Flavoured Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Flavoured Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A778
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Market Overview:

The flavoured milk market in India size reached INR 52.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 322.8 Billion by 2032, exhibiting a growth rate (CAGR) of 21.8% during 2024-2032.

Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023 INR 52.0 Billion
Market Forecast in 2032 INR 322.8 Billion
Market Growth Rate (2024-2032) 21.8%


Flavoured milk represents one of the most popular dairy-based beverages in India. It is made by adding sugar, emulsifiers and flavours such as vanilla, chocolate, mango, butterscotch, etc. to skim or whole fluid milk. It is a convenient, flavoursome and healthy alternative to carbonated beverages, as a result of which, it is preferred by both school going children as well as working adults. The strong growth of the market can be attributed to the rising health consciousness among consumers which has led to a shift towards dairy based products. Some of the other growth inducing factors include increasing disposable incomes and growing population. 

The report has examined the Indian Flavoured Milk Market in 15 major states:

  • Maharashtra
  • Uttar Pradesh
  • Andhra Pradesh and Telangana
  • Tamil Nadu
  • Gujarat
  • Rajasthan
  • Karnataka
  • Madhya Pradesh
  • West Bengal
  • Bihar
  • Delhi
  • Kerala
  • Punjab
  • Orissa
  • Haryana


For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the largest market, accounting for majority of the market share. The competitive landscape of the Indian flavoured milk market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, Mother Dairy, KMF, CavinKare and TN Cooperative.

The study gives an in-depth analysis of the flavoured milk market landscape in India, covering the current, historical and future trends for flavoured milk production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian flavoured milk market along with breakup by segment, region, 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 Indian flavoured milk industry in any manner.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units INR Billion, Million Litres
 States Covered Maharashtra, Uttar Pradesh, Andhra Pradesh and Telangana, Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab, Orissa, Haryana
Companies Covered GCMMF, Mother Dairy, KMF, CavinKare and TN Cooperative
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3999
Five User License: US$ 4999
Corporate License: US$ 5999
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The flavoured milk market in India was valued at INR 52.0 Billion in 2023.

We expect the flavoured milk market in India to exhibit a CAGR of 21.8% during 2024-2032.

The growing popularity of low-fat flavored milk over carbonated beverages, particularly among the health conscious consumers, is primarily catalyzing the flavoured milk market 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 flavoured milk.

Based on the sector, the flavoured milk market in India can be segmented into retail and
institutional. Currently, retail channel holds the majority of the total market share.

On a regional level, the market has been classified into Maharashtra, Uttar Pradesh, Andhra Pradesh and Telangana, Tamil Nadu, Gujarat, Rajasthan, Karnataka, Madhya Pradesh, West Bengal, Bihar, Delhi, Kerala, Punjab, Orissa, and Haryana, where Maharashtra currently dominates the market.

Some of the major players in the flavoured milk market in India include GCMMF, Mother Dairy, KMF, CavinKare, and TN Cooperative.

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Flavoured Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032
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