#Dairy Products Market
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Dairy Products Market Size, Share, Trends, Growth, Segments 2024-2029
The global Products dairy market is a substantial and expanding industry. As of 2024, the market size is estimated at $620.00 billion USD. By 2029, this figure is projected to reach $768.80 billion USD, growing at a compound annual growth rate (CAGR) of 4.40% during the forecast period from 2024 to 2029.
Key Market Segments
Milk
Milk holds the largest share in the dairy products market category, accounting for 32.33% of the market value in 2023. This segment's dominance is driven by its fundamental role in daily nutrition across the globe.
Yogurt
Yogurt is the fastest-growing segment, with a projected CAGR of 5.16% from 2024 to 2029. The health benefits associated with yogurt, such as improved digestion and weight management, are key factors driving its popularity.
Cheese
Cheese remains a staple in many diets, particularly in Western countries. The segment benefits from increasing demand for cheese-based foods and rising disposable incomes.
Butter
Butter production is influenced by improvements in animal husbandry practices and favorable weather conditions that boost milk production.
Dairy Desserts
Dairy desserts account for a significant share of the market, particularly in off-trade channels, comprising 40.24% of the total dairy industry in 2022.
Regional Insights
Europe
Europe dominates the dairy market with a value share of 33.39% in 2023. High production of cow's milk and strong government support for the dairy sector are major growth drivers in this region.
Asia-Pacific
Asia-Pacific is the second-largest market, anticipated to register a growth rate of 14% by value during 2024-2027. The region's growth is fueled by strong demand and the presence of leading dairy producers like India.
North America
North America, with its high consumption of dairy products and innovations in dairy farming, continues to be a vital market for dairy products.
Africa
Africa is the fastest-growing market, with a projected CAGR of 5.84% from 2024 to 2029. The region's growth is driven by a rising middle class and younger demographic.
South America
South America is expected to see a substantial spike in dairy consumption due to government investments and growing health awareness.
Factors Driving Market Growth
Population Growth
An increasing global population drives the demand for dairy products as more people incorporate them into their daily diets.
Rising Health Consciousness
Consumers are becoming more health-conscious, seeking products that offer nutritional benefits, such as high-protein, low-fat, and probiotic-rich dairy items.
Demand from Emerging Markets
Emerging markets are witnessing rapid urbanization and rising incomes, leading to increased demand for dairy products.
Value Addition
Innovations in dairy products, such as fortified milk and flavoured yogurts, add value and attract a broader consumer base.
Trends in the Dairy Products Market
Organic Dairy Products
Organic dairy products are gaining popularity as consumers seek healthier and more environmentally friendly options. Governments and organizations are also promoting organic farming practices.
Free-From Dairy Products
Products free from lactose, sugar, and other allergens are becoming increasingly desirable, especially in developed countries.
Smart Packaging
Innovative packaging solutions that extend shelf life and ensure product safety are becoming essential in the dairy industry.
Sustainable Practices
Sustainability is a growing concern, with companies investing in eco-friendly practices and reducing their carbon footprint.
Major Players in the Market
Inner Mongolia Yili Industrial Group Co. Ltd
Holding a 2.66% market share in 2022, this company leads the market with its stringent food safety measures and innovative product offerings.
Danone SA
Known for its diverse dairy product range and commitment to sustainability, Danone is a major player in the global dairy market.
Nestlé SA
Nestlé's extensive product portfolio and strong global presence make it a dominant force in the dairy industry.
Unilever PLC
Unilever continues to innovate in the dairy sector, focusing on sustainable and health-oriented products.
China Mengniu Dairy Company Ltd
This company is a leading dairy producer in China, known for its high-quality products and extensive distribution network.
Challenges in the Dairy Market
High Production Costs
The high costs associated with dairy production, including feed, labor, and equipment, pose a challenge to market growth.
Environmental Concerns
Dairy farming has significant environmental impacts, including greenhouse gas emissions and water usage, necessitating sustainable practices.
Market Competition
The dairy market is highly competitive, with numerous players vying for market share. Differentiation through innovation and quality is crucial.
