机构研究报告-Dairy industry in India-外文版培训课件

INDUSTRIES

&

MARKETSDairyindustryinIndiaCHAPTER

01GlobaloverviewCowmilkproductionworldwidefrom2015to2024(inmillionmetrictons)Globalcowmilkproduction2015-2024600500400300200100020152016201720182019202020212022202320244Description:Thevolumeofcowmilkproducedworldwidehasrisensteadilyoverthelastseveralyears.In2015,497millionmetrictonsofcowmilkwasproducedworldwide,by2024thatfigurehadrisentoaround552millionmetrictons.Liquidmilkmadeupthelargestshareofthedairymarketintermsofmarketvalue.ReadmoreNote(s):Worldwide;2015to2024Source(s):FAO;USDepartmentofAgricultureMajorproducersofcowmilkworldwidein2024,bycountry(inmillionmetrictons)Leadingproducersofcowmilkworldwide2024,bycountryProductionvolumeinmillionmetrictons60

8002040100120140160EU-27UnitedStatesIndia144.6103.8799.5China41.5Russia32.5Brazil25.2NewZealandUnitedKingdomMexico21.215.613.511.510.318.58.05ArgentinaCanadaAustraliaBelarus5Description:TheleadingproducerofcowmilkworldwidewastheEuropeanUnionin2024.Inthatyear,the27countriesoftheEuropeanUnioncollectivelyproducedover144millionmetrictonsofcowmilk.TheUnitedStateswasrankedsecondwithaproductionvolumeofaround104millionmetrictons.ReadmoreNote(s):Worldwide;2024Source(s):FAO;USDepartmentofAgricultureNumberofmilkcowsworldwidein2024,bycountry(in1,000heads)Numberofmilkcowsworldwide2024,bycountryNumberinthousandheads010,00020,00030,00040,00050,00060,00070,000IndiaEuropeanUnionBrazil61,50019,92517,300UnitedStatesMexico9,3456,750ChinaRussia6,6006,290NewZealandUnitedKingdomArgentinaBelarus4,6351,8401,4901,4651,2801,310AustraliaUkraine6Description:Indiaishometothehighestnumberofmilkcowsofanycountry,atover61millionheadasof2024.Thatyear,theEuropeanUnionhadthesecondmostmilkcowsworldwide,atabout20millionhead.

ReadmoreNote(s):Worldwide;2024Source(s):USDAForeignAgriculturalServiceProductionvolumeofdairyproductsworldwide*in2024,bycategory(inmillionmetrictons)Globaldairyproduction2024,bycategory600554.24500400300200100022.5211.974.714.51CowmilkCheeseButterNonfatdrymilkWholemilkpowder7Description:In2024,amongvariousdairyproductsproduction,over554millionmetrictonsofcow'smilkwasproducedworldwide.Incomparison,theproductionvolumeofcheeseandbutterwasover22and11millionmetrictonsinthesameyear.

ReadmoreNote(s):Worldwide;2024;*Productionvolumeofselectedcountries.ReadmoreSource(s):FAO;USDepartmentofAgricultureRevenueofthedairyproducts&eggsmarketworldwidein2023,bycountry(inbillionU.S.dollars)Revenueofthedairyproducts&eggsmarketworldwide2023,bycountryRevenueinbillionU.S.dollars80

1000204060120140160180IndiaChina158.93154.78UnitedStatesGermanyJapan98.740.9132.3431.89RussiaFrance28.1726.3326.1624.53ItalyMexicoIndonesiaBrazil23.2222.9222.11NigeriaEgypt8Description:Indiaisleadingtherankingbyrevenueinthe'DairyProducts&Eggs'segmentofthefoodmarket,recording158.93billionU.S.dollars.FollowingcloselybehindisChinawith154.78billionU.S.dollars,whileUkraineistrailingtherankingwith8.23billionU.S.dollars,resultinginadifferenceof150.7billionU.S.dollarstotherankingleader,India.ReadmoreNote(s):Worldwide;Jan1sttoDec31st2023Source(s):Statista;StatistaConsumerMarketInsightsCHAPTER

