Over the past few years, the liquid milk market in India has witnessed significant growth. This can be attributed to various factors such as rising income levels, growing population, changing dietary habits, and increasing awareness about the health benefits of consuming liquid milk.
Some of the key drivers of this growth include rising disposable income levels, expanding the retail sector, and increasing health consciousness among consumers.
It is followed by skimmed liquid milk and toned liquid milk.This is followed by East India and South India.
Some of the key players operating in the liquid milk market are Amul, Mother Dairy, Hatsun Agro, Nandini Milk, Vijaya Dairy, and Heritage Foods.
These players have been adopting various strategies to consolidate their position in the market. For instance, Amul has expanded its distribution network and product portfolio, while Mother Dairy focuses on promotional activities and launching new products.
The liquid milk market in India has witnessed significant growth in recent years, owing to the increasing demand for milk and milk products. In terms of value, the market is estimated to grow at a CAGR of 7.7% during 2021-2026.
The liquid milk market can be segmented on type, distribution channel, and region. The market can be segmented into standard liquid milk, toned liquid milk, and double-toned liquid milk. Ordinary liquid milk dominates the market with a share of more than 60%.
It is followed by toned liquid milk and double-toned liquid milk segments. The market can be segmented into supermarkets/hypermarkets, convenience stores, departmental stores, and others based on distribution channels.
Supermarkets/hypermarkets account for the majority of the market share. The liquid milk market is segmented into North India, East India, West India, and South India. North India is the largest market for fluid milk, followed by East India and West India.
Some of the key players operating in the liquid milk market are Amul, Mother Dairy Fruit & Vegetable Pvt Ltd., Hatsun Agro Product Ltd., Gujarat Cooperative Milk Marketing Federation Ltd., Kamdhenu Dairy Farm Pvt Ltd., Parag Milk Foods Pvt Ltd., and Britannia Industries Ltd. Amul is the leading player in the liquid milk market with more than 30% market share.
It is followed by Mother Dairy Fruit & Vegetable Pvt Ltd. and Hatsun Agro Product Ltd.
Key factors driving the growth of the liquid milk market include rising population, increasing income levels, growing demand for milk and milk products, changing lifestyle, and growing awareness about the benefits of consuming milk. The critical challenges of the liquid milk market are fluctuating cattle feed prices, stringent government regulations, and quality issues.
The report “Liquid Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″ provides a comprehensive analysis of the liquid milk market in India. The report covers the market dynamics, including drivers, restraints, and opportunities. The report also provides a detailed overview of the liquid milk market and a segment-wise analysis of the market based on type, distribution channel, and region. The information also includes the competitive landscape of the fluid milk market in India.
This report is helpful for liquid milk manufacturers, wholesalers, retailers, traders, consumers, and other stakeholders to align their market-centric strategies. In addition, it would help them to understand the present and future trends in the liquid milk market in India.
The liquid milk market in India is segmented as follows:
– Whole Liquid Milk
– Skimmed Liquid Milk
– Toned Liquid Milk
– North India
– East India
– South India
– Mother Dairy
– Hatsun Agro
– Nandini Milk
– Vijaya Dairy
– Heritage Foods
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