Milky Mist Dairy Food Ltd. IPO

Overview of the packaged food market in India
Indian food and beverage market is valued at INR 74.0T in FY26 and is expected to grow to INR 111.6T by FY31 at a CAGR of 8.6% Food and beverage (F&B) is one of the fastest-growing sectors in India. It's a diverse market with ... a wide range of products, catering to various tastes, preferences and demographics. The F&B market includes segments such as packaged foods, alcoholic beverages, fresh foods, staples, etc. It accounted for ~3% of the total GDP in CY25. Overview of the dairy industry The global dairy market is projected to grow from US$ 1,014B in CY25 to US$ 1,111B by CY30, driven by rising consumer demand and product innovation The global dairy market has shown steady growth over the years, driven by increasing demand for dairy products such as liquid milk, cheese, butter, yogurt, ice cream, etc. The market was valued at US$ 943B in CY20 and has expanded consistently, reaching US$ 1,014B in CY25. Looking ahead, the industry is projected to grow further, reaching approximately US$ 1,111B by CY30, reflecting a CAGR of ~1.8% from CY25-30. Currently, milk constitutes ~25% of total dairy production, while value-added products account for ~75%. By CY30, milk’s share is expected to decline to ~24%, with value-added dairy products growing at a CAGR of 2.1% from CY25 to CY30, driven by evolving consumer preferences and premiumization in the dairy sector. India is the world’s largest milk producer, contributing ~26% of global milk production in CY25 India is the world’s largest milk producer, with India’s share in overall production increasing from ~21% in CY17 to ~26% in CY25 outpacing its consumption, highlighting its potential as a major player in the global dairy production. Read more