The dairy market in India size reached INR 14,899.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 31,185.7 Billion by 2028, exhibiting a growth rate (CAGR) of 13.2% during 2023-2028. Report Attribute Key Statistics Base Year 2022 Forecast Years 2023-2028 Historical Years 2017-2022 Dairy Industry in India Size in 2022 […]
The Global Dairy Trade (GDT) Pulse auction witnessed a subpar performance, causing concerns in the milk powder markets. Additionally, China’s trade data for the month revealed disappointing figures, further contributing to market unease. The GDT introduced skim milk powder (SMP) to its Pulse auction, with SMP values experiencing stabilization in September and a robust recovery
Fear and Volatility: GDT Pulse Auction Sends Shockwaves through Milk Powder Markets Read More »
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Jayen Mehta to lead Amul to Rs 1 Trillion by FY 26 Read More »
Slowing supply growth out of other major exporting regions has begun to shift the outlook within the global dairy market in recent weeks, as the impact of weaker commodity prices has flowed through to production responses. While this changed dynamic is supportive of dairy commodity prices, the strength of this rebound really will be determined
Inflation continues to curb global demand Read More »
Banas Dairy, the biggest diary of Gujarat, Saturday said it planned to invest Rs 2,100 crore in the state, stated an official release. A Memorandum of Understanding (MoU) in this regard will be signed by Banas during the Vibrant Gujarat summit held during January 10-12 next year. These investments are expected to create 1,094 new
Banas Dairy to invest Rs 2,100 crore in Gujarat, signs MoU Read More »
The continued decline in cow numbers combined with high temperatures last year resulted in a fractional fall in milk production in the EU during 2022, according to latest analysis. The latest Dairy Market Review published by the Food And Agriculture Organisation of the United Nations (FAO) highlights that a lack of rain and inflationary pressures
Milk production fell in the EU in 2022 – FAO Read More »
AMF index up 7.1%, average price US$5,310/MT Butter index up 2.9%, average price US$4,940/MT Ched index up 0.2%, average price US$3,858/MT LAC index up 0.2%, average price US$599/MT SMP index up 4.3%, average price US$2,659/MT WMP index up 4.2%, average price US$3,059/MT Buffalo milk 6.0% fat and 9 % SNF in Rs /kg Amul   Â
Global Dairy Trade Event 342 concluded with the GDT Price Index up 4.3% Read More »
The latest official Defra milk price for August is 36.22ppl at 4.17% fat and 3.37% protein, or 35.4p on a standard 4% fat, 3.3% protein standard litre Milk prices have continued to fall in October and November, with 10 processors reducing in October and another seven for November. Of those only Saputo has cut for
World milk market analysis and its impact on UK dairy market Read More »
As sustainability measures become a central, integral part of doing business, US dairy cooperatives and processors have taken varying approaches to reduce dairy’s environmental impacts throughout the value chain. Some cooperatives have emerged as leaders, while other companies rely instead on industry-driven guidance to implement change. Looking ahead, critical questions remain about how to fund
Rabobank lowers its 2023 milk production forecast. Milk production from the Big 7 export regions is anticipated to grow by 0.3% YOY in 2023. The downgrade from last quarter’s estimate of 0.5% is driven by reductions in most key global regions, including the US, EU, and New Zealand. Into 2024, output is expected to climb
Global Dairy Quarterly Q3 2023: Progressing Past the Pain Read More »
