India Goat Milk Product Market Overview, 2028

India occupies first position in terms of goat population and milk production. The goat milk product market in India is influenced by the country's rich culture and traditions. Goats have been an integral part of Indian agriculture for centuries, and their milk and milk products hold cultural significance in various regional cuisines. Goat milk products have a long-standing presence in traditional Indian dishes and are valued for their nutritional benefits. India celebrates its goat milk products through festivals and promotions that highlight the cultural and culinary importance of these products. One such festival is Eid al-Adha, also known as Bakrid or Bakra Eid, which is a significant Islamic festival where the sacrifice of goats is a common practice. This occasion promotes the consumption of goat meat and milk products, including desserts like sheer khurma and firni made with goat milk. Additionally, several local festivals and fairs across different regions of India emphasize goat milk products. These events provide a platform for local producers to showcase their products, engage with consumers, and offer tastings and demonstrations. Promotions and exhibitions at these festivals help raise awareness about the nutritional value and versatility of goat milk products among consumers. In terms of import and export activities, India has a growing market for goat milk products and is increasingly engaging in both import and export activities. While India is primarily a net importer of goat milk products, it has seen a rise in domestic production and is gradually becoming more self-sufficient. Goat milk products are imported from countries like the Netherlands, New Zealand, and Australia to meet the increasing demand in the Indian market. On the export side, India exports goat milk products to various countries, primarily in the Middle East, where there is a significant demand for these products due to cultural preferences and dietary habits. Indian goat milk products, such as ghee (clarified butter), paneer (cottage cheese), and traditional sweets made with goat milk, have gained popularity in the international market. According to the research report "India Goat Milk Product Market Overview, 2028," published by Bonafide Research, the India Goat Milk Product market is expected to grow at more than 6.03% CAGR from 2023 to 2028. In India, the goat milk product market is prominent in various regions, but some regions have a higher concentration of producers and demand. The state of Rajasthan, particularly in cities like Jaipur and Jodhpur, is known for its significant presence in the goat milk product market. Other regions with a notable market include Gujarat, Maharashtra, Punjab, and Telangana. The rules and regulations, goat milk product producers in India must adhere to several standards and regulations to ensure product safety and quality. The Food Safety and Standards Authority of India (FSSAI) is the regulatory authority responsible for setting guidelines and enforcing regulations related to the production, labeling, packaging, and distribution of goat milk products. These regulations cover aspects such as hygiene practices, product composition, labeling requirements, and food safety standards. Famous Brands offering the goat milk products are Amul, Go Cheese, Nandini, Aadvik Food and Goodmylk.

The cheese market in India has been witnessing robust growth due to factors such as increasing disposable income, changing dietary preferences, urbanization, and the rise of quick-service restaurants (QSRs) and fast-food chains. Additionally, the growing awareness of the nutritional benefits of cheese has contributed to its popularity among consumers.The proliferation of QSRs and fast-food chains in India has had a significant impact on the cheese market. Popular cheese-based dishes like burgers, pizzas, sandwiches, and wraps are widely consumed, driving the demand for cheese. The famous brands of cheese in India are Gowardhan, Acres Wild, Cinnabar, La Ferme Cheese, and The Spotted Cow Fromagerie. In India, hypermarkets and supermarkets play an important role in the distribution of goat milk products and leading the market as well. These huge retail shops are key actors in the country's food and beverage industry, providing consumers with a diverse selection of products, including dairy items. The development of e-commerce has created new distribution channels for goat milk products. Local distributors and wholesalers are critical in getting goat milk products to smaller retail outlets including neighborhood grocery stores, convenience stores, and corner shops. They serve as a link between manufacturers and merchants, guaranteeing a consistent supply of items in various places. Considered in this report • Geography: India • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028

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Manmayi Raval

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Aspects covered in this report • India Goat Milk product market with its value and forecast along with its segments • On-going trends and developments • Top profiled companies • Strategic recommendation By Product Type • Goat Cheese (Fresh Goat Cheese, Aged Goat Cheese, Flavored Goat Cheese, Others) • Goat Milk Powder (Skimmed milk Powder, Full Cream Milk Powder) • Goat Yogurt (Set-style Yogurt, Swiss-style Yogurt) • Butter • Others (ice cream, cajeta)

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By Form • Liquid • Solid By Distribution • Hypermarket & Supermarket • Convenience Stores • Specialty Stores • Online • Others (Pharmacy Store, B2B) The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to Goat Milk Product industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. ?