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Dairy Products Export from India: A Growing Global Competitor
India, known for its spices and vibrant culture, is quietly emerging as a major competitor in the global dairy industry. You might be amazed to find that India is the world's greatest milk producer, producing almost 230 million tonnes per year—more than the whole European Union combined! In this blog, we will have an overview of dairy products export from India, dairy products export data, major dairy products exporters in India, and more.
Is Dairy Products Export from India Profitable?
Dairy products export from India is definitely a profitable venture, as India is one of the major producers of milk and other dairy products at lower costs. The dairy industry provides direct employment to more than 80 million people in India. India’s native dairy products have a significant international market due to their health benefits.
The main requirements for dairy products exporters in India to run a dairy products export business profitably are to match the international quality standard, adopt relevant and efficient logistics, and reduce production costs to earn a high margin in the international market.
Dairy Products Export Data: 2023-24
In 2023-24, dairy products export from India stood at INR 2,260.94 crores ($272.65 million), with a total quantity exported of 63,738.47 metric tonnes. Ghee and butter contributed the highest share in dairy products export from India at 59.32%, followed by milk powder (27%) and cheese (11%).
As per dairy products export data, India’s shipments stood at 29.5k, exported by 2,509 Indian exporters to 3,204 international buyers. Despite being a major exporter of milk, India’s overall contribution to dairy products export is a mere 0.25% due to the high domestic consumption of most dairy products.
List of Dairy Products Export from India
Here is a list of major dairy products exports from India with HS Codes:
Fresh butter (HS Code-040510)
Butter oil (HS Code-04059010)
Buttermilk (HS Code-04059010)
Milk (HS Code-0401)
Ghee (HS Code-04059020)
Khoya (HS Code-0402)
Cheddar cheese (HS Code-04069021)
Cottage cheese (HS Code-04061000)
Skimmed milk powder (HS Code-04021010)
Yogurt (HS Code-04031000)
Top 10 Dairy Products Exporters in India
India is one of the prominent exporters of milk and other dairy products. Here is the list of the top dairy products exporters in India:
Anand Milk Union Limited (AMUL)
Mother Dairy Fruit and Vegetable Private Limited
Britannia Industries Limited
Everest Global
Jaguar Overseas Limited
Kejriwal Bee Care India Private Limited
Tetra Pak India Pvt Ltd
Rio Foods Global Venture
Bajaj Herbals Limited
Elite Green Pvt Ltd
Top 10 Dairy Products Exporting Countries
Here is the list of the largest exporters of dairy products in the world:
Germany 13.54 Billion
Netherlands 12.92 Billion
New Zealand 12.20 Billion
France 8.55 Billion
USA 6.66 Billion
Italy 6.13 Billion
Belgium 5.81 Billion
Ireland 4.35 Billion
Poland 3.80 Billion
Denmark 3.28 Billion
Top Export Destinations for India’s Dairy Products
The top countries that have a significant demand for Indian dairy products are:
United Arab Emirates
Bangladesh
United States of America
Saudi Arabia
Bhutan
United Arab Emirates (UAE): In 2023, dairy export from India to UAE was worth $92 million. It mainly imports dairy products such as eggs, honey, butter, and butter oil.
Bangladesh: Bangladesh is the largest importer of Indian milk powder. Apart from milk powder, dairy exports from India to Bangladesh include cream, cheese, and milk.
United States of America: As per dairy products export data, the value of dairy products export from India stood at $33 million, exported by 29,260 Indian dairy products exporters to 19,000 United States buyers.
Saudi Arabia: In 2023, Saudi Arabia imported dairy products worth $28 million. The main dairy products imported from India include eggs, honey, and cheese.
Bhutan: As per dairy products export data, in 2023, Bhutan imported $137 million worth of dairy products mainly from India. It is a big importer of whey and other milk products.
How to Find the Dairy Products Buyers List?
The most important step in the business of dairy products export from India is to find the relevant buyers. Eximpedia.app provides updated and real-time global trade data whether it is related to major exporters or buyers of dairy products. Dairy products exporters in India can directly contact the buyers in no time by using our dairy products export data, which includes the contact details of buyers.
Conclusion
The dairy products industry is an emerging market and growing steadily at a 7% CAGR. No doubt, India is focused on the production and exportation of products with the help of government initiatives and support. Dairy export from India is a profitable business if done with proper planning. Exporters in India can optimize their resources in the best way to increase the export value by exploring prominent and informative dairy products export data at Eximpedia.app.
For more insights into the export business in India, export from Russia, and Indonesia import data, visit Eximpedia.app. Eximpedia.app provides real-time data gathered from authorized sources by our team of experts. Please get in touch with us at any time and bring your business to new heights. To schedule a free live demo, connect with us by clicking here.
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The export industry in India is facing several challenges in 2023. However, by investing in infrastructure, compliance and regulations management, developing new markets, hedging against currency fluctuations, and developing a skilled workforce, exporters in India can overcome these challenges and succeed in the export market.
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This article provides a comprehensive overview of the export business in India, including the current market trends, potential opportunities, regulatory framework, and challenges faced by businesses. Whether you're an entrepreneur looking to venture into the export industry or a seasoned exporter seeking to expand your operations in India, this guide offers valuable insights and practical strategies to help you succeed in this highly competitive market.
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