Curd Market in India

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1   Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Indian Dairy Industry
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market by Organised and Unorganised Segment
    5.4    Milk Production and Consumption Trends
        5.4.1 Current and Historical Trends
        5.4.2 Production and Consumption Forecast
    5.5    Milk Production by State
    5.6    Milk Production by Cattle
    5.7    Milk Utilization Patterns in India
    5.8    Market Forecast
6   Indian Curd Industry
    6.1    Market Overview
    6.2    Market Performance
        6.2.1 Volume Trends
        6.2.2 Value Trends
    6.3    Impact of COVID-19
    6.4    Price Trends
        6.4.1 Milk Procurement Price Trends
        6.4.2 Curd Price Trends
    6.5    Market Breakup by Region
    6.6    Market Breakup by Type
    6.7    Market Breakup by Sales Channel 
    6.8    Market Forecast
    6.9    SWOT Analysis
        6.9.1 Overview
        6.9.2 Strengths
        6.9.3 Weaknesses
        6.9.4 Opportunities
        6.9.5 Threats
    6.10    Value Chain Analysis
    6.11    Porter’s Five Forces Analysis
        6.11.1 Overview
        6.11.2 Bargaining Power of Buyers
        6.11.3 Bargaining Power of Suppliers
        6.11.4 Degree of Competition
        6.11.5 Threat of New Entrants
        6.11.6 Threat of Substitutes
    6.12    Key Success Factors and Risk Factors
7   Performance of Key Regions
    7.1    Karnataka
        7.1.1 Market Performance
           7.1.1.1 Volume Trends
           7.1.1.2 Value Trends
        7.1.2 Competitive Landscape
        7.1.3 Market Forecast
           7.1.3.1 Volume Trends
           7.1.3.2 Value Trends
    7.2    Maharashtra
        7.2.1 Market Performance
           7.2.1.1 Volume Trends
           7.2.1.2 Value Trends
        7.2.2 Competitive Landscape
        7.2.3 Market Forecast
           7.2.3.1 Volume Trends
           7.2.3.2 Value Trends
    7.3    Tamil Nadu
        7.3.1 Market Performance
           7.3.1.1 Volume Trends
           7.3.1.2 Value Trends
        7.3.2 Competitive Landscape
        7.3.3 Market Forecast
           7.3.3.1 Volume Trends
           7.3.3.2 Value Trends
    7.4    Delhi
        7.4.1 Market Performance
           7.4.1.1 Volume Trends
           7.4.1.2 Value Trends
        7.4.2 Competitive Landscape
        7.4.3 Market Forecast
           7.4.3.1 Volume Trends
           7.4.3.2 Value Trends
    7.5    Gujarat
        7.5.1 Market Performance
           7.5.1.1 Volume Trends
           7.5.1.2 Value Trends
        7.5.2 Competitive Landscape
        7.5.3 Market Forecast
           7.5.3.1 Volume Trends
           7.5.3.2 Value Trends
    7.6    Andhra Pradesh and Telangana
        7.6.1 Market Performance
           7.6.1.1 Volume Trends
           7.6.1.2 Value Trends
        7.6.2 Competitive Landscape
        7.6.3 Market Forecast
           7.6.3.1 Volume Trends
           7.6.3.2 Value Trends
    7.7    Uttar Pradesh
        7.7.1 Market Performance
           7.7.1.1 Volume Trends
           7.7.1.2 Value Trends
        7.7.2 Competitive Landscape
        7.7.3 Market Forecast
           7.7.3.1 Volume Trends
           7.7.3.2 Value Trends
    7.8    West Bengal
        7.8.1 Market Performance
           7.8.1.1 Volume Trends
           7.8.1.2 Value Trends
        7.8.2 Competitive Landscape
        7.8.3 Market Forecast
           7.8.3.1 Volume Trends
           7.8.3.2 Value Trends
    7.9    Kerala
        7.9.1 Market Performance
           7.9.1.1 Volume Trends
           7.9.1.2 Value Trends
        7.9.2 Competitive Landscape
        7.9.3 Market Forecast
           7.9.3.1 Volume Trends
           7.9.3.2 Value Trends
    7.10    Haryana
        7.10.1 Market Performance
           7.10.1.1 Volume Trends
           7.10.1.2 Value Trends
        7.10.2 Competitive Landscape
        7.10.3 Market Forecast
           7.10.3.1 Volume Trends
           7.10.3.2 Value Trends
    7.11    Punjab
        7.11.1 Market Performance
           7.11.1.1 Volume Trends
           7.11.1.2 Value Trends
        7.11.2 Competitive Landscape
        7.11.3 Market Forecast