Future Outlook
Predictions for the Next Decade
The dairy market is poised for steady growth, driven by innovations, increasing health awareness, and expanding markets.
Potential Market Disruptors
Technological advancements, regulatory changes, and shifts in consumer preferences could significantly impact the market in the coming years.
Conclusion
The dairy products market is dynamic and full of potential, driven by technological advancements, shifting consumer preferences, and a growing focus on sustainability. Companies that adapt to these changes and innovate will thrive in this competitive landscape. The future of the dairy industry is promising, with numerous opportunities for growth and expansion.
#cultured dairy products market#dairy products market#dairy products market demand#dairy products market forecast#dairy products market growth#dairy products market growth rate#dairy products market leading players#dairy products market report#dairy products market share
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Dairy Products Market Size & Share Analysis - Industry Research Report
The global dairy products market is a powerhouse industry, providing essential nutrients to billions and serving as a cornerstone of various food cultures. Let's delve into the market size, growth trajectory, key trends, and prospects of this ever-evolving landscape.
Market Size and Growth Trajectory
The global dairy products market is estimated to be valued at around USD $5.7 trillion (about $18,000 per person in the US) in 2023 (source: credible market research report). This colossal figure reflects the widespread consumption of dairy products like milk, cheese, yogurt, butter, and ice cream. Industry experts predict a Compound Annual Growth Rate (CAGR) of 3.5% between 2023 and 2030. This steady growth can be attributed to several factors:
Rising disposable incomes: As economies develop, consumers have more money to spend on food, including dairy products.
Growing urbanization: Urbanization leads to busier lifestyles, prompting a demand for convenient and nutritious dairy options.
Increasing health awareness: Dairy products are recognized as a good source of calcium, protein, and essential vitamins, driving health-conscious consumers towards them.
Expanding application areas: The use of dairy ingredients in bakery products, confectionery, and processed foods further fuels market growth.
Market Analysis: A Blend of Trends
The dairy market is a dynamic landscape shaped by various trends:
Shifting consumer preferences: Consumers are increasingly opting for healthier dairy options like low-fat or lactose-free products. There's also a growing demand for organic and grass-fed dairy products perceived as more natural.
Rise of plant-based alternatives: Plant-based milk and yogurt options are gaining traction, particularly among lactose-intolerant consumers and those seeking vegan alternatives.
Technological advancements: Innovations in packaging extend shelf life and reduce food waste. Additionally, automation in dairy production improves efficiency and cost-effectiveness.
Evolving retail landscape: The rise of online grocery shopping and convenience stores is changing consumer purchasing habits.
Outlook: A Creamy Forecast
The future of the dairy products market appears promising, fueled by:
Growth in emerging economies: The rising middle class in countries like China and India is expected to drive significant demand for dairy products.
Product diversification: Manufacturers are continuously innovating with new flavors, formats, and functionalities to cater to diverse consumer preferences.
Focus on sustainability: Environmentally conscious production practices and sustainable packaging solutions will gain importance.
Challenges and Opportunities: A Balancing Act
Despite the positive outlook, the dairy market faces challenges:
Price volatility: Fluctuations in raw milk prices can impact product affordability.
Climate change: Droughts and extreme weather events can disrupt milk production.
Competition from plant-based alternatives: The growing popularity of plant-based dairy substitutes puts pressure on traditional dairy products.
These challenges present opportunities for companies that can:
Develop sustainable and ethical sourcing practices.
Invest in research and development to create innovative products that stand out in a crowded marketplace.
Effectively communicate the nutritional benefits and versatility of dairy products.
Conclusion: A Wholesome Future Awaits
The global dairy products market is projected to witness continued growth in the coming years. By adapting to evolving consumer preferences, embracing technological advancements, and navigating challenges strategically, dairy companies can ensure a future filled with creamy success.
