The Dairy Sector: An Overview Of The Dairy Industry

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OVERVIEW OF THE DAIRY SECTOR
Milk has been recognized as a staple food for humans for thousands of years.
DAIRY SECTOR IN INDIA
• Dairy sector contributes 17% of the country’s total expenditure on food.
• Per capita milk consumption is around 276g per day.
• Dairy contributes to 16% of consumer spend on food -18% in urban, 15% in rural.
Milk procurement price has grown by about 2.5 times in the last decade. The market size for milk and milk products (formal + informal sector) is estimated INR 3.6 lakh crores.
• The organized market is growing at nearly 10 percent in value terms annually. Traditional dairy products account for about 50% of the total milk produced.
• Cow milk production is 46.57 million tones. Buffalo milk production is 57.96 million tones. No. of milk producing …show more content…

Although cow’s milk dominates in human nutrition, milk of water buffalo, goat, sheep, camel, and yak has an important role in several countries. South Asia, China, Egypt, and Philippines are the home of milk of water buffaloes. The market milk available in India and Pakistan contains a significant percentage of buffalo’s milk commingled with cow’s milk. The chemical composition and sensory attributes of milk of various species differ appreciably from each other but for man integral part of cultural ethos of the consumers. Accordingly, consumers in various parts of the world enjoy the attributes of mouth feel, flavor profile, texture, and appearance of the milk dominant in their countries.
World Milk Production
• US: Annual Milk Production in US is 83.42 billion litres in 2009 and government estimated the production of around 86.73billion litres in 2010.
• Key processed foods are Cheese, Milk Powders, Whey, Lactose and bulk milk.
• India, majorly imports Whey and Lactose.
• EUROPE: Europe’s milk production is estimated to reach 135 billion litres vis-à-vis 2009’s production of 134.75 billion

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