With production value of USD18.3 billion, India accounts for 11.8% of the Asia Pacific total in 2023. The industry’s exports share decreases in 2023 to 1.1% of total production output. The industry’s profitability decreases and stands at 4.0% of production value in 2023, the 19th highest regionally. The costs of the industry increase by 2.1% in 2023, largely driven by rising B2B costs. The total number of companies decreases in 2023, to 62,120 units. The industry is fragmented, with the top five companies generating 47.2% of total production value in 2023. Gujarat Co-operative Milk Marketing Federation Ltd is the largest company in India, generating 17.6% of the industry’s total production value in 2023. India has the second largest market size for dairy products regionally, with demand reaching USD29.9 billion in 2023. Households drive market demand, with household spending representing 72.5% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 0.9% of total market size in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Dairy Products in India: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in India: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!