#dairy products market#dairy products market demand#dairy products market forecast#dairy products market growth#dairy products market growth rate#dairy products market leading players#dairy products market report
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Dairy Products Market Growth and Opportunities: A Comprehensive Study
The dairy products market refers to the industry involved in the production, processing, distribution, and sale of various dairy products. Dairy products are derived from milk and include a wide range of items such as milk, cheese, butter, yogurt, ice cream, cream, and other related products.
The global dairy products market has witnessed significant growth over the years, driven by factors such as increasing population, rising disposable income, changing dietary preferences, and the growing awareness of the nutritional benefits of dairy products. Additionally, advancements in technology and innovations in product development have further fueled market growth.
Here is some comprehensive information about the dairy products market:
Market Segmentation:
By Product Type: Milk, Cheese, Butter, Yogurt, Ice Cream, Cream, Others
By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Online Retailers, Specialty Stores, Others
By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Key Players:
Nestlé SA
Danone SA
Lactalis Group
Fonterra Co-operative Group Limited
The Kraft Heinz Company
Arla Foods
Dean Foods
Amul
Meiji Holdings Co., Ltd.
Yili Group
Market Trends and Drivers:
Increasing health consciousness and demand for nutritious products
Rising popularity of organic and natural dairy products
Growing consumer preference for plant-based dairy alternatives
Technological advancements in processing and packaging techniques
Expansion of distribution channels and online retail platforms
Changing dietary patterns and increasing consumption of convenience foods
Market Challenges:
Fluctuating prices of raw materials, such as milk
Stringent regulations and quality control standards
Intense competition from local and regional players
Environmental concerns related to dairy farming practices
Market Outlook and Future Prospects: The dairy products market is expected to continue its growth trajectory in the coming years. Factors such as increasing urbanization, rising disposable income, and the introduction of innovative dairy products are projected to drive market expansion. Moreover, emerging markets in Asia Pacific and Latin America offer significant growth opportunities for market players.
It's important to note that the information provided here is a general overview of the dairy products market. For specific and up-to-date market insights, it is advisable to refer to industry reports, market research publications, and consult with industry experts.
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The Dairy Products market size is estimated to reach $551.3 billion by 2026, growing at a CAGR of 4.6% during the forecast period 2021-2026. Dairy Products or milk products are any foods that contain milk from mammals such as cattle, goats, yaks, camels, buffaloes, and sheep. Some of the most common milk products are cheese, yogurt, butter, powdered milk, and frozen food products such as ice creams and desserts. An increase in awareness regarding the nutritional benefits of Dairy Products is anticipated to drive the market during the forecast period.
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I hated advertising long before I figured out I was autistic
okay do yoh guys ever think about the fact that “high quality” is an actual descriptor like theres high quality tea leaves high quality fabrics high quality espresso beans etc but because of advertising everything that is said to be “high quality” on the package is just because it supposedly sells better. but not everything is high quality so it is a lie. a descriptor becomes meaningless because it sounds good. what if we were just honest. why cant you say this coffee beans arent the best but they will do the job. i would be happy with okay if it didnt lie
#goo noises#no seriously fuck advertising#it is some fae-esque bullshit where things are either technically not a lie or has no legal meaning so it can't be enforced#the biggest one for me is dairy commercials that say their milke has no RBST growth hormones in it#WELL NO SHIT YOU AREN'T LEGALLY ALLOWED TO HAVE ANY IN THE FIRST PLACE#For the longest time 'Organic' had no legal standards or definitions too#Now it's a strictly enforced thing#in a similar vein fat free isn't actually free of fat#legally it's less than 0.5g of fat per serving#the real kicker is that the producer gets to make the serving size#so that's how you have rediculously small serving sizes#because some company is bending them to fit a legal definition to put a marketing term on their product
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The United States halal food market size reached USD 668.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 1,538.5 Billion by 2033, exhibiting a growth rate (CAGR) of 9.7% during 2025-2033.
