The legacy of milk consumption in India is unique. A glass of milk in India goes from sehat (health) to suhaag raat (wedding night). India, which accounts for 1/5th of global milk production, is the world’s largest producer of milk. According to the latest report by IMARC group, dairy market reached a value of Rs. 11,360 billion in 2020 and is expected to cross Rs. 21,971 billion by 2024.
However, it would be incorrect to state that the lockdown and the pandemic have left the dairy industry unaffected. The lock down and the pandemic have affected all industries, including the dairy industry. Milk, a commodity which is supposed to be the life blood of the country, consumed not only in its natural format but also in value added dairy products, was adversely affected too.
A part of this effect was due to the lock down of the restaurants, hotels, sweet marts and the unorganized food stalls. The milk consumption fell by 25-30% during April-May 2020, due to the adverse effect of the lockdown. Gujarat-based Amul claimed that lockdown had resulted in 25% drop in demand. R.S. Sodhi, Managing Director, Amul, has stated that the exodus of migrant workers, from places like Delhi, Ahmedabad, Surat, et al., back to their villages would have an impact on the demand.
Pandemic Problems
The restrictive measure imposed by various countries for controlling the pandemic has given a jolt to the global economy. Since dairy is one of the most vulnerable sectors the disruptions caused by restrictive measures is expected to have repercussions on the industry.
Esta historia es de la edición December - January 2021 de Bakery Review.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December - January 2021 de Bakery Review.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
My Approach is Both Strategic and Creative, Aiming to Inspire and Innovate
Ravi Rawat is the newly appointed Assistant Pastry Chef at Sheraton Grand Bengaluru Whitefield Hotel and Convention Center.
The Freezer Aisle Secret: Why Frozen Vegetables Might Be Your New Go-To
We often buy vegetables from local vendors, but how much do we really know about their origin and safety? Fresh produce has long been seen as the pinnacle of healthy eating, but there's a surprising contender: Frozen Vegetables.
Quintessence of Christmas Baking
Most festivals around the world have dedicated foods - easter eggs, Eid sweets or mutton, Holi sweets and Diwali specialities.
Berry Teeming with Health
Cranberries can be described as a group of evergreen dwarf shrubs or trailing vines, going up to 2 metres in length.
The Proof of the Pudding
They say the proof of the pudding is in the eating. Well, this age-old proverb holds true for all things and persons in life, which also includes pudding.
Market for Cookies
Cookies are gaining ground. According to Al Review cookie market which was valued at Rs. 405.29 billion in 2023 was expected to grow at a CAGR of 5.9% from 2024 to 2032. Institute for Industrial Development IID) is of the view that cookies manufacturing is one of the lucrative businesses. It believes that one can make a profit of up to 12-15 per cent. It thus provides an ideal opportunity for an intrepid entrepreneur to venture into this business. Ashok Malkani views different aspects of the industry like its growth potential, challenges faced by the market, and the basic necessities essential for an entrepreneur to enter into this lucrative arena.
Smoothies The Superb Superfood...
Smoothies have become popular over the past decade. Modern smoothie, which is believed to have been invented in the United States, made its way to India through a Smoothie chain in 2016. Hyderabad based, Drunken Monkey, which started in 2016 with its first smoothie bar, now has over 100 stores. One can gauge the popularity of this drink by this fact. Today, India is believed to have about 7000 smoothie bars, cafes and bakeries. The rise of smoothie culture is believed to have been driven by several factors like health awareness, disposable income, convenience, et al. Ashok Malkani delves on various aspects of this drink.
Bakels Launches Renshaw in India
Bakels, a global leader in the bakery ingredients industry, proudly announced the launch of Renshaw in India at a event held at the Bakels Baking Center.
Premium Chocolate Meets Ice Cream
SMOOR, the country's most preferred luxury confectionery brand, has announced its collaboration with Hangyo Ice Creams.
Cothas Coffee Completes 75 Glorious Years
Cothas Coffee, a household name in coffee, completes 75 glorious years of serving the best filter coffee to coffee lovers across Karnataka and India.