Buttermilk to Ice cream by dairy brands are capitalising on the summer boom
As mercury levels soar and heat wave conditions grip various parts of India, beverage and dairy companies are experiencing a welcome boost in sales. The scorching weather may be a challenge for many, but it’s proving to be a boon for businesses dealing in thirst-quenching beverages, curd, buttermilk, and ice creams. According to Jayen Mehta, […]
This summer, ice cream cos to scoop out 30% more sales
Sizzling temperatures across the country have caused the demand for ice-creams to skyrocket, with the manufacturers and associations predicting a 30 percent growth in sales this financial year. “Usually the ice cream market in India grows at 12-15 percent every year. This year has started with a bang. With the summer temperatures peaking at many places, […]
From plenty to parched: Delay in incentive release in Karnataka
Ravi., a dairy farmer in Keelara village in Mandya district in the heart of the Old Mysore region, has been able to earn a supplementary income from the cows that he rears and from the paddy he cultivates. However, the long spell of drought since last year forced him to sell two cows about six […]
The impact of rising temperature on Indian dairy
Summers in India are getting hotter and 2024 will be no different. The Indian Meteorological Department’s (IMD) forecast for 2024 indicates that India will face a harsh summer with longer than usual heat waves. Last year was the 2nd hottest year for India (2016 being the hottest) in the last 122 years, exposing humans, animals […]
Cola, beverage & dairy firms eye 25% growth this summer
Capitalising on the soaring temperature, FMCG firms selling juices, fizz drinks, ice creams and milk-based beverages, including Parle Agro, ITC Foods, Mother Dairy, Coca-Cola, and Rasna have ramped up the production and stocks of low-unit packs (between Rs 5- Rs 10) to drive consumption and volume growth. After a tepid 2023 due to a weak […]
Boom in dairy business as summer advances in Odisha
With the severe heatwave showing no signs of relenting anytime soon, the demand for refreshing beverages like lassi and buttermilk has surged across the state leading to a significant uptick in the businesses of dairy shops and firms. The heatwave since the beginning of April has made dairy products a go-to choice for consumers. This […]
Milk Prices may not turn volatile this summer-Mother Dairy
Milk inflation has moderated recently. The last hike in milk prices (by Mother Dairy) was announced in February 2023. As summer progresses, natural shortage starts occurring in overall milk production. However, there will be no wild swing in prices… Summer lasts till September, when some shortage of milk naturally occurs. I anticipate slight (upward) movement […]
IBISA’s Heat Stress Solution technology to offer protection to dairy farmers
Insurtech firm IBISA has announced the launch of its latest innovation – the Heat Stress Solution, which utilises advanced climate metrics and satellite technology to provide protection for dairy farmers. By offering compensation for revenue losses incurred due to heat stress, this unique solution serves as a lifeline for dairy farmers across India. Milk yields […]
Wide range, discerning consumer, boom time for Rs 30,000-cr ice-cream industry
As 11-year-old Kyra Arora enters the newly opened ‘ice-cream studio’ near her home in Panchkula, her eyes light up. On offer is a mouthwatering range of bars, lollipop sundaes, popsicles, ice-cream sandwiches, gelatos and mini bites. The unending variety is no vanity enterprise. It’s an indication of a booming ice-cream market and the exponential […]
Aavin records increase in sales of dairy products as mercury soars
With the mercury levels soaring in the city for the past two months, Aavin has clocked an increase in its sales of ice cream and buttermilk this summer. Aavin, the popular brand of the Tamil Nadu Cooperative Milk Producers’ Federation, offers a range of dairy products, including ice cream, cookies, ghee, butter, buttermilk and milk sweets. An official said, “We have registered […]
