According to latest research report by IMARC Group “Paneer Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” offers a comprehensive analysis of the industry, which comprises insights on the India paneer market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The paneer market in India size reached INR 494 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 1,173 Billion by 2028, exhibiting a growth rate (CAGR) of 15.7% during 2023-2028.
Paneer Market in India Overview:
Paneer, a widely cherished dairy product, is a fresh and unaged cheese commonly used in Indian cuisine. Crafted by curdling heated milk with an acidic agent, such as lemon juice or vinegar, the resulting curds are pressed to form a cohesive and versatile cheese block. Paneer has a mild and milky flavor, making it an excellent canvas for absorbing the rich tastes of various spices and sauces in dishes like Palak Paneer or Shahi Paneer. Renowned for its high protein content, paneer is a nutritious addition to vegetarian diets and a favored ingredient in diverse culinary creations, ranging from savory curries to desserts like Rasgulla.
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Paneer Market in India Drivers:
The market in India is primarily driven by the increasing interest in vegetarian and plant-based diets. As a rich source of protein derived from milk, paneer aligns with the growing demand for meat alternatives and protein-rich vegetarian options. Moreover, the expanding appeal of ethnic cuisines, particularly Indian cuisine, has led to a rise in the consumption of paneer. Its mild taste and ability to absorb various flavors make it adaptable to different culinary traditions.
Furthermore, the escalating health and wellness awareness contributes to market growth, given its nutrient profile, including protein, calcium, and other essential vitamins and minerals. Additionally, the convenience of using paneer in diverse recipes, from savory curries to desserts, positions it as a versatile ingredient for home cooks and chefs alike. As food trends emphasize natural and minimally processed ingredients, paneer, a fresh and handmade cheese, resonates with consumers seeking wholesome and authentic options. This, in turn, is providing a boost to product sales across the country.
Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/paneer-market-india
Key Market Segmentation:
Sector Insights:
- Retail
- Institutional
Regional Insights:
- Karnataka
- Maharashtra
- Tamil Nadu
- Delhi
- Gujarat
- Andhra Pradesh and Telangana
- Uttar Pradesh
- West Bengal
- Kerala
- Haryana
- Punjab
- Rajasthan
- Madhya Pradesh
- Bihar
- Orissa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter's Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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