PUBLISHER: IMARC | PRODUCT CODE: 1754351
PUBLISHER: IMARC | PRODUCT CODE: 1754351
Buttermilk Market in India Size, Share, Trends and Forecast by Sector and State, 2025-2033
The buttermilk market in India size was valued at INR 193.33 Billion in 2024. Looking forward, IMARC Group estimates the market to reach INR 933.53 Billion by 2033, exhibiting a CAGR of 18.16% from 2025-2033. The market is substantially growing due to rising health awareness, increasing demand for probiotic beverages, and the growing preference for convenient, ready-to-drink products. Key drivers include health-conscious urban consumers, product innovations, and broader retail and e-commerce distribution, positioning buttermilk as a popular, nutritious beverage choice.
A crucial driver of the buttermilk industry across India is the rapidly heightening customer emphasis on health and wellness. As awareness regarding the advantages of gut health as well as probiotics intensifies, buttermilk, prominently acknowledged for its digestive attributes, has attained substantial momentum. For instance, as per industry reports, around 10% of the population in India are affected with digestive conditions, like acid reflux, irritable bowel syndrome, or GERD. As a result, with customers actively navigating nutritious substitutes for sugary beverages, buttermilk has emerged as a functional drink providing both digestive aid and hydration. In addition to this, its low-calorie profile and cost-effectiveness further foster its appeal amongst budget-conscious and health-aware individuals, thereby expanding the buttermilk market in India share.
Another key driver is the bolstering requirement for ready-to-drink, convenient beverages. For instance, as per industry reports, ready-to-drink beverage industry across India is exhibited year-on-year elevation of 52% during 2024, reaching around USD 121 Million. Moreover, fueling urbanization and transforming lifestyles have led to the increased acceptance of convenience-based packaged products in India. Buttermilk brands are responding in kind by catering to busy urban lives with a wide range of convenient, grab-and-go, packaged formats. Furthermore, with growing disposable income, especially in major metropolitan areas, there is increased spending on premium, health-oriented products, fueling demand for ready-to-consume buttermilk and boosting the market growth prospects.
Buttermilk Market in India Trends:
Increasing Health and Wellness Focus
A significant trend in the Indian buttermilk market is the growing consumer preference for health-conscious beverages. For instance, as per industry reports, health beverage sector in India has a valuation of USD 10 Billion during 2024 and will further expand to USD 30 Billion by the year 2026, highlighting heightening inclination towards health and wellness trend. Moreover, as awareness of gut health and probiotics increases, buttermilk, recognized for its digestive benefits, has gained popularity. Brands are capitalizing on this by offering probiotic-infused variants, fortified with additional nutrients like calcium and vitamin D. In addition to this, with rising concerns over lifestyle diseases and the shift toward natural, functional beverages, buttermilk is positioned as a nutritious alternative to sugary drinks, driving its demand among urban and health-conscious consumers.
Product Innovation and Flavored Variants
Product diversification is gaining momentum in the Indian buttermilk segment, with flavored buttermilk being its most salient category. Traditionally the drink of choice was buttermilk in its simplest form, but now we see it offered in mint, cumin, and masala flavors. This gives consumers an exciting new taste while keeping the traditional health benefits intact. Another trend is the introduction of premium variants of buttermilk offering organic, low-fat, or high-protein products, which opens new market segments and attracts broader consumer interests toward unique, high-quality drinks. For instance, as per industry reports, in August 2024, Amul launched its new product range with high-protein to cater to the evolving dietary demands. This portfolio also encompasses high-protein buttermilk with 15 grams of protein incorporated in a pack of 200ml.
E-commerce and Retail Expansion
Buttermilk market in India graph illustrates a stable increase in consumer demand due to the rapid growth of e-commerce and retail channels. For instance, as per industry reports, online shopping in India accounts for around 7% of the nation's overall retail industry. In line with this, e-commerce segment in India is anticipated to reach USD 325 Billion by the year 2030. Moreover, online grocery platforms and supermarkets are increasingly stocking ready-to-drink buttermilk to address the customer need for convenience and accessibility. With the rapid adoption of digital shopping, brands are leveraging direct-to-consumer models, ensuring wider reach and better consumer engagement. Additionally, the rise of convenience stores and cold storage networks is enhancing the availability of buttermilk in both urban and semi-urban regions, supporting the sector's growth and expanding consumer access across the country.
