India: Dairy and Products Annual

  |   Attaché Report (GAIN)   |   IN2024-0049
FAS New Delhi forecasts India’s total milk production in 2025 to rise to 216.5 MMT, attributable to the growing herd size of animals in milk, increased government support for the dairy sector, the expected continuation of good weather, high milk prices, and an absence of a major disease outbreak. The forecasted growth in milk supply is expected to boost production of butter and nonfat dry milk (skim milk powder). Post forecasts these products to reach 7.2 MMT and 0.8 MMT, respectively. Demand-side factors including growing population, rising disposable income, and other physical factors are advancing the domestic consumption of fluid milk, butter, and SMP, which are forecasted to reach 91 MMT, 7.1 MMT, and 0.8 MMT, respectively. While fluid milk and butter exports are forecasted to rise to 0.03 MMT and 0.06 MMT, SMP exports are expected to remain largely unchanged.

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