Bharat Book Bureau Provides the Trending Market Research Report on “India Packaged Yogurt Market” under Food & Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.
India Packaged Yogurt Market Outlook, 2023′ gives a comprehensive analysis on the Yogurt industry of India. Yogurt” has taken over the decade over “Dahi” in metros, semi metros due to health consciousness, rising disposable incomes, quality dependence and more awareness about the product and this has given tremendous boost to food processing sector. The factors that have fuelled this industry’s growth are the wide availability of raw material (milk), a growing willingness among consumers to experiment and increasing disposable income.
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India Packaged/Retail Yogurt market is expected to grow with a CAGR of more than 20% in the forecasted period of FY 2017-18 to FY 2021-22. Overall Yogurt market is segmented into Organised and Unorganised market. Retail yogurt market is made up of Spoonful yogurt and Drinkable yogurt. Again, Spoonful Yogurt is divided in three categories as per its form viz. Plain/Natural, Frozen and other. On the other side, Drinkable Yogurt has three product type viz. Buttermilk, Lassi and others. Major players operating in the Yogurt market of India are: National level players like Amul, Mother Dairy, Nestlé, and Britannia; Regional players as Karnataka Cooperative Milk Producers Federation, Parag Milk & Milk Products, Himalaya International, Tirumala Milk Products, and VRS Foods; International entrants in the markets are Danone, Fonterra, etc.
In India, yoghurt has positioned as the healthy dessert option so the increasing health and wellness awareness will help yogurt to gain popularity with same momentum. Consumers becoming increasingly concerned about hygiene and fat and nutritional content, demand for packaged yoghurt is expected to rise robustly in coming years
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