Indian Ghee Market Analysis by Industry Size, Share, Growth, Opportunity, Competitive Outlook and Research Report 2023-2028
According to IMARC Group’s latest report, titled “Ghee Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, the ghee market in India size reached INR 2,907 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 5,137 Billion by 2028, exhibiting a growth rate (CAGR) of 9.84% during 2023-2028. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.
Ghee, or clarified butter, is obtained by simmering and straining the butter to remove milk solids, resulting in a pure form of butterfat. The process involves slowly melting the butter until the water content evaporates and the milk solids settle to the bottom. The remaining golden liquid is then strained through a cheesecloth to remove any impurities. As compared with butter, it has a higher smoke point, making it ideal for cooking at high temperatures without burning. It is also an excellent source of healthy fats, including conjugated linoleic acid (CLA), which has anti-inflammatory and anti-cancer properties. Apart from this, ghee is high in butyrate, a short-chain fatty acid that supports gut health and reduces inflammation.
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Indian Ghee Market Trends:
In India, the rising product application in traditional cuisines for its unique flavor and nutritional benefits represents one of the key factors boosting the market growth. This is further bolstered by the surging product application in personal care products due to its antioxidant properties. In line with this, key market players are introducing premium ghee variants to expand their consumer base, which is accelerating the market growth. Moreover, the escalating consumer health consciousness, inflating consumer per capita income, and changing dietary patterns are providing a considerable thrust to the market growth in the country. Furthermore, the adoption of eco-friendly product packaging solutions and the easy availability of ghee through online and offline organized retail channels are projected to propel the market growth.
Ghee Market in India 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the Indian ghee market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players 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
Key Market Segmentation:
The report has segmented the Indian ghee market based on type, retail and institutional sales and region.
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
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- 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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