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Sector Analysis
Consumer and Market Insights: Dairy & Soy Food in India
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...