According to the latest report by IMARC Group, titled “Gujarat Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the gujarat dairy market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of 15.5% during 2021-2026.
Milk refers to a liquid food that is a rich source of macro-and micro-nutrients, such as carbohydrates, calcium, proteins, vitamins A and D, zinc, magnesium, etc. These nutrients offer numerous health benefits, such as strengthening bones, enhancing metabolism, reducing the risks of cardiac diseases, etc. The dairy industry widely utilizes raw milk to manufacture various dairy products, including ghee, butter, condensed milk, cheese, desserts, yogurt, cream, etc
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Gujarat Dairy Market Trends:
The increasing health consciousness and inflating disposable income levels of the Indian consumers are primarily driving the Gujarat dairy market. Furthermore, the transformation of the industry from an unorganized to an organized sector is driving the market growth. In addition to this, several regional key manufacturers are upgrading their network of milk procurement to expand their consumer base. Moreover, the rising availability of numerous value-added products, such as cheese and probiotic drinks, is catalyzing the product demand. Besides this, continuous technological advancements for extending the shelf life of milk are also working as significant growth impelling factors. Additionally, the launch of numerous initiatives by several government bodies for enhancing dairy farming practices is expected to propel the market growth in the coming years.
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Gujarat Dairy Market 2021-2026 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Amul (Gujarat State Cooperative Milk Producers’ Federation), Maahi Milk Producer Company Ltd and Vimal Dairy Ltd.
The report has segmented the market on the basis on the product type
Breakup by Product Type:
- Liquid milk
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Butter milk
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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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