According to the latest report by IMARC Group, titled “Dairy Industry in Bihar: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” The Bihar dairy market reached a volume of 5.32 Million Tons in 2021. Looking forward, the market is expected to reach 7.01 Million Tons by 2027, exhibiting at a CAGR of 4.5% during 2022-2027.
The dairy industry involves the production and processing of animal milk for human consumption. The milk is generally obtained from goats, cows, sheep, and buffalos, which is further used to prepare multiple dairy products. These products are a rich source of essential nutrients, such as calcium, proteins, vitamins, zinc, and magnesium, that help in maintaining dental and bone health. Apart from this, their consumption aids inimproving the natural balance of the gut microbiota that results in strong metabolism and immune system, thereby providing a boost to the sales of dairy products across Bihar
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Download free sample brochure:https://www.imarcgroup.com/dairy-industry-bihar/requestsample
Dairy Industry in Bihar Market Trends:
The dairy industry in Bihar is primarily driven by the rising funding and investments by the public and private agencies in order to upgrade the existing dairy infrastructure. In line with this, numerous initiatives undertaken by the state government to support the dairy industry by introducing fiscal reliefs to farmers are providing an impetus to the market growth. Moreover, the increasing health-consciousness among the masses and the rising preference to lead a healthy lifestyle have led to the growing consumption of dairy productsacross the state, which is creating a positive outlook for the market. Along with this, various technological advancements,such as the introduction of mobile applications that provide pertinent information regarding dairy farming, are also driving the market toward growth. Rapid digitization and the rising penetration of high-speed internet connectivity across Bihar are positively influencing the market growth further. Some of the other factors contributing to the market growth include continuous improvements in the e-commerce sector and the easy availability of cattle dietary products across the state.
- Based on the product type, the market has been segmented into liquid milk, ghee, curd, paneer, ice-cream, table butter, skimmed milk powder, frozen/flavored yoghurt, fresh cream, lassi, butter milk, cheese, flavored milk, UHT milk, dairy whitener, sweet condensed milk, infant food, and malt based beverages. Among these, liquid milk accounts for the largest market share in Bihar.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Inquire before buying: https://www.imarcgroup.com/request?type=report&id=756&flag=F
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800