Curd Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Curd Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028


Market Overview:

Curd, also known as Dahi, is prepared by coagulating milk by adding a starter culture of lactic acid bacteria, vinegar or lemon juice. Curd represents an essential part of a balanced diet and can also be consumed by lactose intolerant people. Owing to the high content of calcium, vitamin D, proteins and phosphorus present in it, curd helps to strengthen bones and improve digestion. Besides this, it also reduces the chance of breast cancer. A recently released report by IMARC Group, titled “Curd Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, critically examines the Indian curd market. The report finds that the market size reached INR 1,365.5 Billion in 2022. The healthy growth of the market can be attributed to numerous forces. Population growth, rising disposable incomes, increasing health consciousness among consumers and affordable price are some of the factors that are currently broadening the growth aspects of the market. Looking forward, the curd market in India is expected to reach INR 3,175.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.1% during 2023-2028.

The report has examined the Indian Curd 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 region with highest market share in the country. The competitive landscape of the Indian curd market has also been covered in this report. Some of the prominent players operating in the market include KMF, GCMMF, Mother Dairy, Sri Vijaya Visakha Milk Producers and Heritage.

The study gives an in-depth analysis of the curd market landscape in India, covering the current, historical and future trends for curd production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian curd 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 curd industry in any manner.

Key Questions Answered in This Report

1. What was the size of the curd market in India in 2022?
2. What is the expected growth rate of the curd market in India during 2023-2028?
3. What has been the impact of COVID-19 on the curd market in India?
4. What are the key factors driving the curd market in India?
5. What is the breakup of the curd market in India based on the type?
6. What is the breakup of the curd market in India based on the retail vs institutional?
7. What are the key regions in the curd market in India?
8. Who are the key players/companies in the curd market in India?


1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Indian Dairy Industry
5.1Market Overview
5.2Market Performance
5.3Market by Organised and Unorganised Segment
5.4Milk Production and Consumption Trends
5.4.1 Current and Historical Trends
5.4.2 Production and Consumption Forecast
5.5Milk Production by State
5.6Milk Production by Cattle
5.7Milk Utilization Patterns in India
5.8Market Forecast
6 Indian Curd Industry
6.1Market Overview
6.2Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3Impact of COVID-19
6.4Price Trends
6.4.1 Milk Procurement Price Trends
6.4.2 Curd Price Trends
6.5Market Breakup by Region
6.6Market Breakup by Type
6.7Market Breakup by Retail Vs Institutional
6.8Market Forecast
6.9SWOT Analysis
6.9.1Overview
6.9.2Strengths
6.9.3Weaknesses
6.9.4Opportunities
6.9.5Threats
6.10Value Chain Analysis
6.11Porter’s Five Forces Analysis
6.11.1Overview
6.11.2Bargaining Power of Buyers
6.11.3Bargaining Power of Suppliers
6.11.4Degree of Competition
6.11.5Threat of New Entrants
6.11.6Threat of Substitutes
6.12Key Success Factors and Risk Factors
7 Performance of Key Regions
7.1Karnataka
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 Type
8.1Cup Curd
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Pouch Curd
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Retail Vs Institutional
9.1Retail
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Institutional
9.2.1 Market Trends
9.2.2 Market Forecast
10 Competitive Landscape
10.1Competitive Structure
10.2Market Breakup by Key Players
11 Curd Manufacturing Process
11.1Product Overview
11.2Detailed Process Flow
11.3Various Types of Unit Operations Involved
11.4Mass Balance and Raw Material Requirements
12 Project Details, Requirements and Costs Involved
12.1Land Requirements and Expenditures
12.2Construction Requirements and Expenditures
12.3Plant Machinery
12.4Machinery Pictures
12.5Raw Material Requirements and Expenditures
12.6Raw Material and Final Product Pictures
12.7Packaging Requirements and Expenditures
12.8Transportation Requirements and Expenditures
12.9Utility Requirements and Expenditures
12.10Manpower Requirements and Expenditures
12.11Other Capital Investments
13 Loans and Financial Assistance
14 Project Economics
14.1Capital Cost of the Project
14.2Techno-Economic Parameters
14.3Product Pricing and Margins Across Various Levels of the Supply Chain
14.4Taxation and Depreciation
14.5Income Projections
14.6Expenditure Projections
14.7Financial Analysis
14.8Profit Analysis
15 Key Player Profiles

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