INTEGRATED DAIRY FARMING

Description

Dairy farming, from being a traditional family-run business today has grown hugely to an organized dairy industry with technological specializations in every part of the process. We have seen tremendous growth in dairy farming equipment that helps integrated or modern dairy farms to manage thousands of dairy cows and buffaloes at one time. This huge boost in the industry has created a lot of business opportunities and farming jobs. 

The industry is a subset of the agricultural & food industry and deals with the production, consumption, and sale of dairy products, such as milk, paneer, curd, shrikhand, buttermilk, ghee, butter, cream, ice-cream, cheese & many more. With the technological up-gradation, it has got easy to manage the integrated dairy farm in the area of milk production, processing, and transportation due to advancement in the required machinery and equipment. On the other hand, technology has made it possible to reproduce genetically enhances livestock for dairy farmers, along with several faster and cheaper vaccinations for those animals.

As the consumer habits and food culture is changing, there is a huge demand for quality and hygienic milk and milk products, and it is one of the main reasons behind the increase in the organic milk production. Also, the by-products like cow dung, cow urine are profitable for the dairy farming, as cow dung is processed to make products like mosquito coil, and soap, while cow urine has demand in B2B and B2C marketplace, as it holds some medicinal properties, it provides the byproduct processing opportunity as well.

Dairy farming is a traditional idea, but it is evolving through a lot of modern and commercial aspects. As the market and consumer demands are changing invariably, this has greatly affected business models of modern dairy farming. Right from traditional dairy farming to commercial farming, from cows to buffalos, from milk to healthy milk, modern dairy farming is experiencing the drastic change.

The dairy industry accounts for 20% to 30% of the total food industry and still, it is growing as the need for milk and milk-based products are increasing at a higher rate as compared to other food products. And the Indian dairy market is expected to reach a value of INR 21.97 Billion by 2024, exhibiting a CAGR of around 16% during 2019-2024. It shows that there is a tremendous opportunity to enter in this business.

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