02GeneraloverviewGrossvalueaddedfrommilkproductsinIndiafromfinancialyear2012to2023(intrillionIndianrupees)GrossvalueaddedfrommilkproductsinIndiaFY2012-20237655.845.645.345.054.794.494.223.97432103.743.523.393.28FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202310Description:ThegrossvalueaddedfrommilkproductswithinthelivestocksectoracrossIndiaamountedtoaboutsixtrillionIndianrupeesinfiscalyear2023.Thisgroupofproductsmadeup66.5percentoftheeconomicvalueinthissector.Livestockproductscontributedovereighttrillionrupeesthatyeartothecountry'seconomy.ReadmoreNote(s):India;FY2012toFY2023;valuesatconstantFY2012prices.Source(s):MOSPIAnnualgrowthrateofmilkproductionacrossIndiafromfinancialyear2011to2023GrowthrateofmilkproductionIndiaFY2011-20237.0%6.5%6.0%6.62%6.47%6.38%6.27%6.27%5.81%5.77%5.69%5.5%5.09%5.01%5.0%4.5%4.0%3.5%3.0%3.97%3.83%3.54%FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202311Description:ThegrowthrateofmilkproductioninIndiawasnearly3.83percentinfiscalyear2023.Thiswasaslightdecreasefromthepreviousyearwhenthegrowthratestoodatapproximately5.7percent.Thecountrywasconsistentlyoneofthelargestproducersofthedairyproductworldwide.ReadmoreNote(s):India;FY2011toFY2023Source(s):MinistryofAgricultureandFarmersWelfare(India)(DepartmentofAnimalHusbandry,Dairying&Fisheries)VolumeofmilkproducedacrossIndiainfinancialyear2024,byleadingstate(inmillionmetrictons)MilkproductioninIndiaFY2024,byleadingstateMilkproductioninmillionmetrictons15

20

25051030354045UttarPradeshRajasthanMadhyaPradeshGujarat38.7834.7321.3318.31MaharashtraPunjab16.051413.9913.4612.8512.22AndhraPradeshKarnatakaBiharHaryanaTamilNaduSikkim10.8110.81WestBengalTelangana7.655.8412Description:ThestateofUttarPradeshproducedthehighestamountofmilkinIndiaatover38millionmetrictons,followedbyRajasthaninfinancialyear2024.Thetotalmilkproductioninthecountryamountedtoover239millionmetrictonsduringthesamefiscalyear.ReadmoreNote(s):India;FY2024Source(s):MinistryofAgricultureandFarmersWelfare(India)(DepartmentofAnimalHusbandry,Dairying&Fisheries)ShareofmilkproductioninIndiainfinancialyear2024,bystateShareofmilkproductioninIndiaFY2024,bystateShareofmilkproduction0%2%4%6%8%10%12%14%16%18%UttarPradeshRajasthan16.21%14.51%MadhyaPradeshGujarat8.91%7.65%MaharashtraPunjab6.71%5.85%5.85%5.63%5.37%5.11%AndhraPradeshKarnatakaBiharHaryana13Description:Infiscalyear2024,UttarPradeshhasthehighestshareofmilkproductionatover16percentinIndia.Incomparison,thestateofHaryanahadashareofmilkproductionatoverfivepercentforthesameyear.

ReadmoreNote(s):India;FY2024Source(s):DepartmentofanimalhusbandryanddairyingProcurementvolumeofmilkacrossIndiainfinancialyear2023,byregion(inmillionkilogramsperday)MilkprocurementvolumeIndiaFY2023,byregion3531.613025201510515.818.762.72East0WestSouthNorth14Description:Infinancialyear2023,over31millionkilogramsofmilkwereprocuredperdayintheWesternregionofIndia.TheSouthernpartofIndiahadthesecondlargestmilkprocurementofover15millionkilogramsonaverageinadaythatyear.

