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India Yogurt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India yogurt market is expected to exhibit a CAGR of 21.50% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Yogurt refers to a coagulated dairy product prepared by fermenting milk using bacteria, such as L. acidophilus, L. rhamnosus, L. bulgaricus, streptococcus thermophilus, etc. Some of the commonly available yogurt varieties in the market include low-fat, non-fat, frozen, Greek, non-dairy, etc. Yogurt acts as an excellent source of calcium, potassium, magnesium, vitamins B6 and B12, riboflavin, etc., which promotes bone health. It also cures constipation by increasing bowel movements as well as assists in boosting the immune system, lowering inflammation, curing vaginal yeast infections, strengthening heart conditions, etc.

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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India Yogurt Market Trends:

The escalating popularity of yogurt as a nutrient-rich snack owing to the growing consumer health consciousness is primarily driving the growth of the India yogurt market. In addition to this, the widespread adoption of probiotic food products owing to the high prevalence of various digestive disorders, such as acidity, heartburn, irritable bowel syndrome (IBS), etc., is further stimulating the market growth. Moreover, the launch of yogurt variants in several exotic flavors, including blueberry, raspberry, mango, strawberry, etc., to cater to diverse consumer tastes and preferences is also bolstering the product demand in India. The wide availability of flavored yogurt across e-commerce platforms supported by numerous benefits, such as discounted offers, doorstep delivery, subscription options, etc., is further catalyzing the regional market. Apart from this, the changing consumer inclination from conventional ice creams towards frozen yogurt owing to lower fat content and higher nutritional value is acting as a significant growth-inducing factor. Furthermore, the emergence of dairy-free and plant-based yogurt prepared from the milk of soy, rice, almond, coconut, etc., for vegan and lactose-intolerant consumers is creating a positive outlook for the regional market. Numerous other factors, including the increasing penetration of western food trends, the introduction of drinkable yogurt, the escalating popularity of organic and clean-label product variants, etc., are expected to fuel the India yogurt market in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India yogurt market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, flavor and distribution channel.

Breakup by Product Type:

 

 

 
 

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Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • Set Yogurt
  • Greek Yogurt
  • Yogurt Drinks
  • Frozen Yogurt
  • Others
     

Breakup by Flavor:

  • Strawberry Blend
  • Vanilla
  • Plain
  • Strawberry
  • Peach
  • Others
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amul (Gujarat Co-operative Milk Marketing Federation Limited), Britannia Industries Limited, Cocoberry Retail Pvt. Ltd., Drums Food International Private Limited, Heritage Novandie Foods Private Limited, Karnataka Milk Federation, Milky Mist Dairy, Mother Dairy Fruit & Vegetable Private Limited, Nestlé India Limited and Parag Milk Foods.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units Billion INR
Segment Coverage Product Type, Flavor, Distribution Channel, Region
Region Covered North India, West and Central India, South India, East India
Companies Covered Amul (Gujarat Co-operative Milk Marketing Federation Limited), Britannia Industries Limited, Cocoberry Retail Pvt. Ltd., Drums Food International Private Limited, Heritage Novandie Foods Private Limited, Karnataka Milk Federation, Milky Mist Dairy, Mother Dairy Fruit & Vegetable Private Limited, Nestlé India Limited and Parag Milk Foods
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
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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:

  • How has the India yogurt market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India yogurt market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the flavor?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India yogurt market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    India Yogurt Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Set Yogurt
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Greek Yogurt
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Yogurt Drinks
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Frozen Yogurt
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Flavor
    7.1    Strawberry Blend
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Vanilla
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Plain
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Strawberry
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Peach
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Distribution Channel
    8.1    Supermarkets and Hypermarkets
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Convenience Stores
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Specialty Stores
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East India
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast 
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Amul (Gujarat Co-operative Milk Marketing Federation Limited)
        15.3.2    Britannia Industries Limited
        15.3.3    Cocoberry Retail Pvt. Ltd.
        15.3.4    Drums Food International Private Limited
        15.3.5    Heritage Novandie Foods Private Limited
        15.3.6    Karnataka Milk Federation
        15.3.7    Milky Mist Dairy
        15.3.8    Mother Dairy Fruit & Vegetable Private Limited
        15.3.9    Nestlé India Limited
        15.3.10    Parag Milk Foods