           7.11.3.1 Volume Trends
           7.11.3.2 Value Trends
    7.12    Rajasthan
        7.12.1 Market Performance
           7.12.1.1 Volume Trends
           7.12.1.2 Value Trends
        7.12.2 Competitive Landscape
        7.12.3 Market Forecast
           7.12.3.1 Volume Trends
           7.12.3.2 Value Trends
    7.13    Madhya Pradesh
        7.13.1 Market Performance
           7.13.1.1 Volume Trends
           7.13.1.2 Value Trends
        7.13.2 Competitive Landscape
        7.13.3 Market Forecast
           7.13.3.1 Volume Trends
           7.13.3.2 Value Trends
    7.14    Bihar
        7.14.1 Market Performance
           7.14.1.1 Volume Trends
           7.14.1.2 Value Trends
        7.14.2 Competitive Landscape
        7.14.3 Market Forecast
           7.14.3.1 Volume Trends
           7.14.3.2 Value Trends
    7.15    Orissa
        7.15.1 Market Performance
           7.15.1.1 Volume Trends
           7.15.1.2 Value Trends
        7.15.2 Competitive Landscape
        7.15.3 Market Forecast
           7.15.3.1 Volume Trends
           7.15.3.2 Value Trends
8   Market Breakup by Type
    8.1    Cup Curd
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Pouch Curd
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Sales Channel
    9.1    Retail
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Institutional
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Competitive Landscape
    10.1    Competitive Structure
    10.2    Market Breakup by Key Players
11  Curd Manufacturing Process
    11.1    Product Overview
    11.2    Detailed Process Flow
    11.3    Various Types of Unit Operations Involved
    11.4    Mass Balance and Raw Material Requirements
12  Project Details, Requirements and Costs Involved
    12.1    Land Requirements and Expenditures
    12.2    Construction Requirements and Expenditures
    12.3    Plant Machinery
    12.4    Machinery Pictures
    12.5    Raw Material Requirements and Expenditures
    12.6    Raw Material and Final Product Pictures
    12.7    Packaging Requirements and Expenditures
    12.8    Transportation Requirements and Expenditures
    12.9    Utility Requirements and Expenditures
    12.10    Manpower Requirements and Expenditures
    12.11    Other Capital Investments
13  Loans and Financial Assistance
14  Project Economics
    14.1    Capital Cost of the Project
    14.2    Techno-Economic Parameters
    14.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    14.4    Taxation and Depreciation
    14.5    Income Projections
    14.6    Expenditure Projections
    14.7    Financial Analysis
    14.8    Profit Analysis
15  Key Player Profiles
    15.1    KMF
    15.2    GCMMF
    15.3    Mother Dairy
    15.4    Sri Vijaya Visakha Milk Producers
    15.5    Heritage

List of Figures

Figure 1: India: Dairy Industry Overview
Figure 2: India: Dairy Market (in Billion INR), 2019-2024
Figure 3: India: Dairy Market: Breakup by Segment (in %), 2024
Figure 4: India: Total Milk Production (in Million Metric Tons), 2019-20 – 2024-25
Figure 5: India: Total Milk Consumption (in Million Metric Tons), 2019-20 – 2024-25
Figure 6: India: Total Milk Production Forecast (in Million Metric Tons), 2025-26– 2033-34
Figure 7: India: Total Milk Consumption Forecast (in Million Metric Tons), 2025-26– 2033-34
Figure 8: India: Milk Utilisation Patterns
Figure 9: India: Dairy Market Forecast (in Billion INR), 2025-2033
Figure 10: India: Curd Market: Major Drivers and Challenges
Figure 11: India: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 12: India: Curd Market: Value Trends (in Billion INR), 2019-2024
Figure 13: India: Milk Market: Procurement Price Trends (in INR/Litre), 2019-2024
Figure 14: India: Curd Market: Retail Price Trends (in INR/Litre), 2019-2024
Figure 15: India: Curd Market: Breakup by Region (in %), 2024
Figure 16: India: Curd Market: Breakup by Type (in %), 2024
Figure 17: India: Curd Market: Breakup by Sales Channel (in %), 2024
Figure 18: India: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 19: India: Curd Market Forecast: Value Trends (in Billion INR), 2025-2033
Figure 20: India: Curd Industry: SWOT Analysis
