Dairy Industry in India: Growth, Demands and Challenges

  The Dairy industry in India is currently experiencing rapid growth, as the demand for milk and other dairy products continues to increase. However, this growth is not without its challenges, as the industry faces several daunting demands and challenges. Some of the key demands facing the dairy industry in India include improving infrastructure, increasing production to meet rising demand, and adapting to changing consumer preferences. In addition, the industry also faces numerous challenges, such as a lack of cold-storage facilities, poor quality milk, and a shortage of skilled workers. Despite these difficulties, the dairy industry in India is expected to continue growing at a rapid pace in the coming years. This growth is being driven by both population growth and rising incomes, which are both fuelling demand for dairy products. In addition, the industry is benefiting from the increasing trend of urbanisation, as more and more people are moving to cities and becoming more aware of the benefits of consuming dairy products. All in all, the dairy industry in India is experiencing rapid growth and faces several significant demands and challenges. However, it is well-positioned to meet these challenges and continue expanding in the years ahead. The Dairy Industry in India is growing at a fast pace and the demand for milk and milk products are also increasing. However, there are certain challenges that the Dairy Industry in India is facing. The Dairy Industry in India is mainly divided into two segments – organized sector and unorganized sector. The organized sector is more modern and efficient as compared to the unorganized sector. The organized sector is dominated by co-operatives, private companies and corporate houses. The unorganized sector is made up of small dairy farmers who produce milk mainly for their own consumption or for sale in the local market. The Dairy Industry in India has been growing at a fast pace over the past few years. The total production of milk has increased from 146.3 million tonnes in 2006-07 to 194.5 million tonnes in 2013-14. The total production of milk is expected to reach 266 million tonnes by 2021-22. The demand for milk and milk products is also increasing rapidly. The per capita consumption of milk has increased from 188 grams per day in 2006-07 to 245 grams per day in 2013-14. The per capita consumption of milk is expected to reach 309 grams per day by 2021-22. However, the Dairy Industry in India is facing certain challenges. One of the major challenges is the lack of efficient cold chain infrastructure. Nearly 60% of the milk produced in India is wasted due to lack of proper storage and refrigeration facilities. Another challenge is the lack of skilled manpower. There is a shortage of qualified personnel to manage and operate the Dairy Industry in India. The Dairy Industry in India is also facing competition from imported dairy products. Dairy products from countries such as Australia, New Zealand and the European Union are being sold at a lower price than the Dairy Products in India. This is causing a decline in the market share of Indian Dairy Products. Despite these challenges, the Dairy Industry in India is expected to grow at a fast pace over the next few years. The Government of India has taken several steps to promote the Dairy Industry in India. The Pradhan Mantri Fasal Bima Yojana (PMFBY) and Pradhan Mantri Krishi Sinchai Yojana (PMKSY) are two schemes launched by the government to promote the Dairy Industry. The Dairy Industry in India is expected to face some challenges in the coming years, but it is expected to grow at a fast pace due to the increasing demand for milk and milk products. The government has taken several steps to promote the Dairy Industry and it is expected to achieve good growth in the next few years. For more information about Food and Beverage Marketing Services, click here. Get connected with us on LinkedIn – https://www.linkedin.com/company/food-marketing-technology-magazine-india/