Opportunities for small entrepreneurs
Dairy market in India is quite huge and according to an estimate the unorganized milk and milk product market is about Rs 470 billion while the market for processed organized dairy segment is only Rs 10000 crores. The market is currently growing at round 5% pa in volume terms. There is an impressive level of processing i.e. 22% in organized sector. The dairy exports in 2007–08 rose to US$ 210.5 million against US$ 113.57 last fiscal, whereas the domestic dairy sector is slated to cross US$ 108 billion in revenues by 2011. India with its population of more than 1 billion and diverse food habits, cultures, tradition and religions, offer great market for milk and milk products. Milk products with well defined quality characteristics and packaged in attractive containers can be marketed at different places. Most dairy food delicacies are value added products generating high profits. The milk products produced include curd, ghee, khoa, chhana, paneer, shrikhand , milk powder, whitener ,condensed milk, malted milk food, ice cream and a variety of milk sweets, some of which are now produce d by the organized dairy industries as well, are major value added products from the Indian dairy sector. The market for traditional dairy products in India is estimated to be US $ 10 billion, being the largest and fastest growing segment of the Indian dairy industry.
Dairy market in India is quite huge and according to an estimate the unorganized milk and milk product market is about Rs 470 billion while the market for processed organized dairy segment is only Rs 10000 crores. The market is currently growing at round 5% pa in volume terms. There is an impressive level of processing i.e. 22% in organized sector. The dairy exports in 2007–08 rose to US$ 210.5 million against US$ 113.57 last fiscal, whereas the domestic dairy sector is slated to cross US$ 108 billion in revenues by 2011. India with its population of more than 1 billion and diverse food habits, cultures, tradition and religions, offer great market for milk and milk products. Milk products with well defined quality characteristics and packaged in attractive containers can be marketed at different places. Most dairy food delicacies are value added products generating high profits. The milk products produced include curd, ghee, khoa, chhana, paneer, shrikhand , milk powder, whitener ,condensed milk, malted milk food, ice cream and a variety of milk sweets, some of which are now produce d by the organized dairy industries as well, are major value added products from the Indian dairy sector. The market for traditional dairy products in India is estimated to be US $ 10 billion, being the largest and fastest growing segment of the Indian dairy industry.
Opportunities for
small entrepreneurs:
- Milk production
- Setting up milk processing units
- Supplying equipment and machinery to dairy plants
- Ancillary unit supplying packaging materials
- Supply spare parts and consumables
- Supply of fuel
- Transportation and distribution of milk
- Maintaining cold chains
- Production of value added milk products which are used as base material for other food products
- Fodder supply and processing unit
- Clean Milk production
- Organic milk production
No comments:
Post a Comment