India: Predictions for the dairy industry in 2023

Published Dec 12, 2022

Tridge summary

India is projected to become the most populous country globally by 2027, with a growing population driving demand for milk and dairy products. The country's fluid milk production is expected to increase by 2% to 207 million tonnes by 2023, with buffalo milk being preferred due to its higher fat content. India imports various dairy products, primarily albumin, lactose, and casein, with the US and the Netherlands being major suppliers. The government is working to increase organized milk production from the current 20-21% to 50% by 2023-2024 to reduce imports and improve farmers' incomes.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the United Nations, by 2027 India is expected to overtake China as the most populous country in the world. India's per capita milk consumption of 427 grams per day already exceeds the world average of 305 grams per day. An important driver of fluid milk consumption is demographics. About a third of the country's population is under the age of 14, an age group inclined to consume higher amounts of milk. India's growing population, along with rapid urbanization and better incomes, are driving demand for milk and dairy products. milk production Forecasts by Foreign Agricultural Services (FAS) New Delhi of the US Department of Agriculture (USDA) are that India's fluid milk production in 2023 will increase by almost 2% to 207 million tonnes, assuming a normal season. monsoon season in the southwest of the country (June to September). Approximately 500 million Indians depend on livestock farming. Most are small-scale, marginal producers, with 95% of India's dairy farmers ...

Source: Milkpoint