According to the latest report by IMARC Group, titled “Dairy Industry in Tamil Nadu: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution,” the Tamil Nadu dairy market size reached INR 1,058 Billion in 2022. Looking forward, IMARC Group expects the Tamil Nadu dairy market to reach INR 2,473 Billion by 2028, exhibiting a growth rate (CAGR) of 15.5% during 2023-2028.
Tamil Nadu Dairy Market Industry Definition and Application:
Milk is an excellent source of calcium, carbohydrates, proteins, vitamins A and D, magnesium, zinc, etc. These macro-and micro-nutrients are crucial for the body as they help in strengthening bones, lowering the risks of cardiac diseases, improving metabolism, and building the body’s immunity against multiple ailments. The dairy industry also utilizes raw milk to produce a variety of dairy products like butter, ghee, condensed milk, cheese, cream, etc. Presently, the milk production in Tamil Nadu mainly consists of buffalo milk and cow milk.
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Tamil Nadu Dairy Market Trends and Drivers:
The rising health concerns among the consumers, along with the inflating disposable incomes, are primarily driving the growth of the Tamil Nadu dairy market. Furthermore, the transformation of the dairy industry from an unorganized sector into an organized one is providing a thrust to the market. Additionally, the key market players are focusing on upgrading their networks of milk procurement in order to serve a large number of consumers. Besides this, the introduction of several initiatives and schemes by the Indian government to improve the dairy farming practices is also contributing to the market growth. Moreover, various technological advancements for increasing the shelf life of liquid milk are projected to further drive the Tamil Nadu dairy market in the coming years.
Tamil Nadu Dairy Market Segmentation:
The report has segmented the market on the basis on product.
Breakup by Product:
- Liquid milk
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Butter milk
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
Who are the Tamil Nadu Dairy Market Key players?
The report provides a detailed analysis of the market leaders, including.
- Tamil Nadu Cooperative
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