#United States Halal Food Market Report by Product (Meat#Poultry and Seafood#Fruits and Vegetables#Dairy Products#Cereals and Grains#Oil#Fats and Waxes#Confectionery#and Others)#Distribution Channel (Traditional Retailers#Supermarkets and Hypermarkets#Online#and Region 2025-2033
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Boosting Kenya’s Dairy Sector: JKUAT and Tassels Farm Enter Partnership on Dairy Farming
“Discover how JKUAT’s partnership with Tassels Farming Ltd is transforming Kenya’s dairy sector through advanced training, modern infrastructure, and sustainable practices in agribusiness education.” “Explore the impact of JKUAT and TSL’s collaboration on Kenya’s dairy industry, focusing on high-yield breed development, practical farmer training, and sustainable dairy farming innovations.” “Learn…
#agribusiness education#agricultural education Kenya#agriculture research Kenya#agriculture training programs#Bottom-Up Economic Transformation Agenda Kenya#dairy farming in Kiambu#dairy farming modernization#dairy farming techniques#dairy farming workshops#dairy infrastructure#dairy marketing strategies#dairy product marketing#dairy sector advancements#dairy value chain Kenya#food security Kenya#high-yield cows and goats#high-yield dairy breeds#JKUAT agribusiness#JKUAT center of excellence#JKUAT dairy farming partnership#JKUAT TSL MoU#Kenya agriculture innovation#Kenya dairy sector#local farmers Kenya#modern dairy techniques#rural economy development#sustainable agriculture Kenya#sustainable dairy farming#Tassels Farming Ltd#TSL dairy innovation
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Lucky Sweets is well-regarded in Chennai for its range of traditional Indian sweets, including their all type of milky sweets available here.
#Wholesale Sweet Milk#Bulk Sweetened Milk#Wholesale Sweet Milk Suppliers#Sweet Milk Wholesale Prices#Bulk Sweetened Dairy Products#Sweet Milk Bulk Purchase#Wholesale Sweet Milk Distribution#Sweetened Milk Wholesale Deals#Wholesale Sweet Milk Products#Bulk Sweet Milk Supply#Wholesale Flavored Milk#Sweet Milk Wholesale Market#Bulk Sweet Milk Vendors#Sweetened Milk Wholesale
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Pasta Filata Cheese Market is in Trends by Growing Demand for Specialty and Artisan Cheeses
The pasta filata cheese market involves various cheese variants that undergo a cooking and kneading process to produce a soft, pliable consistency. Popular types include mozzarella, provolone, and scamorza. Pasta filata cheeses are known for their fresh, milky flavors and ability to melt well in baked dishes or on pizza. The market sees strong demand from the foodservice industry due to wide use of mozzarella in dishes. The health appeal of pasta filata cheeses as a good source of calcium, protein, and other nutrients also drives their use in products catering to health-conscious consumers. The Global Pasta Filata Cheese Market is estimated to be valued at US$ 14.4 Mn in 2024 and is expected to exhibit a CAGR of 11.% over the forecast period 2024 To 2031. Key Takeaways Key players operating in the pasta filata cheese market are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. Demand for specialty and artisan pasta filata cheeses is on the rise with consumers preferring unique flavors and authentic ingredients. Pasta filata cheese producers are also expanding globally with a focus on regions with high Italian populations or growing foodservice industries. Key players related content comprises key players related content Key players operating in the Pasta Filata Cheese Market Growth are Bristol Myers Squibb, Johnson & Johnson, AbbVie Inc., and Merck & Co., Inc. Demand for specialty and artisan pasta filata cheeses is on the rise with consumers preferring unique flavors and authentic ingredients. Pasta filata cheese producers are expanding globally with focus on regions with high Italian populations or growing foodservice industries. The growing demand in market: There is growing demand for pasta filata cheeses due to increasing preference for authentic Italian cuisine around the world. Foodservice providers are actively promoting specialty mozzarellas, scamorzas, and provolones on menus to attract customers. Global expansion of market: Major pasta filata cheese companies are expanding their global footprint by acquiring regional brands, establishing manufacturing plants overseas, and boosting imports. North America and Asia Pacific present lucrative opportunities due to rising spending power, Westernization of diets, and growing popularity of pizza and pasta dishes. Market Key Trends A key trend gaining traction in the pasta filata cheese market is the rise of artisan and specialty varieties. Small-scale producers are innovating with unique flavor blends, seasonal ingredients, and traditional recipes to appeal to consumers seeking authentic cooking experiences. This is driving increased consumption of high-value pasta filata cheeses.
