The Indian skimmed milk powder (SMP) market grew at a CAGR of nearly 10% during 2011-2018. Skimmed milk powder is obtained by removing the moisture from pasteurized skimmed milk. It is a rich source of essential nutrients required by the body for the overall growth. It contains low moisture, fat and milk protein content and is used as a substitute to whole milk powder by the consumers who want to reduce their calorie intake. The healthy growth of the market can be attributed to numerous forces. The market is primarily being driven by growing health consciousness among the consumers. Some of the other factors which have contributed to the growth of the market include increasing population, rising incomes, improving standards of living and penetration in the emerging regions. According to a recent report from IMARC Group, the market is further expected to exhibit a strong growth during the forecast period (2019-2024).
The report has examined the Indian Skimmed Milk Powder Market in 15 major states:
- Maharashtra
- Uttar Pradesh
- Andhra Pradesh
- 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, West Bengal represents the largest market, accounting for majority of the market share. It is followed by Maharashtra and Kerala. The competitive landscape of the Indian skimmed milk powder market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, KMF, Mother Dairy, TN Cooperative and RCDF.
The study gives an in-depth analysis of the skimmed milk powder market landscape in India, covering the current, historical and future trends for skimmed milk powder production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian skimmed milk powder 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 skimmed milk powder industry in any manner.
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 Indian Dairy Industry
5.1 Market Overview
5.2 Market Performance
5.3 Market by Organised and Unorganised Segment
5.4 Milk Production and Consumption Trends
5.4.1 Current and Historical Trends
5.4.2 Production and Consumption Forecast
5.5 Milk Production by State
5.6 Milk Production by Cattle
5.7 Milk Utilization Patterns in India
5.8 Market Forecast
6 Indian Skimmed Milk Powder Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Volume Trends
6.2.2 Value Trends
6.3 Price Trends
6.3.1 Milk Procurement Price Trends
6.3.2 Skimmed Milk Powder Price Trends
6.4 Market Breakup by Region
6.5 Market Forecast
6.6 SWOT Analysis
6.6.1 Overview
6.6.2 Strengths
6.6.3 Weaknesses
6.6.4 Opportunities
6.6.5 Threats
6.7 Value Chain Analysis
6.8 Porter’s Five Forces Analysis
6.8.1 Overview
6.8.2 Bargaining Power of Buyers
6.8.3 Bargaining Power of Suppliers
6.8.4 Degree of Competition
6.8.5 Threat of New Entrants
6.8.6 Threat of Substitutes
6.9 Key Success Factors and Risk Factors
7 Performance of Key Regions
7.1 Karnataka
7.1.1 Market Performance
7.1.1.1 Volume Trends
7.1.1.2 Value Trends
7.1.2 Competitive Landscape
7.1.3 Market Forecast
7.1.3.1 Volume Trends
7.1.3.2 Value Trends
7.2 Maharashtra
7.2.1 Market Performance
7.2.1.1 Volume Trends
7.2.1.2 Value Trends
7.2.2 Competitive Landscape
7.2.3 Market Forecast
7.2.3.1 Volume Trends
7.2.3.2 Value Trends
7.3 Tamil Nadu
7.3.1 Market Performance
7.3.1.1 Volume Trends
7.3.1.2 Value Trends
7.3.2 Competitive Landscape
7.3.3 Market Forecast
7.3.3.1 Volume Trends
7.3.3.2 Value Trends
7.4 Delhi
7.4.1 Market Performance
7.4.1.1 Volume Trends
7.4.1.2 Value Trends
7.4.2 Competitive Landscape
7.4.3 Market Forecast
7.4.3.1 Volume Trends
7.4.3.2 Value Trends
7.5 Gujarat
7.5.1 Market Performance
7.5.1.1 Volume Trends
7.5.1.2 Value Trends
7.5.2 Competitive Landscape
7.5.3 Market Forecast
7.5.3.1 Volume Trends
7.5.3.2 Value Trends
7.6 Andhra Pradesh and Telangana
7.6.1 Market Performance
7.6.1.1 Volume Trends
7.6.1.2 Value Trends
7.6.2 Competitive Landscape
7.6.3 Market Forecast
7.6.3.1 Volume Trends
7.6.3.2 Value Trends
7.7 Uttar Pradesh
7.7.1 Market Performance
7.7.1.1 Volume Trends
7.7.1.2 Value Trends
7.7.2 Competitive Landscape
7.7.3 Market Forecast
7.7.3.1 Volume Trends
7.7.3.2 Value Trends
7.8 West Bengal
7.8.1 Market Performance
7.8.1.1 Volume Trends
7.8.1.2 Value Trends
7.8.2 Competitive Landscape
7.8.3 Market Forecast
7.8.3.1 Volume Trends
7.8.3.2 Value Trends
7.9 Kerala
7.9.1 Market Performance
7.9.1.1 Volume Trends
7.9.1.2 Value Trends
7.9.2 Competitive Landscape
7.9.3 Market Forecast
7.9.3.1 Volume Trends
7.9.3.2 Value Trends
7.10 Haryana
7.10.1 Market Performance
7.10.1.1 Volume Trends
7.10.1.2 Value Trends
7.10.2 Competitive Landscape
7.10.3 Market Forecast
7.10.3.1 Volume Trends
7.10.3.2 Value Trends
7.11 Punjab
7.11.1 Market Performance
7.11.1.1 Volume Trends
7.11.1.2 Value Trends
7.11.2 Competitive Landscape
7.11.3 Market Forecast
7.11.3.1 Volume Trends
7.11.3.2 Value Trends
7.12 Rajasthan
7.12.1 Market Performance
7.12.1.1 Volume Trends
7.12.1.2 Value Trends
7.12.2 Competitive Landscape
7.12.3 Market Forecast
7.12.3.1 Volume Trends
7.12.3.2 Value Trends
7.13 Madhya Pradesh
7.13.1 Market Performance
7.13.1.1 Volume Trends
7.13.1.2 Value Trends
7.13.2 Competitive Landscape
