Business growth

Dairy Industry in Bihar Business Growth, Development Factors and Growth Analysis 2022-2027

According to the latest report by IMARC Group titled “Bihar Dairy Industry: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027”, offers an in-depth analysis of the Bihar dairy market. The state is currently the tenth largest milk production in bihar. According to the report, the Bihar dairy products market reached a volume of 5.32 million tons in 2021. Going forward, the market is expected to reach 7.01 million tons by 2027 with a CAGR of 4 .5% in 2022-2027.

Dairy Industry in Bihar Definition and Application:

The dairy industry includes the production and processing of animal milk for human consumption. Milk is usually obtained from goats, cows, sheep and buffaloes, which is then used to prepare several dairy products. These products are a rich source of essential nutrients, such as calcium, protein, vitamins, zinc and magnesium, which help maintain dental and bone health. Apart from this, their consumption helps to improve the natural balance of gut microbiota, which results in strong metabolism and immune system, thus boosting sales of dairy products across Bihar.

We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

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Bihar Dairy Market Trends and Drivers:

Bihar’s dairy industry is mainly driven by increased funding and investment from public and private bodies to upgrade the existing dairy infrastructure. With this in mind, numerous initiatives taken by the state government to support the dairy industry by introducing tax breaks for farmers are giving impetus to the growth of the market. Additionally, the growing health consciousness among the masses and growing preference for leading a healthy lifestyle has led to an increasing consumption of dairy products across the state, which creates a positive outlook for the market. Along with this, various technological advancements such as the introduction of mobile applications that provide relevant information about dairy farming are also pushing the market towards growth. Rapid digitalization and increasing penetration of broadband internet connectivity in Bihar is positively influencing the growth of the market. Some of the other factors contributing to the growth of the market include continuous improvements in the e-commerce sector and the easy availability of cattle diet products across the state. Due to the aforementioned factors, the market is expected to reach a volume of 7.01 million tons by 2027, growing at a CAGR of 4.5% during the forecast period (2022-2027).

Ask the analyst and browse the full report with table of contents and list of figures: https://www.imarcgroup.com/request?type=report&id=756&flag=C

Market summary:

  • liquid milk
  • Ghi
  • cottage cheese
  • bread
  • Ice cream
  • table butter
  • skimmed milk powder
  • Frozen/flavored yogurt
  • Fresh cream
  • Lassi
  • Buttermilk
  • Cheese
  • flavored milk
  • UHT milk
  • Dairy coloring
  • Sweetened condensed milk
  • baby food
  • Malt drinks

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

  • Sudha
  • Anuj Dairy
  • Ganga dairy products
  • Amul

Other related reports:

Dairy Processing Equipment Market Report: https://www.imarcgroup.com/dairy-processing-equipment-market

Indian Dairy Whiteners Market Report: https://www.imarcgroup.com/dairy-whitener-market-in-india

India Dairy Industry Database: https://www.imarcgroup.com/indian-dairy-industry-database

Madhya Pradesh Dairy Market Report: https://www.imarcgroup.com/dairy-industry-madhya-pradesh

Rajasthan Dairy Market Report: https://www.imarcgroup.com/dairy-industry-rajasthan

Punjab Dairy Market Report: https://www.imarcgroup.com/dairy-industry-punjab

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