Consumer and Market Insights: Dairy & Soy Food in India
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The Indian Dairy market is the largest in world, due to India’s large young population and growing disposable incomes amongst consumers. The Market grew at a CAGR of 3.9%, in US$ terms, from 2010-2015, due to the Indian Rupee’s depreciation against the dollar, but is expected to rise to 7.9% in US$ terms as the currency stabilizes with economic growth. India’s increasingly wealthy population will begin to consume more Dairy as it becomes affordable for more consumers, which will further drive growth of the market in the future.
Scope
The Milk category accounted for 92.0% of the value of India’s entire Dairy industry in 2015
Drinkable Yogurt is expected to register the fastest CAGR growth of 14.3% in off-trade between 2015-2020
Dairy is increasingly being used to meet the health needs and development of India’s large young population, as 34.4% of the population is under 30
Convenience Stores were the leading distribution channel of Dairy in India, with 43.1% share in 2014
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As consumers’ product demands evolve, the dynamics between different countries also change – favoring some countries and leaving others increasingly out of line with demand patterns. As a result, understanding the specific market dynamics of the Canada market is crucial to ensuring maximum future sales
The differing growth rates in regional product sales drive fundamental shifts in the market. This report provides detailed, authoritative data on these changes – prime intelligence for marketers
Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future
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Spencers Retail
D Mart
Amul
Mother Dairy
Brittania
Nutrilite
Milkmaid
Aavin
Mithai Mate
Nandini
Soy Milky
Soyvita
Sofit
Mida’s
Milky Mist
Nestle
Haldiram
Heritage
Kitchens of India
Yakult
Danone
Dahi
Milk Time
Kraft
Vijaya
V
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