India: The Champion of Dairy Product Consumption Growth!
When we analyse the total milk consumption in hashtag#India and divide it by the number of inhabitants, it becomes clear that hashtag#India is THE country set to experience the most significant increase in consumption. Here are some details about these figures:
Véronique Aguera
Senior Consultant Girafood - A Girag & Associates Company
Senior Consultant Girafood - A Girag & Associates Company
➡ Our estimates are based on the assumption that India’s total production is equivalent to its consumption, which is not entirely accurate given the country’s external trade dynamics. While hashtag#India's hashtag#dairy exports are currently limited, growth is expected for certain commodities. Nonetheless, the comparison with other regions still offers a reliable order of magnitude.
➡ Between 2024 and 2029, India’s per capita consumption is projected to grow at an estimated 3% per annum, overtaking China’s 2.3%, the USA’s mere 0.2%, and virtually stagnant in the EU. .
It is becoming increasingly evident that major industry players cannot afford to overlook India in their strategic planning!
Follow us to keep updated on the dynamic evolution of the dairy market in India!
Source
➡ Between 2024 and 2029, India’s per capita consumption is projected to grow at an estimated 3% per annum, overtaking China’s 2.3%, the USA’s mere 0.2%, and virtually stagnant in the EU. .
It is becoming increasingly evident that major industry players cannot afford to overlook India in their strategic planning!
Follow us to keep updated on the dynamic evolution of the dairy market in India!
Follow GIRA - A Girag & Associates Company to keep updated on the dynamic evolution of the dairy market in India!
Source
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