7.13.3 Market Forecast
7.13.3.1 Volume Trends
7.13.3.2 Value Trends
7.14 Bihar
7.14.1 Market Performance
7.14.1.1 Volume Trends
7.14.1.2 Value Trends
7.14.2 Competitive Landscape
7.14.3 Market Forecast
7.14.3.1 Volume Trends
7.14.3.2 Value Trends
7.15 Orissa
7.15.1 Market Performance
7.15.1.1 Volume Trends
7.15.1.2 Value Trends
7.15.2 Competitive Landscape
7.15.3 Market Forecast
7.15.3.1 Volume Trends
7.15.3.2 Value Trends
8 Market Breakup by Sector
8.1 Retail Sector
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Institutional Sector
8.1.1 Market Trends
8.1.2 Market Forecast
9 Competitive Landscape
9.1 Competitive Structure
9.2 Market Share of Key Players
10 Skimmed Milk Powder Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis
14 Key Player Profiles
List of Figures
Figure 1: India: Dairy Industry Overview
Figure 2: India: Dairy Market (in Billion INR), 2011-2018
Figure 3: India: Dairy Market: Breakup by Segment (in %), 2018
Figure 4: India: Total Milk Production (in Million Metric Tons), 2011-12 – 2018-19
Figure 5: India: Total Milk Consumption (in Million Metric Tons), 2011-12 – 2018-19
Figure 6: India: Total Milk Production Forecast (in Million Metric Tons), 2019-20 – 2024-25
Figure 7: India: Total Milk Consumption Forecast (in Million Metric Tons), 2019-20 – 2024-25
Figure 8: India: Milk Utilisation Patterns
Figure 9: India: Dairy Market Forecast (in Billion INR), 2019-2024
Figure 10: India: Skimmed Milk Powder Industry Overview
Figure 11: India: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 12: India: Skimmed Milk Powder Market: Value Trends (in Billion INR), 2011-2018
Figure 13: India: Milk Market: Procurement Price Trends (in INR/Kg), 2011-2018
Figure 14: India: Skimmed Milk Powder Market: Retail Price Trends (in INR/Kg), 2011-2018
Figure 15: India: Skimmed Milk Powder Market: Breakup by Region (in %), 2018
Figure 16: India: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 17: India: Skimmed Milk Powder Market Forecast: Value Trends (in Billion INR), 2019-2024
Figure 18: India: Skimmed Milk Powder Industry: SWOT Analysis
Figure 19: India: Skimmed Milk Powder Industry: Value Chain Analysis
Figure 20: India: Skimmed Milk Powder Industry: Porter’s Five Forces Analysis
Figure 21: Karnataka: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 22: Karnataka: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 23: Karnataka: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 24: Karnataka: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 25: Karnataka: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 26: Maharashtra: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 27: Maharashtra: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 28: Maharashtra: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 29: Maharashtra: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 30: Maharashtra: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 31: Tamil Nadu: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 32: Tamil Nadu: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 33: Tamil Nadu: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 34: Tamil Nadu: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 35: Tamil Nadu: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 36: Delhi: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 37: Delhi: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 38: Delhi: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 39: Delhi: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 40: Delhi: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 41: Gujarat: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 42: Gujarat: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 43: Gujarat: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 44: Gujarat: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 45: Gujarat: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 46: Andhra Pradesh and Telangana: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 47: Andhra Pradesh and Telangana: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 48: Andhra Pradesh and Telangana: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 49: Andhra Pradesh and Telangana: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 50: Andhra Pradesh and Telangana: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 51: Uttar Pradesh: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 52: Uttar Pradesh: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 53: Uttar Pradesh: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 54: Uttar Pradesh: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 55: Uttar Pradesh: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 56: West Bengal: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 57: West Bengal: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 58: West Bengal: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 59: West Bengal: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 60: West Bengal: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 61: