According to the latest report by IMARC Group, titled “Uttar Pradesh Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” provide the uttar pradesh dairy market exhibited strong growth during 2015-2020 and expects the market to grow at a CAGR of around 14% during 2021-2026. The report provides a detailed analysis of the market by product type also, the report analyzes the market’s competitive landscape.
Base Year: 2020
Forecast Year: 2021-2026
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Uttar Pradesh Dairy Market Industry Definition and Application:
Milk is a rich source of macro-and micro-nutrients like calcium, proteins, vitamins A and D, carbohydrates, magnesium, zinc, etc. These nutrients provide various health benefits, such as strengthening bones, improving metabolism, lowering the risks of cardiac diseases, building the body’s immunity against multiple diseases, etc. The dairy industry also utilizes raw milk to produce a wide range of dairy products like ghee, butter, condensed milk, cheese, desserts, yogurt, cream, etc.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Uttar Pradesh Dairy Market Trends and Drivers:
Inflating disposable income levels and the rising health consciousness among Indian consumers are primarily driving the growth of the Uttar Pradesh dairy industry. Moreover, the transformation of the industry from an unorganized to an organized sector is further stimulating the market growth. Besides this, several regional key players are focusing on upgrading their networks of milk procurement to expand their consumer base. Furthermore, the growing availability of value-added products, such as cheese and probiotic drinks, is further augmenting the demand. Additionally, continuous technological advancements for extending the shelf life of liquid milk is also acting as an important growth-inducing factor. Apart from this, the introduction of several initiatives and schemes by the state and central government for improving dairy farming practices is expected to further propel the Uttar Pradesh dairy market over the forecasted period.
Browse full report with TOC: https://www.imarcgroup.com/dairy-industry-uttar-pradesh
Uttar Pradesh Dairy Market Segmentation:
The report has segmented the market on the basis on product type.
Breakup by Product Type:
- Liquid milk
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Butter milk
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
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