FFOODSSpectrum June 2023
How Technology is Impacting Dairy Industry The Indian dairy sector has been going great guns since Verghese Kurien unleashed the White Revolution in India. There's been no looking back, despite numerous challenges by way of fodder shortage, milk adulteration, cattle diseases and shifts in dietary habits of a major section of the urban population over the years. Milk from the dairy (not plant-based faux milk), continues to be a part of Indian breakfast tables. The dairy market in India hit the Rs 1,489,980 crore mark in 2022. As per market research firm IMARC Group, the market is expected to reach Rs 3,118,570 crore by 2028, exhibiting a growth rate (CAGR) of 13.2 per cent during 2023-28. Yet, there still remain challenges that ought to be addressed. Let's examine the dairy sector's present and future outlook in terms of innovations in new technologies, governmental policies, and more.
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