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IMARC Group’s latest report, titled “Dairy Industry in Andhra Pradesh 2021-2026: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Andhra Pradesh dairy market. The state currently represents the third largest dairy market in India. The milk production in Andhra Pradesh mainly consists of cow and buffalo milk. The report’s analysis concludes that cow milk dominates the total milk production, accounting for majority of the market share. According to the report, the Andhra Preadesh dairy market reached a value of INR 506.7 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 9.5% during 2021-2026.
Based on the product type, this report has categorized the Andhra Pradesh dairy market into 18 major product segments:
For each of the product segments, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, liquid milk represents the biggest product segment in Andhra Pradesh, accounting for majority of the total market share. Some of the fastest growing segments include frozen/flavoured yoghurt, cheese, UHT milk, flavoured milk and butter milk. The competitive landscape of Andhra Pradesh’s dairy market has also been examined in this report. Some of the major players include Vijaya (Andhra Pradesh Dairy Development Cooperative Federation Ltd), Tirumala Milk Products Limited India Ltd, Heritage Foods India Ltd, Dodla Dairy Ltd and Creamline Dairy Products Ltd.
The study provides a detailed evaluation of the dairy market landscape in Andhra Pradesh, covering the current, historical and future trends for milk production, milk production by cattle, milk procurement prices, etc. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of Andhra Pradesh dairy market along with market segmentation by product type and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. In order to provide a clearer picture, the report also presents this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements. 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 Andhra Pradesh dairy market in any manner.
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