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 1,139.1 Billion in 2022. 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 2,648.6 Billion by 2028, exhibiting a CAGR of 14.3% during 2023-2028.
- 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.
|Base Year of the Analysis
||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
||Amul (Gujarat State Cooperative Milk Producers’ Federation), Maahi Milk Producer Company Ltd and Vimal Dairy Ltd.
||10% Free Customization
|Report Price and Purchase Option
||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support
||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
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.
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800