India Dairy Market Size, Share, Demand Analysis, Latest Updates and Forecast by 2030 The India dairy market size was valued at USD 115.57 billion in 2022. The market is projected to grow from USD 124.93 billion in 2023 to USD 227.53 billion by 2030, exhibiting a CAGR of 8.94% during the forecast period. India is one of the largest exporters of dairy products. Major producers in India are Uttar Pradesh, Maharashtra, Himachal Pradesh, Madhya Pradesh, Rajasthan, Punjab, and Tamil Nadu. Growing demand for functional dairy products is set to propel the India dairy market share. Fortune Business Insights™ shares this information in its report titled “India Dairy Market, 2019-2030.” Segments: Owing to Milk Being a Part of Diet of Millions of People, Milk Segment is Set to Lead According to type, the market is segmented into milk, cheese, butter, dairy desserts, milk powder, curd & yogurt, cream, and others. Milk held the largest part in the segment as it is an essential part of the diet of billions of people. Rising popularity for natural and farm-sourced milk is likely to increase the demand for milk at a higher pace in India. Thus, due to the popularity of dairy in India, there has been constant efforts taken by dairy entrepreneurs/startups to develop attractive and indulgent flavors to entice consumers. With Increasing Number of Convenience Stores, Others Segment to Lead According to distribution channel, the market is divided into supermarkets/hypermarkets, specialty retailers, online retail stores, and others. The others segment includes local milk vendors and convenience stores. It is set to dominate due to increasing number of convenience stores across the country and easy availability of dairy products, such as milk, curd, and paneer, at such stores. Specialty retailers are also growing in developing and developed countries due to advantages such as product expertise, customer experience, and wide variety of higher-quality products. Drivers and Restraints Significant Production of Milk in India to Propel Market Growth Significant production of milk in the country is projected to drive the India dairy market growth. The dairy industry has been one of the dynamic sectors in the Indian agricultural industry and has witnessed phenomenal growth in its production and consumption. High availability of milk in the country boosts the production of value-added or processed products such as cheese, butter, curd, yogurt, ghee, and paneer. In addition, milk has a strong demand in Indian households, which drives market growth. The industry in India helps the country in its socioeconomic development. However, lack of supply of fodder and emergence of various diseases in cattle are expected to hamper the market expansion. Competitive Landscape Prospects of New Key Players to Create Competitive Advantage With expanding consumption of liquid milk and milk products, the demand for milk has been increasing in the country. Prominent players are expanding their businesses by establishing numerous manufacturing facilities, opening their outlets in different markets, and launching new products. In September 2020, Tata entered into the milk category under its brand Tata NQ and launched skimmed milk powder in a pack of 25kg for institutional customers. Key Industry Development October 2022: Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) launched the Verka milk and milk products brand in Delhi. The aim of this launch was to offer dairy farmers with maximum support and good prices to these farmers. List of Key Players Profiled in the Report Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India) Heritage Foods Limited (India) Karnataka Cooperative Milk Producers Federation Limited (India) Kwality Milk Foods Ltd (India) Milk food Limited (India) National Dairy Development Board (India) Parag Milk Foods (India) Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India) Rajasthan Cooperative Dairy Federation Ltd (RCDF) (India) Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/india-dairy-market-107416

Frozen Food Market Demand Analysis, Global Revenue, Top Companies, Growth and Forecast to 2028 The frozen food market is a global industry that encompasses a wide range of products, including frozen fruits and vegetables, frozen meat and poultry, frozen seafood, frozen ready meals, frozen pizza, and frozen desserts. The global frozen food market size was USD 231.38 billion in 2020. The market is projected to grow from USD 256.46 billion in 2021 to USD 385.04 billion in 2028 at a CAGR of 5.98% during the 2021-2028 period. The market is driven by several factors, including increasing demand for convenience foods, changing consumer lifestyles, and growing awareness about the benefits of frozen food. List of Key Players Mentioned in this Market Report: General Mills Inc. (Minnesota, U.S.) Nestle SA (Vevey, Switzerland) Conagra Brands Inc. (Illinois, U.S.) The Kellogg Company (Michigan, U.S.) Grupo Bimbo S.A.B. DE C.V. (Mexico City, Mexico) Lantmannen Unibake International (Copenhagen, Denmark) The Kraft Heinz Company (Illinois, U.S.) Unilever PLC (London, U.K.) Wawona Frozen Food (California, U.S.) Tyson Foods, Inc. (Arizona, U.S.) Segmentation: On the basis of type, the market is segregated into frozen ready meals, frozen seafood & meat products, frozen snacks & bakery products, and others. Among these, the frozen seafood & meat segment is anticipated to hold the major share in the market. Based on distribution channel, the market is separated into Supermarket/Hypermarkets, Convenience Stores, Specialty Stores, and Online Retail. Geographically, the global market is categorized into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Drivers and Restraints: Rising