Figure 21: India: Curd Industry: Value Chain Analysis
Figure 22: India: Curd Industry: Porter’s Five Forces Analysis
Figure 23: Karnataka: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 24: Karnataka: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 25: Karnataka: Curd Market: Breakup by Key Players (in %), 2024
Figure 26: Karnataka: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 27: Karnataka: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 28: Maharashtra: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 29: Maharashtra: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 30: Maharashtra: Curd Market: Breakup by Key Players (in %), 2024
Figure 31: Maharashtra: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 32: Maharashtra: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 33: Tamil Nadu: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 34: Tamil Nadu: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 35: Tamil Nadu: Curd Market: Breakup by Key Players (in %), 2024
Figure 36: Tamil Nadu: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 37: Tamil Nadu: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 38: Delhi: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 39: Delhi: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 40: Delhi: Curd Market: Breakup by Key Players (in %), 2024
Figure 41: Delhi: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 42: Delhi: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 43: Gujarat: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 44: Gujarat: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 45: Gujarat: Curd Market: Breakup by Key Players (in %), 2024
Figure 46: Gujarat: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 47: Gujarat: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 48: Andhra Pradesh and Telangana: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 49: Andhra Pradesh and Telangana: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 50: Andhra Pradesh and Telangana: Curd Market: Breakup by Key Players (in %), 2024
Figure 51: Andhra Pradesh and Telangana: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 52: Andhra Pradesh and Telangana: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 53: Uttar Pradesh: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 54: Uttar Pradesh: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 55: Uttar Pradesh: Curd Market: Breakup by Key Players (in %), 2024
Figure 56: Uttar Pradesh: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 57: Uttar Pradesh: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 58: West Bengal: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 59: West Bengal: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 60: West Bengal: Curd Market: Breakup by Key Players (in %), 2024
Figure 61: West Bengal: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 62: West Bengal: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 63: Kerala: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 64: Kerala: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 65: Kerala: Curd Market: Breakup by Key Players (in %), 2024
Figure 66: Kerala: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 67: Kerala: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 68: Haryana: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 69: Haryana: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 70: Haryana: Curd Market: Breakup by Key Players (in %), 2024
Figure 71: Haryana: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 72: Haryana: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 73: Punjab: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 74: Punjab: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 75: Punjab: Curd Market: Breakup by Key Players (in %), 2024
Figure 76: Punjab: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 77: Punjab: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 78: Rajasthan: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 79: Rajasthan: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 80: Rajasthan: Curd Market: Breakup by Key Players (in %), 2024