ReadmoreNote(s):India;FY2023;provisionalvalues.Source(s):NDDBCHAPTER

03ProductionVolumeofmilkproductioninIndiafromfinancialyear2007to2024(inmillionmetrictons)MilkproductionvolumeinIndiaFY2007-2024300250200239.3230.58222.07209.96198.44187.75176.35165.4155.49146.31150137.69132.43127.9121.8116.4112.2107.9102.6100500FY2007

FY2008

FY2009

FY2010

FY2011

FY2012

FY2013

FY2014

FY2015

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY202416Description:Milkproductionamountedtoover239millionmetrictonsinfiscalyear2024,upfromthepreviousyear's230millionmetrictons.Milkproductioninthecountrywasslightlyincreasedbynearlyfourpercentcomparedtothepreviousyear.

ReadmoreNote(s):India;FY2007toFY2024Source(s):MinistryofFisheries,AnimalHusbandry&Dairying(India)ProductionvolumeofbutteracrossIndiafrom2013to2024(in1,000metrictons)ProductionvolumeofbutterinIndia2013-20248,0007,0006,9506,7506,5006,3006,1005,8506,0005,6005,4005,2005,0354,8874,7455,0004,0003,0002,0001,000020132014201520162017201820192020202120222023202417Description:During2024,aboutsevenmillionmetrictonsofbutterwereproducedinIndia,anincreasefromthepreviousyear.Thecountryhasobservedanincreasingtrendintheproductionvolumeofbuttersince2015.

ReadmoreNote(s):India;2013to2024Source(s):USDAForeignAgriculturalServiceProductionvolumeofnonfatdrymilkinIndiafrom2019to2024(in1,000metrictons)ProductionvolumeofnonfatdrymilkIndia2019-2024800755730700680700600500400300200100066063520192020202120222023202418Description:Asof2024,thetotalproductionvolumeofnonfatdrymilkwas755thousandmetrictonsinIndia.Thiswasanincreaseascomparedtothepreviousyear,whentheproductionvolumewas730thousandmetrictons.

ReadmoreNote(s):India;2019to2024Source(s):USDAForeignAgriculturalServiceDistributionofmilkproductionacrossIndiainfinancialyear2023,byspeciesShareofmilkproductionIndiaFY2023,byspeciesShareofmilkproduction15%0%5%10%20%25%30%35%IndigenousbuffaloesCrossbredcowsNon-descriptbuffaloesIndigenouscowsNon-descriptcowsGoats31.94%29.81%12.87%10.73%9.51%3.3%Exoticcows1.86%19Description:IndigenousbuffaloeshadthehighestshareofmilkproductioninIndiawithabout32percentinthefiscalyear2023.Itwasfollowedbycrossbredcowsaccountingforabout30percentofthetotalmilkproductioninthecountry.ReadmoreNote(s):India;FY2023Source(s):MinistryofFisheries,AnimalHusbandry&Dairying(India)AverageyieldofmilkperanimalacrossIndiainfinancialyear2023,byspecies(inkilogramsperday)AverageyieldofmilkperanimalinIndiaFY2023,byspeciesAverageyieldinkilogramsperday02468101211.42ExoticcowCrossbredcowIndigenousbuffaloNon-descriptbuffaloIndigenouscowNon-descriptcowGoat8.416.764.824.172.870.520/statistics/734395/average-yield-of-milk-by-type-of-animal-indiaExoticcowsacrossIndiahadthehighestyieldofmilkperanimalattherateofover11kilogramsperdayonanaverageduringfinancialyear2023.Goatsyieldedtheleastmilkperanimalatamere0.5kilogramsperdayacrossthecountrythatyear.

