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IMARC Group’s latest report, titled “Dairy Industry in Andhra Pradesh 2023-2028: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Andhra Pradesh dairy market. The milk production in Andhra Pradesh mainly consists of cow and buffalo milk. According to the report, the Andhra Pradesh dairy market size reached INR 608.1 Billion in 2022. Looking forward, the market is expected to reach INR 1,014.3 Billion by 2028, exhibiting a growth rate (CAGR) of 8.8% during 2023-2028.
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 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.
The dairy industry in Andhra Pradesh was valued at INR 608.1 Billion in 2022.
We expect the dairy industry in Andhra Pradesh to exhibit a CAGR of 8.8% during 2023-2028.
The growing demand for various dairy products, such as buttermilk, cheese, yoghurt, ice-cream, etc.,
is primarily driving the dairy industry in Andhra Pradesh.
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 dairy products in Andhra Pradesh.
Based on the product type, the dairy industry in Andhra Pradesh can be bifurcated into liquid milk,
ghee, curd, paneer, ice-cream, table butter, skimmed milk powder, frozen/flavored yoghurt, fresh
cream, lassi, butter milk, cheese, flavored milk, UHT milk, dairy whitener, sweet condensed milk,
infant food, and malt based beverages. Among these, liquid milk currently holds the majority of the
total market share.
Some of the major players in the dairy industry in Andhra Pradesh 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.
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