Demand for Convenience Food to Bolster Market The processed food industry is preliminarily powered by the convenience provided by packaged foods, which entice consumers from all age groups. Consumer inclination towards convenience food and RTE foods has triggered a prompt change in the global market. Frozen Food need less effort as well as less time in comparison with cooking a complete meal from scratch, which is the prime aspect empowering the Frozen Food market growth. Regional Insights: Europe is projected to dominate the Frozen Food market share owing to the growing adoption of vegan lifestyle in the region, which is forecasted to navigate the sales of frozen veggies. The prime growth aspects in the region involve high consumer purchasing power, financial sturdiness, and change in food likings. Asia Pacific documented a considerable growth in the global market owing to consumer acceptance of digital retailing platforms. The rising number of cold chain amenities in numerous developing nations is further aiding regional market growth. North America is anticipated to hold the third-largest market share owing to high consumer consciousness concerning the profits of Frozen Food. Industry Developments: June 2021: Pilgrim’s Pride Corporation acquired the Meats and Meals business possessed by Kerry Consumer Foods in the U.K. and Ireland. This procurement is anticipated to fortify PPC’s portfolio by including renowned brands such as Richmond, Denny, and Fridge Raiders to its brand collection. Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/frozen-food-market-104138

India Dairy Market Global Size, Growth, Segments, Revenue, Manufacturers and Analysis by 2030 The India dairy market size was valued at USD 115.57 billion in 2022. The market is projected to grow from USD 124.93 billion in 2023 to USD 227.53 billion by 2030, exhibiting a CAGR of 8.94% during the forecast period. India is one of the largest exporters of dairy products. Major producers in India are Uttar Pradesh, Maharashtra, Himachal Pradesh, Madhya Pradesh, Rajasthan, Punjab, and Tamil Nadu. Growing demand for functional dairy products is set to propel the India dairy market share. Fortune Business Insights™ shares this information in its report titled “India Dairy Market, 2019-2030.” Segments: Owing to Milk Being a Part of Diet of Millions of People, Milk Segment is Set to Lead According to type, the market is segmented into milk, cheese, butter, dairy desserts, milk powder, curd & yogurt, cream, and others. Milk held the largest part in the segment as it is an essential part of the diet of billions of people. Rising popularity for natural and farm-sourced milk is likely to increase the demand for milk at a higher pace in India. Thus, due to the popularity of dairy in India, there has been constant efforts taken by dairy entrepreneurs/startups to develop attractive and indulgent flavors to entice consumers. With Increasing Number of Convenience Stores, Others Segment to Lead According to distribution channel, the market is divided into supermarkets/hypermarkets, specialty retailers, online retail stores, and others. The others segment includes local milk vendors and convenience stores. It is set to dominate due to increasing number of convenience stores across the country and easy availability of dairy products, such as milk, curd, and paneer, at such stores. Specialty retailers are also growing in developing and developed countries due to advantages such as product expertise, customer experience, and wide variety of higher-quality products. Drivers and Restraints Significant Production of Milk in India to Propel Market Growth Significant production of milk in the country is projected to drive the India dairy market growth. The dairy industry has been one of the dynamic sectors in the Indian agricultural industry and has witnessed phenomenal growth in its production and consumption. High availability of milk in the country boosts the production of value-added or processed products such as cheese, butter, curd, yogurt, ghee, and paneer. In addition, milk has a strong demand in Indian households, which drives market growth. The industry in India helps the country in its socioeconomic development. However, lack of supply of fodder and emergence of various diseases in cattle are expected to hamper the market expansion. Competitive Landscape Prospects of New Key Players to Create Competitive Advantage With expanding consumption of liquid milk and milk products, the demand for milk has been increasing in the country. Prominent players are expanding their businesses by establishing numerous manufacturing facilities, opening their outlets in different markets, and launching new products. In September 2020, Tata entered into the milk category under its brand Tata NQ and launched skimmed milk powder in a pack of 25kg for institutional customers. Key Industry Development October 2022: Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) launched the Verka milk and milk products brand in Delhi. The aim of this launch was to offer dairy farmers with maximum support and good prices to these farmers. List of Key Players Profiled in the Report Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) (India) Heritage Foods Limited (India) Karnataka Cooperative Milk Producers Federation Limited (India) Kwality Milk Foods Ltd (India) Milk food Limited (India) National Dairy Development Board (India) Parag Milk Foods (India) Punjab State Cooperative Milk Producers Federation Ltd (MILKFED) (India) Rajasthan Cooperative Dairy Federation Ltd (RCDF) (India) Tamil Nadu Cooperative Milk Producers Federation Ltd (TCMPF) (India) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/india-dairy-market-107416