List of Top Dairy Companies in India

The Indian dairy market reached INR 16,792.1 Billion in 2023. As per the analysis by IMARC Group, the leading Indian dairy companies are tackling an excessive amount of demand on account of the increasing consumer expenditure on a wide variety of dairy products in India. Key market players are setting up new units or expanding existing units in areas of dairy processing and related value-addition infrastructure. They are focusing on value-added products, such as yogurt, ghee, cheese, and probiotic drinks, which are offering lucrative growth opportunities. In addition, they are introducing functional dairy products, such as vitamins and minerals-fortified milk, for health-conscious consumers. Apart from this, key players are launching a new series of gourmet ice cream infused with omega 3, 6, and 9 to increase their overall sales. Looking forward, the market value is expected to reach INR 49,953.5 Billion by 2032, exhibiting a growth rate (CAGR) of 13% during 2024-2032.

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List of Top Companies Operating in the India Dairy Industry:

The Indian dairy market has several major players including Gujarat Co-operative Milk Marketing Federation Ltd., Mother Dairy Fruits & Vegetables Pvt. Limited, Nestlé India Limited, Hatsun Agro Product Limited, HERITAGE FOODS LIMITED, Kwality Limited, STERLING AGRO INDUSTRIES LIMITED, Parag Milk Foods Ltd, and SMC Group. More information about the key players have been provided below.

 Dairy Cooperatives:

1. Gujarat Co-operative Milk Marketing Federation Ltd.

Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) is a manufacturer and distributor of dairy products. The company’s product portfolio includes butter, sweets, milk, fresh cream, milk powders, ghee, bread spreads, and curd. It also offers ice cream, chocolates and confectionery, and non-alcoholic beverages.

2. Mother Dairy Fruits & Vegetables Pvt. Limited

Mother Dairy Fruits & Vegetables Pvt. Limited was commissioned as a wholly owned subsidiary of the National Dairy Development Board (NDDB). It was an initiative under Operation Flood, a dairy development program aimed at making India a milk sufficient nation. The company sources a significant part of its requirement of liquid milk from dairy cooperatives and village level farmer centric organizations.

3. Karnataka Co-operative Milk Producers Federation Limited (KMF)

Karnataka Cooperative Milk Producers' Federation Limited (KMF) is the apex body for the dairy co-operative movement in Karnataka. It is the second largest dairy co-operative in India. In South India, it stands first in terms of procurement as well as sales. It is one of the few associations in the country that has transformed dairy farming from a by-product into a major industry today.

4. Rajasthan Cooperative Dairy Federation Ltd (RCDF)

Rajasthan Cooperative Dairy Federation (RCDF) was set up as the implementing agency for dairy development programs under the Rajasthan cooperative societies act 1965. Additionally, it has been decided to get a new motif and tagline designed for SARAS milk and milk products, which is reflecting and capturing the ethos and culture of Rajasthan.

5. TamilNadu Cooperative Milk Producers Federation Ltd (TCMPF)

TamilNadu Cooperative Milk Producers Federation Ltd (TCMPF) is a cooperative apex body in the state of Tamil Nadu representing organizations of milk producers’ and implementing all round dairy development activities. The company produces a wide range of products, including milk, butter, yogurt, ice cream, ghee, khoa, milk shake, tea, coffee, and chocolate, among other goods. It procures milk from villagers that help in economic development of farming community and facilitates the processing and manufacturing of various milk products.

6. Punjab State Cooperative Milk Producers Federation Ltd (MILKFED)

The Punjab State Cooperative Milk Producers Federation Ltd (MILKFED), popularly known as MILKFED Punjab, came into existence with a twin objective. Firstly, to carry out activities for promoting production, procurement, and processing of milk for the economic development of milk producers by providing remunerative milk market to them at their doorstep. Secondly, to provide quality milk and milk products to consumers at reasonable rates. Working on “Anand Pattern” the process of organizing societies at village level started in Punjab to create a strong network of about 6,474 Milk Producers Cooperative Societies organized at village level.

7. Orissa State Cooperative Milk Producers Federation Ltd (OMFED)

The Orissa State Cooperative Milk Producers Federation Limited (OMFED) is an apex level Dairy Cooperative Society registered under Cooperative Society Act – 1962. It has come into existence to integrate the milk producers in rural areas with consumers in the urban areas with an enterprising aptitude. Its main activities include promoting, production, procurement, processing, and marketing of milk and milk products for economic development of the rural farming community in Orissa.

8. Maharashtra Rajya Sahakari Dudh Mahasangh Maraydit (MRSDMM)

Maharashtra Rajya Sahakari Dudh Mahasangh Maraydit (MRSDMM) is an Apex Federation of District or Taluka milk unions established to implement the Operation Flood program in the state of Maharashtra. The main objective of MRSDMM is to procure milk from the member milk unions at remunerative rates and distribute the same to the consumers at reasonable rates. MRSDMM is thus working as a vital link between the milk producers and consumers and working for the economic development and upliftment of the farmers in the rural areas.

9. Bihar State Milk Co-operative Federation Ltd. (COMFED)

The Bihar State Milk Co-operative Federation Ltd. (COMPFED) was established as the implementing agency of operational Flood program of dairy development on “Anand” pattern in Bihar. There are six district level Milk Producers' Cooperative Unions affiliated to the Milk Federation. These milk unions cover twenty-six districts and in addition five districts are being covered by the Federation.

