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IMARC Group’s latest report, titled “Dairy Industry in Karnataka: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Karnataka dairy market. The state currently represents the seventh largest dairy market in India. The milk production in Karnataka mainly consists of cow milk and buffalo milk. According to the report, the Karnataka dairy market reached a value of INR 798.7 Billion in 2021.
Based on the product type, this report has categorized the Karnataka 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 Karnataka, 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 Karnataka’s dairy market has also been examined in this report. Some of the major players covered in the report include Karnataka Milk Federation, Tirumala Dairy, Dodla Dairy and Heritage Dairy. Looking forward, IMARC Group expects the Karnataka dairy market to reach INR 1,866.7 Billion by 2027, exhibiting a CAGR of 15.17% during 2022-2027.
The study provides a detailed evaluation of the dairy market landscape in Karnataka, 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 Karnataka 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 Karnataka dairy market in any manner.
The dairy industry in Karnataka was valued at INR 798.7 Billion in 2021.
We expect the dairy industry in Karnataka to exhibit a CAGR of 15.17% during 2022-2027.
The continuous evolution of the dairy industry into an organized sector, along with the increasing
consumption of diverse value-added dairy products, such as cheese, probiotic drinks, yogurt, etc., is
primarily driving the dairy industry in Karnataka.
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
numerous dairy products in Karnataka.
Based on the product type, the dairy industry in Karnataka 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
Some of the major players in the dairy industry in Karnataka include Karnataka Milk Federation,
Tirumala Dairy, Dodla Dairy, and Heritage Dairy.
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