The Indian yogurt market is estimated to grow at a CAGR of 5.8% during the forecast period. Being the second most populated country in the world with a population of more than 1.3 billion, the demand for dairy products is quite high. Fueled by an enormous dairy industry, the yogurt market is experiencing a significant change in consumption patterns. Different types of yogurt, such as Greek yogurt, plant-based/non-dairy yogurt have emerged in the Indian market and an increasing number of populations are consuming them. The yogurt market is still dominated by small local shops (kiranas) in the unorganized sector. However, the potential for hypermarkets/supermarkets is bullish and heavy investments are expected in the country in the next few years.
Get Free Sample link @ https://www.omrglobal.com/request-sample/indian-yogurt-market
However, despite being deep-rooted as the staple consumable, the consumption of yogurt in the country is exceptionally low and far behind the average consumption in most mature markets. When compared to such high consumption markets as Germany (with an annual consumption of 24 kg), France (25 kg), and the Netherlands (23 kg), the per capita consumption in India is a mere 2.3 kg/year. Similarly, the per capita consumption of the packaged, store-purchased range is a meager 300 grams, and this too is heavily skewed toward the urban part of the country with 1 kg/year and is nearly zero in rural India.
A full report of Indian Yogurt Market available @ https://www.omrglobal.com/industry-reports/indian-yogurt-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Indian Yogurt Industry Market by Product Type
- Dairy-based
- Non-dairy-based
Indian Yogurt Market by Category
- Flavored
- Non-flavored
Indian Yogurt Market by Distribution Channel
- Convenience Stores
- Supermarkets/Hypermarkets
- Online Stores
Company Profiles
- Amul (Gujarat Cooperative Milk Marketing Federation, Ltd.)
- Britannia Industries, Ltd.
- Cocoberry Retail Pvt. Ltd.
- Danone S.A.
- Mother Dairy Fruit & Vegetable Pvt. Ltd.
- Nestle S.A.
- Parag Milk Foods, Ltd.
- Red Mango FC, LLC
- Veganarke Enteprises Pvt. Ltd.
- Yakult Honsha Co., Ltd.
The Report Covers
- Comprehensive research methodology of the Indian yogurt market.
- This report also includes a detailed and extensive market overview with the key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Indian yogurt market.
- Insights about market determinants which are stimulating the Indian yogurt market.
- Detailed and extensive market segments with the regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/indian-yogurt-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