Figure 81: Rajasthan: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 82: Rajasthan: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 83: Madhya Pradesh: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 84: Madhya Pradesh: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 85: Madhya Pradesh: Curd Market: Breakup by Key Players (in %), 2024
Figure 86: Madhya Pradesh: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 87: Madhya Pradesh: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 88: Bihar: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 89: Bihar: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 90: Bihar: Curd Market: Breakup by Key Players (in %), 2024
Figure 91: Bihar: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 92: Bihar: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 93: Orissa: Curd Market: Volume Trends (in Million Litres), 2019-2024
Figure 94: Orissa: Curd Market: Value Trends (in Million INR), 2019-2024
Figure 95: Orissa: Curd Market: Breakup by Key Players (in %), 2024
Figure 96: Orissa: Curd Market Forecast: Volume Trends (in Million Litres), 2025-2033
Figure 97: Orissa: Curd Market Forecast: Value Trends (in Million INR), 2025-2033
Figure 98: India: Curd (Cup Curd) Market: Sales Value (in Million INR), 2019 & 2024
Figure 99: India: Curd (Cup Curd) Market Forecast: Sales Value (in Million INR), 2025-2033
Figure 100: India: Curd (Pouch Curd) Market: Sales Value (in Million INR), 2019 & 2024
Figure 101: India: Curd (Pouch Curd) Market Forecast: Sales Value (in Million INR), 2025-2033
Figure 102: India: Curd (Other Types) Market: Sales Value (in Million INR), 2019 & 2024
Figure 103: India: Curd (Other Types) Market Forecast: Sales Value (in Million INR), 2025-2033
Figure 104: India: Curd Market: Retail Sales (in Million INR), 2019 & 2024
Figure 105: India: Curd Market Forecast: Retail Sales (in Million INR), 2025-2033
Figure 106: India: Curd Market: Institutional Sales (in Million INR), 2019 & 2024
Figure 107: India: Curd Market Forecast: Institutional Sales (in Million INR), 2025-2033
Figure 108: India: Curd Market: Breakup by Key Players (in %), 2024
Figure 109: Curd Manufacturing: Detailed Process Flow
Figure 110: Curd Manufacturing: Conversion Rate of Products
Figure 111: Curd Manufacturing Plant: Breakup by Capital Costs (in %)
Figure 112: Curd Industry: Profit Margins at Various Levels of the Supply Chain
Figure 113: Curd Production: Manufacturing Cost Breakup (in %)
 
List of Tables

Table 1: India: Dairy Market: Key Industry Highlights, 2024 and 2033
Table 2: India: Milk Production Breakup by State, 2019-20 – 2024-25
Table 3: India: Milk Production Breakup by Cattle, 2019-20 – 2024-25
Table 4: India: Curd Market: Key Industry Highlights, 2024 and 2033
Table 5: India: Curd Market Forecast: Breakup by Region (in Million INR), 2025-2033
Table 6: India: Curd Market Forecast: Breakup by Type (in Million INR), 2025-2033
Table 7: India: Curd Market Forecast: Breakup by Sales Channel (in Million INR), 2025-2033
Table 8: India: Curd Market: Competitive Structure 
Table 9: India: Curd Market: Key Players 
Table 10: Curd Manufacturing Plant: Costs Related to Land and Site Development (in INR)
Table 11: Curd Manufacturing Plant: Costs Related to Civil Works (in INR)
Table 12: Curd Manufacturing Plant: Costs Related to Machinery (in INR)
Table 13: Curd Manufacturing Plant: Raw Material Requirements (Tons/Day) and Expenditures (INR/Ton)
Table 14: Curd Manufacturing Plant: Costs Related to Salaries and Wages (in INR)
Table 15: Curd Manufacturing Plant: Costs Related to Other Capital Investments (in INR)
Table 16: Details of Financial Assistance Offered by Financial Institutions
Table 17: Curd Manufacturing Plant: Capital Costs (in INR)
Table 18: Curd Manufacturing Plant: Techno-Economic Parameters
Table 19: Curd Manufacturing Plant: Taxation and Depreciation
Table 20: Curd Manufacturing Plant: Income Projections (in INR)
Table 21: Curd Manufacturing Plant: Expenditure Projections (in INR)
Table 22: Curd Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in INR)
Table 23: Curd Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in INR)
Table 24: Curd Manufacturing Plant: Profit and Loss Account (in INR)