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The dairy industry in India was valued at INR 11,357 Billion in 2020.
The evolution of the dairy industry from an unorganized to a relatively organized sector, along with the increasing consumption of different value-added products, such as cheese, probiotic drinks, yogurt, etc., is currently driving the dairy industry in India.
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.
Based on the product type, the dairy industry in India can be segregated into liquid milk, flavoured and frozen yogurt and cheese, UHT milk, flavoured milk, curd, lassi, butter milk, probiotic dairy products, table butter, ghee, paneer, khoya, skimmed milk powder, dairy whiteners, ice cream, dairy sweets, cream, whey and sweet condensed milk. Among these, liquid milk currently represents the largest segment.
On a regional level, the market has been classified into Uttar Pradesh, Rajasthan, Gujarat, Madhya Pradesh, Andhra Pradesh, and Punjab, where Uttar Pradesh currently dominates the dairy industry in India.
Some of the major players in the dairy industry in India include Private Dairies, Nestlé India Limited, Hatsun Agro Product Limited, Tirumala Milk Products Pvt Ltd, Milk Food Limited, Heritage Foods India Limited, Dairy Co-operatives, Gujarat Co-operative Milk Marketing Federation Ltd, Mother Dairy Fruits & Vegetables Pvt Limited, Karnataka Co-operative Milk Producers Federation Limited, Rajasthan Cooperative Dairy Federation Ltd (RCDF), and Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF).
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