Cream Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023

Cream is a dairy product which is used to give a smooth texture and consistency to food products.

Nowadays, it is widely used in the preparation of various dishes, desserts and beverages such as ice-creams, salads, sweet meals, tea, coffee, etc. A recently released report by IMARC Group, titled “Cream Market in India : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, critically examines the Indian cream market. The report finds that the market reached a value of around INR XX Billion in 2017, exhibiting a CAGR of 13% during 2010-2017. The healthy growth of the market can be attributed to numerous forces. Rising population, increasing incomes, expanding application in the food and beverage industry represent some of the major growth driving factors.

According to the report, the market is further expected to reach a value of INR 8 Billion by 2023, growing at a CAGR of XX% during 2018-2023.

The report has examined the Indian Cream Market in 15 major states:
Maharashtra
Uttar Pradesh
Andhra Pradesh
Tamil Nadu
Gujarat
Rajasthan
Karnataka
Madhya Pradesh
West Bengal
Bihar
Delhi
Kerala
Punjab
Orissa
Haryana

For each of the states, the report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast. Currently, Maharashtra represents the largest market, accounting for nearly XX% of the total share. It is followed by Gujarat and Delhi. The competitive landscape of the Indian cream market has also been covered in this report. Some of the prominent players operating in the market include GCMMF, Mother Dairy and Parag Milk Foods.

The study gives an in-depth analysis of the cream market landscape in India, covering the current, historical and future trends for cream production along with its prices. The report also offers SWOT, Value Chain and Porter’s Five Forces analysis of the Indian cream market along with breakup by segment, region, and an analysis of the competitive landscape. The study is based on both desk research and multiple waves of qualitative primary research. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian cream market in any manner.