Buttermilk Market in India Industry Segmentation:
Analysis by Sector:
- Retail
- Institutional
The retail sector holds a dominant share of the buttermilk market in India, driven by rising consumer demand for convenient, ready-to-consume beverages. With the increasing trend of health-consciousness, many consumers prefer packaged buttermilk due to its perceived nutritional benefits, such as probiotics and hydration. Major dairy brands dominate this space through widespread availability in supermarkets, hypermarkets, and online platforms. The retail segment has further expanded with the introduction of various flavor options and packaging sizes, catering to diverse consumer preferences. This sector's growth is also supported by the rising disposable income of urban populations, which fosters greater spending on premium dairy products.
State Analysis:
- Karnataka
- Maharashtra
- Tamil Nadu
- Delhi
- Gujarat
- Andhra Pradesh and Telangana
- Uttar Pradesh
- West Bengal
- Kerala
- Haryana
- Punjab
- Rajasthan
- Madhya Pradesh
- Bihar
- Orissa
Tamil Nadu represents a crucial region for the buttermilk market, driven by the state's deep-rooted dairy culture and preference for refreshing beverages. For instance, IMARC Group states that dairy industry across Tamil Nadu grew to INR 1,380.7 Billion during the year 2024. Buttermilk is widely consumed, especially during the hot summer months. Both local and national brands cater to this demand with various product offerings, including spiced and flavored variants. The market is expanding with increasing customer awareness about health profits, and the rise of organized retail channels is facilitating better distribution of buttermilk products across urban and rural areas.
Competitive Landscape:
The competitive landscape is exhibited by a mix of traditional local producers and large-scale dairy companies. Key players offer ready-to-drink buttermilk products in various packaging formats. Local brands also play a significant role, catering to regional preferences with authentic flavors. Furthermore, the market is witnessing increased product innovation, with variations such as flavored buttermilk and probiotic-enriched options. In addition to this, competitive strategies focus on distribution expansion, product differentiation, and leveraging consumer demand for health-conscious beverages, contributing to the market's growth and fragmentation. For instance, in June 2024, Gujarat Cooperative Milk Marketing Federation, Amul's marketing body, announced plans to strengthen its global footprint by expanding its product portfolio across the United States market. The company will soon launch its variety of products, including buttermilk.
The report provides a comprehensive analysis of the competitive landscape in the buttermilk market in India with detailed profiles of all major companies, including:
- GCMMF
- KMF
- Mother Dairy
- RCDF
- Hatsun
Key Questions Answered in This Report
- 1.How big is the buttermilk market in India?
- 2.What factors are driving the growth of the buttermilk market in India?
- 3.What is the forecast for the buttermilk market in India?
- 4.Which state accounts for the largest buttermilk market in India share?
- 5.Who are the major players in the buttermilk market in India?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Indian Dairy Industry
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Market by Organised and Unorganised Segment
- 5.4 Milk Production and Consumption Trends
- 5.4.1 Current and Historical Trends
- 5.4.2 Production and Consumption Forecast
- 5.5 Milk Production by State
- 5.6 Milk Production by Cattle
- 5.7 Milk Utilization Patterns in India
- 5.8 Market Forecast
6 Indian Buttermilk Industry
- 6.1 Market Overview
- 6.2 Market Performance
- 6.2.1 Volume Trends
- 6.2.2 Value Trends
- 6.3 Impact of COVID-19
- 6.4 Price Trends
- 6.4.1 Milk Procurement Price Trends
- 6.4.2 Buttermilk Price Trends
- 6.5 Market Breakup by Region
- 6.6 Market Breakup by Sector
- 6.7 Market Forecast
- 6.8 SWOT Analysis
- 6.8.1 Overview
- 6.8.2 Strengths
- 6.8.3 Weaknesses
- 6.8.4 Opportunities
- 6.8.5 Threats
- 6.9 Value Chain Analysis
- 6.9.1 Raw Material Suppliers
- 6.9.2 Manufacturers
- 6.9.3 Marketing and Distributors
- 6.9.4 Exporters
- 6.9.5 Retailers
- 6.9.6 End-Consumers
- 6.10 Porter's Five Forces Analysis
- 6.10.1 Overview
- 6.10.2 Bargaining Power of Buyers
- 6.10.3 Bargaining Power of Suppliers
- 6.10.4 Degree of Competition
- 6.10.5 Threat of New Entrants
- 6.10.6 Threat of Substitutes
- 6.11 Key Success Factors and Risk Factors
7 Performance of Key Regions
- 7.1 Karnataka
- 7.1.1 Market Performance