Porter's Analysis Threat of new entrants: High capital investments for production plants and brand loyalty towards existing brands pose barrier for new entrants. Bargaining power of buyers: Large retail buyers can negotiate with suppliers on price discounts due to their high purchase volumes. Bargaining power of suppliers: Milk being the key raw material, dairy farmers can influence prices depending on production and supply. Threat of new substitutes: Alternative cheese varieties and plant-based substitutes can limit market growth.Competitive rivalry: Intense competition exists among existing vendors to capture market share through innovation, marketing campaigns and pricing strategies. Western Europe dominates the global pasta filata cheese market. Countries including Italy, Spain, and France are leaders in consumption and production. The per capita pasta filata cheese consumption in Western Europe is higher compared to other regions. The Middle East and Africa is expected to witness the fastest growth rate over the forecast period. Rising health awareness, changing dietary patterns, and growing exposure to international cuisines are fueling the demand for pasta filata cheese in countries such as Saudi Arabia, United Arab Emirates, South Africa and Nigeria.
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#Coherent Market Insights#Pasta Filata Cheese Market#Pasta Filata Cheese#Mozzarella Cheese#Provolone Cheese#Italian Cheese#Cheese Stretching#Curd Stretching#Cheese Making#Fresh Cheese#Dairy Products
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Fortified Dairy Products Market To Reach $173.19 Billion By 2030
The global fortified dairy products market size is anticipated to reach USD 173.19 billion by 2030 and is projected to grow at a CAGR of 5.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. There is a growing awareness of the importance of nutrition and its role in preventing chronic diseases and promoting overall health. Consumers are becoming more educated about the benefits of vitamins and minerals, leading to a preference for products that offer added health benefits. Fortified dairy products, which are enriched with essential nutrients such as vitamins D and B, calcium, and omega-3 fatty acids, appeal to health-conscious consumers. These nutrients are crucial for bone health, immune function, and cardiovascular health. For instance, vitamin D-fortified milk helps in the absorption of calcium, which is vital for maintaining strong bones and preventing osteoporosis, especially in aging populations.
Fortification of dairy products is an effective strategy to address dietary deficiencies that are prevalent in many parts of the world. Deficiencies in essential nutrients such as vitamin D, iron, and calcium are common, particularly in regions where access to a varied diet may be limited. Fortified dairy products provide an accessible and efficient means to deliver these nutrients to a wide population. For example, vitamin D deficiency is a widespread issue, especially in countries with limited sunlight exposure. Fortifying milk and other dairy products with vitamin D helps mitigate this deficiency. Similarly, fortified dairy products can be crucial in addressing iron deficiency, which is a leading cause of anemia worldwide.
Technological advancements in food processing and fortification have made it easier and more cost-effective to produce fortified dairy products. Innovations in microencapsulation and bioavailability of nutrients have improved the stability and efficacy of fortified ingredients in dairy products. These advancements ensure that the nutrients added to dairy products are preserved throughout the product’s shelf life and are effectively absorbed by the body. Moreover, advancements in production techniques have enabled manufacturers to fortify dairy products without compromising taste, texture, or overall quality. This has made fortified dairy products more appealing to consumers, driving up demand.
The dairy industry has seen a significant increase in the diversity and availability of fortified products. Manufacturers are introducing a wide range of fortified dairy products to cater to different consumer needs and preferences. These products include fortified milk, yogurt, cheese, and even ice cream.
The availability of various fortified options allows consumers to choose products that fit their dietary preferences and lifestyles. For instance, lactose-intolerant consumers can opt for lactose-free fortified milk, while those looking for weight management options can choose low-fat or skim-fortified milk. This diversity in product offerings has broadened the consumer base for fortified dairy products.
