India Ghee Market to Grow with a CAGR of 8.58% through 2030
Increasing awareness about
ghee benefits is driving the India Ghee Market in the forecast years.
According to TechSci Research report, “India Ghee Market – By Region, Forecast & Opportunities, 2030F”, the India Ghee market stood at USD 41.82 billion in 2024 and is anticipated to grow with a CAGR 8.58% through 2030 , India Ghee market has shown promising growth and is expected to continue its growth in upcoming forecast years. Indian population has grown health concerned and increasing cases of
obesity and other health disorder is inclining the population toward healthier
options in food and food-habits. These are some major factors that are actively
driving the growth of India Ghee Market in upcoming five years, positively.
Moreover, government is promoting healthier foods and food habits to overcome a
recent pandemic, that is another factor of growth of India Ghee Market.
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The trend of ketogenic and low-carb diets, which emphasize high-fat and low-carb intake, has also contributed to ghee's rising popularity. Ghee is a staple in such diets due to its rich fat content, which supports ketosis and provides sustained energy levels. The growing community of fitness enthusiasts and diet-conscious individuals has embraced ghee as a healthy fat source, driving its consumption across various demographics. The modern consumer is increasingly health-conscious, with a keen interest in natural and traditional foods known for their nutritional benefits. Ghee, which is rich in healthy fats, vitamins A, E, and D, and butyrate, has gained popularity as a superfood. The shift towards holistic wellness and the integration of traditional dietary practices into contemporary lifestyles have significantly boosted the demand for ghee. The Indian Ghee Market, a significant segment of the dairy industry, is experiencing a transformative shift with the advent of online distribution channels. This evolution is propelled by the burgeoning e-commerce sector, which offers consumers the convenience of home delivery, a wider selection of brands, and competitive pricing. The market is traditionally segmented by type, application, and region, with household use being predominant due to ghee's cultural and health-related significance in Indian cuisine.
Industrial applications, though less extensive than household usage, are notable in the food processing sector where ghee is a preferred ingredient in confectioneries like cookies, sweets, cakes, and pastries. Commercial establishments such as restaurants and caterers also contribute to the demand, albeit to a lesser extent compared to the residential segment. The surge in online sales channels is a response to the changing consumer behaviors and digitalization of the Indian economy. The ease of access, coupled with the rise of digital literacy, has made online platforms a go-to for the modern consumer, thus driving the growth of the ghee market. Moreover, the online marketplace allows for direct consumer feedback and engagement, which is invaluable for producers in terms of product development and customer satisfaction.
The Indian Ghee Market's growth is multifaceted, with household consumption remaining the bedrock of demand. However, the rapid expansion of online distribution channels is revolutionizing the market landscape, making it more dynamic and accessible. As digital platforms continue to gain traction, they are expected to play an increasingly vital role in the distribution and marketing of ghee in India. This trend is not only indicative of the ghee market's potential but also reflective of the broader digital transformation of India's consumer markets.
Major companies operating in India Pet Food market are:
- Gujarat Cooperative Milk Marketing Federation Ltd.
- Mother Dairy Fruits & Vegetables Pvt Ltd.
- Parag Milk Foods Ltd.
- Patanjali Ayurved Limited
- Creamy Foods Private Limited
- Nestlé India Limited
- G.K. Dairy & Milk Products Pvt. Ltd.
- M/S Jai Durga Trading Co.
- Britannia Industries Limited
- Ananda Dairy Ltd.
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“India Ghee market is expected to witness significant growth during the
forecast period. The pandemic has initiated a trend of online shopping. Ghee
was earlier available in traditional stores, supermarkets/ hypermarket, etc.
But the recent trend shows that online orders of the product has increased thus
increasing the sales. New investors may focus on online retail and application-based
order placement giving a scope of future exponential growth,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research based global
management consulting firm.
“India Ghee Market By
Type (Cow Ghee, Buffalo Ghee, Others {Camel Ghee, Goat Ghee}) By Application
(Industrial, Commercial, Household) By Distribution Channel
(Supermarkets/Hypermarkets, Traditional Grocery Stores, Specialty Stores,
Online, Others) By Region, Competition Forecast & Opportunities, FY2030” has evaluated the future growth potential of India Ghee
market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in India Ghee market.
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