IMARC Group’s latest report, titled “Dairy Industry in Tamil Nadu: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Tamil Nadu dairy market. In 2019, the milk production in Tamil Nadu reached a volume of 9 Billion Litres. The state currently represents the fourth largest dairy market in India. The milk production in Tamil Nadu 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 total share. According to the report, the Tamil Nadu dairy market grew at a CAGR of 12.8% during 2014-2019.
Based on the product type, this report has categorized the Tamil Nadu 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 Tamil Nadu, accounting for majority of the total market share. Some of the fastest growing segments include frozen/flavoured yogurt, cheese, UHT milk, flavoured milk and probiotic milk drinks. The competitive landscape of Tamil Nadu’s dairy market has also been examined in this report. Some of the major players covered in the report include Tamil Nadu Cooperative, Hatsun, and Tirumala. Looking forward, IMARC Group expects the Tamil Nadu dairy market to continue its strong growth during the next five years.
The study provides a detailed evaluation of the dairy market landscape in Tamil Nadu, 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 Tamil Nadu 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 Tamil Nadu dairy market in any manner.
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