IMARC Group’s latest report, titled “Dairy Industry in West Bengal: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the West Bengal dairy market. The state currently represents the ninth largest dairy market in India. The milk production in West Bengal 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 market share. According to the report, the West Bengal dairy market is expected to grow at a CAGR of 14.7% during the forecast period (2021-2026).
Based on the product type, this report has categorized the West Bengal dairy market into 18 major product segments:
- 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
- Malt based beverages
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 West Bengal, 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 West Bengal’s dairy market has also been examined in this report. Some of the major players covered in the report include GCMMF (Amul), Mother Dairy (WBCMPF), Metro Dairy Ltd., Red crow Dairy, etc.
The study provides a detailed evaluation of the dairy market landscape in West Bengal, 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 West Bengal 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 West Bengal dairy market in any manner.