Competition Forecast and Opportunities on India Dairy Products Market to 2011 - 2021

Submitted by: Submitted by

Views: 10

Words: 664

Pages: 3

Category: Business and Industry

Date Submitted: 02/28/2016 10:05 PM

Report This Essay

Market reports on India presents the latest report on “Competition Forecast and Opportunities on India Dairy Products Market to 2011 - 2021” http://www.marketreportsonindia.com/food-beverages-market-research-reports-1029/india-dairy-products.html This report help to industry consultants, major players and new entrepreneurs align their market-centric strategies.

29Th Feb 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “Competition Forecast and Opportunities on India Dairy Products Market to 2011 - 2021”. India is witnessing entry of large number of international players, offering a variety of non-conventional dairy products such as yogurts and probiotic drinks.

India is the largest producer of milk and dairy products in the world. The country has experienced tremendous improvement in per capita availability of milk over the last five years. Organized dairy products market in the country is witnessing growth, on account of rising demand for functional dairy products, due to their low fat and cholesterol content. India is witnessing entry of large number of international players, offering a variety of non-conventional dairy products such as yogurts and probiotic drinks. However, unorganized sector, which comprises small farmers, accounts for a majority share in the country’s dairy products market. Domestic players are also increasing their focus on offering products for health conscious consumers and introducing packaging innovations to strengthen their market position.

According to “India Dairy Products Market By Type, Competition Forecast & Opportunities, 2011 – 2021”, the market for dairy products in India is projected to grow at a CAGR of over 7% during 2016 - 2021. In 2015, North India dominated the country’s dairy products market, on account of increasing per capita expenditure, rising youth population, introduction of value added dairy products, changing consumption patterns, and growing penetration of international...