Allstate Journal

Paneer Market in India Escalated by Availability of Different Varieties

Paneer Market in India Escalated by Availability of Different Varieties
The paneer market in India has witnessed a robust growth in recent years. Some of the major factors which have contributed in influencing the market are varied applications of paneer, health benefits, availability of different varieties, etc.

The latest report by IMARC Group, titled “Paneer Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021”, critically examines the Indian paneer market. According to the report, the paneer market in India reached a value of around INR XX Billion in 2016, exhibiting a CAGR of 13.5% during 2010-2016. Paneer has been one of the most widely used dairy products in the Indian traditional cuisine since ages. It is a non-fermentative, non-renneted and non-melting type of cheese, obtained by acid and heat coagulation of milk. 

Paneer is used in combination with other vegetables to prepare savoury dry-, semi dry-, and gravy delicacies. Apart from this, it also forms an important ingredient for various snacks, both salted and sweetened, such as pakoras (nuggets), and mishti and sandesh (a popular Bengali sweets). The major factor which has sustained its significance in the Indian culinary tradition is the presence of essential nutrition elements, such as dietary fibre, calcium, phosphorus, vitamin D, vitamin B, omega-3 and omega-6 fatty acids. As a result of this, paneer aids in keeping several diseases at bay, while helping in maintaininga healthy body. 

Highlights of the paneer market in India: 

  • The market is driven primarily by the diverse applications of paneer and product premiumisation. 
  • Uttar Pradesh represents the largest market, accounting for the majority of the share.
  • The market is expected to reach a value of nearly INR 420 Billion by 2021.


Request a free sample copy of the report: 
http://www.imarcgroup.com/request?type=report&id=781&flag=B

Considering the ever-growing demand for paneer in the Indian subcontinent, manufacturers are creating different varieties of paneer, varying in milk composition, ingredients, texture, etc. Therefore, a wide array of products, such as skim milk paneer, filled paneer, protein-enriched filled paneer, fibre enriched low-fat paneer, spiced paneer, masala paneer, vegetable impregnated paneer, etc. are available at retail stores and supermarkets across the region. Owing to this, the market is further expected to reach a value of nearly INR 420 Billion by 2021, growing at a CAGR of XX% during 2017-2021.

To view the report summary and Table of Contents, click on: http://www.imarcgroup.com/paneer-market-india

The report provides a thorough analysis of the current and historical value and volume trends, market share of key players and market forecast for each of the state. At present, Uttar Pradesh is the largest market, accounting for nearly XX% of the total share. Uttar Pradesh is followed by Maharashtra and Rajasthan. An analysis of the competitive landscape provides the details of the key players operative in the market. Some of the major players are GCMMF, Parag Milk Foods, Mother Dairy, Rajasthan Cooperative Dairy Federation Limited, and VRS Foods Limited.

Browse related reports:

UHT Milk Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021

Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2017-2021


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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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