According to the latest report by IMARC Group, titled “Dairy Industry in Uttar Pradesh: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution,” the Uttar Pradesh dairy market size reached INR 1,626.7 Billion in 2022. Looking forward, the market is expected to reach INR 3,613.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.24% during 2023-2028.
Dairy Industry in Uttar Pradesh Definition and Application:
Dairy refers to products manufactured using milk and substances derived from milk. It comprises a wide variety of products, such as milk, yogurt, ghee, curd, buttermilk, skimmed milk powder, butter, cheese, ice cream, and spreadable fats. It is a rich source of calcium, protein, vitamin D, potassium, and phosphorus. It aids in weight management, improving the digestive system, enhancing eye vision, and strengthening muscles, nerves, teeth, skin, and bones. As it assists in reducing the risk of type 2 diabetes, cardiovascular diseases, obesity, hypertension, and colorectal cancer, the demand for dairy is rising in Uttar Pradesh.
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Uttar Pradesh Dairy Market Trends and Drivers:
At present, the increasing demand for dairy due to the rising milk production in Uttar Pradesh represents one of the primary factors propelling the market growth. In addition, the growing adoption of modern techniques and technologies to improve efficiency and productivity is offering a positive market outlook in the state. Apart from this, the state government is promoting milk production. It is also constructing cow protection centers in all districts of the state, which is contributing to the market growth. Moreover, various benefits offered by dairy products, such as the reduced risk of osteoporosis, enhanced bones, and maintained blood pressure, is bolstering the growth of the market in Uttar Pradesh.
Uttar Pradesh Dairy Market 2023-2028 Analysis and Segmentation:
The report has segmented the market on the basis on product type.
Breakup by Product Type:
- 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
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Amul (Gujarat Co-operative Milk Marketing Federation Ltd)
- Mother Dairy Fruit Vegetable Pvt Ltd
- Parag (Pradeshik Cooperative Dairy Federation Ltd)
- Madhusudan (SMC Foods Ltd)
- Ananda Group
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