India Dairy and Soy Food Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026
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The India dairy & soy food market was valued at $22.4billion in 2021 and is expected to grow at a CAGR of more than 9% during 2021-2026.
The India dairy and soy food market research report provides a comparative analysis of India’s value and volume shares in the Asia-Pacific and global dairy & soy food sector. It offers an overview of the growth at a sector level and analyzes the various categories and distribution channels. Additionally, the report analyzed leading companies in the Indian dairy & soy food sector in 2021.
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Top Cities in the Indian Dairy and Soy Food Market
The top cities in the Indian dairy & soy sector are Mumbai, Delhi, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Jaipur and Kochi. Mumbai emerged as the largest dairy & soy market in India, followed by Delhi and Kolkata.
India Dairy and Soy Food Market, by City-Wise Outlook
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Key Categories in the India Dairy and Soy Food Market
The India dairy & soy food market’s key categories are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks and yogurt. Milk was the largest category, followed by yoghurt and cheese. However, the grain, nut, rice, seed milk alternatives category is forecast to be the fastest growing category during the forecast period.
India Dairy and Soy Food Market, by Categories
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Key Distribution Channel in the India Dairy and Soy Food Market
The key distribution channels in the India dairy and soy food market are convenience stores, food & drinks specialists, hypermarkets & supermarkets and e-retailer. Convenience stores was the largest distribution channel in the Indian dairy & soy food sector.
India Dairy and Soy Food Market, by Distribution Channels
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Packaging Analysis of the India Dairy and Soy Food Market
The key packaging materials in the India dairy & soy food sector are flexible packaging, rigid plastics, paper & board, glass and rigid metal. Flexible packaging was the most used pack material in the Indian dairy & soy food sector, followed by rigid plastics and paper & board.
India Dairy and Soy Food Market, by Packaging Material
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Key Companies of the India Dairy and Soy Food Market
Some of the key companies in India’s dairy and soy food market are Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Mother Dairy Fruit & Vegetable Pvt. Ltd., Karnataka Co-Operative Milk Producers` Federation Ltd., Tamilnadu Co-operative milk producers` Federation Ltd., and Andhra Pradesh Dairy Development Cooperative Federation Limited.
India Dairy and Soy Food Market, by Key Companies
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India Dairy and Soy Food Market - Overview
Market Value (2021) | $22.4 billion |
CAGR (2021-2026) | >9% |
Key Cities | Mumbai, Delhi, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Jaipur and Kochi |
Key Categories | Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Grain, Nut, Rice, Seed Milk Alternatives, Milk, Soymilk & Soy Drinks and Yogurt |
Key Distribution Channels | Convenience Stores, Food & Drinks Specialists, Hypermarkets & Supermarkets and E-Retailer |
Key Packaging Materials | Flexible Packaging, Paper & Board, Rigid Plastics, Rigid Metal and Glass |
Key Companies | Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Mother Dairy Fruit & Vegetable Pvt. Ltd., Karnataka Co-Operative Milk Producers` Federation Ltd., Tamilnadu Co-operative milk producers` Federation Ltd., and Andhra Pradesh Dairy Development Cooperative Federation Limited |
Scope
- Per capita consumption of Dairy and soy was lower in India than both the global level and regional level.
- Convenience stores was the leading distribution channel in the Indian Dairy and soy sector
- Flexible packaging was the most used pack material in the Indian Dairy and soy sector, followed by rigid plastics
- “Kids and babies” represent the largest subset of the Dairy and soy sector in India
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.
Mother Dairy Fruit and Vegetable Pvt. Ltd.
Karnataka Co-Operative Milk Producers` Federation Ltd.
Tamilnadu Co-operative milk producers` Federation Ltd.
Andhra Pradesh Dairy Development Cooperative Federation Limited
Nestlé
Future Retail Ltd.
Rajasthan Cooperative Dairy Federation Limited
Bihar State Co-operative Milk Producers’ Federation Ltd.
The Punjab State Cooperative Milk Producers` Federation Ltd.
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Frequently asked questions
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What was the India dairy and soy food market size in 2021?
The India dairy and soy food market was valued at $22.4 billion in 2021.
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What is the India dairy and soy food market growth rate during the forecast period (2021-2026)?
The Indian dairy and soy food market is forecast to grow at a CAGR (2021-2026) of more than 9%.
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What are the key cities in India dairy and soy food market?
The key cities in the Indian dairy & soy food sector are Mumbai, Delhi, Kolkata, Bangalore, Chennai, Hyderabad, Ahmedabad, Pune, Jaipur and Kochi.
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What are the key categories of India dairy and soy food market?
The key categories of India dairy & soy food market are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, grain, nut, rice, seed milk alternatives, milk, soymilk & soy drinks and yogurt.
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What are the key distribution channels of India dairy and soy food market?
The key distribution channels in India’s dairy and soy food market are convenience stores, food & drinks specialists, hypermarkets & supermarkets and e-retailer.
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What are the key packaging materials used in India dairy and soy food market?
The key packaging materials in the India dairy & soy food market are flexible packaging, paper & board, rigid plastics, rigid metal and glass.
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What are the key companies in India dairy and soy food market?
Some of the key companies in India dairy and soy food market are Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF), Mother Dairy Fruit & Vegetable Pvt. Ltd., Karnataka Co-Operative Milk Producers` Federation Ltd., Tamilnadu Co-operative milk producers` Federation Ltd., and Andhra Pradesh Dairy Development Cooperative Federation Limited.
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