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 Milk-Based 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.

Market Segmentation:

The main aim of the study is to define market sizes of the different market segments & country during the forecast period and to analyze the values in the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the. The detailed segments and sub-segments of the market are explained below:

Breakup by Product Type:

Flavoured Milk Beverages
o Chocolate

o Strawberry

o Vanilla

o Mango

o Others

Fermented Milk Beverages
o Lassi

o Chach

o Others

Breakup by Packaging:

Paper-Based
Plastic-Based
Glass-Based
Metal-Based
Breakup by Fat Content:

Low-fat
Whole Milk
Breakup by Distribution Channel:

Online Stores
Supermarkets
Convenience Stores
Others
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