Dairy Industry in India Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 12.35% (2025-2033)
Market Size in 2024: INR 18,975 Billion
Market Size in 2033: INR 57,001.8 Billion
The dairy industry in India thrives as the world’s largest producer, driven by rising demand for milk and value-added products. According to the latest report by IMARC Group, the size reached INR 18,975 Billion in 2024. Looking forward, IMARC Group expects the market to reach INR 57,001.8 Billion by 2033, exhibiting a growth rate (CAGR) of 12.35% during 2025-2033.
Dairy Industry in India Trends and Drivers:
The escalating population as well as the growing demand for milk and milk-based products are contributing to the growth of the dairy industry in India. Additionally, as one of the largest producers and consumers of dairy globally, the dairy sector of India is experiencing robust growth due to rising incomes, urbanization, and a shift towards more nutritious diets.
Besides this, the consumption of value-added dairy products like cheese, yogurt, flavored milk, and dairy-based snacks is on the rise, particularly among younger consumers. Moreover, the initiatives by government authorities to improve dairy farming practices, such as providing better infrastructure, veterinary care, and cold storage facilities, are further supporting the expansion of the industry.
A key trend in India dairy industry is the increasing focus on health as well as wellness, driving demand for organic, low-fat, and fortified dairy products. In addition to this, consumers are becoming more health-conscious, seeking dairy products that offer added nutritional benefits, such as probiotics and vitamins, which are acting as another significant growth-inducing factor.
Furthermore, the rise of e-commerce along with online grocery platforms is transforming how dairy products are sold, making it easier for consumers to access fresh and packaged dairy goods. The adoption of technology in dairy farming, including automation in milk collection and processing, is also enhancing production efficiency and quality. As the demand for both traditional and value-added dairy products grows, driven by evolving consumer preferences and advancements in dairy farming and processing technologies, it is anticipated to drive the dairy industry in India in the coming years.
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Dairy Industry in India Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Segment:
- Liquid Milk
- UHT Milk
- A2 Milk
- Organic Milk
- Flavored Milk
- Curd
- Lassi
- Butter Milk (Chach)
- Flavored and Frozen Yoghurts
- Cheese
- Probiotic Dairy Products
- Table Butter
- Ghee
- Paneer
- Khoya
- Dairy Whitener
- Skimmed Milk Powder
- Ice Cream
- Dairy Sweets
- Cream
- Whey
- Milk Shake
- Sweet Condensed Milk
Breakup by Region:
- Karnataka
- Maharashtra
- Tamil Nadu
- Delhi
- Gujarat
- Andhra Pradesh and Telangana
- Uttar Pradesh
- West Bengal
- Kerala
- Haryana
- Punjab
- Rajasthan
- Madhya Pradesh
- Bihar
- Orissa
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key highlights of the Report:
- Market Performance (2019-2024)
- Market Outlook (2025-2033)
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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