Buttermilk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Buttermilk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

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The buttermilk market in India size reached INR 162.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 819.4 Billion by 2032, exhibiting a growth rate (CAGR) of 19.1% during 2024-2032. The growing demand for healthy and natural beverages, wide availability through various distribution channels, and rising health consciousness among individuals represent some of the key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
INR 162.3 Billion
Market Forecast in 2032
INR 819.4 Billion
Market Growth Rate (2024-2032) 19.1%


Buttermilk, also known as chaach, is produced by churning fresh or pasteurized milk. It comprises water, milk sugar lactose, and milk protein casein and is a rich source of potassium, calcium, phosphorus, riboflavin, prebiotics, protein, pantothenic acid, and vitamins A and D. It is cost-effective, safe, convenient, sour in taste, and thicker as compared to milk. It improves digestive health, reduces blood pressure, and boosts the production of antibodies that strengthen the immune system. It assists in lowering cholesterol and triglyceride levels, maintaining bone strength, and preventing degenerative bone diseases, such as osteoporosis. Besides this, it may have anti-inflammatory effects on the skin cells of the mouth and improve oral health. It also minimizes inflammation and decreases the risk of developing chronic disorders, such as diabetes, cancer, and heart diseases. As it is widely utilized to produce pancakes, waffles, breads, biscuits, and muffins, the demand for buttermilk is rising in India.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Buttermilk Market in India Trends:

At present, the increasing utilization of buttermilk, as it promotes satiety and reduces appetite among individuals, represents one of the key factors supporting the growth of the market in India. Apart from this, the growing demand for buttermilk due to the increasing preferences for natural and healthy beverages among the masses is positively influencing the market in the country. Additionally, the rising popularity of buttermilk, as it is easily available in single serve packaging, is impelling the growth of the market. Besides this, the increasing demand for flavored buttermilk that has curry leaves, pepper, ginger, and cumin seeds with an increased shelf life is propelling the growth of the market in the country. In addition, the rising adoption of buttermilk to make numerous ice creams and dairy-based sauces is offering lucrative growth opportunities to industry investors. Moreover, the growing consumption of buttermilk due to the increasing health consciousness and changing dietary patterns is offering a favorable market outlook. In line with this, the wide availability of buttermilk through online and offline distribution channels in the country is bolstering the growth of the market. Furthermore, the increasing demand for buttermilk, as it prevents dehydration and maintains water balance in the body, is contributing to the growth of the market in India.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the buttermilk market in India, along with forecasts at the country and state levels from 2024-2032. Our report has categorized the market based on sector.

Sector Insights:

  • Retail
  • Institutional  
     

The report has provided a detailed breakup and analysis of the buttermilk market in India based on the sector. This includes retail and institutional. According to the report, retail represented the largest segment.

States Insights:

  • Karnataka
  • Maharashtra
  • Tamil Nadu
  • Delhi
  • Gujarat
  • Andhra Pradesh and Telangana
  • Uttar Pradesh
  • West Bengal
  • Kerala
  • Haryana
  • Punjab
  • Rajasthan
  • Madhya Pradesh
  • Bihar
  • Orissa
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Karnataka, Maharashtra, Tamil Nadu, Delhi, Gujarat, Andhra Pradesh and Telangana, Uttar Pradesh, West Bengal, Kerala, Haryana, Punjab, Rajasthan, Madhya Pradesh, Bihar, and Orissa. According to the report, Tamil Nadu was the largest market for buttermilk market in India. Some of the factors driving the Tamil Nadu buttermilk market in India included the growing preference for healthy and natural beverage, wide availability through online and offline distribution channels, rising health consciousness among individuals in the state, etc.  

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the buttermilk market in India. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include GCMMF, KMF, Mother Dairy, RCDF and Hatsun. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units INR Billion, Million Litres
Sectors Covered Retail, Institutional
 States Covered Maharashtra, Uttar Pradesh, Andhra Pradesh and Telangana, Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab, Orissa, Haryana
Companies Covered GCMMF, KMF, Mother Dairy, RCDF and Hatsun
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3999
Five User License: US$ 4999
Corporate License: US$ 5999
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the buttermilk market in India from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the buttermilk market in India.
  • The study maps the leading, as well as the fastest-growing, regional markets.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the buttermilk industry in India and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

Key Questions Answered in This Report

The buttermilk market in India was valued at INR 162.3 Billion in 2023.

We expect the buttermilk market in India to exhibit a CAGR of 19.1% during 2024-2032.

The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of buttermilk across the nation.

The introduction of several variants of buttermilk with longer shelf-life as well as traditional flavors and spices, such as curry leaves, ginger, black pepper, etc., is primarily driving the buttermilk market in India.

Based on the sector, the buttermilk market in India can be segmented into retail and institutional. Currently, the retail sector holds the majority of the total market share.

On a regional level, the market has been classified into Maharashtra, Uttar Pradesh, Andhra Pradesh and Telangana, Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab, Orissa, and Haryana, where Tamil Nadu currently dominates the buttermilk market in India.

Some of the major players in the buttermilk market in India include GCMMF, KMF, Mother Dairy, RCDF, and Hatsun.

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Buttermilk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
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