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India Dairy Market

India Dairy Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities

India Dairy Market by Type (Milk (Loose Milk, Packaged Milk), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Retailers, Online Retail Stores, Others), by Forecast 2026-2034

Jan 8 2026

Base Year: 2025

150 Pages

India Dairy Market Analysis 2025 and Forecasts 2033: Unveiling Growth Opportunities

Key Insights

India's dairy market is poised for significant expansion, projected to reach 146.8 billion by 2025, growing at a CAGR of 9.33%. Valued at USD 115.57 billion in 2023, the market is expected to reach USD 210.45 billion by 2032. Dairy products are fundamental to India's socioeconomic landscape, offering essential nutrients like calcium, vitamins, and proteins. The industry encompasses milk production from dairy farms and the subsequent processing of milk and dairy products like butter, cheese, yogurt, and cream in specialized plants. With an increasing focus on health and wellness, the demand for functional dairy products enriched with probiotics and fortified nutrients is rising. Common dairy offerings include milk, cheese, yogurt, butter, ice cream, and dried milk, all rich in proteins, fats, lactose, vitamins, and minerals. Beyond cattle, dairy farming also involves mammals such as goats, sheep, buffalo, and camels. Dairy consumption offers numerous health benefits, including improved digestive and bone health, enhanced dental care, weight management, muscle mass development, and hydration. A balanced diet incorporating dairy is crucial for managing blood pressure and supporting overall well-being, including muscle health.

India Dairy Trends

Rising disposable income and changing consumer preferences are driving the demand for dairy products in India.
The growing awareness of the health benefits associated with dairy consumption is another key factor contributing to the market growth.
The increasing urbanization and the expansion of modern retail channels are further fueling the demand for packaged dairy products.

India Dairy Market Market Size and Forecast (2024-2030) — India Dairy Market Company Market Share

Driving Forces: What's Propelling the India Dairy Market

Increasing Population: India has a large and growing population, which is a major driver of demand for dairy products.
Rising Disposable Income: The average disposable income of Indians has been increasing in recent years, which has led to increased spending on dairy products.
Changing Dietary Habits: The Indian diet is becoming more Westernized, which is leading to increased consumption of dairy products.
Government Support: The Indian government provides subsidies for dairy farmers, which helps to keep the cost of dairy products low.

Challenges and Restraints in India Dairy Market

Seasonality: Milk production in India remains seasonal, resulting in supply and price fluctuations.
Infrastructure Deficiencies: Inadequate infrastructure continues to plague the dairy industry, leading to increased risk of spoilage and contamination.
Intense Competition: The highly competitive Indian dairy market poses a significant challenge to new entrants.
Unorganized Sector Dominance: The large share of the dairy market controlled by the unorganized sector presents challenges for regulation and quality control.
Disease Outbreaks: Disease outbreaks among dairy animals can disrupt production and pose threats to public health.
Environmental Sustainability: The dairy industry's impact on the environment, such as greenhouse gas emissions and water consumption, requires attention and mitigation strategies.

Emerging Trends in India Dairy

Value-Added Products: Consumers are increasingly demanding value-added dairy products, such as flavored milk, yogurt, and cheese.
Fortified Products: Dairy products fortified with vitamins and minerals are becoming more popular, as consumers become more health-conscious.
Organic Products: Organic dairy products are gaining popularity, as consumers become more concerned about the safety of conventional dairy products.
E-commerce: E-commerce is becoming an increasingly important channel for the sale of dairy products, as consumers become more comfortable with buying groceries online.

Growth Catalysts in India Dairy Industry

Government Initiatives: The Indian government's proactive role is significantly bolstering the dairy sector. Key initiatives like the National Dairy Plan (NDP), a successor to the National Dairy Development Board (NDDB)'s efforts, and schemes under the Rashtriya Krishi Vikas Yojana (RKVY) are providing crucial support through infrastructure development, technological advancements, and farmer empowerment programs. These initiatives aim to enhance milk production, improve processing capabilities, and strengthen the overall supply chain.
Private Investment & Consolidation: Significant private investment is fueling expansion and modernization within the Indian dairy industry. Large corporations are making strategic acquisitions and investing in advanced technologies, leading to industry consolidation and increased efficiency. This influx of capital is driving innovation across the value chain, from improved livestock management to enhanced product development and distribution.
Technological Advancements: Technological advancements are revolutionizing the dairy industry, leading to increased efficiency and productivity. Precision farming techniques, improved animal breeding practices, automated milking systems, and sophisticated processing technologies are optimizing resource utilization and minimizing waste. Furthermore, the adoption of cold chain technologies is ensuring the delivery of high-quality dairy products to consumers across the country.
Evolving Consumer Preferences & Product Diversification: Indian consumers are exhibiting a growing preference for branded, processed, and value-added dairy products. This shift in demand is driving innovation, leading to a wider range of products, including functional dairy, organic options, and convenient formats catering to evolving lifestyles and health consciousness. The market is witnessing increased demand for yogurt, cheese, flavored milk, and other specialized dairy products.
Export Opportunities: The growing global demand for dairy products presents significant export opportunities for India. With improved quality control and adherence to international standards, the Indian dairy industry is increasingly tapping into international markets, contributing to overall growth and revenue generation.

