Market Research Report
India Yogurt Market By Type, By Fat Content, By Form, By Packaging, By Distribution Channel (Offline, Online), By Region, Forecast & Opportunities, 2025
|Published by||TechSci Research||Product code||941963|
|Published||Content info||78 Pages
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|India Yogurt Market By Type, By Fat Content, By Form, By Packaging, By Distribution Channel (Offline, Online), By Region, Forecast & Opportunities, 2025|
|Published: June 1, 2020||Content info: 78 Pages||
India Yogurt Market By Type (Flavored and Non-Flavored), By Fat Content (Regular, Low Fat and Fat Free), By Form (Conventional Yogurt, Greek Yogurt, Set Yogurt, Frozen Yogurt, Yogurt Drinks and Others), By Packaging (Plastic Bottles, Tetra Packs and Others), By Distribution Channel (Offline (Supermarket/Hypermarket, Convenience Stores, Independent Small Grocers), Online), By Region, Forecast & Opportunities, 2025.
India yogurt market is anticipated to grow at a significant rate during the forecast period owing to the easy availability of raw materials like milk and starter culture due to flourishing dairy industry in the country. Growing awareness about health benefits associated with the consumption of yogurt has led to increasing popularity of yogurts such as frozen yogurt among kids as well as youngsters which will ensure robust growth of the market during the forecast period. Moreover, the growing preference for flavored yogurts as desserts over sugary sweets or ice-creams is expected to drive the growth of the India yogurt market in the next five years. Introduction of newer products in the market by manufacturers and presence of national as well as international players that are focusing on innovation is anticipated to further propel the growth of India yogurt market by 2025.
Dahi' or 'Curd' has been consumed in India since ages, whereas Yogurt is a relatively newer term in the Indian Market. Yogurt is considered beneficial for gut as well as digestive health due to the presence of pre-biotic bacteria and thus possess plethora of health benefits.
India yogurt market is segmented based on type, fat content, form, packaging, distribution channel and region. Based on form, the market is segmented into conventional yogurt, Greek yogurt, set yogurt, frozen yogurt, yogurt drinks and others. The conventional yogurt segment held the largest market share in 2019 and the segment is expected to further lead the market during the forecast period owing to its increasing availability and application. However, Greek yogurt segment is also gaining rapid popularity owing to its several health benefits and hence is expected to undergo high growth in the coming years.
Based on distribution channel, India yogurt market is segmented into offline and online channels. The offline segment is further categorized into supermarket/hypermarket, convenience stores, independent small grocers. Among them, the independent small grocers accounted for high revenue in 2019. However, the supermarkets/hypermarkets segment is anticipated to hold the largest market share due to easy availability, huge variety and discounted price on yogurt.
Major players operating in the India yogurt market are Nestle S.A, Danone SA, Amul, Mother Dairy Fruit & Vegetable Pvt Ltd, Ananda Dairy, Paras Dairy, Britannia Industries Ltd, Parag Milk Foods, Epigamia, Milky Mist Dairy Food Private Limited, among others. Manufacturers are focusing on launching new flavored yogurt and yogurt products to increase their market share. Apart from dairy, they are also introducing dairy free yogurts in the market.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of yogurt manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturing companies which could not be identified due to the limitations of secondary research. TechSci Research analyzed the companies, distribution channels and presence of all major players across India.
TechSci Research calculated the market size of India yogurt market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as companies, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, India Yogurt market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in India yogurt market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: