Dairy Industry Kerala Outlook, Growth & Demand Forecast 2025-2033

The Dairy Industry in Kerala was valued at INR 627.8 Billion in 2024 and is projected to reach INR 1,904.4 Billion by 2033. The market is expected to grow at a CAGR of 12.47% during the forecast period 2025-2033. Key dairy products include liquid milk, ghee, curd, paneer, and cheese among others, with liquid milk currently holding the majority of the market share. The report presents a thorough review featuring the dairy industry in Kerala outlook, share, trends, and research of the industry.

STUDY ASSUMPTION YEARS

• Base Year: 2024
• Historical Year/Period: 2019-2024
• Forecast Year/Period: 2025-2033

DAIRY INDUSTRY IN KERALA MARKET KEY TAKEAWAYS

• Current Market Size: INR 627.8 Billion in 2024
• CAGR: 12.47%
• Forecast Period: 2025-2033
• The Kerala dairy market comprises mainly cow and buffalo milk production.
• Liquid milk is the largest product segment in the market.
• Fastest growing product segments include frozen/flavoured yoghurt, cheese, UHT milk, flavoured milk, and butter milk.
• Major companies include Milma (Kerala Cooperative Milk Market Federation Limited), Malanadu, PDDP, and Jeeva.
• COVID-19 influenced a shift from traditional retail to online dairy product purchases.

Sample Request Link: https://www.imarcgroup.com/dairy-industry-kerala/requestsample

MARKET TRENDS

The Kerala dairy market size stood at INR 627.8 Billion in 2024 and is forecast to grow to INR 1,904.4 Billion by 2033, representing a CAGR of 12.47% during 2025-2033. This trend reflects the increasing consumer demand and expansion of dairy product varieties. Liquid milk remains the dominant segment, accounting for the majority of the market share.

Consumer preferences are shifting, partly due to the impact of COVID-19, which urged consumers towards online purchasing of dairy goods instead of traditional brick-and-mortar channels. This behavioral change has accelerated digital retail growth in the region.

Product innovation and diversity have supported market expansion, with notable growth in frozen/flavored yoghurt, cheese, UHT milk, flavored milk, and butter milk segments. These segments are gaining traction among Kerala's consumers, driving overall market growth.

MARKET GROWTH FACTORS

Continuous development and expansion of the milk procurement network have been key facilitators of growth in Kerala’s dairy industry. The efficient procurement strategies ensure the widespread availability of fresh and processed dairy products across the state.

The variety and availability of dairy product variants, such as frozen/flavoured yoghurt, cheese, UHT milk, and flavoured milk, contribute significantly to industry growth by appealing to a broad consumer base seeking diverse dairy choices.

Furthermore, the market's projected CAGR of 12.47% during 2025-2033 is bolstered by increasing consumer inclination to purchase premium and convenience dairy products, systematic expansion of cooperative dairy societies, and intensified market penetration by established players like Milma and Malanadu.

Speak To an Analyst For a Customized Report

MARKET SEGMENTATION

Product Type

• Liquid Milk: Represents the largest product segment with the majority market share.
• Ghee: An essential dairy fat product used in cooking and religious ceremonies.
• Curd: Popular fermented dairy product consumed widely in Kerala.
• Paneer: Fresh cheese used in cooking, gaining in consumer popularity.
• Ice-Cream: A growing segment catering to the dessert market.
• Table Butter: Commonly used dairy spread.
• Skimmed Milk Powder: Used as a dairy ingredient in various applications.
• Frozen/Flavoured Yoghurt: One of the rapidly growing segments providing value-added products.
• Fresh Cream: Used in cooking, baking, and desserts.
• Lassi: Traditional buttermilk-based drink popular in the region.
• Butter Milk: A fermented dairy beverage; growth noted in consumer demand.
• Cheese: Growing market segment due to increased demand for processed cheese products.
• Flavoured Milk: Popular dairy drink variant.
• UHT Milk: Long-life milk product with significant growth.
• Dairy Whitener: Used as a milk substitute or additive.
• Sweet Condensed Milk: Used in desserts and confectioneries.
• Infant Food: Specialized dairy products for infants.
• Malt Based Beverages: Nutritional dairy-based beverages targeting health-conscious consumers.

Each segment is analyzed in detail for current value, volume trends, market share, and forecast.

REGIONAL INSIGHTS

The report primarily focuses on the Kerala region, which is the dominant area for the dairy industry discussed. The Kerala dairy market is projected to grow to INR 1,904.4 Billion by 2033 at a CAGR of 12.47% during 2025-2033. This growth is driven by the production of cow and buffalo milk and the development of diverse dairy products tailored to regional tastes.

KEY PLAYERS

• Milma (Kerala Cooperative Milk Market Federation Limited)
• Malanadu
• PDDP (Peoples Dairy Development Project Central Society)
• Jeeva

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

Get Your Customized Market Report Here

ABOUT US

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

CONTACT US

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91-120-433-0800,

United States: +1-20-971-6302