Key Highlights
- Dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
- The Indian dairy market recorded revenues of $27.85 billion in 2024, representing a compound annual growth rate (CAGR) of 9.9% between 2019-24.
- Market consumption volume increased with a CAGR of 8.0% between 2019-24, reaching a total of 30.30 billion kilograms in 2024.
- The revenue of the Indian dairy market witnessed strong growth during the review period, primarily driven by an expanding population that has increased the demand for staple foods, especially dairy products.
Scope
- Save time carrying out entry-level research by identifying the size, growth, 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
Reasons to Buy
- What was the size of the India dairy market by value in 2024?
- What will be the size of the India dairy market in 2029?
- What factors are affecting the strength of competition in the India dairy market?
- How has the market performed over the last five years?
- How large is India’s dairy market in relation to its regional counterparts?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Gujarat Cooperative Milk Marketing Federation Ltd
- National Dairy Development Board
- Karnataka Co-operative Milk Producers’ Federation Ltd
- Tamilnadu Co-operative milk producers' Federation Ltd