According to the latest report by IMARC Group, titled, “Dairy Industry in Delhi: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution“the dairy market in Delhi reached a value of INR 545.8 Billion in 2021. Looking forward, the market is expected to reach INR 1,513.6 Billion by 2027, exhibiting at a CAGR of 18.28% during 2022-2027.
Industry Definition and Application:
Milk is an essential source of macro-and micronutrients such as calcium, potassium, phosphorus, carbohydrates, proteins, vitamins A and D, magnesium, zinc, etc. These nutrients help in strengthening bones, lowering the risks of cardiovascular diseases, improving metabolism and fortifying the body against numerous diseases. Based on the product type, the dairy market can be segmented into milk, cheese, butter, dairy desserts, yogurt, and other product types.
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Delhi Dairy Market Trends and Drivers:
The escalating health consciousness among the consumers and the increasing working population in the metropolitan city are primarily driving the growth of the Delhi dairy market. Besides this, the transformation of the dairy industry from an unorganized sector into an organized one has also contributed to the market growth. Additionally, several key market players are focusing on upgrading their networks of milk procurement in order to serve a large number of consumers. Various other factors, including continuous technological advancements for improving the shelf life of liquid milk and the introduction of government schemes to promote dairy farming practices, are projected to further drive the Delhi dairy market in the coming years.
Delhi Dairy Market Segmentation:
The report has segmented the market on the basis on product.
Breakup by Product:
- Liquid milk
- Ghee
- Curd
- Paneer
- Ice-cream
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Lassi
- Butter milk
- Cheese
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
Who are the Delhi Dairy Market Key players?
The report provides a detailed analysis of the market leaders, including.
- Mother Dairy
- Amul
- Paras
- Delhi Milk Scheme
- Kwality
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