India Milk-Based Beverages Market Forecast Report 2020 – 2027 – Top Key Players Analysis

India Milk-Based Beverages Market

The market report offers a comprehensive business study that analyses innovative ways for business growth and describes necessary factors such as leading players, market revenue, and growth rate. This report also focusses on market volume and value at a country level.

Competitive Landscape of the India MilkBased Beverages Market The India milk-based beverages market report scans the competitive landscape and profiles of the major players operating in the market, including  Nestle India Limited, Amul (Gujarat Co-operative Milk Marketing Federation Ltd.), Britannia Industries Limited, Vio (The Coca-Cola Company), Sunfeast (ITC Limited), Mother Dairy Fruit & Vegetable Pvt. Ltd., The Hershey Company, Milma (Kerala Co-operative Milk Marketing Federation Ltd), Nandini (Karnataka Co-operative Milk Producers Federation Ltd.), among others.

Key Drivers of the India Milk-Based Beverages Market The India milk-based beverages market is projected to reach USD 5,273.9 million by the end of 2026, growing at a CAGR of 25.5 % over the forecast period 2019-2026. The key factors contributing to the market growth include the growing consumer focus towards health, coupled with increasing disposable income. Furthermore, the rising awareness of various advantages offered by ready-to-drink milk-based beverages among consumers will increase the demand for the milk-based beverages market in India. Milk-based beverages contain numerous essential nutrients such as vitamin A, calcium, protein, potassium, and other nutrients, which are significant key drivers that plays a vital role in the growth and development of individuals. In addition to this, the growing hectic lifestyles of the working population, along with the increasing health-consciousness among consumers, are certain other factors that will boost the growth of the India milk-based beverages market size over the forecast period. Moreover, the production of milk has grown from 112.2 million tonnes in 2008-2009 to 176.3 million tonnes in 2017-2018 as per the national dairy development board.

About GMI Research GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us pioneer in emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.