- 7.1.1.1 Volume Trends
- 7.1.1.2 Value Trends
- 7.1.2 Competitive Landscape
- 7.1.3 Market Forecast
- 7.1.3.1 Volume Trends
- 7.1.3.2 Value Trends
- 7.1.1 Market Performance
- 7.2 Maharashtra
- 7.2.1 Market Performance
- 7.2.1.1 Volume Trends
- 7.2.1.2 Value Trends
- 7.2.2 Competitive Landscape
- 7.2.3 Market Forecast
- 7.2.3.1 Volume Trends
- 7.2.3.2 Value Trends
- 7.2.1 Market Performance
- 7.3 Tamil Nadu
- 7.3.1 Market Performance
- 7.3.1.1 Volume Trends
- 7.3.1.2 Value Trends
- 7.3.2 Competitive Landscape
- 7.3.3 Market Forecast
- 7.3.3.1 Volume Trends
- 7.3.3.2 Value Trends
- 7.3.1 Market Performance
- 7.4 Delhi
- 7.4.1 Market Performance
- 7.4.1.1 Volume Trends
- 7.4.1.2 Value Trends
- 7.4.2 Competitive Landscape
- 7.4.3 Market Forecast
- 7.4.3.1 Volume Trends
- 7.4.3.2 Value Trends
- 7.4.1 Market Performance
- 7.5 Gujarat
- 7.5.1 Market Performance
- 7.5.1.1 Volume Trends
- 7.5.1.2 Value Trends
- 7.5.2 Competitive Landscape
- 7.5.3 Market Forecast
- 7.5.3.1 Volume Trends
- 7.5.3.2 Value Trends
- 7.5.1 Market Performance
- 7.6 Andhra Pradesh and Telangana
- 7.6.1 Market Performance
- 7.6.1.1 Volume Trends
- 7.6.1.2 Value Trends
- 7.6.2 Competitive Landscape
- 7.6.3 Market Forecast
- 7.6.3.1 Volume Trends
- 7.6.3.2 Value Trends
- 7.6.1 Market Performance
- 7.7 Uttar Pradesh
- 7.7.1 Market Performance
- 7.7.1.1 Volume Trends
- 7.7.1.2 Value Trends
- 7.7.2 Competitive Landscape
- 7.7.3 Market Forecast
- 7.7.3.1 Volume Trends
- 7.7.3.2 Value Trends
- 7.7.1 Market Performance
- 7.8 West Bengal
- 7.8.1 Market Performance
- 7.8.1.1 Volume Trends
- 7.8.1.2 Value Trends
- 7.8.2 Competitive Landscape
- 7.8.3 Market Forecast
- 7.8.3.1 Volume Trends
- 7.8.3.2 Value Trends
- 7.8.1 Market Performance
- 7.9 Kerala
- 7.9.1 Market Performance
- 7.9.1.1 Volume Trends
- 7.9.1.2 Value Trends
- 7.9.2 Competitive Landscape
- 7.9.3 Market Forecast
- 7.9.3.1 Volume Trends
- 7.9.3.2 Value Trends
- 7.9.1 Market Performance
- 7.10 Haryana
- 7.10.1 Market Performance
- 7.10.1.1 Volume Trends
- 7.10.1.2 Value Trends
- 7.10.2 Competitive Landscape
- 7.10.3 Market Forecast
- 7.10.3.1 Volume Trends
- 7.10.3.2 Value Trends
- 7.10.1 Market Performance
- 7.11 Punjab
- 7.11.1 Market Performance
- 7.11.1.1 Volume Trends
- 7.11.1.2 Value Trends
- 7.11.2 Competitive Landscape
- 7.11.3 Market Forecast
- 7.11.3.1 Volume Trends
- 7.11.3.2 Value Trends
- 7.11.1 Market Performance
- 7.12 Rajasthan
- 7.12.1 Market Performance
- 7.12.1.1 Volume Trends
- 7.12.1.2 Value Trends
- 7.12.2 Competitive Landscape
- 7.12.3 Market Forecast
- 7.12.3.1 Volume Trends
- 7.12.3.2 Value Trends
- 7.12.1 Market Performance
- 7.13 Madhya Pradesh
- 7.13.1 Market Performance
- 7.13.1.1 Volume Trends
- 7.13.1.2 Value Trends
- 7.13.2 Competitive Landscape
- 7.13.3 Market Forecast
- 7.13.3.1 Volume Trends
- 7.13.3.2 Value Trends
- 7.13.1 Market Performance
- 7.14 Bihar
- 7.14.1 Market Performance
- 7.14.1.1 Volume Trends
- 7.14.1.2 Value Trends
- 7.14.2 Competitive Landscape
- 7.14.3 Market Forecast
- 7.14.3.1 Volume Trends
- 7.14.3.2 Value Trends
- 7.14.1 Market Performance
- 7.15 Orissa
- 7.15.1 Market Performance
- 7.15.1.1 Volume Trends
- 7.15.1.2 Value Trends
- 7.15.2 Competitive Landscape
- 7.15.3 Market Forecast
- 7.15.3.1 Volume Trends
- 7.15.3.2 Value Trends
- 7.15.1 Market Performance
8 Market Breakup by Sector
- 8.1 Retail
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Institutional
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Competitive Landscape
- 9.1 Competitive Structure
- 9.2 Market Share of Key Players
10 Buttermilk Manufacturing Process
- 10.1 Product Overview
- 10.2 Detailed Process Flow
- 10.3 Various Types of Unit Operations Involved
- 10.4 Mass Balance and Raw Material Requirements
11 Project Details, Requirements and Costs Involved
- 11.1 Land Requirements and Expenditures
- 11.2 Construction Requirements and Expenditures
- 11.3 Plant Machinery
- 11.4 Machinery Pictures
- 11.5 Raw Material Requirements and Expenditures
- 11.6 Raw Material and Final Product Pictures
- 11.7 Packaging Requirements and Expenditures
- 11.8 Transportation Requirements and Expenditures
- 11.9 Utility Requirements and Expenditures
- 11.10 Manpower Requirements and Expenditures
- 11.11 Other Capital Investments
12 Loans and Financial Assistance
13 Project Economics
- 13.1 Capital Cost of the Project
- 13.2 Techno-Economic Parameters
- 13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
- 13.4 Taxation and Depreciation
- 13.5 Income Projections
- 13.6 Expenditure Projections
- 13.7 Financial Analysis
- 13.8 Profit Analysis
14 Key Player Profiles
- 14.1 GCMMF
- 14.2 KMF
- 14.3 Mother Dairy
- 14.4 RCDF
- 14.5 Hatsun
List of Figures
