Milk (Dairy and Soy Food) Market in India – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The India milk market was valued at INR1,006.25 billion in 2020. The market is expected to grow at a CAGR of more than 13% during the forecast period. The market achieved its strongest performance in 2018, and its weakest performance in 2020.
The India milk market research report provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for milk and its variants evaporated milk, fermented milk, flavored milk and white milk.
India milk market overview
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What are the key segments in the milk market in India?
The key segments in the milk market in India are white milk, fermented milk, flavored milk, and evaporated milk. White milk had the highest share in the year 2020, followed by fermented milk, flavored milk and evaporated milk.
India milk market, by segments
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What are the key distribution channels in the milk market in India?
The key distribution channels in the milk market in India are convenience stores, food & drinks specialists, hypermarkets & supermarkets, “dollar stores”, variety stores, and e-Retailers. The predominant distribution channel for India Milk market was convenience stores. However, e-Retailers registered fastest growth in the review period.
India milk market, by distribution channels
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Which are the key companies in the milk market in India?
The key milk companies in India are Amul, Mother Dairy,Nandini, Aavin, Vijaya, Heritage, Saras, Sudha, Verka, and Aarey. In 2020, India Milk market has been led by Amul. However, Nandini has shown the fastest growth during the review period.
India milk market, by key companies
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Market report scope
Market size 2020 | INR1006.25 billion |
CAGR | >13% |
Forecast period | 2020-2025 |
Key segments | White Milk, Fermented Milk, Flavored Milk, and Evaporated Milk |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, “Dollar Stores”, Variety Stores, and e-Retailers |
Key companies | Amul, Mother Dairy, Nandini, Aavin, Vijaya, Heritage, Saras, Sudha, Verka, and Aarey |
Scope
- Overall milk (dairy and soy food) market value and volume analytics with growth analysis from 2015 to 2025.
- Value and volume terms for the top brands.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the milk (dairy and soy food) market and fill in the gaps in understanding of trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the India milk market size in the year 2020?
The milk market size in India was valued at INR1,006.25 billion in the year 2020.
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What is the India milk market growth rate?
The milk market in India is expected to grow at a CAGR of more than 13% during the forecast period.
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What are the key segments in the India milk market?
White milk, fermented milk, flavored milk, and evaporated milk are the key segments in the Indian milk market.
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What are the key distribution channels in the India milk market?
Convenience stores, hypermarkets & supermarkets, food & drinks specialists, “dollar stores”, variety stores, and e-retailers are the key distribution channels in the Indian milk market.
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Which are the key brands in the India milk market?
Amul, Mother Dairy, Nandini, Aavin, Vijaya, Heritage, Saras, Sudha, Verka, and Aarey are the key brands in the Indian milk market.
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