INDIA’S CHEESE MARKET AND INDUSTRY GROWS FAST

If the international food industry wanted to look for a national market segment that is growing fast and offers real sales volumes, it would do well to examine the Indian cheese market. Sales are projected to reach USD1.7 billion by 2024, according to by India-based market researcher IMARC, being predicted to increase 25% annually from a base of USD430 million in 2018 – see ‘Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024’ (1). This is still an immature market, however, with sales lacking diversity and with a ...


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