Dairy Industry in Gujarat to Reach INR 4,127.7 Billion by 2032, Impelled by Increasing Demand for Dairy Products

October 14, 2022 | Food & Beverages

According to the latest report by IMARC Group, titled “Dairy industry in Gujarat: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution," the dairy industry in Gujarat reached a value of INR 1,311.1 Billion in 2023. A dairy industry involves harvesting and processing animal milk, mostly from cows or buffaloes, but also from goats, sheep, horses, or camels, for human consumption. It produces milk and processes it into a variety of dairy products, such as yoghurts, creams, and soft cheese. Dairy products offer various nutrients, such as calcium, proteins, zinc, magnesium, and vitamin D and B12. Dairy industries producing liquid milk and products with short shelf life tend to be situated close to consumer markets. Over the years, the dairy industry in Gujarat has witnessed significant improvements in technology and modernization.

Dairy Industry in Gujarat Trends:

The growth of the dairy industry in Gujarat is majorly driven by rapid industrialization. In line with this, the increasing demand for ready-to-eat (RTE) products, such as frozen desserts, butter, milk powder, and yoghurt, is positively influencing the industry's growth. Furthermore, the rising consumption of dairy products and changing consumer preferences from meat to dairy products for their daily protein intake are catalyzing the market. Moreover, the growing focus on infant nutrition and the augmenting demand for organic and clean-label dairy products are creating a positive market outlook. Besides this, multiple dairy industries in Gujarat are offering innovations in packaging, such as small portion sizes, on-the-go packs, and single-serve variants, which are gaining widespread prominence among the masses. Additionally, the dairy industry is investing heavily in research and development activities to incorporate innovative technologies with the manufacturing process. On account of the aforementioned factors, the market is anticipated to reach a value of INR 4,127.7 Billion by 2032, exhibiting a CAGR of 13.2% during 2024-2032.

Market Summary:

On the basis of the product type, the market has been segmented into liquid milk, ghee, curd, paneer, ice cream, table butter, skimmed milk powder, frozen/flavoured yoghurt, fresh cream, lassi, butter milk, cheese, flavored milk, UHT milk, dairy whitener, sweet condensed milk, infant food, and malt-based beverages. At present, liquid milk represents the largest product segment in Gujarat, accounting for the majority of the total market share.
The competitive landscape of the market has also been examined, with some of the key players being Amul (Gujarat State Cooperative Milk Producers’ Federation), Maahi Milk Producer Company Ltd, and Vimal Dairy Ltd.

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	Amul (Gujarat State Cooperative Milk Producers’ Federation), Maahi Milk Producer Company Ltd and Vimal Dairy Ltd.
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)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Dairy Industry in Gujarat to Reach INR 4,127.7 Billion by 2032, Impelled by Increasing Demand for Dairy Products

Purchase options

Single User License $3999
Five User License $4999
Corporate User License $5999

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.