The demand for fortified dairy products is witnessing significant growth across different regions, driven by varying factors. In North America, the market is propelled by high health awareness and regulatory support. Consumers in this region are increasingly seeking out products with added health benefits, and stringent fortification regulations ensure the availability of such products. In the Asia Pacific region, rapid urbanization, rising disposable incomes, and growing health consciousness are driving the demand for fortified dairy products. The large population base in countries like China and India presents a substantial market opportunity for manufacturers.
Request a free sample copy or view report summary: Fortified Dairy Products Market Report
Fortified Dairy Products Market Report Highlights
The milk-segment led the market with the largest revenue share of 40.96% in 2023, due to the growing consumer demand for enhanced nutritional value, providing essential vitamins and minerals that support overall health
Based on ingredient, the vitamin segment held the largest market share of 30.84% in 2023, due to the increasing consumer awareness about the importance of vitamins for maintaining health and preventing deficiencies
Asia Pacific market held the largest revenue share of 36.15% in 2023 and is expected to retain its dominance over the forecast period. Rapid urbanization and rising disposable incomes in the region have led to increased consumer spending on health and wellness products, including fortified dairy
Fortified Dairy Products Market Segmentation
Grand View Research has segmented the globalfortified dairy products market report based on product, ingredient, flavor, distribution channel, and region:
Fortified Dairy Products Product Outlook (USD Million; 2018 - 2030)
Milk
Yogurt
Cheese
Ice Cream
Others
Fortified Dairy Products Ingredient Outlook (USD Million; 2018 - 2030)
Vitamins
Minerals
Probiotics
Omega-3 Fatty Acids
Proteins
Others
Fortified Dairy Products Flavor Outlook (USD Million; 2018 - 2030)
Unflavored/Natural
Flavored
Fortified Dairy Products Distribution Channel Outlook (USD Million; 2018 - 2030)
Hypermarkets & Supermarkets
Convenience Stores
Specialty Stores
Online
Others
Fortified Dairy Products Regional Outlook (Revenue, USD Million; 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
Central & South America
Brazil
Middle East & Africa (MEA)
South Africa
List of Key Players of the Fortified Dairy Products Market
Dean Foods Company
Nestle S.A
BASF SE.
China Modern Dairy Holdings Ltd.
General Mills Inc.
Arla Foods UK Plc.
Danone
CMMF Ltd.
Fonterra Group Cooperative Ltd
Bright Dairy & Foods Co.
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Dairy Industry in India - UJA Market Report
India is the world’s largest milk producer
24% contribution to global milk production
India’s milk processing capacity is 126 million liters per day
For a decade, the country’s milk industry has been growing at a CAGR of 5.8%
Milk production in India registered more than 50% increase during the last ten years
Globally, India exported 67,572 million tons of dairy products during the year 2022–2023
80 million people are employed in the dairy sector
The industry contributes 5% to the national economy
Per capita availability of milk is 459 grams per day
Overview: Dairy Sector in India
The top5 milk producing States are Uttar Pradesh, Rajasthan, Madhya Pradesh, Gujarat, and Andhra Pradesh. They together contribute around 53% of total milk production in the country.
The average yield per animal per day for exotic/crossbred is 8.55 Kg/day/Animal and for indigenous/non-descript is 3.44 Kg/day/Animal.
Milk production from exotic/crossbred cattle has increased by 3.75% and Indigenous/ non-descript cattle have increased by 2.63% as compared to the previous year.
The top13 states together contribute around 92% of total milk production in the country
India produced nearly 50% more milk than the US and more than three times as much as China.
The top5 milk producing States are Uttar Pradesh, Rajasthan, Madhya Pradesh, Gujarat, and Andhra Pradesh. They together contribute around 53% of total milk production in the country.
The average yield per animal per day for exotic/crossbred is 8.55 Kg/day/Animal and for indigenous/non-descript is 3.44 Kg/day/Animal.
Milk production from exotic/crossbred cattle has increased by 3.75% and Indigenous/ non-descript cattle have increased by 2.63% as compared to the previous year.
The top13 states together contribute around 92% of total milk production in the country
India produced close to 50% more milk than the US and more than three times as much as China.
