India Cheese Market to Amount to USD 0.72 Bn by 2021, Projects IMARC Group in Its Topical Report Available at MarketPublishers.com16 May 2017 • by Natalie Aster
LONDON – Cheese is in widespread use worldwide, in traditional foods as well as fast food options like pizzas, pastas, macaroni and burgers. On the back of saturation in leading cheese markets across the North America and European regions, manufacturers pay a lot of attention to emerging markets like India, Russia and Japan.
The Indian cheese market saw substantial growth, demonstrating a 25% CAGR during 2010-2016. The robust growth of the market has been driven by manifold factors. The ever-evolving fast food industry acts as one of the key forces stimulating the demand for cheese. Other factors encompass changing eating habits, rising levels of disposable income, impact of westernisation, and more.
By 2021, the country’s cheese market is projected to amount to a value of USD 0.72 billion.
Across the country, Maharashtra currently dominates the marketplace, followed by Gujarat and Delhi.
Parag Milk Foods, GCMMF, Britannia and Mother Dairy, amid others, are the outstanding players active in the market.
Topical research report “Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021” drawn up by IMARC Group offers an all-round, critical analysis and forecast of the market on a national scale, focusing on the 15 leading states in the country.
The study examines the market landscape featuring the current, historical and future trends for cheese production in tandem with its prices. For each state discussed, the research provides an exhaustive analysis of the present-day and historical volume and value trends, market share of the leading players and market forecasts. The report includes a detailed SWOT analysis, Porter’s five forces and value chain analysis of the Indian cheese market alongside a breakup by segment and region-wise. The report canvasses the competitive scenario covering the competitive structure and market shares of the dominant players. Profiles of the top players are included. Furthermore, the report includes details about the cheese production process; project details, requirements and costs involved; loans and financial aid; and project economics.
Follow to IMARC Group page to find more comprehensive market research reports by this publisher.