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The curd market in India was valued at INR 1,184.3 Billion in 2021.
We expect the curd market in India to exhibit a CAGR of 15.24% during 2022-2027.
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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