India Yogurt Market Outlook, 2027-28

India Yogurt market is expected to grow with a CAGR of more than 12% in the forecasted period. This report consist industry trends and major growing factors.

Featured Companies

  • 1. Drums Food International Private Limited
  • 2. Gujarat Co-operative Milk Marketing Federation Limited
  • 3. Hatsun Agro Product Limited
  • 4. Simplilearn Solutions Private Limited
  • 5. Karnataka Cooperative Milk Producers Federation Limited
  • 6. Mother Diary Fruit & Vegetable Private Limited
  • More...

“India Yogurt Market Outlook, 2027-28” gives a comprehensive analysis on the Yogurt industry of India. Since last few years, India is experiencing a major growth in the Yogurt sales. Increasing awareness about health benefit of yogurt, changing taste and preferences of consumers, availability of raw material have helped Yogurt market to grow considerably. In addition to this, innovations in products, cold chain facility are also driving the Yogurt industry.

India Yogurt market is expected to grow with a CAGR of more than 12% in the forecasted period of FY 2022-23 to FY 2027-28, on account of rising health awareness, change in lifestyle, urbanization, and entry of International as well domestic players. Overall Yogurt market is segmented into Organised and Unorganised market. Organised yogurt market is further segmented into Retail yogurt market and Yogurt Service chain market. Retail yogurt market is made up of Spoonful yogurt and Drinkable yogurt. Again, Spoonful Yogurt is divided in three categories as per its form viz. Plain/Natural, Frozen and other. On the other side, Drinkable Yogurt has three product type viz. Buttermilk, Lassi and others. Yogurt service chain also offers Spoonful Yogurt (Flavoured & Fruited Frozen yogurt) and Drinkable Yogurt (Smoothie). Major players operating in the Yogurt market of India are: National level players like Amul, Mother Dairy, Nestlé, and Britannia; Regional players as Karnataka Cooperative Milk Producers Federation, Parag Milk & Milk Products, Himalaya International, Tirumala Milk Products, The Nilgiri Dairy Farm, and VRS Foods; International entrants in the markets e.g. Danone, Fonterra, etc. There are service chains also for e.g. Team24 Foods & Beverages Private Limited (Flavours24), Maez One Retail and Food Private Limited (Red Mango), Brand Calculus Franchising (India) Private Limited (Kiwi kiss), Polo Foods QSR Private Limited, MOI Retail Private Limited, Fonterra India Private Limited, PepsiCo India Holdings Pvt. Ltd., Modern Cream Dairy Industries Pvt. Ltd.
With the advent of functional products, and the emphasis on low calorie, low sugar, digestive products, the yogurt industry is undergoing a paradigm shift. Instead of the traditional milk, cheese, and butter concepts, more functional products such as yogurt and its other form are now being accepted as the medium of delivery for beneficial functional ingredients. The Indian palate is well-accustomed to the taste of not only plain yogurt but also such form and taste variants as Lassi, Chaas, Srikhand, Mishti Doi, Raita, etc. With the broad consumer acceptance of packaged yogurt and frozen yogurt products which satisfy their lifestyle and convenience needs, the market is expected to grow, encouraging more regional, national, and international players to enter the market.

Covered in the report:
• Organised Yogurt
• Unorganised Yogurt
• Packaged/Retail Yogurt
• Packaged/Retail Spoonful Yogurt
• Packaged/Retail Drinkable Yogurt
• Yogurt Service Spoonful Yogurt e Chain

"India Yogurt Market Outlook, 2027-28" discusses the following aspects of Yogurts in India:

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The report gives an in-depth understanding of the Yogurt market in India:
• India Yogurt Market Outlook
• India Yogurt Market Size By Value & Forecast
• India Organized Yogurt Market Size By Value & Forecast
• India Spoonful Yogurt Market Size By Value & Forecast
• India Drinkable Yogurt Market Size By Value & Forecast
• India Unorganized Yogurt Market Size By Value & Forecast
• India Organized Yogurt Market Segmental Analysis: By Category, By Packaged/ Retail Vs. Service Chain
• India Packaged/ Retail Yogurt Market Size By Value & Forecast
• India Packaged/ Retail Yogurt Market Segmental Analysis: By Company, By Region, By Category
• India Packaged/ Retail Spoonful Yogurt Market Size By Value & Forecast
• India Plain/Natural Yogurt Market Size By Value & Forecast
• India Frozen Yogurt Market Size By Value & Forecast
• India Packaged/ Retail Spoonful Yogurt Market Segmental Analysis: By Company, By Product Type
• Packaging Analysis of Spoonful Yogurt
• Product Price & Variant Analysis of Spoonful Yogurt
• India Packaged/ Retail Drinkable Yogurt Market Size By Value & Forecast
• India Buttermilk Yogurt Market Size By Value & Forecast
• India Lassi Yogurt Market Size By Value & Forecast
• India Packaged/ Retail Drinkable Yogurt Market Segmental Analysis: By Company, By Product Type
• Packaging Analysis of Drinkable Yogurt
• Product Price & Variant Analysis of Drinkable Yogurt
• India Yogurt Service Chain Market Size By Value & Forecast
• India Spoonful Yogurt Market Size By Value & Forecast
• India Drinkable Yogurt Market Size By Value & Forecast
• India Yogurt Service Chain Market Segmental Analysis: By Company, By Category
• Product Price & Variant Analysis of yogurt service chain
• Key Vendors in this market space

