Dairy in India
Summary
Dairy in India industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The Indian Dairy market had total revenues of $26,078.8 million in 2023, representing a compound annual growth rate (CAGR) of 14.9% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 8.6% between 2018 and 2023, to reach a total of 29,186.8 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 7.7% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $37,818.6 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in India
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India dairy market with five year forecasts
- What was the size of the India dairy market by value in 2023?
- What will be the size of the India dairy market in 2028?
- What factors are affecting the strength of competition in the India dairy market?
- How has the market performed over the last five years?
- What are the main segments that make up India's dairy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Indian dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the Indian dairy market?
- 8 Company Profiles
- 8.1. Gujarat Cooperative Milk Marketing Federation Ltd
- 8.2. National Dairy Development Board
- 8.3. Karnataka Co-operative Milk Producers’ Federation Ltd
- 8.4. Tamilnadu Co-operative milk producers' Federation Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: India dairy market value: $ million, 2018-23
- Table 2: India dairy market volume: million kilograms, 2018-23
- Table 3: India dairy market category segmentation: % share, by value, 2018-2023
- Table 4: India dairy market category segmentation: $ million, 2018-2023
- Table 5: India dairy market geography segmentation: $ million, 2023
- Table 6: India dairy market distribution: % share, by value, 2023
- Table 7: India dairy market value forecast: $ million, 2023-28
- Table 8: India dairy market volume forecast: million kilograms, 2023-28
- Table 9: India dairy market share: % share, by value, 2023
- Table 10: Gujarat Cooperative Milk Marketing Federation Ltd: key facts
- Table 11: Gujarat Cooperative Milk Marketing Federation Ltd: Key Employees
- Table 12: National Dairy Development Board: key facts
- Table 13: Karnataka Co-operative Milk Producers’ Federation Ltd: key facts
- Table 14: Karnataka Co-operative Milk Producers’ Federation Ltd: Key Employees
- Table 15: Tamilnadu Co-operative milk producers' Federation Ltd: key facts
- Table 16: Tamilnadu Co-operative milk producers' Federation Ltd: Key Employees
- Table 17: India size of population (million), 2019-23
- Table 18: India real gdp (constant 2010 prices, $ billion), 2019-23
- Table 19: India gdp (current prices, $ billion), 2019-23
- Table 20: India inflation, 2019-23
- Table 21: India consumer price index (absolute), 2019-23
- Table 22: India exchange rate, 2018-23
- List of Figures
- Figure 1: India dairy market value: $ million, 2018-23
- Figure 2: India dairy market volume: million kilograms, 2018-23
- Figure 3: India dairy market category segmentation: $ million, 2018-2023
- Figure 4: India dairy market geography segmentation: % share, by value, 2023
- Figure 5: India dairy market distribution: % share, by value, 2023
- Figure 6: India dairy market value forecast: $ million, 2023-28
- Figure 7: India dairy market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the dairy market in India, 2023
- Figure 9: Drivers of buyer power in the dairy market in India, 2023
- Figure 10: Drivers of supplier power in the dairy market in India, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the dairy market in India, 2023
- Figure 12: Factors influencing the threat of substitutes in the dairy market in India, 2023
- Figure 13: Drivers of degree of rivalry in the dairy market in India, 2023
- Figure 14: India dairy market share: % share, by value, 2023
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