- Figure 1: India: Buttermilk Market: Major Drivers and Challenges
- Figure 2: India: Dairy Market (in Billion INR), 2019-2024
- Figure 3: India: Dairy Market: Breakup by Segment (in %), 2024
- Figure 4: India: Total Milk Production (in Million Metric Tons), 2019-20 - 2024-25
- Figure 5: India: Total Milk Consumption (in Million Metric Tons), 2019-20 - 2024-25
- Figure 6: India: Total Milk Production Forecast (in Million Metric Tons), 2025-26 - 2033-34
- Figure 7: India: Total Milk Consumption Forecast (in Million Metric Tons), 2025-26 - 2033-34
- Figure 8: India: Milk Utilisation Patterns
- Figure 9: India: Dairy Market Forecast (in Billion INR), 2025-2033
- Figure 10: Buttermilk Market: Price Structure
- Figure 11: India: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 12: India: Buttermilk Market: Value Trends (in Billion INR), 2019-2024
- Figure 13: India: Milk Market: Procurement Price Trends (in INR/Litre), 2019-2024
- Figure 14: India: Buttermilk Market: Retail Price Trends (in INR/Litre), 2019-2024
- Figure 15: India: Buttermilk Market: Breakup by Region (in %), 2024
- Figure 16: India: Buttermilk Market: Breakup by Sector (in %), 2024
- Figure 17: India: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 18: India: Buttermilk Market Forecast: Value Trends (in Billion INR), 2025-2033
- Figure 19: India: Buttermilk Industry: SWOT Analysis
- Figure 20: India: Buttermilk Industry: Value Chain Analysis
- Figure 21: India: Buttermilk Industry: Porter's Five Forces Analysis
- Figure 22: Karnataka: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 23: Karnataka: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 24: Karnataka: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 25: Karnataka: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 26: Karnataka: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 27: Maharashtra: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 28: Maharashtra: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 29: Maharashtra: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 30: Maharashtra: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 31: Maharashtra: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 32: Tamil Nadu: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 33: Tamil Nadu: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 34: Tamil Nadu: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 35: Tamil Nadu: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 36: Tamil Nadu: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 37: Delhi: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 38: Delhi: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 39: Delhi: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 40: Delhi: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 41: Delhi: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 42: Gujarat: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 43: Gujarat: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 44: Gujarat: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 45: Gujarat: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 46: Gujarat: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 47: Andhra Pradesh and Telangana: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 48: Andhra Pradesh and Telangana: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 49: Andhra Pradesh and Telangana: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 50: Andhra Pradesh and Telangana: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 51: Andhra Pradesh and Telangana: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 52: Uttar Pradesh: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 53: Uttar Pradesh: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 54: Uttar Pradesh: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 55: Uttar Pradesh: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 56: Uttar Pradesh: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 57: West Bengal: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 58: West Bengal: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 59: West Bengal: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 60: West Bengal: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 61: West Bengal: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 62: Kerala: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 63: Kerala: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 64: Kerala: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 65: Kerala: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 66: Kerala: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 