10. Haryana Dairy Development Cooperative Federation Ltd. (HDDCF)

The Haryana Dairy Development Co-operative Federation Ltd. registered under Haryana Co-operative Societies Act. It was established with the primary aim to promote economic interests of the milk producers of Haryana, particularly those belonging to the weaker sections of the village community by procuring and processing milk into milk products and marketing thereof by itself or through its unions. It undertakes various activities for sales promotion of VITA Brand for the Milk Unions.

11. Madhya Pradesh State Cooperative Dairy Federation Ltd. (MPCDF)

Madhya Pradesh State Cooperative Dairy Federation Ltd. (MPCDF) is a dairy cooperative based in the state of Madhya Pradesh, India. It was established in 1973 and is responsible for the procurement, processing, and marketing of milk and milk products in the state. MPCDF operates under the brand name of "Sanchi" and has a network of over 3,700 milk collection centers and 12 dairy plants.

12. Pradeshik Cooperative Dairy Federation Ltd (PCDF)

Pradeshik Cooperative Dairy Federation Ltd (PCDF) was formed with the aim to develop organized dairying in the State on Cooperative lines. PCDF's is a cohesive body that successfully reduces the exploitative forces of the Middlemen. Therefore, a direct link is established between the producer and the consumer. This Apex Milk Cooperative draws its inherent strength from the farmers committed participation and injects corporate skills and dynamic professionalism into what is fundamentally a traditional institution.

Private Dairies:

1 Nestlé India Limited

Nestlé India Limited offers a diverse range of products, including coffee, tea, dairy products, infant nutrition, and confectionery. It has popular brands under its portfolio including Maggi, Nescafe, KitKat, and Cerelac. It is committed to sustainability and has implemented several initiatives to reduce its environmental impact.

2. Hatsun Agro Product Limited

Hatsun Agro Product Limited is a leading dairy company that operates through its various subsidiaries and offers a wide range of dairy products, such as milk, curd, ice cream, butter, and cheese, under its flagship brand "Arokya". It has established a strong foothold in the southern states of India and has also expanded its operations to other parts of the country. The company is known for its focus on quality, innovation, and customer satisfaction. It has implemented several initiatives to support farmers and promote sustainable agriculture practices.

3. Tirumala Milk Products Private Limited

Tirumala Milk Products Private Limited offers a wide range of dairy products, such as milk, curd, buttermilk, butter, and ghee, under its flagship brand "Tirumala". It has a strong presence in the southern states of India and has also expanded its operations to other parts of the country. It is committed to quality and has implemented several initiatives to ensure that its products are of the highest quality.

4. Milkfood Limited

Milkfood Limited is a renowned dairy company that offers a wide range of dairy products, such as milk, cheese, paneer, butter, and ghee. It focuses on sustainability and has implemented several environmental initiatives to reduce its carbon footprint. It has a strong presence in the northern and eastern parts of India and has also expanded its operations to other parts of the country.

5. HERITAGE FOODS LIMITED

HERITAGE FOODS LIMITED is one of the largest players in the food and dairy industry with a strong presence across South India. It provides various products, including milk, milk-based products, ice creams, frozen foods, and a variety of packaged foods. It has won numerous awards and recognitions for its excellence in the food and dairy industry, and it continues to innovate and expand its product portfolio to meet the evolving needs of its customers. The company also supports local communities through various social welfare programs, including health camps, education initiatives, and skill development programs.

6. VRS Foods Limited

VRS Foods Limited is known for its flagship brand, "Paras", which offers a wide range of dairy products, including milk, ghee, butter, cheese, and yogurt. It has a state-of-the-art manufacturing facility that is equipped with the latest technology and adheres to the highest quality standards. It has a large and dedicated team of professionals who work tirelessly to ensure that its products are of the highest quality and meet the needs of its customers. The company has its own farms wherein it rears livestock and grows crops, ensuring that it has control over the entire value chain from farm to table.

7. BHOLE BABA MILK FOOD INDUSTRIES LIMITED

BHOLE BABA MILK FOOD INDUSTRIES LIMITED produces a wide range of dairy products, including milk, ghee, butter, cheese, and yogurt. It is also involved in animal husbandry, agri-business, and renewable energy. It is committed to sustainability and has taken several initiatives to reduce its carbon footprint, conserve water, and promote biodiversity.

8. Kwality Limited

Kwality Limited is a leading dairy products company that has a strong presence across India and also exports its products to several countries around the world. Its manufacturing facility is equipped with the latest technology and adheres to the highest quality standards. It has received several awards and recognitions for its contributions to the dairy industry and its commitment to sustainability. The company is committed to quality, sustainability, and social responsibility.

9. STERLING AGRO INDUSTRIES LIMITED

STERLING AGRO INDUSTRIES LIMITED is primarily involved in the production and marketing of edible oils, including mustard oil, soybean oil, and sunflower oil. It also produces a range of food products, such as flour, gram flour, and pulses. It is involved in renewable energy and has set up several wind power plants across the state.

10. Parag Milk Foods Ltd

Parag Milk Foods Ltd is a leading dairy products company in India with a focus on providing high-quality products to customers across the country. Its portfolio includes a range of dairy products, such as milk, cheese, ghee, paneer, yogurt, and dairy-based beverages. It has also introduced several new products to the market, including flavored milk, buttermilk, and whey protein. It has a strong distribution network with products being sold in more than 29 states in India, and exports to several countries across the globe. It has received several awards and recognitions for its contribution to the dairy industry, innovation, and sustainability.

11. SMC Group

SMC Group specializes in the production and marketing of a wide range of dairy products, including milk, butter, ghee, cheese, paneer, and yogurt. Its dairy products are known for their rich taste, nutritional value, and consistent quality. It has a strong distribution network that enables its products to reach customers in more than 20 states across the country.

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