1、DAIRY SECTOR Largest milk producer in the worldCURRENT SCENARIOThe Indian Dairy Industry is expected to grow to USD 380 Bn by 2028 from USD 182 Bn in 2022,exhibiting a growth rate(CAGR)of 13.2%during 2023-2028Largest producer of milk,makes upto 23%of the worlds milk annuallyQuantum of milk produced:
2、146.3 MMT in 2014-15 to 210 MMT in 2020-21Per capita consumption of milk:307 gm/day in 2008-14 to 427 gm/day in 2020-211.Exported 108,711.27 MT dairy products,worth USD 392 million in 2021-22Dairy Industry:employs approximately 80 million peopleTop 5 milk producing states:Uttar Pradesh(31.35 MMT),Ra
3、jasthan(30.72 MMT),Madhya Pradesh(17.99 MMT),Gujarat(15.85 MMT)&Andhra Pradesh(14.71 MMT)Top 5 Export destinations in 2021-22-Bangladesh,UAE,Bahrain,Malaysia,and Saudi Arabia2.2DAIRY SECTOR1.Annual report DAHD,20212.Apeda agriexchangeGROWTH DRIVERSURBANIZATION:Increasing rate of urbanization from 34
4、%to 37%by 2025.CONDUCIVE GOVERNMENT POLICIES:Investor friendly government schemes like Animal Husbandry Infrastructure Development Fund(AHIDF),and Dairy Infrastructure Development Fund(DIDF).DISPOSABLE INCOME:Increase in per capita disposable income-USD 1,381 in FY 16 to USD 1981 in FY 20 at a CAGR
5、of 7.5%has increased demand.STRINGENT QUALITY:FSSAI guidelines harmonised with global standards.INCREASING CONSUMER BASE:The proportion of Indian populace in the age group of 15-65 years increased from 55.4%in 1991 to 67.45%in 2022 and Indian median age is 28.4 years.123453INVEST INDIAKEY SEGMENTSMI
6、LKLIQUID MILKTarget to achieve liquid milk production capacity of 300 MMT by 2024-2025.Share of organized milk projected to grow by 27%from 23%in 2019 to 50%in 2025.Investments in technologies like Bulk Milk Coolers(BMC)can be encouraged to reduce time taken to collect milk as well as in high pressu