Dairy Industry in Uttar Pradesh 2023-28: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement

PRESS RELEASE
Published February 1, 2023

According to the latest report by IMARC Group, titled “Dairy Industry in Uttar Pradesh: Market Size, Growth, Prices, Segments, Cooperatives, Private Dairies, Procurement and Distribution,” offers an in-depth analysis of the Uttar Pradesh dairy market. The milk production in Uttar Pradesh mainly consists of cow and buffalo milk. According to the report, the Uttar Pradesh dairy market size reached INR 1,626.7 Billion in 2022. Looking forward, the market is expected to reach INR 3,613.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.24% during 2023-2028.

Uttar Pradesh Dairy Market Industry Definition and Application:

Milk is a rich source of macro-and micro-nutrients like calcium, proteins, vitamins A and D, carbohydrates, magnesium, zinc, etc. These nutrients provide various health benefits, such as strengthening bones, improving metabolism, lowering the risks of cardiac diseases, building the body’s immunity against multiple diseases, etc. The dairy industry also utilizes raw milk to produce a wide range of dairy products like ghee, butter, condensed milk, cheese, desserts, yogurt, cream, etc.

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Uttar Pradesh Dairy Market Trends and Drivers:

Inflating disposable income levels and the rising health consciousness among Indian consumers are primarily driving the growth of the Uttar Pradesh dairy industry. Moreover, the transformation of the industry from an unorganized to an organized sector is further stimulating market growth. Besides this, several regional key players are focusing on upgrading their networks of milk procurement to expand their consumer base. Furthermore, the increasing availability of value-added products like cheese and probiotic drinks are driving up demand. Additionally, continuous technological advancements for extending the shelf life of liquid milk are also acting as an important growth-inducing factor. Apart from this, the introduction of several initiatives and schemes by the state and central government for improving dairy farming practices is expected to further propel the Uttar Pradesh dairy market over the forecasted period.

Uttar Pradesh Dairy Market 2023-2028 Analysis and Segmentation:

The report has segmented the market on the basis on product type.

Breakup by Product Type:

  • Liquid milk
  • Ghee
  • Curd
  • Paneer
  • Ice-cream
  • Table butter
  • Skimmed milk powder
  • Frozen/flavoured yoghurt
  • Fresh cream
  • Lassi
  • Butter milk
  • Cheese
  • Flavoured milk
  • UHT milk
  • Dairy whitener
  • Sweet condensed milk
  • Infant food
  • Malt based beverages

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