List of Figures

Figure 1: India: Yogurt Market: Major Drivers and Challenges
Figure 2: India: Yogurt Market: Sales Value (in Billion INR), 2016-2021
Figure 3: India: Yogurt Market Forecast: Sales Value (in Billion INR), 2022-2027
Figure 4: India: Yogurt Market: Breakup by Product Type (in %), 2021
Figure 5: India: Yogurt Market: Breakup by Flavor (in %), 2021
Figure 6: India: Yogurt Market: Breakup by Distribution Channel (in %), 2021
Figure 7: India: Yogurt Market: Breakup by Region (in %), 2021
Figure 8: India: Yogurt (Set Yogurt) Market: Sales Value (in Million INR), 2016 & 2021
Figure 9: India: Yogurt (Set Yogurt) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 10: India: Yogurt (Greek Yogurt) Market: Sales Value (in Million INR), 2016 & 2021
Figure 11: India: Yogurt (Greek Yogurt) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 12: India: Yogurt (Yogurt Drinks) Market: Sales Value (in Million INR), 2016 & 2021
Figure 13: India: Yogurt (Yogurt Drinks) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 14: India: Yogurt (Frozen Yogurt) Market: Sales Value (in Million INR), 2016 & 2021
Figure 15: India: Yogurt (Frozen Yogurt) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 16: India: Yogurt (Other Product Types) Market: Sales Value (in Million INR), 2016 & 2021
Figure 17: India: Yogurt (Other Product Types) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 18: India: Yogurt (Strawberry Blend) Market: Sales Value (in Million INR), 2016 & 2021
Figure 19: India: Yogurt (Strawberry Blend) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 20: India: Yogurt (Vanilla) Market: Sales Value (in Million INR), 2016 & 2021
Figure 21: India: Yogurt (Vanilla) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 22: India: Yogurt (Plain) Market: Sales Value (in Million INR), 2016 & 2021
Figure 23: India: Yogurt (Plain) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 24: India: Yogurt (Strawberry) Market: Sales Value (in Million INR), 2016 & 2021
Figure 25: India: Yogurt (Strawberry) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 26: India: Yogurt (Peach) Market: Sales Value (in Million INR), 2016 & 2021
Figure 27: India: Yogurt (Peach) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 28: India: Yogurt (Other Flavors) Market: Sales Value (in Million INR), 2016 & 2021
Figure 29: India: Yogurt (Other Flavors) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 30: India: Yogurt (Supermarkets and Hypermarkets) Market: Sales Value (in Million INR), 2016 & 2021
Figure 31: India: Yogurt (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 32: India: Yogurt (Convenience Stores) Market: Sales Value (in Million INR), 2016 & 2021
Figure 33: India: Yogurt (Convenience Stores) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 34: India: Yogurt (Specialty Stores) Market: Sales Value (in Million INR), 2016 & 2021
Figure 35: India: Yogurt (Specialty Stores) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 36: India: Yogurt (Online Stores) Market: Sales Value (in Million INR), 2016 & 2021
Figure 37: India: Yogurt (Online Stores) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 38: India: Yogurt (Other Distribution Channels) Market: Sales Value (in Million INR), 2016 & 2021
Figure 39: India: Yogurt (Other Distribution Channels) Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 40: North India: Yogurt Market: Sales Value (in Million INR), 2016 & 2021
Figure 41: North India: Yogurt Market: Breakup by State (in %), 2021
Figure 42: North India: Yogurt Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 43: West and Central India: Yogurt Market: Sales Value (in Million INR), 2016 & 2021
Figure 44: West and Central India: Yogurt Market: Breakup by State (in %), 2021
Figure 45: West and Central India: Yogurt Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 46: South India: Yogurt Market: Sales Value (in Million INR), 2016 & 2021
Figure 47: South India: Yogurt Market: Breakup by State (in %), 2021
Figure 48: South India: Yogurt Market Forecast: Sales Value (in Million INR), 2022-2027 
Figure 49: East India: Yogurt Market: Sales Value (in Million INR), 2016 & 2021
Figure 50: East India: Yogurt Market: Breakup by State (in %), 2021
Figure 51: East India: Yogurt Market Forecast: Sales Value (in Million INR), 2022-2027
Figure 52: India: Yogurt Industry: SWOT Analysis
Figure 53: India: Yogurt Industry: Value Chain Analysis
Figure 54: India: Yogurt Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Yogurt Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Yogurt Market Forecast: Breakup by Product Type (in Million INR), 2022-2027
Table 3: India: Yogurt Market Forecast: Breakup by Flavor (in Million INR), 2022-2027
Table 4: India: Yogurt Market Forecast: Breakup by Distribution Channel (in Million INR), 2022-2027
Table 5: India: Yogurt Market Forecast: Breakup by Region (in Million INR), 2022-2027
Table 6: India: Yogurt Market: Competitive Structure
Table 7: India: Yogurt Market: Key Players


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