Top India’s Milk Trends, Top Key Players, Production, Growth, Revenue, Trends, Price and Scope Analysis By Spherical Insights and Consulting.

RELEASE DATE: Dec 2023 Author: Spherical Insights Request Free Sample

India's Milk Market Forecast


India’s Milk Production, Growth, Revenue, Trends, and Scope Analysis By Spherical Insights and Consulting.

  • Revenue in the Milk market amounts to US$66.41bn in 2023. The market is expected to grow annually by 6.91% (CAGR 2023-2028).
  • In global comparison, most revenue is generated in India (US$66bn in 2023).
  • In relation to total population figures, per person revenues of US$46.78 are generated in 2023.
  • In the Milk market, volume is expected to amount to 78.27bn kg by 2028. The Milk market is expected to show a volume growth of 2.2% in 2024.
  • The average volume per person in the Milk market is expected to amount to 49.6kg in 2023.


India is the highest milk producer and ranks first position in the world contributing 24% of global milk production in the year 2021-22. The milk production of India has registered 61% increase during the last eight years i.e., during the year 2013-14 and 2021-22 and increased to 221.1 Mn Tonnes in the year 2021-22.


The evolution of India's dairy sector and the notable role played by dairy cooperatives since the launch of Operation Flood are inextricably linked to the country's remarkable post-independence growth story. According to production data from the Food and Agriculture Organization Corporate Statistical Database (FAOSTAT), India is the world's largest milk producer, accounting for 24% of global milk production in 2021-22. The Indian dairy industry makes 5% to the national economy and employs over 8 crore farmers directly. Uttar Pradesh, Maharashtra, Himachal Pradesh, Madhya Pradesh, Rajasthan, Punjab, and Tamil Nadu are the top producers in India. According to Ministry of Food Processing Industries (MOFPI), Uttar Pradesh produces the most milk in India, accounting for approximately 18% of total milk production, with Rajasthan, Andhra Pradesh, Gujarat, and Punjab contributing 11%, 10%, 8%, and 7%, respectively. Furthermore, the government has undertaken several initiatives for the development of the dairy industry in India, including the Rashtriya Gokul Mission, the National Dairy Development Board (NDDB), State Cooperative Dairy Federations, the National Programme for Dairy Development (NPDD), and the Dairy Entrepreneurship Development Scheme (DEDS). Various government schemes, such as the National Mission for Bovine Productivity, have been implemented to support dairy farmers. Financial incentives, training programs, and infrastructural development initiatives have further stimulated the growth of the dairy sector.


India's dairy industry stands as a beacon of success, demonstrating how a combination of traditional agricultural practices and modern innovations can lead to remarkable growth. The nation's milk production has experienced a transformative journey, turning it into one of the largest producers of milk globally. This blog explores the factors driving India's milk production, the challenges faced by the dairy sector, and the socio-economic impact on farmers and the nation at large. Modern agricultural practices and technology adoption have played a pivotal role in enhancing productivity. From improved animal nutrition to advanced healthcare practices, technology has been leveraged to optimize dairy farming processes.


India has a rich tradition of dairy farming deeply embedded in its agricultural heritage. Historically, indigenous cattle breeds like Gir, Sahiwal, and Red Sindhi were predominant, providing milk for sustenance. However, it was in the 20th century that significant changes occurred, primarily due to the efforts of the National Dairy Development Board (NDDB) and its Operation Flood initiative. The success of dairy cooperatives has led to the development of rural infrastructure. From milk collection centers to processing units, these cooperatives have become hubs of economic activity in rural areas. Central to India's milk revolution is the cooperative movement. Organizations like Amul, founded by the Gujarat Cooperative Milk Marketing Federation (GCMMF), have become synonymous with success. These cooperatives provide a platform for farmers to collectively process, market, and sell their milk, ensuring fair returns and eliminating middlemen.


Ensuring the quality of milk remains a challenge, with issues such as adulteration and contamination. Strengthening quality control measures is essential to maintain consumer trust and safety. The environmental impact of large-scale dairy farming, including water usage and greenhouse gas emissions, poses sustainability challenges. Implementing eco-friendly practices is crucial for the long-term viability of the sector. India's journey in becoming a global leader in milk production is a testament to the transformative power of collaborative efforts, innovative solutions, and the resilience of its farmers. The success of the dairy sector goes beyond mere economic indicators; it reflects a story of empowerment, nutritional security, and rural development. As India continues to strive for sustainable growth, the lessons learned from the dairy industry can serve as a blueprint for other sectors seeking inclusive and holistic development.


List of Milk Production Companies and Federation In India:

  • Creamline Dairy Products (Jersey Dairy)
  • Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF)
  • Karnataka Cooperative Milk Producers Federation Limited
  • Kwality Milk Foods Ltd
  • Milk food Limited
  • Parag Milk Foods
  • Punjab State Cooperative Milk Producers Federation Ltd
  • Rajasthan Cooperative Dairy Federation Ltd
  • Schreiber Dynamix Dairies
  • Tamil Nadu Cooperative Milk Producers Federation Ltd
  • Telangana State Dairy Development Cooperative Federation
  • Bihar State Co-operative Milk Producers Federation Ltd.