ReadmoreNote(s):India;FY2023Source(s):MinistryofAgricultureandFarmersWelfare(India)(DepartmentofAnimalHusbandry,Dairying&Fisheries.)CHAPTER

04TradeValueofdairyproductsexportedfromIndiabetweenfinancialyear2015and2023(inbillionIndianrupees)ExportvalueofdairyproductfromIndiaFY2015-2023353025201529.2924.2322.714.9113.4112.0511.969.051057.550FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202322Description:ThedairyproductsexportedfromIndiawereworthover22billionIndianrupeesinthefinancialyear2023.Thiswasadecreaseascomparedtothepreviousyear'sexportvalueofover29billionrupees.Skimmedmilkpowderwastheleadingdairyproductexportedfromthecountry.ReadmoreNote(s):India;FY2015toFY2023;includesskimmedmilkpowder,butter,butteroil,cheese,ghee,andbuttermilk.Source(s):APEDA;DGCI&SVolumeofdairyproductsexportedfromIndiabetweenfinancialyear2015and2023(in1,000metrictons)ExportvolumeofdairyproductfromIndiaFY2015-2023120100113.73108.718067.5766.426054.7651.4248.0439.174020033.44FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202323Description:About68thousandmetrictonsofdairyproductsworthover22billionIndianrupeeswereexportedfromIndiainthefinancialyear2022.Thiswasadecreasefromthepreviousyear'sexportvolumeofover108thousandmetrictons.Skimmedmilkpowderwastheleadingdairyproductexportedfromthecountry.ReadmoreNote(s):India;FY2015toFY2023;includesskimmedmilkpowder,butter,butteroil,cheese,gheeandbuttermilk.Source(s):APEDA;DGCI&SExportvolumeofmilkandcreamfromIndiafromfinancialyear2017to2024(in1,000metrictons)ExportvolumeofmilkandcreamfromIndiaFY2017-20241816141216.5215.313.8212.111.3110.181088.8665.25420FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY202424Description:Asoffinancialyear2024,theexportvolumeofmilkandcreamfromIndiawasaround17thousandmetrictons.Thiswasanincreaseascomparedtothepreviousfinancialyear,whentheexportvolumeofmilkandcreamwasabout15thousandmetrictons.ReadmoreNote(s):India;FY2017toFY2024Source(s):DepartmentofanimalhusbandryanddairyingImportvolumeofmilkandmilkproductsinIndiafrom2020to2023,withaforecastfor2024(in1,000metrictonsofmilkequivalent)MilkandmilkproductsimportvolumeIndia2020-2024200185182180160140120100809660402002020to2022(average)2023*2024**25Description:In2023,theimportvolumeofmilkandmilkproductsinIndiawasestimatedtoreachapproximately185thousandmetrictonsofmilkequivalent.Itwasalsoforecastedthattheimportvolumeofsuchproductswouldamounttoaround182thousandmetrictonsofmilkequivalentin2024.ReadmoreNote(s):India;2018to2023;*Estimate.**Forecast.Accordingtothesource,"Tradefiguresrefertothemilkequivalenttradeinthefollowingproducts:butter(6.60),cheese(4.40),skim/wholemilkpowder(7.60),wholecondensed/evaporatedmilk[...]

ReadmoreSource(s):FAOImportvolumeofbutter,ghee,andbutteroilfromIndiafromfinancialyear2017to2024(inmetrictons)Importvolumeofbutter,ghee,andbutteroilIndiaFY2017-20243,5003,266.013,0002,5002,0001,5001,0005001,205.55FY2018598.2423.52401.98275.85252.5130.840FY2017FY2019FY2020FY2021FY2022FY2023FY202426Description:Inthefinancialyear2024,theimportvolumeofbutter,ghee,andbutteroilwere253metrictonstoIndia.Thiswasadecreaseascomparedtothepreviousyear.Theimportvolumeisfluctuatingoverthepastfewyears.

ReadmoreNote(s):India;FY2017toFY2024Source(s):DepartmentofanimalhusbandryanddairyingCHAPTER

05RetailTotalmilksalesinIndiafromfinancialyear2017to2022,withanestimatefor2023(inmillionliters)TotalmilksalesinIndiaFY2017-2023120103.510080604020095.481.87969.457.8237.14FY2017FY2018FY2019FY2020FY2021FY2022FY2023*28Description:Inthefinancialyear2022,thetotalmilksalesinIndiawerenearly58millionliters.Thiswasadecreaseascomparedtothepreviousyears.Forthefiscalyear2023,milksalesarelikelytobe37millionliters.