This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Report Methodology
The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Yogurts in India. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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Arun Kalwani

Arun Kalwani

Research Analyst

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Arun Kalwani

Companies Mentioned

  • Drums Food International Private Limited
  • Gujarat Co-operative Milk Marketing Federation Limited
  • Hatsun Agro Product Limited
  • Simplilearn Solutions Private Limited
  • Karnataka Cooperative Milk Producers Federation Limited
  • Mother Diary Fruit & Vegetable Private Limited
  • Parag Milk Foods Limited
  • Prabhat Dairy Limited
  • Tirumala Milk Products Private Limited

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Market Structure
  • 2.1. Market Considerate
  • 2.2. Assumptions
  • 2.3. Limitations
  • 2.4. Abbreviations
  • 2.5. Sources
  • 2.6. Definitions
  • 2.7. India Macro Economic Indicators
  • 2.8. Demographics Insight
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Investment in Indian Dairy Industry
  • 5. India Yogurt Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share
  • 5.2.1. By Company
  • 5.2.2. By Organized Vs. Unorganized
  • 5.3. India Organized Yogurt Market Outlook
  • 5.3.1. Market Size By Value
  • 5.3.1.1. Spoonful Yogurt Market
  • 5.3.1.2. Drinkable Yogurt Market
  • 5.3.2. Market Share
  • 5.3.2.1. By Category (Spoonful Vs. Drinkable)
  • 5.3.2.2. By Packaged/Retail Vs. Service Chain
  • 5.4. India Unorganized Yogurt Market Outlook
  • 6. India Packaged/Retail Yogurt Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share
  • 6.2.1. By Region
  • 6.2.2. By Category
  • 6.3. India Packaged/Retail Spoonful Yogurt Market Outlook
  • 6.3.1. Market Size By Value
  • 6.3.1.1. Plain/Natural Spoonful Yogurt Market
  • 6.3.1.2. Frozen Spoonful Yogurt Market
  • 6.3.1.3. Other (Greek, Probiotic, Shrikhand, Mishti doi) Spoonful Yogurt Market
  • 6.3.2. Market Share By Product Type
  • 6.3.3. Packaging Analysis
  • 6.3.4. Product, Price & Variant Analysis
  • 6.4. India Packaged/Retail Drinkable Yogurt Market Outlook
  • 6.4.1. Market Size By Value
  • 6.4.1.1. Buttermilk (Chhach) Market
  • 6.4.1.2. Lassi Market
  • 6.4.1.3. Other Drinkable Yogurt Market
  • 6.4.2. Market Share By Product Type
  • 6.4.3. Packaging Analysis
  • 6.4.4. Product, Price & Variant Analysis
  • 6.5. India Yogurt Service Chain Market Outlook
  • 6.5.1. Market Size By Value
  • 6.5.1.1. Frozen Yogurt (Flavoured, Fruited) Market
  • 6.5.1.2. Drinkable (Yogurt Based Smoothies) Market
  • 6.5.2. Market Share By Product Type
  • 6.6. Product, Price & Variant Analysis
  • 7. PEST Analysis
  • 8. Trade Dynamics
  • 8.1. Import
  • 8.2. Export
  • 9. Market Dynamics
  • 9.1. Drivers
  • 9.2. Challenges
  • 9.3. Channel Partner Analysis
  • 9.4. Policy & Regulatory Framework
  • 10. Market Trends & Developments
  • 10.1. Yogurt Becoming an Everyday Habit
  • 10.2. Launch of New Products and various Varieties
  • 10.3. Frozen Yogurt and Drinking Yogurts are in Trends
  • 10.4. Introduction of Healthier-Greek Probiotic Yogurt
  • 10.5. Players are shifting from Milk to Value added products
  • 11. Competitive Landscape
  • 11.1. Porter's Five Forces
  • 11.2. Company Profile
  • 11.2.1. Gujarat Co-operative Milk Marketing Federation Limited
  • 11.2.1.1. Company Snapshot
  • 11.2.1.2. Company Overview
  • 11.2.1.3. Financial Highlights
  • 11.2.1.4. Geographic Insights
  • 11.2.1.5. Business Segment & Performance
  • 11.2.1.6. Product Portfolio
  • 11.2.1.7. Key Executives
  • 11.2.1.8. Strategic Moves & Developments
  • 11.2.2. Mother Dairy Fruit & Vegetable Private Limited
  • 11.2.3. Parag Milk Foods Limited
  • 11.2.4. Prabhat Dairy Limited
  • 11.2.5. Drums Food International Private Limited
  • 11.2.6. Hatsun Agro Product Limited
  • 11.2.7. Heritage Foods Limited
  • 11.2.8. Karnataka Cooperative Milk Producers Federation
  • 11.2.9. Tirumala Milk Products Private Limited
  • 11.2.10. VRS Foods Limited
  • 11.2.11. Nestle India Limited
  • 11.2.12. Danone Foods and Beverages India Private Limited
  • 11.2.13. Britannia Dairy Private Limited
  • 11.2.14. Cocoberry Restaurants and Distributors Private Limited
  • 11.3. Company Overview
  • 11.3.1. Team24 Foods & Beverages Private Limited (Flavours24)
  • 11.3.2. Maez One Retail and Food Private Limited (Red Mango)
  • 11.3.3. Brand Calculus Franchising (India) Private Limited (Kiwi kiss)
  • 11.3.4. Polo Foods QSR Private Limited (Forever Yogurt)
  • 11.3.5. MOI Retail Private Limited (Menchie's)
  • 11.3.6. Fonterra India Private Limited
  • 11.3.7. PepsiCo India Holdings Pvt. Ltd.
  • 11.3.8. Modern Cream Dairy Industries Pvt. Ltd.
  • 12. Strategic Recommendations
  • 13. Disclaimer

