Dairy Industry in West Bengal Overview, Trends, Opportunities, Growth and Forecast
According to the latest report by IMARC Group, titled “West Bengal Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” According to the report, the dairy industry in west bengal is expected to grow at a CAGR of 14.7% during the forecast period (2021-2026).The report provides a detailed analysis of the market by Product type Also, the report analyzes the market’s competitive landscape.
Milk is an important source of many macro- and micronutrients, including calcium, vitamins A and D, potassium, magnesium, carbohydrates, proteins, and so on. These nutrients help to build bones, improve metabolism, lessen the risk of cardiovascular disease, promote immunity, and so on. Furthermore, raw milk is processed by the dairy industry into a variety of dairy products such as cheese, butter, ghee, cream, yoghurt, and so on.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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West Bengal Dairy Market Trends:
Rising health consciousness and inflating disposable income levels of consumers are primarily augmenting the West Bengaldairy market. Furthermore, the introduction of various government schemes and initiatives for the development of the dairy sector is also catalyzing the market growth. Apart from this, the evolution of the dairy industry from an unorganized to a relatively organized sector is acting as another growth-inducing factor. Additionally, the increasing private participation in the market, focused on producing different value-added products, such as cheese, probiotic drinks, yogurt, etc., is further bolstering the market growth. In line with this, several key market players are upgrading their milk procurement networks to expand the consumer base and increase the quantity of milk production. Besides this, various technological advancements to extend the shelf life of liquid milk will further continue to spur the West Bengal dairy market growth over the forecasted period.
West Bengal Dairy Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
GCMMF (Amul), Mother Dairy (WBCMPF), Metro Dairy Ltd., Red crow Dairy, etc.
The report has segmented the market on the basis of product segments:
Liquid milk
Ghee
Curd
Paneer
Ice-cream
Table butter
Skimmed milk powder
Frozen/flavoured yoghurt
Fresh cream
Lassi
Butter milk
Cheese
Flavoured milk
UHT milk
Dairy whitener
Sweet condensed milk
Infant food
Malt based beverages
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Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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