IMARC Group’s latest report, titled “Dairy Industry in Karnataka: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Karnataka dairy market. The milk production in Karnataka mainly consists of cow milk and buffalo milk. According to the report, the Karnataka dairy market size reached INR 1,069.1 Billion in 2023.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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INR 1,069.1 Billion |
Market Forecast in 2032
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INR 3,270.9 Billion |
Market Growth Rate 2024-2032 | 12.8% |
Based on the product type, this report has categorized the Karnataka dairy market into 18 major product segments:
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 Karnataka, accounting for majority of the total market share. Some of the fastest growing segments include frozen/flavoured yoghurt, cheese, UHT milk, flavoured milk and butter milk. The competitive landscape of Karnataka’s dairy market has also been examined in this report. Some of the major players covered in the report include Karnataka Milk Federation, Tirumala Dairy, Dodla Dairy and Heritage Dairy. Looking forward, IMARC Group expects the Karnataka dairy market to reach INR 3,270.9 Billion by 2032, exhibiting a CAGR of 12.8% during 2024-2032.
The study provides a detailed evaluation of the dairy market landscape in Karnataka, 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 Karnataka 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. 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 Karnataka dairy market in any manner.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | INR Billion, Million Tons |
Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
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Product Types Covered | 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 |
Companies Covered | Karnataka Milk Federation, Tirumala Dairy, Dodla Dairy, Heritage Dairy |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 3999 Five User License: US$ 4999 Corporate License: US$ 5999 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The dairy industry in Karnataka was valued at INR 1,069.1 Billion in 2023.
We expect the dairy industry in Karnataka to exhibit a CAGR of 12.8% during 2024-2032.
The continuous evolution of the dairy industry into an organized sector, along with the increasing consumption of diverse value-added dairy products, such as cheese, probiotic drinks, yogurt, etc., is primarily driving the dairy industry in Karnataka.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of numerous dairy products in Karnataka.
Based on the product type, the dairy industry in Karnataka can be segregated into 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, and malt based beverages. Among these, liquid milk currently holds the majority of the total market share.
Some of the major players in the dairy industry in Karnataka include Karnataka Milk Federation, Tirumala Dairy, Dodla Dairy, and Heritage Dairy.