List of Table
Table 1: India Tier-wise Classification Of Cities
Table 2: India Region-wise Classification Of Cities
Table 3: India Yogurt Market Share By Company (2021)
Table 4: India Spoonful Yogurt Market Size By Value (in INR Crore)
Table 5: India Drinkable Yogurt Market Size By Volume (in Tonnes)
Table 6: India Organized Yogurt Market Share By Category (Spoonful Vs. Drinkable) (2016-17, 2021-22, 2027-28F)
Table 7: India Organized Yogurt Market Share By Packaged/Retail Vs. Service Chain (2016-17, 2021-22, 2027-28F)
Table 8: India Packaged/Retail Yogurt Market Share By Region (2016-17, 2021-22 & 2027-28F)
Table 9: India Packaged/Retail Yogurt Market Share By Category (2016-17, 2021-22 & 2027-28F)
Table 10: India Plain/Natural Spoonful Yogurt Market Size By Value (in INR Crore)
Table 11: India Frozen Spoonful Yogurt Market Size By Volume (in Tonnes)
Table 12: India Other (Greek, Probiotic, Shrikhand, Mishti doi) Spoonful Yogurt Market Size By Value (in INR Crore)
Table 13: India Buttermilk (Chhach) Market Size By Value (in INR Crore)
Table 14: India Lassi Market Size By Volume (in Tonnes)
Table 15: India Other Drinkable Yogurt Market Size By Value (in INR Crore)
Table 16: India Frozen Yogurt (Flavoured, Fruited) Market Size By Value (in INR Crore)
Table 17: India Drinkable (Yogurt Based Smoothies) Market Size By Volume (in Tonnes)
Table 18: HS Code for Yogurt Products in India 2021-22
Table 19: Import Duty Structure for HS Code XXXX in India 2021-22
Table 20: Import of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 21: Import of HS Code XXXX in India - By Country By Value & Volume Share 2021-22
Table 22: Export of HS Code XXXX in India - Value & Volume 2016-17 to 2021-22
Table 23: Export of HS Code XXXX in India - By Country By Value & Volume Share 2021-22

List of Figures
Figure 1: India Population 2017-2021( In Crore)
Figure 2: India Population Age Structure (EST. 2019)
Figure 3: India Urban VS Rural (Crore)
Figure 4: India Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 5: India Yogurt Market Share By Organized Vs. Unorganized (2016-17, 2021-22 & 2027-28F)
Figure 6: India Organized Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 7: India Unorganized Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 8: India Packaged/Retail Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 9: India Packaged/Retail Spoonful Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 10: India Packaged/Retail Spoonful Yogurt Market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Figure 11: India Packaged/Retail Drinkable Yogurt Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 12: India Packaged/Retail Drinkable Yogurt Market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Figure 13: India Yogurt Service Chain Market Size By Value 2016-17 to 2027-28F (in INR Crore)
Figure 14: India Yogurt Service Chain Market Share By Product Type (2016-17, 2021-22 & 2027-28F)
Figure 15: Porter's Five Forces of India Yogurt Market

Feed Phosphate Market Research FAQs

The expected Growth rate of the Indian yogurt market is around 12% during 2022-2028.

The rising consumer inclination towards frozen yogurt, owing to its lower fat content and higher nutritional value, along with the introduction of dairy-free and plant-based yogurt for vegan and lactose-intolerant consumers, is primarily driving the Indian yogurt market.

Based on the sector, the Indian yogurt market can be bifurcated into the Organised and unorganized sectors, Unorganised sector currently has the highest market share of around 60%.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India, where North India currently dominates the Indian yogurt market.

Some of the major players in the Indian yogurt market include Amul (Gujarat Co-operative Milk Marketing Federation Limited), Britannia Industries Limited, Cocoberry Retail Pvt. Ltd., Prabhat Dairy Limited, Milky Mist Dairy, Mother Dairy Fruit & Vegetable Private Limited, Nestlé India Limited, and Parag Milk Foods.

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India Yogurt Market Outlook, 2027-28

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