News

Rising dairy demand drives herd expansion in India

Cow Milk
Buffalo Milk
Dairy
India
Published Mar 9, 2023

Tridge summary

The expansion of India's dairy sector is driving the increase in herd numbers. Herd numbers have increased to 307.5 million heads this year, compared to 306.7 million heads in 2022.



FAS New Delhi has estimated that India's buffalo and beef production will rise 2% to 4.4 million metric tons (MMT), above last year's forecasts.



The production increase is attributed to increased demand for buffalo from India's export markets. Buffalo and beef consumption estimates for India for 2022 and 2023 have been revised to 2.9 MMT and 2.96 MMT, respectively.



Industry sources forecast buffalo exports to rise to 1.48 MMT in 2023, as reporting increased demand from Malaysian and Middle Eastern markets.



source: thecattlesite

Posted by T.C. Ministry of Commerce, General Directorate of Trade Research and Risk Assessment

Original content

The expansion of India's dairy sector is driving the increase in herd numbers. Herd numbers have increased to 307.5 million heads this year, compared to 306.7 million heads in 2022. FAS New Delhi has estimated that India's buffalo and beef production will rise 2% to 4.4 million metric tons (MMT), above last year's forecasts. The production increase is attributed to increased demand for buffalo from India's export markets. Buffalo and beef consumption estimates for India for 2022 and 2023 have been revised to 2.9 MMT and 2.96 MMT, respectively. Industry sources forecast buffalo exports to rise to ...
Source: Ticaret
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