According to the latest report by IMARC Group, titled, “Orissa Dairy Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026″, the Orissa dairy market expected to to grow at a CAGR of 14% during 2021-2026.
Orissa is situated in the eastern region of India and currently represents one of the largest dairy markets in the country. The majority of the milk in Orissa is sourced from cows and buffalos. Dairy producers in the state have made significant advancements in their production processes, supported by various initiatives undertaken by the Government of India (GoI).
The growth of the Orissa dairy industry can be attributed to the lower wage rates and lower land costs, which have enabled farmers to produce milk at affordable prices. The availability of cheaper feed and grazing land in the state is also contributing to reducing production costs of milk. Moreover, the Orissa State Cooperative Milk Producers’ Federation Limited (OMFED) is promoting, producing, procuring, processing and marketing dairy products for the economic development of the rural farming community in the state. Along with this, the inclusion of Orissa in the National Dairy Plan (NDP) of the National Dairy Development Board (NDDB), is further fueling the market growth.
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Orissa Dairy Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis of Product Type.
- Liquid milk
- Ghee
- Curd
- Paneer
- Ice-cream
- Table butter
- Skimmed milk powder
- Frozen/flavoured yoghurt
- Fresh cream
- Lassi
- Butter milk
- Cheese
- Flavoured milk
- UHT milk
- Dairy whitener
- Sweet condensed milk
- Infant food
- Malt based beverages
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