecast
- 7.13.3.1 Volume Trends
- 7.13.3.2 Value Trends
- 7.14 Bihar
- 7.14.1 Market Performance
- 7.14.1.1 Volume Trends
- 7.14.1.2 Value Trends
- 7.14.2 Competitive Landscape
- 7.14.3 Market Forecast
- 7.14.3.1 Volume Trends
- 7.14.3.2 Value Trends
- 7.15 Orissa
- 7.15.1 Market Performance
- 7.15.1.1 Volume Trends
- 7.15.1.2 Value Trends
- 7.15.2 Competitive Landscape
- 7.15.3 Market Forecast
- 7.15.3.1 Volume Trends
- 7.15.3.2 Value Trends
- 8 Market Breakup by Sector
- 8.1 Retail Sector
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Institutional Sector
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 9 Competitive Landscape
- 9.1 Market Structure
- 9.2 Market Share of Key Players
- 10 Cream Manufacturing Process
- 10.1 Product Overview
- 10.2 Detailed Process Flow
- 10.3 Various Types of Unit Operations Involved
- 10.4 Mass Balance and Raw Material Requirements
- 11 Project Details, Requirements and Costs Involved
- 11.1 Land Requirements and Expenditures
- 11.2 Construction Requirements and Expenditures
- 11.3 Plant Machinery
- 11.4 Machinery Pictures
- 11.5 Raw Material Requirements and Expenditures
- 11.6 Raw Material and Final Product Pictures
- 11.7 Packaging Requirements and Expenditures
- 11.8 Transportation Requirements and Expenditures
- 11.9 Utility Requirements and Expenditures
- 11.10 Manpower Requirements and Expenditures
- 11.11 Other Capital Investments
- 12 Loans and Financial Assistance
- 13 Project Economics
- 13.1 Capital Cost of the Project
- 13.2 Techno-Economic Parameters
- 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 13.4 Taxation and Depreciation
- 13.5 Income Projections
- 13.6 Expenditure Projections
- 13.7 Financial Analysis
- 13.8 Profit Analysis
- 14 Key Player Profiles
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