ReadmoreNote(s):India;FY2017toFY2022;*ValueforFY2023fromApril2022toDecember2022.India'sfinancialyearbeginsinAprilandendsinMarch.Forexample,FY2021startedinApril2020andendedinMarch2021.Numbersareroundedofffor[...]

ReadmoreSource(s):DepartmentofanimalhusbandryanddairyingSalesvalueofpackageddairyfoodsinIndiafrom2012to2022(inbillionU.S.dollars)SalesvalueofpackageddairyfoodsinIndia2012-202230252025.124.7422.119.5515.6714.111512.4210.89201410.6320121052.802015201620172018201920202021202229Description:In2022,theretailsalesvalueofdiaryfoodintheIndianpackagedfoodsmarketamountedto2.5billionU.S.dollars.Therewasasignificantdecreaseinthevalueofretailsaleswithinthepackagedfoodsectorcomparedtothepreviousyear.

ReadmoreNote(s):India;2012to2022Source(s):Euromonitor;USDAForeignAgriculturalServiceDailypercapitamilkavailabilityinIndiafromfinancialyear2012to2023(ingram)DailypercapitamilkavailabilityinIndiaFY2012-2023500450400459446427406390370351333350319303296289300250200150100500FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY202330Description:Inthefinancialyear2023,India'sdailypercapitamilkavailabilitywas459grams.Thereisasteadyincreaseindailypercapitamilkavailability.Thetotalmilkproductionstoodatover230milliontonsinthecountrythesameyear.ReadmoreNote(s):India;FY2012toFY2023Source(s):DepartmentofanimalhusbandryanddairyingWholesalePriceIndexofdairyproductsacrossIndiafromfinancialyear2013to2024WholesalePriceIndexofdairyproductsinIndiaFY2013-2024185175165155145135179.1167149.4146.9145142.1136.2132.3123.7123.612511510595112.7103.3FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY202431Description:TheWholesalePriceIndexofdairyproductsacrossIndiaduringfinancialyear2024wasaround179.Anoverallincreaseinthepriceindexwasseenovertheyearsfromfinancialyear2013inthecountry.

ReadmoreNote(s):India;FY2013toFY2024;baseyearFY2012=100Source(s):OEA(India)AnnualinflationofmilkpriceinIndiafromfinancialyear2019to2023InflationofmilkpriceinIndiaFY2019-20238%7.41%7%6%5%4%3%2%1%0%5.39%2.9%2.84%1.83%FY2019FY2020FY2021FY2022FY202332Description:Duringthefinancialyear2023,theannualinflationofmilkpricesinIndiawasoversevenpercent,thehighestincomparisontopreviousyears.Theinflationofmilkpricewasevenhigherthanannualfoodinflationratewhichis6.61percentforthesameyear.ReadmoreNote(s):India;FY2019toFY2023Source(s):MOSPI;NABARDConsumeropiniononrisingmilkpricesinIndiaasofJune2024ConsumeropiniononrisingmilkpricesinIndia2024Shareofrespondents0%10%20%30%40%50%60%70%PayinghigherpricesandbuyingsamequantityandbrandHavereducedthequantitythatwepurchaseHaveswitchedtoalowercostbrandorlocalsupplysourceHavestoppedbuyingmilk60%20%14%3%3%Can'tsay33Description:AccordingtoasurveyconductedonIndianconsumer'sopiniononincreasedmilkprices,60percentofconsumerssaidtheywerepayinghigherpricesandbuyingthesamequantityofmilk.Whereas,20percentofhouseholdshadreducedthequantityofmilkpurchaseand14percentofconsumershadswitchedtolowercostbrandandlocalsupplysources.ReadmoreNote(s):India;asofJune7,2024;13,866respondents;across309districtsofIndiaSource(s):LocalCirclesCHAPTER

06ConsumptionDomesticconsumptionofmilkinIndiafrom2019to2024(inmillionmetrictons)DomesticconsumptionofmilkIndia2019-2024250210.18207.08202.49198.99194.7920015010050190.99020192020202120222023202435Description:Asof2024,thetotaldomesticconsumptionvolumeofmilkwasover210millionmetrictonsinIndia.Thiswasanincreaseascomparedtothepreviousyear,whentheconsumptionvolumewasabout207millionmetrictons.

