IMARC Group’s latest report, titled “Dairy Industry in Andhra Pradesh 2024-2032: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Andhra Pradesh dairy market. The milk production in Andhra Pradesh mainly consists of cow and buffalo milk. According to the report, the Andhra Pradesh dairy market size reached INR 662.2 Billion in 2023. Looking forward, the market is expected to reach INR 1,324.9 Billion by 2032, exhibiting a growth rate (CAGR) of 7.8% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
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2018-2023
|
Market Size in 2023
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INR 662.2 Billion |
Market Forecast in 2032
|
INR 1,324.9 Billion |
Market Growth Rate 2024-2032 |
7.8% |
Based on the product type, this report has categorized the Andhra Pradesh dairy market into 18 major product segments:
- 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
For each of the product segments, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, liquid milk represents the biggest product segment in Andhra Pradesh, accounting for majority of the market share. Some of the fastest growing segments include frozen/flavoured yoghurt, cheese, UHT milk, flavoured milk and butter milk. The competitive landscape of Andhra Pradesh’s dairy market has also been examined in this report. Some of the major players include Vijaya (Andhra Pradesh Dairy Development Cooperative Federation Ltd), Tirumala Milk Products Limited India Ltd, Heritage Foods India Ltd, Dodla Dairy Ltd and Creamline Dairy Products Ltd.
The study provides a detailed evaluation of the dairy market landscape in Andhra Pradesh, covering the current, historical and future trends for milk production, milk production by cattle, milk procurement prices, etc. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of Andhra Pradesh dairy market along with market segmentation by product type and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. In order to provide a clearer picture, the report also presents this information in the form of a dynamic excel model where users can analyse the entire information and also change various inputs according to their requirements. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Andhra Pradesh dairy market in any manner.