‘India Yogurt Market Outlook, 2023’ gives a comprehensive analysis on the Yogurt industry of India. Since last few years, India is experiencing a major growth in the Yogurt sales. Increasing awareness about health benefit of yogurt, changing taste and preferences of consumers, availability of raw material have helped Yogurt market to grow considerably. In addition to this, innovations in products, cold chain facility are also driving the Yogurt industry.
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India Yogurt market is expected to grow with a CAGR of more than 12% in the forecasted period of FY 2017-18 to FY 2021-22, on account of rising health awareness, change in lifestyle, urbanization, and entry of International as well domestic players. Overall Yogurt market is segmented into Organised and Unorganised market. Organised yogurt market is further segmented into Retail yogurt market and Yogurt Service chain market. Retail yogurt market is made up of Spoonful yogurt and Drinkable yogurt. Again, Spoonful Yogurt is divided in three categories as per its form viz. Plain/Natural, Frozen and other. On the other side, Drinkable Yogurt has three product type viz. Buttermilk, Lassi and others. Yogurt service chain also offers Spoonful Yogurt (Flavoured & Fruited Frozen yogurt) and Drinkable Yogurt (Smoothie). Major players operating in the Yogurt market of India are: National level players like Amul, Mother Dairy, Nestlé, and Britannia; Regional players as Karnataka Cooperative Milk Producers Federation, Parag Milk & Milk Products, Himalaya International, Tirumala Milk Products, The Nilgiri Dairy Farm, and VRS Foods; International entrants in the markets e.g. Danone, Fonterra, etc. There are service chains also for e.g Team24 Foods & Beverages Private Limited (Flavours24), Maez One Retail and Food Private Limited (Red Mango), Brand Calculus Franchising (India) Private Limited (Kiwi kiss), Polo Foods QSR Private Limited, MOI Retail Private Limited, Fonterra India Private Limited, PepsiCo India Holdings Pvt. Ltd. , Modern Cream Dairy Industries Pvt. Ltd.
With the advent of functional products, and the emphasis on low calorie, low sugar, digestive products, the yogurt industry is undergoing a paradigm shift. Instead of the traditional milk, cheese, and butter concepts, more functional products such as yogurt and it’s other form are now being accepted as the medium of delivery for beneficial functional ingredients. The Indian palate is well-accustomed to the taste of not only plain yogurt but also such form and taste variants as Lassi, Chaas, Srikhand, Mishti Doi, Raita, etc. With the broad consumer acceptance of packaged yogurt and frozen yogurt products which satisfy their lifestyle and convenience needs, the market is expected to grow, encouraging more regional, national, and international players to enter the market.
Covered in the report:
• Organised Yogurt
• Unorganised Yogurt
• Packaged/Retail Yogurt
• Packaged/Retail Spoonful Yogurt
• Packaged/Retail Drinkable Yogurt
• Yogurt Service Spoonful Yogurt e Chain
“India Yogurt Market Outlook, 2023” discusses the following aspects of Yogurts in India:
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The report gives an in-depth understanding of the Yogurt market in India:
– India Yogurt Market Outlook
– India Yogurt Market Size By Value & Forecast
– India Organized Yogurt Market Size By Value & Forecast
– India Spoonful Yogurt Market Size By Value & Forecast
– India Drinkable Yogurt Market Size By Value & Forecast
– India Unorganized Yogurt Market Size By Value & Forecast
– India Organized Yogurt Market Segmental Analysis: By Category, By Packaged/ Retail Vs. Service Chain
– India Packaged/ Retail Yogurt Market Size By Value & Forecast
– India Packaged/ Retail Yogurt Market Segmental Analysis: By Company, By Region, By Category
– India Packaged/ Retail Spoonful Yogurt Market Size By Value & Forecast
– India Plain/Natural Yogurt Market Size By Value & Forecast
– India Frozen Yogurt Market Size By Value & Forecast
– India Packaged/ Retail Spoonful Yogurt Market Segmental Analysis: By Company, By Product Type
– Packaging Analysis of Spoonful Yogurt
– Product Price & Variant Analysis of Spoonful Yogurt
– India Packaged/ Retail Drinkable Yogurt Market Size By Value & Forecast
– India Buttermilk Yogurt Market Size By Value & Forecast
– India Lassi Yogurt Market Size By Value & Forecast
