Dairy Industry in Delhi to Reach INR 1,868.5 Billion by 2032, Impelled by Increasing Government Initiatives to Support Dairy Farming

February 08, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled "Dairy Industry in Delhi: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution," the dairy industry in Delhi reached a value of INR 726.3 Billion in 2023. The dairy industry generally involves raising, breedingand utilizing dairy animals for the production and processing of milk. The milk obtained from goats, sheep, buffalos and cows is widely utilized for preparing multiple dairy products. These products are a rich source of essential nutrients, such as magnesium, zinc, calcium, vitamins, riboflavin, choline, selenium and potassium, that aid in maintaining bone and dental health. Additionally, their consumption also helps in improving the natural balance of the gut microbiota, which results in a strong immune system and improved metabolism.

Dairy Industry in Delhi Market Trends:

The dairy market in Delhi is primarily driven by increasing investments and funding by private and publicfirmsfor upgrading the existing dairy infrastructure.Numerous initiatives undertaken by the state government in order to support the dairy industry by providing financial assistance to farmers are creating a positive outlook for the market. Additionally, the rising health-consciousness among the masses, along with the increasing preference for leading a healthy lifestyle, has provided a boost to the sales of dairy products across the state. This has also impelledmultiple key players to heavily invest in launching dairy products prepared using natural ingredients. Furthermore, continuous technological advancements and the increasing automation in the production processes are providing an impetus to the market growth. Besides this, continuous improvements in the e-commerce sector and the advent of online grocery stores arefavorably impacting the market growth. Other factors, including shifting dietary preferences, the escalating demand for skimmed dairy products and the introduction of product variants with sustainable packaging, are further contributing to the market growth across Delhi. On account of the aforementioned factors, the market is anticipated to reach a value of INR 1,868.5 Billion by 2032, growing at a CAGR of 10.7% during 2024-2032.

Market Summary:

Based on the product type, the market has been segmented into liquid milk, ghee, curd, paneer, ice-cream, table butter, skimmed milk powder, frozen/flavored yoghurt, fresh cream, lassi, buttermilk, cheese, flavored milk, UHT milk, dairy whitener, sweet condensed milk, infant food and malt-based beverages. Among these, liquid milk represents the majority of the total market share.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	INR Billion, Million Tons
Product Types Covered	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
Companies Covered	Mother Dairy, Amul, Paras, Delhi Milk Scheme and Kwality
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Dairy Industry in Delhi to Reach INR 1,868.5 Billion by 2032, Impelled by Increasing Government Initiatives to Support Dairy Farming

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