India Ghee Market is expected
to show an impressive growth in CAGR in the upcoming five years of forecast,
2022-2026. The market is expected to grow on the backbone of increasing health
concerns, availability of the product, and disposable income among the
population. Moreover, continues development in the quality of the product is
driving the growth of the market during forecast period. Indian government has
often promoted the product on the factors of its health benefits and now the
availability of ghee in various distribution channel has made it more feasible
for purchase among all sections of population.
India Ghee Market is
segmented by type, application, distribution channel, and region. Based on type
the market is further fragmented into cow ghee, buffalo ghee, and others. Cow
ghee is more preferred by the Indian population because of the cream content.
Cow ghee is creamier than buffalo ghee and even contains lots of minerals,
calcium, vitamins and proteins whereas buffalo ghee is only rich in calcium,
phosphate, and magnesium. Other types of ghee lack the creamy texture and fat
content and thus is least preferred.
During the first quarter of
2020, the world suffered from the pandemic, and countries around the world
observed lockdown. India also observed a complete lockdown during the first
half of the year and thus sales of FMCG products dropped from offline
distribution channels. Soon, the market recovered by providing the products at
online retails. The market has shown improvement and can be anticipated to show
the boost in the upcoming five years, 2022-2026.
Some of the top players in
the India Ghee Market are, Gujarat Cooperative Milk Marketing Federation Ltd., Mother
Dairy Fruits & Vegetables Pvt Ltd., Gowardhan India, Patanjali Ayurved
Limited, Ashirwad Foods Private Limited, NESTLÉ Anglo-Swiss Condensed Milk
Company (Export) Limited, Gopaljee Dairy Foods Private Limited, M/S Jai Durga
Trading Co., Britannia Industries Limited, Smc Foods Limited, among others. The
companies are involving themselves into research and development for the
methods of better quality, and various quality analysis tests to provide the
better products.
Years
considered for this report:
Historical
Years: FY2016 – FY2019
Base Year:
FY2020
Estimated Year:
FY2021
Forecast Period:
FY2022 – FY2026
Objective of the Study:
- To analyze the
historical growth of the market size of India Ghee market from FY2016 to
FY2019.
- To estimate and forecast the market size of India
Ghee market from FY2020 to FY2026 and growth rate until FY2026.
- To classify and forecast India Ghee market based on type, application,
distribution channel, and regional distribution.
- To identify dominant region or segment in the India
Ghee market.
- To identify drivers and challenges for India Ghee
market.
- To examine competitive developments such as
expansions, new product launches, mergers & acquisitions, etc., in
India Ghee market.
- To identify
and analyze the profile of leading players operating in India Ghee market.
- To identify key sustainable strategies adopted by
market players in India Ghee market.
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TechSci Research performed both
primary as well as exhaustive secondary research for this study. Initially,
TechSci Research sourced a list of manufacturers, suppliers, and service
providers across the country. Subsequently, TechSci Research conducted primary
research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufactures which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufactures,
distribution channels and presence of all major players across the country.
TechSci Research calculated the
market size of India Ghee market using a bottom-up approach, wherein data for various
end-user segments was recorded and forecast for the future years. TechSci
Research sourced these values from the industry experts and company
representatives and externally validated through analysing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Ghee manufacturers, end users, and other
stakeholders
- Distributers and suppliers of Ghee products
and services and other stakeholders
- Organizations, forums and alliances related
to Ghee market
- Market research and consulting firms
The study is useful in providing
answers to several critical questions that are important for the industry
stakeholders such as manufacturers, suppliers, end users, etc., besides
allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report,
India Ghee market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
- India Ghee Market, By Type:
- Cow Ghee
- Buffalo Ghee
- Others
- India Ghee Market,
By Application:
o Industrial
o Commercial
o Household
- India Ghee Market,
By Distribution Channel:
o Supermarkets/Hypermarkets
o Traditional
Grocery Stores
o Specialty Stores
o Online
o Others
- India Ghee Market,
By Region:
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in India Ghee market.
Available
Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
India Ghee Market is an
upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]