According to IMARC Group latest report titled” Dairy Industry in Haryana: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, the market is currently witnessing strong growth. The Dairy Industry in Haryana market to exhibit moderate growth during the next five years. Dairy refers to a business enterprise involved in the processing and harvesting of animal milk for human consumption. It offers products like butter, cheese, yogurt, ice cream, and dried and condensed milk, which are rich in zinc, calcium, proteins, magnesium, and vitamin D and B12. At present, it acts as a major income source in Haryana on account of significant consumption of dairy products and a proactive function of the food and beverage (F&B) industry.
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Rising population, inflating income levels and increasing health consciousness among individuals are some of the key factors positively influencing the sales of dairy products across Haryana. Moreover, the escalating demand for milk and milk-based ingredients is driving the market further. Apart from this, numerous initiatives undertaken by the State and Central Governments to increase milk production are also strengthening the growth of the market. Furthermore, the rising vegetarian population for whom milk acts as a key source of protein is anticipated to fuel the market growth in the state.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- HDDCF (Vita)
- Mother Dairy
- GCMMF (Amul)
- Modern Dairy
- Kwality Dairy
Based on the product type, this report has categorized the Haryana dairy market into 18 major product segments:
- Liquid milk
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Butter milk
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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