Curd, also known as Dahi, is prepared by coagulating milk by adding a starter culture of lactic acid bacteria, vinegar or lemon juice. Curd represents an essential part of a balanced diet and can also be consumed by lactose intolerant people. Owing to the high content of calcium, vitamin D, proteins and phosphorus present in it, curd helps to strengthen bones and improve digestion. Besides this, it also reduces the chance of breast cancer. A recently released report by IMARC Group, titled “Curd Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, critically examines the Indian curd market. The report finds that the market size reached INR 1,571.7 Billion in 2023. The healthy growth of the market can be attributed to numerous forces. Population growth, rising disposable incomes, increasing health consciousness among consumers and affordable price are some of the factors that are currently broadening the growth aspects of the market. Looking forward, the curd market in India is expected to reach INR 4,948.0 Billion by 2032, exhibiting a growth rate (CAGR) of 13.2% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
INR 1,571.7 Billion
Market Forecast in 2032
INR 4,948.0 Billion
Market Growth Rate 2024-2032
13.2%
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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The report has examined the Indian Curd Market in 15 major states:
Maharashtra
Uttar Pradesh
Andhra Pradesh and Telangana
Tamil Nadu
Gujarat
Rajasthan
Karnataka
Madhya Pradesh
West Bengal
Bihar
Delhi
Kerala
Punjab
Orissa
Haryana
For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the region with highest market share in the country. The competitive landscape of the Indian curd market has also been covered in this report. Some of the prominent players operating in the market include KMF, GCMMF, Mother Dairy, Sri Vijaya Visakha Milk Producers and Heritage.
The study gives an in-depth analysis of the curd market landscape in India, covering the current, historical and future trends for curd production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian curd market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian curd industry in any manner.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
INR Billion, Million Litres
Types Covered
Cup Curd, Pouch Curd, Others
Retail Vs Institutionals 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
KMF, GCMMF, Mother Dairy, Sri Vijaya Visakha Milk Producers, Heritage
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3999
Five User License: US$ 4999
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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 Questions Answered in This Report
The curd market in India was valued at INR 1,571.7 Billion in 2023.
We expect the curd market in India to exhibit a CAGR of 13.2% 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 curd across the nation.
The rising consumer awareness towards associated health benefits of curd, such as strengthening bones and teeth, improving digestion, and reducing the risks of heart disease, along with the introduction of dairy-free curd for lactose-intolerant consumers, is primarily driving the curd market in India.
Based on the type, the curd market in India has been segregated into cup curd, pouch curd, and others. Among these, cup curd currently holds the largest market share.
Based on the retail vs institutional, the curd market in India can be bifurcated into retail and institutional. Currently, the retail sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into Maharashtra, Uttar Pradesh, Andhra Pradesh, Telangana, Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab, Orissa, and Haryana, where Maharashtra currently dominates the curd market in India.
Some of the major players in the curd market in India include KMF, GCMMF, Mother Dairy, Sri Vijaya Visakha Milk Producers, and Heritage.
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