Kerala: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 62: Kerala: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 63: Kerala: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 64: Kerala: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 65: Kerala: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 66: Haryana: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 67: Haryana: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 68: Haryana: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 69: Haryana: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 70: Haryana: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 71: Punjab: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 72: Punjab: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 73: Punjab: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 74: Punjab: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 75: Punjab: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 76: Rajasthan: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 77: Rajasthan: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 78: Rajasthan: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 79: Rajasthan: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 80: Rajasthan: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 81: Madhya Pradesh: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 82: Madhya Pradesh: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 83: Madhya Pradesh: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 84: Madhya Pradesh: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 85: Madhya Pradesh: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 86: Bihar: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 87: Bihar: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 88: Bihar: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 89: Bihar: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 90: Bihar: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 91: Orissa: Skimmed Milk Powder Market: Volume Trends (in Million Kg), 2011-2018
Figure 92: Orissa: Skimmed Milk Powder Market: Value Trends (in Million INR), 2011-2018
Figure 93: Orissa: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 94: Orissa: Skimmed Milk Powder Market Forecast: Volume Trends (in Million Kg), 2019-2024
Figure 95: Orissa: Skimmed Milk Powder Market Forecast: Value Trends (in Million INR), 2019-2024
Figure 96: India: Skimmed Milk Powder Market: Retail Sales (in Million Kg), 2011 & 2018
Figure 97: India: Skimmed Milk Powder Market: Retail Sales (in Million Kg), 2019-2024
Figure 98: India: Skimmed Milk Powder Market: Institutional Sales (in Million Kg), 2011 & 2018
Figure 99: India: Skimmed Milk Powder Market: Institutional Sales (in Million Kg), 2019-2024
Figure 100: India: Skimmed Milk Powder Market: Breakup of Key Players (in %), 2018
Figure 101: Skimmed Milk Powder Manufacturing: Detailed Process Flow
Figure 102: Skimmed Milk Powder Manufacturing: Conversion Rate of Feedstocks
Figure 103: Skimmed Milk Powder Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 104: Skimmed Milk Powder Industry: Profit Margins at Various Levels of the Supply Chain
Figure 105: Skimmed Milk Powder Production: Manufacturing Cost Breakup (in %)
List of Tables
Table 1: India: Dairy Market: Key Industry Highlights, 2018 and 2024
Table 2: India: Milk Production Breakup by State, 2011-12-2018-19
Table 3: India: Milk Production Breakup by Cattle, 2011-12-2018-19
Table 4: India: Skimmed Milk Powder Market Forecast: Breakup by Region, 2019-2024
Table 5: India: Skimmed Milk Powder Market Forecast: Breakup by Sector, 2019-2024
Table 6: India: Skimmed Milk Powder Market: Competitive Structure
Table 7: India: Skimmed Milk Powder Market: Key Players
Table 8: Skimmed Milk Powder Manufacturing Plant: Costs Related to Land and Site Development (in INR)
Table 9: Skimmed Milk Powder Manufacturing Plant: Costs Related to Civil Works (in INR)
Table 10: Skimmed Milk Powder Manufacturing Plant: Costs Related to Machinery (in INR)
Table 11: Skimmed Milk Powder Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditure (INR/Ton)
Table 12: Skimmed Milk Powder Manufacturing Plant: Costs Related to Salaries and Wages (in INR)
Table 13: Skimmed Milk Powder Manufacturing Plant: Costs Related to Other Capital Investments (in INR)
Table 14: Details of Financial Assistance Offered by Financial Institutions
Table 15: Skimmed Milk Powder Manufacturing Plant: Capital Costs (in INR)
Table 16: Skimmed Milk Powder Manufacturing Plant: Techno-Economic Parameters
Table 17: Skimmed Milk Powder Manufacturing Plant: Taxation and Depreciation (in INR)
Table 18: Skimmed Milk Powder Manufacturing Plant: Income Projections (in INR)
Table 19: Skimmed Milk Powder Manufacturing Plant: Expenditure Projections (in INR)
Table 20: Skimmed Milk Powder Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in INR)
Table 21: Skimmed Milk Powder Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in INR)
Table 22: Skimmed Milk Powder Manufacturing Plant: Profit and Loss Account (in INR)