Growing Milk Demand to Outpace Production in India

In coming years, the demand for milk in India will be more than the country's milk production, which is projected to go up at a CAGR of around 4% during 2011-2015, says RNCOS' latest research report.

Noida, India (prHWY.com) February 21, 2012 - In India, the dairy industry has been growing rapidly to keep pace with the increasing demand for milk & milk products in the country. According to a new research report by RNCOS, the consumption of dairy products is rising exponentially in India as they provide rich nourishment. The secondary market for dairy products, including tea, coffee, infant nutrition, and bakery products, has also been flourishing. At present, India is the world's largest producer as well as consumer of milk, and it is expected that the incessantly increasing demand for milk will surpass its production in the coming years.

The "Indian Dairy Industry Analysis", says that the dairy sector plays an important role in India's socio-economic development as milk & milk products provide livelihood to millions of homes in villages, ensuring supply of quality dairy products in urban as well as rural areas. The Indian dairy industry has been witnessing an impressive growth for the past few years on back of rising milk production. It is estimated that the milk production will increase in the country at a CAGR of around 4% during 2011-2015.

The 90-page report provides an extensive information and rational analysis of the Indian dairy industry, and emerging trends & drivers fueling its growth. The research facilitates knowledge regarding the industry's current market scenario, and its impact on future growth. Analyzing the past and current trends, the study presents a clear picture of the direction, in which the industry is likely to proceed in the coming years. The report studies the market structure, and provides an insight into the competitive landscape and recent industry developments. Overall, the comprehensive research report includes vital information about the Indian dairy industry that will help clients align their business strategies as per the changing market dynamics.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM368.htm

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About RNCOS

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals analyze the industry and its various components, with a comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the intending consultants in meeting their objectives in a cost-effective and timely manner.

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Tag Words: india dairy market

Categories: Food And Beverage

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