1.Creamline Dairy Products (Jersey Dairy)

Creamline Dairy Products Limited (CDPL) is the largest private dairy company in Southern India, with operations in Telangana, Andhra Pradesh, Tamil Nadu, Karnataka, and Maharashtra. Their products are marketed under the 'Jersey' brand. Since its inception in 1986, the company has consistently grown under the visionary leadership of its directors, an efficient operating team, the unwavering efforts of a dedicated workforce, and the rich legacy of the 120-year-old Godrej group.


Annual Revenue of Creamline Dairy Products:

Revenue Year


Revenue (2020-21)

1,032.30 Crore

Revenue (2021-22)

1,175.10 Crore


2. Kwality Milk Foods Ltd

Kwality Milk Foods Ltd began as a small factory in Kanchipuram in 1995. It all started with the marketing of pouched liquid milk under the brand name ANANYA. The journey continued with the expansion of its plant capacity for a wide range of products and the addition of the SONA brand around 2007. KMFL has grown to become one of the leading dairies in South India, supplying milk to Chennai and its surrounding areas.


Annual Revenue of Kwality Milk Foods Ltd:

Revenue Year


Revenue (2021)

120.86 Crore

Revenue (2020)

151.23 Crore


3. Milk Food Limited:

Milkfood Limited, founded in 1973, is based in Patiala, the heart of a milk-producing region. It is a subsidiary of the Jagatjit Group of Industries, with headquarters in Hamira, Punjab, and a corporate office in the National Capital, Delhi. Milkfood Limited has ultramodern machinery, plant engineering by experts in the dairy industry, fully automated and PLC controlled plants, and a fully equipped integrated laboratory dedicated to R&D and continuous product line improvement.


Annual Revenue of Milk Food Limited:

Revenue Year


Revenue (2021-22)

31,935/- lakhs

Revenue (2020-21)

36,830/- lakhs


4. Parag Milk Foods

Founded in 1992, Parag Milk Foods Ltd is one of India's elite private sector dairy companies, with a diverse portfolio in over 15 consumer-centric product categories. They take pride in being the best global source of expertise and scientific knowledge in support of the development and promotion of high-quality cow's milk and milk products that provide nutrition, health, and well-being to consumers. Their goal is to identify, elaborate, and disseminate best practices across all of their infrastructures, which include global-standard dairy farms, a modern fully automated cheese plant with cutting-edge technology, a ghee plant with traditional methods of making ghee like at home, and a UHT milk processing plant using the best equipment from a leading plant equipment manufacturer. They produce truly international-quality goods under internationally recognized brand names such as Gowardhan, Go, Topp Up, and Pride of Cows. Its product portfolio includes ghee, fresh milk, skim milk powder, whole milk powder, paneer, an assortment of processed and natural cheese, cheese spreads, butter, dahi, dairy whitener, and gulab jamun mix under the brand names 'Gowardhan' and 'Go', all made from 100% fresh cow milk. Pride of Cows is a brand of fresh farm-to-table milk, and Topp Up is a flavored milk available in a variety of flavors. 


Annual Revenue of Parag Milk Foods:

Revenue Year

Revenue (in Million)

Revenue (2023)


Revenue (2022)



5. Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF):

Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) is a dairy product manufacturer and distributor. Butter, sweets, milk, fresh cream, milk powders, ghee, bread spreads, and curd are among the products offered by the company.  GCMMF collects milk from village milk cooperative societies and sells it through a network of sales offices, dealers, and retailers under the Amul and Sagar brands. It owns and operates retail parlors in cities throughout India, including Ahmadabad, Baroda, New Delhi, Bengaluru, Hyderabad, Mumbai, and Surat. Products are exported to the United States, Singapore, Japan, the Philippines, China, Australia, and Gulf countries. GCMMF is based in Anand, Gujarat, India.


6. Karnataka Cooperative Milk Producers Federation Limited

The Karnataka Cooperative Milk Producers' Federation Limited (KMF) is the state's apex body for the dairy cooperative movement. It is the country's second largest dairy cooperative after the National Dairy Cooperative. It is the market leader in both procurement and sales in South India. Marketing Milk and Milk Products is one of the Federation's primary functions. The "Nandini" brand is synonymous with pure and fresh milk and milk products.


7. Punjab State Cooperative Milk Producers Federation Ltd

The Punjab State Cooperative Milk Producers' Federation Limited, or MILKFED, was founded in 1973 to promote dairy farming in the state. The Federation's primary goal was to provide a remunerative market for the state's milk producers through value addition and effective marketing of the product. The other goal was to provide technical inputs to milk producers in order to improve milk production. 


About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 



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