India Yogurt Market to Grow at 20.57% During 2024-2032, Catalyzed by Rising Health Consciousness

April 05, 2023 | Food & Beverages

According to the latest report by IMARC Group, titled “India Yogurt Market Report by Product Type (Set Yogurt, Greek Yogurt, Yogurt Drinks, Frozen Yogurt, and Others), Flavor (Strawberry Blend, Vanilla, Plain, Strawberry, Peach, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Specialty Stores, Online Stores, and Others), and Region 2024-2032," the India yogurt market is expected to grow at a CAGR of 20.57% during 2024-2032. Yogurt refers to a thick and creamy textured dairy product produced by fermenting milk using live bacteria culture. Regular, flavored, plant-based, frozen, and Greek are some of the commonly available yogurt varieties. It is a rich source of proteins, calcium, magnesium, potassium, and vitamins B2, B12, and D. Yogurt is widely used in smoothies, dips, spreads, breakfast cereals, soups, marinades, baking, salad dressings, and frozen treats. It is a delicious and cost-effective product that acts as a binding agent in recipes and provides a tangy flavor to dishes. It also aids in improving digestion, strengthening bones, lowering blood pressure, and reducing the risk of diabetes and gastrointestinal disorders.

India Yogurt Market Trends:

One of the key factors driving the India yogurt market is the rising health consciousness among the masses. Yogurt contains active cultures of healthy bacteria that aid in reducing weight, improving gut health, boosting the immune system, controlling blood sugar levels, promoting clear skin, and minimizing the risk of diabetes, osteoporosis, gastrointestinal disorders, and cardiovascular diseases (CVDs). Furthermore, the implementation of various initiatives by the Government of India (GoI), such as the National Dairy Plan (NDP), to boost the production of milk and improve the quality of dairy products is providing an impetus to the market growth. Additionally, the introduction of plant-based yogurts that are vegan, lactose-free, and manufactured from soy, almond, coconut, and other non-dairy ingredients is positively influencing the market growth. Besides this, the recent development of innovative packaging solutions, such as single-serve cups, biodegradable containers, squeezable pouches, and drinkable bottles that are highly convenient, eco-friendly, portable, and easy to store, is favoring the market growth. Moreover, aggressive promotional activities by manufacturers through advertisements, celebrity endorsements, and social media campaigns are propelling the market growth. Other factors, including the rising expenditure capacities of consumers, increasing investment in the research and development (R&D) of innovative products, growing demand for healthy snack options, and easy product availability across the e-commerce platform, are anticipated to drive the market growth.

Market Summary:

On the basis of the product type, the market has been divided into set yogurt, Greek yogurt, yogurt drinks, frozen yogurt, and others.
Based on the flavor, the market has been classified into strawberry blend, vanilla, plain, strawberry, peach, and others.
On the basis of the distribution channel, the market has been divided into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others.
On a regional basis, the market has been categorized into North, West and Central, South, and East India.
The competitive landscape of the industry has also been examined, with some 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 Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
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 Five User License: US$ 3399 Corporate License: US$ 4499
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
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
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.

India Yogurt Market to Grow at 20.57% During 2024-2032, Catalyzed by Rising Health Consciousness

Purchase options

Single User License $2299
Five User License $3399
Corporate User License $4499

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: +44-753-714-6104

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.