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The Kerala dairy market size reached a volume of almost 2.2 billion litres in the year 2020. The Kerala dairy industry is expected to further grow between 2021 and 2026.
Kerala presents a significantly emerging dairy market in India. Within the state, milk production primarily consists of cow milk and buffalo milk. Cow milk is expected to be one of the leading product segments in the market. The industry at large in India is still highly unorganised, dominated by a large number of small as well as marginal dairy farmers, including the ones in Kerala, thus, presenting a significant opportunity for market expansion in the region.
Dairy products are referred to as those items that are manufactured by the use of milk of cows, buffaloes, goats, sheep, and others. These products play a crucial role in the day-to-day diet as they are filled with healthy nutrients like calcium, potassium, protein, vitamins, magnesium, zinc, and fats. They offer several health benefits, including maintaining blood pressure, reducing the risk of osteoporosis, strengthening bones, type 2 diabetes, and cardiovascular disease.
The dairy market in Kerala on the basis of product type is divided into:
Some of the fastest growing segments in the market include frozen/flavoured yoghurt, UHT milk, cheese, and flavoured milk.
The dairy market in Kerala is being driven by the various untapped opportunities that the regional industry offers, which has attracted a number of private companies and investors. The market is further aided by the several initiatives the government of India is taking to help develop the dairy sector by providing support to the rural milk producers and milk cooperatives. Some of the initiatives include dairy development schemes in Kerala and the setting up of dairy farmers welfare fund board within the state.
In addition, the sustained growth of the Indian economy has given rise to the rapid urbanisation, increased spending power of consumers, and changes in the dietary patterns. The hectic lifestyles of consumers, increasing working population, and growing health consciousness have led to a rising trend towards the healthy and ready-to-eat dairy products. Apart from this, a huge number of affluent customers in Kerala who prefer value-added and premium dairy products have further enhanced the growth of the organised dairy sector in the region. These factors are also expected to bolster the market growth in the coming years.
The report gives a detailed analysis of the following key players in the Kerala dairy market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 India Dairy Market Overview
8.1 Key Industry Highlights
8.2 India Dairy Historical Market (2016-2020)
8.3 India Dairy Market Forecast (2021-2026)
8.4 India Dairy Market by Region
8.4.1 Market Share
18.104.22.168 North India
22.214.171.124 West and Central India
126.96.36.199 South India
188.8.131.52 East India
9 Kerala Dairy Market Analysis
9.1 Key Industry Highlights
9.2 Kerala Dairy Historical Market (2016-2020)
9.3 Kerala Dairy Market Forecast (2021-2026)
9.4 Kerala Dairy Market by Product Type
9.4.1 Liquid Milk
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.5 Ice Cream
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
9.4.6 Table Butter
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.7 Skimmed Milk Powder
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
9.4.8 Frozen/Flavoured Yoghurt
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.9 Fresh Cream
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.11 Butter Milk
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.13 Flavoured Milk
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
9.4.14 UHT Milk
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.15 Dairy Whitener
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
9.4.16 Sweet Condensed Milk
22.214.171.124 Market Share
126.96.36.199 Historical Trend (2016-2020)
188.8.131.52 Forecast Trend (2021-2026)
9.4.17 Infant Food
184.108.40.206 Market Share
220.127.116.11 Historical Trend (2016-2020)
18.104.22.168 Forecast Trend (2021-2026)
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Kerala Co-operative Milk Marketing Federation Ltd.
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.2 Sapins Farm Products Pvt. Ltd.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
12.2.3 Aroma Milk Products
22.214.171.124 Company Overview
126.96.36.199 Product Portfolio
188.8.131.52 Demographic Reach and Achievements
12.2.4 Nestlé S.A.
184.108.40.206 Company Overview
220.127.116.11 Product Portfolio
18.104.22.168 Demographic Reach and Achievements
13 Industry Events and Developments
List of Figures and Tables
1. India Dairy Market: Key Industry Highlights, 2016 and 2026
2. India Dairy Historical Market: Breakup by Region (Billion Litre), 2016-2020
3. India Dairy Market Forecast: Breakup by Region (Billion Litre), 2021-2026
4. Kerala Dairy Market: Key Industry Highlights, 2016 and 2026
5. Kerala Dairy Historical Market: Breakup by Product Type (Billion Litre), 2016-2020
6. Kerala Dairy Market Forecast: Breakup by Product Type (Billion Litre), 2021-2026
7. Kerala Dairy Market Structure
In 2020, the Kerala dairy market attained a volume of nearly 2.2 billion litres.
The major drivers of the market include the favourable government initiatives, growing demand for dairy products, new product launches, and growing retail sector.
The growing health consciousness and the increasing demand for value-added and premium dairy products are the key industry trends propelling the growth of the market.
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, and infant food, among others are the major dairy product types.
The major players in the industry are Kerala Co-operative Milk Marketing Federation Ltd., Sapins Farm Products Pvt. Ltd., Aroma Milk Products, and Nestlé S.A., among others.
The Kerala dairy market attained a volume of USD 2.2 billion litres in 2020, driven by the favourable government initiatives. Aided by the increasing health awareness among consumers and the rising preference for value-added and premium dairy products, the market is expected to witness a significant growth in the forecast period of 2021-2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market on the basis of product type is divided into 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, and others. The key players in the above market include Kerala Co-operative Milk Marketing Federation Ltd., Sapins Farm Products Pvt. Ltd., Aroma Milk Products, and Nestlé S.A., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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