Market Segmentation: India Dairy Analysis

Type:

Milk (Loose Milk and Packaged Milk)
Dairy Products (Yogurt, Cheese, Butter, Paneer)
Ice Cream and Frozen Desserts

Distribution Channel:

Supermarkets/Hypermarkets
Specialty Retailers
Online Retail Stores
Others (Traditional Stores, Vending Machines)

Leading Players in the India Dairy Market

Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India)
Heritage Foods Limited (India)
Karnataka Cooperative Milk Producers Federation Limited (India)
Kwality Milk Foods Ltd (India)
Milk food Limited (India)
National Dairy Development Board (India) (Mother Dairy)
Parag Milk Foods (India)
Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India)
Rajasthan Cooperative Dairy Federation Ltd (RCDF) (India)
Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India)

Significant developments in India Dairy Sector

In 2022, GCMMF (Amul) announced plans to invest INR 10,000 crore (USD 1.24 billion) in expanding its manufacturing capacity.
In 2021, Heritage Foods Limited acquired the dairy business of Reliance Retail, which would strengthen its presence in western India.
In 2020, the Indian government launched the National Animal Disease Control Programme (NADCP), which aims to control and eradicate animal diseases, including those that affect dairy animals.

Comprehensive Coverage India Dairy Market Report

The India Dairy Market Report provides a comprehensive analysis of the market, including:

Market size and forecast
Market trends and drivers
Market segmentation
Competitive landscape
Key players
SWOT analysis

Regional Insight

The India dairy market is divided into four regions: North, South, East, and West. The North region is the largest market, followed by the South. The West and East regions are the smallest markets.

India Dairy Market Market Share by Region - Global Geographic Distribution — India Dairy Market Regional Market Share

Consumer Side Analysis

The India dairy market is driven by consumer demand. Consumers are increasingly demanding healthier and more convenient dairy products. They are also willing to pay a premium for products that are made with high-quality ingredients.

DROCs

DROCs (Direct Return on Costs) in the India dairy market remain low due to factors such as rising milk production costs, intense competition, and the dominance of the unorganized sector.

Swot Analysis

The SWOT analysis of the India dairy market is as follows:

Strengths:

Large and growing population
Rising disposable income
Changing dietary habits

Weaknesses:

Seasonality
Infrastructure
Competition

Opportunities:

Value-added products
Fortified products
Organic products
E-commerce

Threats:

Government regulations
Climate change
Economic slowdown

Geographic Coverage of India Dairy Market

Higher Coverage

Lower Coverage

No Coverage

India Dairy Market REPORT HIGHLIGHTS

Aspects	Details
Study Period	2020-2034
Base Year	2025
Estimated Year	2026
Forecast Period	2026-2034
Historical Period	2020-2025
Growth Rate	CAGR of 9.33% from 2020-2034
Segmentation	By Type Milk (Loose Milk Packaged Milk By Distribution Channel Supermarkets/Hypermarkets Specialty Retailers Online Retail Stores Others By Geography

