Report Overview:
Milk processing refers to the handling, packaging, or processing raw milk in different ways to prepare it for sale as food. It excludes the process of milking cows or the milk production on a dairy farm that is sent to a processing plant for further processing. Milk is highly perishable as it is an excellent medium for the growth of microorganisms, especially bacterial pathogens that can cause spoilage and illness in consumers. However, milk processing helps prevent foodborne diseases and allows the preservation of milk for days, weeks, or even months. It also aids in managing the seasonal variations in milk supply. It further processes the milk to produce high-value, concentrated, and easily transportable dairy products with long shelf life, such as butter, cheese, and ghee. As a result, milk processing is gaining immense traction across the globe.
The global milk processing market is primarily driven by the rising demand for healthier dairy products due to shifting consumer inclination toward low-fat, low-cholesterol, low-sugar, and nutrient-fortified food items. Moreover, there has been a rapid expansion in the food service, hotel, and restaurant industries. In line with this, the escalating demand for cheese owing to increasing consumer preferences for fast food is positively influencing market growth. Apart from this, the rising usage of milk powder in infant formulas and the growing consumption of dairy items, including yogurt, cream, and butter, have augmented the demand for milk processing. Additionally, the surging adoption of processed milk products on account of the rising awareness about its health benefits among the masses is contributing to market growth. Besides this, the increasing automation and ongoing advancements in milk processing equipment have catalyzed market growth. Furthermore, several favorable initiatives undertaken by governments of numerous countries for the development of the dairy industry are propelling market growth. Other factors, including the influx of innovative organic milk products, rising population, rapid urbanization, growing health consciousness, easy availability of ready-to-eat (RTE) cheese, and inflating consumer disposable incomes, are also anticipated to create a favorable market outlook.
The report provides a techno-commercial roadmap for setting up a milk processing plant. The study covers all the requisite aspects that one needs to know while making a foray into the milk industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the milk industry.
The project report covers the following aspects of the milk market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Milk Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Market Breakup by Segment
4.4 Market Breakup by Region
4.5 Price Trends
4.5.1 Raw Material Price Trends
4.5.2 Milk Price Trends
4.5.3 Product Margins
4.6 Market Forecast
5 Milk Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Milk Market: Major Drivers and Challenges
Figure 2: Global: Milk Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Milk Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Milk Market: Breakup by Segment (in %), 2022
Figure 5: Global: Milk Market: Breakup by Region (in %), 2022
Figure 6: Milk Raw Materials: Price Trends, 2017 & 2022
Figure 7: Milk: Price Trends, 2017 & 2022
Figure 8: Milk: Margins Across Various Stages of the Supply Chain
Figure 9: Milk Processing Plant: Breakup of Operational Costs
Figure 10: Milk Price Structure
Figure 11: Milk: Manufacturing Process Flow
Figure 12: Milk: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Milk Processing Plant Layout
List of Tables
Table 1: Milk Processing Plant: Raw Material Requirements
Table 2: Milk Processing Plant: Project Planning
Table 3: Milk Processing Plant: Phasing of Development
Table 4: Milk Processing Plant: Environmental Impacts During Construction Phase
Table 5: Milk Processing Plant: Environmental Impacts During Operation Phase
Table 6: Milk Processing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Milk Processing Plant: Costs Related to Machinery
Table 8: Milk Processing Plant: List of Machinery Suppliers
Table 9: Milk Processing Plant: Costs Related to Raw Materials
Table 10: Milk Processing Plant: List of Raw Material Suppliers
Table 11: Milk Processing Plant: Costs Related to Packaging
Table 12: Milk Processing Plant: Costs Related to Utilities
Table 13:Milk Processing Plant: Costs Related to Salaries and Wages
Table 14: Milk Processing Plant: Capital Costs
Table 15: Milk Processing Plant: Operating Costs
Table 16: Milk Processing Plant: Taxation
Table 17: Milk Processing Plant: Depreciation
Table 18: Milk Processing Plant: Income Projections
Table 19: Milk Processing Plant: Expenditure Projections
Table 20: Milk Processing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Milk Processing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Milk Processing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Milk Processing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Milk Processing Plant: Profit and Loss Account
Table 25: Milk Processing Plant: Discount Factor Rate
Table 26: Milk Processing Plant: Sensitivity Analysis
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