Bihar Dairy Market Outlook
According to the report by Expert Market Research (EMR), the Bihar dairy market is projected to grow at a CAGR of 4.6% between 2024 and 2032. Aided by the rising demand for dairy products in the region and the increasing initiatives by both the government and private sectors to boost dairy production and processing, the market is expected to grow significantly by 2032.
Dairy farming is an integral part of Bihar’s agriculture sector, contributing significantly to the state’s economy. The region is home to a substantial cattle population, which includes a variety of indigenous and crossbred cows and buffaloes. Milk production in Bihar has been on an upward trend, thanks to the growing awareness among farmers about modern dairy farming practices and the increasing adoption of improved animal husbandry techniques.
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One of the primary drivers of the Bihar dairy market growth is the rising consumption of milk and milk products among the state’s population. With a growing emphasis on health and nutrition, there is an increasing demand for protein-rich food products, including fresh milk, yoghurt, ghee, and paneer. This consumer trend is fuelling the growth of the dairy industry in Bihar.
As per the Bihar dairy market analysis, the government of Bihar has been instrumental in promoting the dairy sector through various initiatives and schemes. Efforts to enhance milk production include providing subsidies for dairy farming, establishing milk processing units, and offering training programs for farmers on best practices in dairy farming. These initiatives are aimed at transforming the traditional dairy farming landscape into a more organised and productive sector.
Another significant factor contributing to the Bihar dairy market size is the increasing investment in dairy processing and value addition. With the rise of organized dairy players and cooperatives in the state, there is a growing focus on producing value-added dairy products such as flavoured milk, cheese, and ice cream. This not only caters to the evolving tastes and preferences of consumers but also adds more value to the milk produced by local farmers.
The Bihar dairy market is also witnessing the adoption of technology in various aspects of dairy farming and milk processing. Technological advancements in milk collection, storage, and processing are enhancing the efficiency and quality of dairy products. Moreover, tech-driven initiatives like e-trading platforms for milk and mobile apps for dairy farmers are further propelling the market’s growth.
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Bihar Dairy Market Segmentation
The market can be divided based on product type.
Market 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
Bihar Dairy Market Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Bihar dairy market.
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