1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
- 2.1. Introduction
3. Market Dynamics
- 3.1. Introduction
- - 3.2. Market Drivers
  - - 3.2.1. Expansion of International Brands in Saudi Arabia to Fuel Market Growth
- - 3.3. Market Restrains
  - - 3.3.1. Lack of Fodder Supply and Emergence of Diseases Pose a Negative Impact on the Market Growth
- - 3.4. Market Trends
  - - 3.4.1. Rising Popularity of Veganism to Fuel Market Growth
4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
5. India Dairy Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
  - 5.1.1. Milk (Loose Milk
  - 5.1.2. Packaged Milk
- 5.2. Market Analysis, Insights and Forecast - by Distribution Channel
  - 5.2.1. Supermarkets/Hypermarkets
  - 5.2.2. Specialty Retailers
  - 5.2.3. Online Retail Stores
  - 5.2.4. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
  - 5.3.1.
6. Competitive Analysis
- 6.1. Market Share Analysis 2025
- - 6.2. Company Profiles
  - - 6.2.1 Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India)
      6.2.1.1. Overview
      6.2.1.2. Products
      6.2.1.3. SWOT Analysis
      6.2.1.4. Recent Developments
      6.2.1.5. Financials (Based on Availability)
    - 6.2.2 Heritage Foods Limited (India)
      6.2.2.1. Overview
      6.2.2.2. Products
      6.2.2.3. SWOT Analysis
      6.2.2.4. Recent Developments
      6.2.2.5. Financials (Based on Availability)
    - 6.2.3 Karnataka Cooperative Milk Producers Federation Limited (India)
      6.2.3.1. Overview
      6.2.3.2. Products
      6.2.3.3. SWOT Analysis
      6.2.3.4. Recent Developments
      6.2.3.5. Financials (Based on Availability)
    - 6.2.4 Kwality Milk Foods Ltd (India)
      6.2.4.1. Overview
      6.2.4.2. Products
      6.2.4.3. SWOT Analysis
      6.2.4.4. Recent Developments
      6.2.4.5. Financials (Based on Availability)
    - 6.2.5 Milk food Limited (India)
      6.2.5.1. Overview
      6.2.5.2. Products
      6.2.5.3. SWOT Analysis
      6.2.5.4. Recent Developments
      6.2.5.5. Financials (Based on Availability)
    - 6.2.6 National Dairy Development Board (India) (Mother Dairy)
      6.2.6.1. Overview
      6.2.6.2. Products
      6.2.6.3. SWOT Analysis
      6.2.6.4. Recent Developments
      6.2.6.5. Financials (Based on Availability)
    - 6.2.7 Parag Milk Foods (India)
      6.2.7.1. Overview
      6.2.7.2. Products
      6.2.7.3. SWOT Analysis
      6.2.7.4. Recent Developments
      6.2.7.5. Financials (Based on Availability)
    - 6.2.8 Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India)
      6.2.8.1. Overview
      6.2.8.2. Products
      6.2.8.3. SWOT Analysis
      6.2.8.4. Recent Developments
      6.2.8.5. Financials (Based on Availability)
    - 6.2.9 Rajasthan Cooperative Dairy Federation Ltd (RCDF) (India)
      6.2.9.1. Overview
      6.2.9.2. Products
      6.2.9.3. SWOT Analysis
      6.2.9.4. Recent Developments
      6.2.9.5. Financials (Based on Availability)
    - 6.2.10 Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India)
      6.2.10.1. Overview
      6.2.10.2. Products
      6.2.10.3. SWOT Analysis
      6.2.10.4. Recent Developments
      6.2.10.5. Financials (Based on Availability)

List of Figures

Figure 1: India Dairy Market Revenue Breakdown (billion, %) by Product 2025 & 2033
Figure 2: India Dairy Market Share (%) by Company 2025

List of Tables

Table 1: India Dairy Market Revenue billion Forecast, by Type 2020 & 2033
Table 2: India Dairy Market Volume Million Kg Forecast, by Type 2020 & 2033
Table 3: India Dairy Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
Table 4: India Dairy Market Volume Million Kg Forecast, by Distribution Channel 2020 & 2033
Table 5: India Dairy Market Revenue billion Forecast, by Region 2020 & 2033
Table 6: India Dairy Market Volume Million Kg Forecast, by Region 2020 & 2033
Table 7: India Dairy Market Revenue billion Forecast, by Type 2020 & 2033
Table 8: India Dairy Market Volume Million Kg Forecast, by Type 2020 & 2033
Table 9: India Dairy Market Revenue billion Forecast, by Distribution Channel 2020 & 2033
Table 10: India Dairy Market Volume Million Kg Forecast, by Distribution Channel 2020 & 2033
Table 11: India Dairy Market Revenue billion Forecast, by Country 2020 & 2033
Table 12: India Dairy Market Volume Million Kg Forecast, by Country 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

Web Analytics
Survey Reports
Research Institute
Latest Research Reports
Opinion Leaders

Secondary Research

Annual Reports
White Paper
Latest Press Release
Industry Association
Paid Database
Investor Presentations

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the India Dairy Market?

The projected CAGR is approximately 9.33%.

2. Which companies are prominent players in the India Dairy Market?

Key companies in the market include Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India), Heritage Foods Limited (India), Karnataka Cooperative Milk Producers Federation Limited (India), Kwality Milk Foods Ltd (India), Milk food Limited (India), National Dairy Development Board (India) (Mother Dairy), Parag Milk Foods (India), Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India), Rajasthan Cooperative Dairy Federation Ltd (RCDF) (India), Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India).

3. What are the main segments of the India Dairy Market?

The market segments include Type, Distribution Channel.

4. Can you provide details about the market size?

The market size is estimated to be USD 146.8 billion as of 2022.

5. What are some drivers contributing to market growth?

Expansion of International Brands in Saudi Arabia to Fuel Market Growth.

6. What are the notable trends driving market growth?

Rising Popularity of Veganism to Fuel Market Growth.

7. Are there any restraints impacting market growth?

Lack of Fodder Supply and Emergence of Diseases Pose a Negative Impact on the Market Growth.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 2850, USD 3850, and USD 4850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in billion and volume, measured in Million Kg.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "India Dairy Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the India Dairy Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the India Dairy Market?

To stay informed about further developments, trends, and reports in the India Dairy Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.

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