India’s Dairy Industry Flow
The Indian dairy sector is divided into the organized and unorganized segments:
Unorganized segment consists of traditional milkmen, vendors, and self-consumption at home
Organized segment consists of cooperatives and private dairies
Indian dairy sector is dominated by an unorganized sector, selling 64% of the marketable surplus
Around 36% of the marketable milk is processed by the organized sector, with cooperatives & Government dairies, and private players contributing 50% each
Amul, the brand of Gujarat Coop Milk Marketing Federation (GCMMF) is the largest dairy co-operative and the largest organized player in India
It is the 9th largest dairy player in the world. It aims to be amongst the top 3 dairy players in the world. Amul plans to add 40–60 value-added products in the next 2 years.
Government & Milk Producers Initiatives
The governmentof India set up a 15,000 Cr fund for offering financial support to set up new units or expand existing units in areas of dairy processing & related value addition infrastructure, meat processing & related value addition infrastructure, and Animal Feed Plants. The benefits available are:
3% interest subvention on loans
2-year moratorium with 6-year repayment period
INR 750 Cr credit guarantee
The Rashtriya Gokul Mission has been extended till 2026 with an The INR 2,400 Cr commitment to boost productivity and milk output, making dairying more profitable for farmers.
50% Capital subsidy up to INR 2 Cr to eligible entrepreneurs, individuals, FPOs / FCOs, SHGs, JLGs, and Section 8 companies for the establishment of breed multiplication farms
Accelerated breed improvement program under the component subsidy of INR 5,000 for IVF pregnancy
National Program for Dairy Development (NPDD) scheme aims to enhance the quality of milk and milk products and increase the share of organized milk procurement, processing, value addition, and marketing. The scheme has two components:
Component ‘A’ focuses on creating/strengthening infrastructure for quality milk testing equipment as well as primary chilling facilities for State Cooperative Dairy Federations/ District Cooperative Milk Producers’ Union/SHG-run private dairy/Milk Producer Companies/Farmer Producer Organizations. The scheme will be implemented across the country for the period of five years from 2021–22 to 2025–26.
Component ‘B’ (Dairying Through Cooperatives) provides financial assistance from the Japan International Cooperation Agency (JICA) as per the project agreement already signed with them. It is an externally aided project, envisaged to be implemented during the period from 2021–22 to 2025–26 on a pilot basis in Uttar Pradesh and Bihar
In September 2023, AMUL had opened its 85th branch in Kutch, Gujarat. This new branch ensures the distribution of the entire range of Amul’s dairy products
In March 2024, Mother Dairy announced that it would invest INR 650 crore to set up two new plants for the processing of milk. The company will also invest INR 100 crore to expand the capacities
In December 2023, Karnataka Milk Federation (KMF) announced that the Company will start buffalo milk sales from December 21 in the country.
Want to know more info, click here https://uja.in/blog/market-reports/dairy-industry-in-india/
#Dairy Industry in India#Indian Dairy Sector#Dairy Sector#Milk Production#India’s Dairy Industry#Gujarat Coop Milk Marketing Federation#Rashtriya Gokul Mission#uja global advisory#uja global
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Do we no longer need cows or how are they trying to replace farm products with “test-tube meat”?
It has long been no secret to anyone that in different countries artificial food products are being developed that are very difficult to distinguish from real ones. Large companies, such as the Swiss Bell Food Group, invest considerable funds in the development of this industry. But how to get people to switch from organic meat to meat printed on a special printer?
For example, Denmark's coalition government agreed in June 2024 to introduce the world’s first carbon emissions tax on agriculture. It will mean new levies on livestock starting in 2030. It should be recalled that Denmark is the largest exporter of dairy and pork products, and the agricultural sector is the country’s largest source of income. Over 140,000 people of the working population are employed in agriculture. The volume of agricultural and livestock production is more than 3 times higher than the needs of the country’s population. Total exports of agricultural products amount to over 16.8 billion euros. The livestock sector employs 48 thousand people.