– India Packaged/ Retail Drinkable Yogurt Market Segmental Analysis: By Company, By Product Type
– Packaging Analysis of Drinkable Yogurt
– Product Price & Variant Analysis of Drinkable Yogurt
– India Yogurt Service Chain Market Size By Value & Forecast
– India Spoonful Yogurt Market Size By Value & Forecast
– India Drinkable Yogurt Market Size By Value & Forecast
– India Yogurt Service Chain Market Segmental Analysis: By Company, By Category
– Product Price & Variant Analysis of yogurt service chain
– Key Vendors in this market space
This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Yogurts in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
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Keywords: India, Yogurt, Spoonful, Drinkable, Organised, Unorganised, Curd, Dahi, Lassi, Buttermilk, Chhas, Players, Service, Chain, Retail, Packaged, Flavoured, Frozen, Amul, Danone, Britannia, Mother Dairy, Parag Food, Prabhat Dairy, Nestle, Drum Food, Hatsun Agro, Heritage Foods, KMF, VRS Foods, Tirumala milk Products, Cocoberry, Flavour24, Forever, Red Mango, Menchie’s, Kiwikiss, Modern Dairy, Fonterra, PepsiCo
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TABLE OF CONTENTS
1. Executive Summary
2. Report Scope & Methodology
3. Investments in Indian Dairy Industry
4. Global Yogurt Market Outlook
5. India Yogurt Market Outlook
5.1. Market Size By Value
5.2. Market Share By Organized Vs. Unorganized
5.3. India Organized Yogurt Market Outlook
5.3.1. Market Size By Value
5.3.1.1. Overall Market
5.3.1.2. Spoonful Yogurt Market
5.3.1.3. Drinkable Yogurt Market
5.3.2. Market Share
5.3.2.1. By Category (Spoonful Vs. Drinkable)
5.3.2.2. By Packaged/ Retail Vs. Service Chain
5.4. India Unorganized Yogurt Market Outlook
6. India Packaged/ Retail Yogurt Market Outlook
6.1. Market Size By Value
6.2. Market Share
6.2.1. By Company
6.2.2. By Region
6.2.3. By Category
6.3. India Packaged/ Retail Spoonful Yogurt Market
6.3.1. Market Size By Value
6.3.1.1. Overall Market
6.3.1.2. Plain/ Natural Yogurt Market
6.3.1.3. Frozen Yogurt Market
6.3.2. Market Share
6.3.2.1. By Company
6.3.2.2. By Product Type
6.3.3. Packaging Analysis
6.3.4. Product Price & Variant Analysis
6.4. India Packaged/ Retail Drinkable Yogurt Market
6.4.1. Market Size By Value
6.4.1.1. Overall Market
6.4.1.2. Buttermilk Market
6.4.1.3. Lassi Market
6.4.2. Market Share
6.4.2.1. By Company
6.4.2.2. By Product Type
6.4.3. Packaging Analysis
6.4.4. Product Price & Variant Analysis
7. India Yogurt Service Chain Market Outlook
7.1. Market Size By Value
7.1.1. Overall Market
7.1.2. Spoonful Yogurt Market (Frozen)
7.1.3. Drinkable Yogurt Market (Yogurt Based Smoothies)
7.2. Market Share
7.2.1. By Company
7.2.2. By Category
7.3. Product Price & Variant Analysis
8. India Economic Profile
9. Policy & Regulatory Landscape
10. PEST Analysis
11. Trade Dynamics
11.1. Import
11.2. Export
12. Channel Partner Analysis
13. India Yogurt Market Dynamics
13.1. Key Drivers
13.2. Key Challenges
14. Market Trends & Developments
14.1. Yogurt Becoming a Everyday Habit
14.2. Launch of New Products and various Varieties’
14.3. Frozen Yogurt and Drinking Yogurts are in Trend
14.4. Introduction of healthier-Greek and Probiotic Yogurts
14.5. Players are shifting from Milk to Value Added products
15. Competitive Landscape
15.1. Porter’s Five Forces
15.2. Company Profiles
15.2.1. Gujarat Co-operative Milk Marketing Federation Limited
15.2.2. Mother Dairy Fruit & Vegetable Private Limited
15.2.3. Parag Milk Foods Limited
15.2.4. Prabhat Dairy Limited
15.2.5. Drums Food International Private Limited
15.2.6. Hatsun Agro Product Limited
15.2.7. Heritage Foods Limited
15.2.8. Karnataka Cooperative Milk Producers Federation
15.2.9. Tirumala Milk Products Private Limited
15.2.10. VRS Foods Limited
15.2.11. Nestle India Limited
15.2.12. Danone Foods and Beverages India Private Limited
15.2.13. Britannia Dairy Private Limited
15.2.14. Cocoberry Restaurants and Distributors Private Limited
15.3. Company Overview
15.3.1. Team24 Foods & Beverages Private Limited (Flavours24)
15.3.2. Maez One Retail and Food Private Limited (Red Mango)
15.3.3. Brand Calculus Franchising (India) Private Limited (Kiwi kiss)
15.3.4. Polo Foods QSR Private Limited
15.3.5. MOI Retail Private Limited
15.3.6. Fonterra India Private Limited
15.3.7. PepsiCo India Holdings Pvt. Ltd.
15.3.8. Modern Cream Dairy Industries Pvt. Ltd.
16. Strategic Recommendations
17. Disclaimer
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