67: Haryana: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 68: Haryana: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 69: Haryana: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 70: Haryana: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 71: Haryana: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 72: Punjab: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 73: Punjab: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 74: Punjab: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 75: Punjab: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 76: Punjab: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 77: Rajasthan: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 78: Rajasthan: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 79: Rajasthan: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 80: Rajasthan: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 81: Rajasthan: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 82: Madhya Pradesh: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 83: Madhya Pradesh: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 84: Madhya Pradesh: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 85: Madhya Pradesh: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 86: Madhya Pradesh: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 87: Bihar: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 88: Bihar: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 89: Bihar: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 90: Bihar: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 91: Bihar: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 92: Orissa: Buttermilk Market: Volume Trends (in Million Litres), 2019-2024
- Figure 93: Orissa: Buttermilk Market: Value Trends (in Million INR), 2019-2024
- Figure 94: Orissa: Buttermilk Market: Breakup of Key Players (in %), 2024
- Figure 95: Orissa: Buttermilk Market Forecast: Volume Trends (in Million Litres), 2025-2033
- Figure 96: Orissa: Buttermilk Market Forecast: Value Trends (in Million INR), 2025-2033
- Figure 97: India: Buttermilk Market: Retail Sector (in Million Litres), 2019 & 2024
- Figure 98: India: Buttermilk Market Forecast: Retail Sector (in Million Litres), 2025-2033
- Figure 99: India: Buttermilk Market: Institutional Sector (in Million Litres), 2019 & 2024
- Figure 100: India: Buttermilk Market Forecast: Institutional Sector (in Million Litres), 2025-2033
- Figure 101: India: Buttermilk Market: Breakup by Key Players (in %), 2024
- Figure 102: Buttermilk Manufacturing: Detailed Process Flow
- Figure 103: Buttermilk Manufacturing: Conversion Rate of Feedstocks
- Figure 104: Buttermilk Manufacturing Plant: Breakup of Capital Costs (in %)
- Figure 105: Buttermilk Industry: Profit Margins at Various Levels of the Supply Chain
- Figure 106: Buttermilk Production: Manufacturing Cost Breakup (in %)
List of Tables
- Table 1: India: Dairy Market: Key Industry Highlights, 2024 and 2033
- Table 2: India: Dairy Market: Milk Production Breakup by State, 2019-20 - 2024-25
- Table 3: India: Dairy Market: Milk Production Breakup by Cattle, 2019-20 - 2024-25
- Table 4: India: Buttermilk Market Forecast: Breakup by Region, 2025-2033
- Table 5: India: Buttermilk Market Forecast: Breakup by Sector, 2025-2033
- Table 6: India: Buttermilk Market: Competitive Structure
- Table 7: India: Buttermilk Market: Key Players
- Table 8: Buttermilk Manufacturing Plant: Costs Related to Land and Site Development (in INR)
- Table 9: Buttermilk Manufacturing Plant: Costs Related to Civil Works (in INR)
- Table 10: Buttermilk Manufacturing Plant: Costs Related to Machinery (in INR)
- Table 11: Buttermilk Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (INR/Ton)
- Table 12: Buttermilk Manufacturing Plant: Costs Related to Salaries and Wages (in INR)
- Table 13: Buttermilk Manufacturing Plant: Costs Related to Other Capital Investments (in INR)
- Table 14: Details of Financial Assistance Offered by Financial Institutions
- Table 15: Buttermilk Manufacturing Plant: Capital Costs (in INR)
- Table 16: Buttermilk Manufacturing Plant: Techno-Economic Parameters
- Table 17: Buttermilk Manufacturing Plant: Taxation and Depreciation (in INR)
- Table 18: Buttermilk Manufacturing Plant: Income Projections (in INR)
- Table 19: Buttermilk Manufacturing Plant: Expenditure Projections (in INR)
- Table 20: Buttermilk Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in INR)
- Table 21: Buttermilk Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in INR)
- Table 22: Buttermilk Manufacturing Plant: Profit and Loss Account (in INR)
