Ideas That Generate Results
Indian Dairy Industry Outlook 2022
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Publish Date : Jan, 2016| No. of Pages : 110
Indian Dairy Industry holds an inimitable space in the country for its high employment potential and for ensuring the availability of nutritious yet affordable food for India’s ever increasing population. Getting the tag of largest milk producer was made possible by Operation Flood and the historic dairy cooperative movement; and as production increased, dairy industry started showing promising growth potential. Rising disposable incomes and growing demand for dairy products are likely to fuel the Indian dairy industry’s growth over the next few years.
According to our latest research report, “Indian Dairy Industry Outlook 2022”, with an annual output of 138 Million Tonnes, India is the largest producer of milk in the world. It is also one of the largest producers and consumers of dairy products. Indian dairy industry also offers good opportunities to both domestic and foreign investors for entry and expansion. Due to their rich nutritional qualities, dairy products’ consumption has been growing exponentially in the country; and considering various facts and figures, our study anticipates that milk production in India will further grow at a CAGR of around 14% between 2015-16 and 2021-22.
Government is progressively taking initiatives to promote the dairy industry in India, in which inclination towards cattle breeding, clean milk production, dairy development, and feed fodder management are included. The Department of Animal Husbandry, NDDB, and other government affiliated institutions manage these initiatives in a constructive way. Utilizing the available resources for dairy industry to their full extent is the main objective behind these initiatives. The manner in which Dairy industry would enhance milk production and upgrade milk processing technologies, is also supervised by these departments.
Further, the report covers analysis of the primary dairy market and markets of its sub-segments like Liquid Milk, Yoghurt, Butter, Ghee, Paneer, Cheese, Dairy Whitener, Condensed Milk, Infant Formula, Ice Cream and Cream; and EXIM data of major dairy commodities extracted through intensive primary research and detailed secondary analysis. In addition, a detailed analysis of milk production and dairy potential by region has also been provided in the report. Recent government initiatives observed to support India’s dairy sector has also been included in our research report. Moreover, the emerging trends & drivers, challenges, and opportunities have been described in-depth in the report. Synchronizing all the factors, our report presents a coherent and unbiased analysis of the performance of the Indian dairy industry.