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IMARC Group’s latest report, titled “Dairy Industry in Gujarat: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Gujarat dairy market. The state currently represents the fifth largest dairy market in India. The milk production in Gujarat mainly consists of cow and buffalo milk. According to the report, the dairy market in Gujarat size reached INR 983.7 Billion in 2021. Looking forward, the market is expected to reach INR 2,384.3 Billion by 2027, exhibiting a growth rate (CAGR) of 15.7% during 2022-2027.
Based on the product type, this report has categorized the Gujarat 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 Gujarat, accounting for majority of the market share. Some of the fastest growing segments include frozen/flavoured yogurt, cheese, probiotic milk drinks, UHT milk and flavoured milk. The competitive landscape of Gujarat’s dairy market has also been examined in this report. Some of the major players include Amul (Gujarat State Cooperative Milk Producers’ Federation), Maahi Milk Producer Company Ltd and Vimal Dairy Ltd.
The study provides a detailed evaluation of the dairy market landscape in Gujarat, 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 Gujarat 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. 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 Gujarat dairy market in any manner.
The dairy industry in Gujarat was valued at INR 983.7 Billion in 2021.
We expect the dairy industry in Gujarat to exhibit a CAGR of 15.7% during 2022-2027.
The evolution of the dairy industry into a relatively organized sector, along with the increasing
consumption of different value-added dairy products, such as cheese, probiotic drinks, yogurt, etc., is
primarily driving the dairy industry in Gujarat.
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 across the region.
Based on the product type, the dairy industry in Gujarat can be segregated into liquid milk, ghee, curd,
paneer, ice-cream, table butter, skimmed milk powder, frozen/flavoured yoghurt, fresh cream, lassi,
butter milk, cheese, flavoured 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 Gujarat include Amul (Gujarat State Cooperative Milk
Producers’ Federation), Maahi Milk Producer Company Ltd, and Vimal Dairy Ltd.
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