IMARC Group, a leading market research company, has recently releases report titled “Ghee Market in India Report by Type (Cow Ghee, Desi Ghee), Retail and Institutional Sales (Retail, Institutional), and Region 2024-2032”. The India ghee market size reached INR 3,203 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 6,931 Billion by 2032, exhibiting a growth rate (CAGR) of 8.72% during 2024-2032.
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The growing health consciousness as well as a resurgence of traditional dietary practices are the factors responsible for the growth of the India ghee market. Additionally, the demand for ghee is escalating owing to its key nutritional benefits and cultural significance, and it is increasingly embraced as a healthy fat alternative. Furthermore, the proliferation of Ayurvedic practices has boosted the popularity of ghee, as it is a staple in many Ayurvedic recipes and treatments. Urbanization and higher disposable incomes have also contributed to the expansion of the market, as consumers are willing to spend more on premium and organic ghee products that promise superior quality and health benefits.
India Ghee Market Trends and Drivers:
Technological advancements and innovative marketing strategies are further propelling the growth of the ghee market in India. Manufacturers are investing in modern production techniques to ensure high-quality and pure ghee, free from additives and preservatives, catering to health-conscious consumers. Moreover, the advent of e-commerce platforms has revolutionized the market, making ghee products more accessible to a broader audience. In addition to this, online retailers and direct-to-consumer brands are leveraging digital marketing and social media campaigns to highlight the health benefits and traditional values associated with ghee.
The market is also positively impacted by packaging innovations, such as eco-friendly and convenient packaging, which enhance product appeal. Besides this, the rising trend of home cooking during the COVID-19 pandemic has further fueled the demand for ghee as more people explore traditional recipes and seek to incorporate healthier ingredients into their diets, which is anticipated to drive the India ghee market over the forecasted period.
India Ghee Market Segmentation:
Breakup by Type:
Cow Ghee
Desi Ghee
Breakup by Retail and Institutional Sales:
Retail
Institutional
Breakup by Region:
Karnataka
Maharashtra
Tamil Nadu
Delhi
Gujarat
Andhra Pradesh and Telangana
Uttar Pradesh
West Bengal
Kerala
Haryana
Punjab
Rajasthan
Madhya Pradesh
Bihar
Orissa
Comeptitive Landscape:
The report has provided a comprehensive analysis of the competitive landscape in the ghee market in India. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Gujarat Co-operative Milk Marketing Federation Ltd
Mother Dairy Fruits and Vegetables Pvt. Ltd.
SMC Foods Limited
Bhole Baba Dairy Industries Ltd.
Rajasthan Cooperative Dairy Federation Ltd (RCDF)
Parag Milk Foods Ltd.
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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