ReadmoreNote(s):India;2019to2024Source(s):USDAForeignAgriculturalServiceDomesticconsumptionofbutterinIndiafrom2019to2024(inmillionmetrictons)DomesticconsumptionofbutterIndia2019-2024876.96.726.466.296.085.81654321020192020202120222023202436Description:In2024,thetotaldomesticconsumptionvolumeofbutterwasalmostsevenmillionmetrictonsinIndia.Thiswasanincreaseascomparedtothepreviousyear,whentheconsumptionvolumewas6.72millionmetrictons.

ReadmoreNote(s):India;2019to2024Source(s):USDAForeignAgriculturalServiceVolumeintheyogurtsegmentofthefoodmarketIndiafrom2019to2029(inbillionkilograms)VolumeintheyogurtsegmentofthefoodmarketIndia2019-202925201510502019202020212022202320242025202620272028202937Description:Thevolumeinthe'Yogurt'segmentofthefoodmarketinIndiawasforecasttocontinuouslyincreasebetween2024and2029byintotal4.8billionkilograms(+26.89percent).Afterthetenthconsecutiveincreasingyear,thevolumeisestimatedtoreach22.65billionkilogramsandthereforeanewpeakin2029.Notably,thevolumeofthe'Yogurt'segmentofthefoodmarketwascontinuouslyincreasingoverthepastyears.ReadmoreNote(s):India;2019to2029Source(s):Statista;StatistaMarketInsightsVolumeinthecheesesegmentofthefoodmarketIndiafrom2019to2029(inbillionkilograms)VolumeinthecheesesegmentofthefoodmarketIndia2019-20292.52.01.51.00.50.02019202020212022202320242025202620272028202938Description:Thevolumeinthe'Cheese'segmentofthefoodmarketinIndiawasforecasttocontinuouslyincreasebetween2024and2029byintotal0.4billionkilograms(+22.1percent).Afterthetenthconsecutiveincreasingyear,thevolumeisestimatedtoreach2.19billionkilogramsandthereforeanewpeakin2029.Notably,thevolumeofthe'Cheese'segmentofthefoodmarketwascontinuouslyincreasingoverthepastyears.

ReadmoreNote(s):India;2019to2029Source(s):Statista;StatistaMarketInsightsCHAPTER

07KeyplayersBrandvalueoftheleadingdairyprocessorsworldwidein2024(inbillionU.S.dollars)Globalleadingdairyprocessorsbasedonbrandvalue2024BrandvalueinbillionU.S.dollars02468101214YiliDanoneMengniuAlmaraiAmul11.618.035.423.93.31Arla2.7VinamilkPrésidentilluma2.652.122.06Valio1.9740Description:In2024,theFrenchdairycompanyDanonewasthesecondleadingdairycompanyworldwidebasedonbrandvalue,withabrandvalueofabouteightbillionU.S.dollars.ChinesedairycompanyYiliwasrankedfirstthatyear,withabrandvalueofover11.6billionU.S.dollars.ReadmoreNote(s):Worldwide;2024Source(s):BrandFinanceSalesturnoverofAmulfromfinancialyear2011to2024(inbillionIndianrupees)SalesturnoverofAmulFY2011-2024700600500400300200610550.55530385.5329.6292.25270.43229.72207.33181.43137.35128.8116.6897.741000FY2011FY2012FY2013FY2014FY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY202441Description:Infinancialyear2024,Amulreportedasalesturnoverofover128billionIndianrupees.AnandMilkUnionLimited(Amul)isoneofthelargestdairycompaniesintheworldwithanincreasinggrowthratesince2011.ReadmoreNote(s):India;FY2011toFY2024Source(s):TimesofIndiaRevenueofMotherDairyfromfinancialyear2019to2024(inbillionIndianrupees)MotherDairyrevenueFY2019-2024160140120150.37145125.83104.45104.895.481008060402