India, renowned for its spices and vibrant culture, is emerging as a formidable competitor in the global dairy industry. Surprisingly, India holds the title of the world's largest milk producer, churning out nearly 230 million tonnes annually—surpassing the entire European Union's production. In this article, we delve into the prospects of dairy products export from India, examining export data, key exporters, and the profitability of this burgeoning sector.
Is Dairy Products Export from India Profitable?
Dairy Products Export from India is a highly profitable venture due to the country's substantial production capacity and cost-effective methods. The Indian dairy industry provides direct employment to over 80 million people, contributing significantly to the economy. Indian dairy products are in high demand internationally due to their health benefits and unique flavors.
To maintain profitability in the global market, Indian exporters must meet international quality standards, adopt efficient logistics, and minimize production costs. These steps are crucial to securing a high-profit margin in the competitive international dairy market.
Dairy Products Export Data: 2023-24
According to Dairy Products Export data, India's dairy products export in 2023-24 amounted to INR 2,260.94 crores (approximately $272.65 million), with a total export volume of 63,738.47 metric tonnes. Milk, the most produced and exported dairy product, saw an export volume of 10,000 metric tonnes in 2023.
In 2023, India shipped dairy products in 29.5k consignments, with 2,509 Indian exporters catering to 3,204 international buyers. Despite being a major milk producer, India's contribution to global dairy exports is just 0.25%, mainly due to high domestic consumption.
Dairy exports contribute around 2.5% to India's GDP and 20% to the agricultural GDP. Ghee and butter lead the export categories, accounting for 59.32% of the total dairy exports, followed by milk powder (27%) and cheese (11%).
List of Dairy Products Exported from India
Here are some of the major Dairy Products Export from India along with their HS Codes:
Fresh Butter (HS Code-040510)
Butter Oil (HS Code-04059010)
Buttermilk (HS Code-04059010)
Milk (HS Code-0401)
Ghee (HS Code-04059020)
Khoya (HS Code-0402)
Cheddar Cheese (HS Code-04069021)
Cottage Cheese (HS Code-04061000)
Skimmed Milk Powder (HS Code-04021010)
Yogurt (HS Code-04031000)
Indian dairy products have a significant presence in the international market. Many of these products are unique to India and enjoy high demand globally. For a detailed list and statistics on dairy products export from India, visit Eximpedia.app.
Top 10 Dairy Products Exporters in India
India boasts numerous prominent dairy exporters. Here is the list of the top dairy products exporters in India:
Anand Milk Union Limited (AMUL)
Mother Dairy Fruit and Vegetable Private Limited
Britannia Industries Limited
Everest Global
Jaguar Overseas Limited
Kejriwal Bee Care India Private Limited
Tetra Pak India Pvt Ltd
Rio Foods Global Venture
Bajaj Herbals Limited
Elite Green Pvt Ltd
These exporters are pivotal in meeting the rising global demand for Indian dairy products. For more information on top dairy product exporters in India, explore Eximpedia.app.
Top 10 Dairy Products Exporting Countries
The global dairy export market is dominated by the following countries:
Germany - USD 13.54 Billion
Netherlands - USD 12.92 Billion
New Zealand - USD 12.20 Billion
France - USD 8.55 Billion
USA - USD 6.66 Billion
Italy - USD 6.13 Billion
Belgium - USD 5.81 Billion
Ireland - USD 4.35 Billion
Poland - USD 3.80 Billion
Denmark - USD 3.28 Billion
While India is a leading dairy producer, it lags behind these countries in export volume. Indian exporters can enhance their global footprint by optimizing resources and leveraging detailed export data from Eximpedia.app.
Top Export Destinations for India’s Dairy Products
The primary importers of Indian dairy products include:
United Arab Emirates: In 2023, dairy exports to the UAE were valued at $92 million, primarily including eggs, honey, butter, and butter oil.
Bangladesh: The largest importer of Indian milk powder, Bangladesh also imports cream, cheese, and milk.
United States of America: Dairy exports to the USA in 2023 were valued at $33 million, with 29,260 Indian exporters catering to 19,000 buyers.
Saudi Arabia: Imported $28 million worth of dairy products from India in 2023, mainly eggs, honey, and cheese.
Bhutan: In 2023, Bhutan imported $137 million worth of dairy products, including whey and other milk products.
These countries represent significant markets for Indian dairy exports. For more insights, access Eximpedia.app's comprehensive export data.
How to Find Dairy Products Buyers?
Finding the right buyers is crucial for successful dairy exports. Eximpedia.app offers real-time global trade data, including contact details of major dairy product buyers. This allows exporters to connect with potential buyers swiftly and efficiently.
Conclusion
The Indian dairy industry is growing steadily at a 7% CAGR, driven by government initiatives and support. With proper planning and strategic market targeting, Dairy Export from India can be highly profitable. Exporters seeking to maximize their market potential can benefit from Eximpedia.app's extensive trade data, ensuring access to genuine buyers and comprehensive market insights.
Eximpedia.app provides accurate, real-time data from authorized sources. Contact us for more information and take your dairy export business to new heights. To schedule a free live demo, connect with us today.
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