So, we can understand that farmers are one of the most profitable groups of the population. At the same time, the government decided to introduce a new tax specifically in relation to this category of citizens of the country. The “green agenda” today is working against people. Green parties and “test-tube meat” producers say the tax is an important step in the fight against climate change and the need to move to more environmentally friendly food sources. And this is not surprising, because competitors need to be moved. Not every farmer is willing to pay $96 per cow annually. This means that annually, a farmer with a thousand cows will pay approximately $96,000. Some people say that the new tax is not aimed at actually reducing CO2 emissions, but at increasing the income of artificial meat producers. Also, critics of the tax note that it does not take into account the real conditions of farmers, who already suffer from high prices for building materials and difficulties in obtaining subsidies. We are not even talking about the constant rise in prices for electricity and other utilities. The introduction of this tax may lead to additional costs for farmers, which in turn may lead to a decrease in production and deterioration in the economic situation in agriculture.
Danish farmers’ group Bæredygtigt Landbrug said the measures amounted to a “scary experiment.” “We believe that the agreement is pure bureaucracy,” chairman Peter Kiær said in a statement. “We recognize that there is a climate problem… But we do not believe that this agreement will solve the problems, because it will put a spoke in the wheel of agriculture’s green investments.” Some representatives of Danish farming have begun to blame artificial meat companies for introducing a new tax in the country. According to them, in this way those companies are trying to replace natural products with their own. After all, this tax will hit the pockets of many farmers and they will have to say goodbye to part of their livestock.
“I would not be surprised to see schools in Denmark and Sweden ban meat altogether. That’s how it will be,” said Saxo Capital Markets market strategist Charu Chanan in 2023. This is already happening today. While some people will pursue profit, presenting it under the guise of concern for the environment, others will suffer. We remember very well the story about harmless electric vehicles and the gasoline electric generators from which they are charged. And of course, the cherry on the cake is “the almost environmentally friendly” recycling of batteries from those cars.
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Organic Dairy Market will be US$ 55.02 billion by 2032
Organic Dairy Market Analysis The global organic dairy market is currently valued at US$26.53 billion as of 2023. It is anticipated to grow significantly and could reach US$55.02 billion by 2032, marking a compound annual growth rate (CAGR) of 8.44% from 2024 to 2032. The demand for organic dairy products has increased significantly in recent years, leading to greater availability in mainstream…
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#global organic dairy market#organic dairy market#organic dairy market 2024#organic dairy market by product#organic dairy market report#organic dairy market share#organic dairy market size
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The market for dairy products without lactose, a niche within the broader allergen-free food sector, serves those who either cannot digest lactose or prefer their dairy without this sugar.
#Lactose-Free Dairy Products Market#Lactose-Free Dairy Products Industry#Lactose-Free Dairy Products Market Report#Lactose-Free Dairy Products Market Research#Lactose-Free Dairy Products Market Analysis#Lactose-Free Dairy Products Market Growth#BIS Research#FoodTech
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Kenya Dairy Board’s 10-Year Plan: More Milk, Sustainability, and Climate Action
The Kenya Dairy Board unveils a 10-year plan to transform the dairy sector by focusing on sustainability, increasing milk production by 2.5 billion litres, and ensuring environmental and economic benefits for farmers. Kenya’s 10-year Dairy Industry Sustainability Roadmap aims to produce an additional 2.5 billion litres of milk annually, promoting sustainable farming, reducing greenhouse gas…
#climate-smart dairy#dairy cooperatives#dairy environmental impact#dairy farmers Kenya#dairy farming challenges#dairy farming Kenya#dairy industry development#dairy industry roadmap#dairy industry targets#dairy industry transformation#dairy market Kenya#dairy roadmap#dairy sector growth#dairy sector innovation#dairy sector plan#dairy sustainability#Food security#greenhouse gas emissions#Kenya Dairy Board#Kenya dairy industry#Kenya dairy processing#Kenya economic growth#Kenya food security#Kenya nutrition#milk exports Kenya#milk processing#milk production increase#milk production Kenya.#sustainable agriculture#sustainable farming practices
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