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Growth of UHT Milk Market in India - Trends and Opportunities

Discover the factors driving the growth of the UHT milk market in India, including health trends, government initiatives, and industry dynamics. Learn how the market is set to expand from 20

Dheeraj Kumar
25/03/2024

The UHT milk market in India has witnessed a remarkable growth, reaching 1,156.2 million liters in 2023. It is projected to soar to 3,588.2 million liters by 2032, with a compound annual growth rate (CAGR) of 13.4% during the forecast period of 2023-2032. This surge is attributed to several factors including the increasing application in dining establishments, a rising demand for lactose-free options, and the overall growth of the dairy industry.

Urban India's growing health consciousness has significantly contributed to the demand for UHT milk. The convenience of long shelf life, coupled with the desire for healthy diets, has made UHT milk a preferred choice among consumers. Additionally, the expanding population and rising income levels are further propelling the market forward.

The competitive landscape of the UHT milk market in India is moderately concentrated, with key players holding a substantial market share. The entry of new players is facilitated by low capital investment requirements and a large consumer base, making the market dynamic and competitive.

Government initiatives aimed at enhancing the dairy sector, along with measures to ensure milk quality and safety, are supporting the market's growth. Moreover, the adaptability of cows to varying climatic conditions and the thriving dairy industry are key drivers of the market. The demand for UHT milk in restaurants, bars, and cafes, as well as the growing preference for lactose-free milk, are contributing to the positive market outlook.

The report also highlights the segmentation of the UHT milk market in India, with the retail sector dominating due to significant investments and the strengthening of the organized retail sector. Key questions regarding market size, growth rate, driving factors, and the impact of COVID-19 are addressed, providing a comprehensive overview of the market.

In conclusion, the UHT milk market in India is on a robust growth trajectory, driven by health consciousness, government support, and industry innovations. For businesses and investors looking to dive deeper into market insights, Probz.ai offers an AI-powered platform for qualitative and quantitative insights collection, enabling informed decision-making in this dynamic market.

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Dheeraj Kumar

data specialist

Archit has been working in the field of data science since 2018. He has worked with various clients in the field of healthcare, education, and finance. He has worked with various clients in the field of healthcare, education, and finance. He has worked with various clients in the field of healthcare, education, and finance.

Member since Mar 15, 2021

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