Dairy Industry in Haryana Market to Grow at a CAGR of around 15% During 2021-2026

Food & Beverages Food and Beverages

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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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

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
  • Ghee
  • Curd
  • Paneer
  • Ice-cream
  • Table butter
  • Skimmed milk powder
  • Frozen/flavoured yoghurt
  • Fresh cream
  • Lassi
  • Butter milk
  • Cheese
  • 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

We are updating our reports, If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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