According to a new report by Expert Market Research titled, “Kerala Dairy Market Share, Size, Report and Forecast 2024-2032″, the Kerala dairy market size witnessed a healthy growth in the historical period. Aided by the increasing demand for high-quality dairy products, the market is expected to grow significantly by 2032.
Kerala’s dairy industry is renowned for its high-quality milk production, which is an integral part of the daily diet of the state’s populace. The industry’s growth is primarily fuelled by the increasing demand for dairy products among the rapidly growing population. This demand is not just for traditional milk but extends to a variety of dairy products like cheese, yoghurt, butter, and ghee, which are becoming increasingly popular due to changing dietary habits and rising health consciousness.
One of the unique aspects of Kerala’s dairy industry is its cooperative model, which has been a cornerstone in the development and success of the sector. The cooperative model has enabled small and marginal farmers to play a significant role in the industry, ensuring fair prices and a steady market for their produce. This model has also facilitated the implementation of quality control measures and modern farming practices, contributing to the overall improvement in milk quality and production efficiency.
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The Kerala dairy market growth is further augmented by the state government’s supportive policies and initiatives aimed at boosting milk production and enhancing the quality of dairy products. These include subsidies for cattle feed, veterinary services, and the establishment of modern dairy farms and processing units. Such initiatives are aimed not only at increasing production but also at ensuring sustainability and self-sufficiency in milk production in the state.
Technological advancements influence the Kerala dairy market outlook significantly. The adoption of modern dairy farming technologies, such as automated milking machines, advanced breeding techniques, and efficient feed management systems, has significantly increased production capacities and operational efficiencies. These technologies have also helped in maintaining high standards of hygiene and quality, which are essential for the long-term sustainability of the industry.
The increasing trend of health and wellness has also escalated the Kerala dairy market demand. With a growing awareness of the health benefits associated with dairy consumption, there has been a significant shift towards consuming organic and A2 milk products. These products are perceived to be healthier and more nutritious, leading to a surge in demand, especially among health-conscious consumers.
Moreover, the Kerala dairy industry is expanding its reach beyond the state’s borders, with a growing presence in neighbouring states and even overseas markets. This expansion is driven by the industry’s reputation for quality and the rising popularity of ethnic Kerala dairy products. Export initiatives are also being supported by the state government, opening up new avenues for growth and diversification.
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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
• Others
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 Kerala dairy market. Some of the major players explored in the report by Expert Market Research are as follows:
• Kerala Co-operative Milk Marketing Federation Ltd.
• Sapins Farm Products Pvt. Ltd.
• Aroma Milk Products
• Nestlé S.A.
• Others
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