IMARC Group’s latest report, titled “Dairy Industry in Madhya Pradesh: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution”, offers an in-depth analysis of the Madhya Pradesh dairy market. The milk production in Madhya Pradesh reached a volume of around 16 Billion Litres. The milk production in Madhya Pradesh mainly consists of cow and buffalo milk. According to the report, the Madhya Pradesh dairy market size reached INR 1,125.2 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 1,125.2 Billion |
Market Forecast in 2032
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INR 3,611.1 Billion |
Market Growth Rate 2024-2032 | 13.4% |
Based on the product type, this report has categorized the Madhya Pradesh 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 Madhya Pradesh, accounting for majority of the market share in the region. Some of the fastest growing segments include frozen/flavoured yoghurt, cheese, UHT milk, flavoured milk and butter milk. The competitive landscape of Madhya Pradesh’s dairy market has also been examined in this report. Some of the major players covered in the report include GCMMF (Amul), MPCDF (Sanchi), Anit Industries (Sourabh), Pawanshree Food International Ltd., etc. Looking forward, IMARC Group expects the Madhya Pradesh dairy market to reach INR 3,611.1 Billion by 2032, exhibiting a growth rate (CAGR) of 13.4% during 2024-2032.
The study provides a detailed evaluation of the dairy market landscape in Madhya 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 Madhya 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. 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 Madhya Pradesh 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 |
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 | GCMMF (Amul), MPCDF (Sanchi), Anit Industries (Sourabh), Pawanshree Food International Ltd. |
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 Madhya Pradesh was valued at INR 1,125.2 Billion in 2023.
We expect the dairy industry in Madhya Pradesh to exhibit a CAGR of 13.4% during 2024-2032.
The rising utilization of value-added dairy products, including cheese, probiotic drinks, yogurt, etc., as they assist in boosting metabolism, maintaining the nutritional balance in the body, preventing chronic diseases, etc., is primarily driving the dairy industry in Madhya Pradesh.
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 dairy and its related products in Madhya Pradesh.
Based on the product type, the dairy industry in Madhya Pradesh has been divided into liquid milk, ghee, curd, paneer, ice-cream, table butter, skimmed milk powder, frozen/flavored yoghurt, fresh cream, lassi, butter milk, cheese, flavored milk, UHT milk, dairy whitener, sweet condensed milk, infant food, and malt based beverages. Currently, liquid milk holds the majority of the total market share.
Some of the major players in the dairy industry in Madhya Pradesh include GCMMF (Amul), MPCDF (Sanchi), Anit Industries (Sourabh), Pawanshree Food International Ltd., etc.