Market Overview:
The global ghee market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising awareness about the benefits of ghee, increasing demand for organic products, and growing trend of consuming traditional foods. On the basis of type, medical grade ghee is expected to account for a major share in the global market during the forecast period. This can be attributed to its various health benefits such as reducing inflammation and improving digestion. On the basis of application, organic type is projected to witness higher growth than conventional type during the forecast period owing to increasing demand for healthy and organic food products across regions.
Product Definition:
Ghee is a form of clarified butter that is used extensively in Indian cuisine. It is made by simmering butter until the milk solids fall to the bottom and the clarified butter floats to the top. The clear liquid can be then poured off, leaving behind the milk solids, which are often browned and crispy. Ghee has a high smoke point and a nutty flavor, making it ideal for cooking at high temperatures. It is also shelf-stable and can be stored at room temperature for up to six months.
Medical Grade:
Medical-grade Ghee is a type of butter that has been widely used in Ayurveda, homeopathy and other alternative medicine systems. It is also being increasingly used as an ingredient for various food products such as baked goods, confectionery & chocolate, soups & sauces and beverages. The product contains medium chain triglycerides (MCT) which are considered to be more easily digestible than long chain triglycerides (LCT).
Food Grade:
Food grade ghee is a type of fat that is extracted from animal sources such as beef, sheep, and goats. It has a distinct flavor and aroma which makes it suitable for human consumption along with other uses in food preparation. Food grade ghee contains vitamins A & E & K along with omega 6 & 3 fatty acids which are essential to the human body. The product also contains butyric acid which helps in maintaining the pH levels of the digestive system.
Application Insights:
The conventional type held the largest share of over 99.0% in 2017. The product is widely used as a cooking medium and fuel due to its high energy content, which makes it an ideal ingredient for use in preparing several foods and other related products. Ghee is predominantly used as a cooking medium in Indian cuisine but has been gaining popularity across the globe owing to its numerous health benefits coupled with ease of use.
Organic ghee is expected to be one of the fastest-growing application segments during the forecast period on account of increasing consumer preference for natural food products without any added chemicals or preservatives, especially in Europe and North America regions where such ingredients are largely prohibited by law from being added into foodstuffs under various regulations protecting public health issued by regulatory authorities such as U.S FDA (Food & Drug Administration) and European Commission (EC).
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from countries, such as U.K., Germany, and France. The region is expected to dominate the global ghee market over the forecast period due to increasing awareness regarding its health benefits among consumers of European countries. Asia Pacific is projected to be one of the fastest-growing regional markets at a CAGR of XX% from 2018 to 2030 on account of rising product consumption in China and India on account of growing consumer awareness about ghee's nutritional value along with its taste advantages over other cooking oils. Moreover, increasing number medical institutes in these countries that are recommending this product for treating various diseases like diabetes and cancer will drive growth further.
North America accounted for more than 15% share in 2017 owing to rising demand for organic products from U.S., Canada, Mexico, and other Central & South American nations during economic crisis period (2009-2013).
Growth Factors:
- Increasing demand for organic and healthy food products is driving the growth of Ghee market.
- Rising disposable income of consumers is fueling the demand for premium quality Ghee products.
- Growing awareness about the health benefits of Ghee is propelling its demand among consumers.
- Rapid urbanization and changing lifestyle trends are contributing to the growth of Ghee market globally.
- Expansion in retail sector is providing a boost to the sales of Ghee products across different regions
Scope Of The Report
Report Attributes
Report Details
Report Title
Ghee Market Research Report
By Type
Medical Grade, Food Grade, Other
By Application
Organic Type, Conventional Type
By Companies
KMG Milk Food, Shree Radhe Dairy Farm & Foods, Swagat, Haryana Milk Foods, Vedic Gir Gaushshala, Pratham Foods, Arrismaa Dairy, Dipprabha Goras Gaushala, MLP Balakrishna brand ghee, Sahajanand Traders, KMG Milk Food, Mahi Ghee, Krishived O Farms, Divine A2 Ghee, Meri Gaiya, Upadrasta Dairy Specialties, Prasang Pure Ghee, Mauli Farm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
162
Number of Tables & Figures
114
Customization Available
Yes, the report can be customized as per your need.
Global Ghee Market Report Segments:
The global Ghee market is segmented on the basis of:
Types
Medical Grade, Food Grade, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Organic Type, Conventional Type
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KMG Milk Food
- Shree Radhe Dairy Farm & Foods
- Swagat
- Haryana Milk Foods
- Vedic Gir Gaushshala
- Pratham Foods
- Arrismaa Dairy
- Dipprabha Goras Gaushala
- MLP Balakrishna brand ghee
- Sahajanand Traders
- KMG Milk Food
- Mahi Ghee
- Krishived O Farms
- Divine A2 Ghee
- Meri Gaiya
- Upadrasta Dairy Specialties
- Prasang Pure Ghee
- Mauli Farm
Highlights of The Ghee Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medical Grade
- Food Grade
- Other
- By Application:
- Organic Type
- Conventional Type
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ghee Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ghee is a type of clarified butter that is made from cow's milk. It has a high smoke point and can be used in place of other oils in many recipes.
Some of the major players in the ghee market are KMG Milk Food, Shree Radhe Dairy Farm & Foods, Swagat, Haryana Milk Foods, Vedic Gir Gaushshala, Pratham Foods, Arrismaa Dairy, Dipprabha Goras Gaushala, MLP Balakrishna brand ghee, Sahajanand Traders, KMG Milk Food, Mahi Ghee, Krishived O Farms, Divine A2 Ghee, Meri Gaiya, Upadrasta Dairy Specialties, Prasang Pure Ghee, Mauli Farm.
The ghee market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ghee Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ghee Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ghee Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ghee Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ghee Market Size & Forecast, 2018-2028
4.5.1 Ghee Market Size and Y-o-Y Growth
4.5.2 Ghee Market Absolute $ Opportunity
Chapter 5 Global Ghee Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ghee Market Size Forecast by Type
5.2.1 Medical Grade
5.2.2 Food Grade
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ghee Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ghee Market Size Forecast by Applications
6.2.1 Organic Type
6.2.2 Conventional Type
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ghee Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ghee Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ghee Analysis and Forecast
9.1 Introduction
9.2 North America Ghee Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ghee Market Size Forecast by Type
9.6.1 Medical Grade
9.6.2 Food Grade
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ghee Market Size Forecast by Applications
9.10.1 Organic Type
9.10.2 Conventional Type
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ghee Analysis and Forecast
10.1 Introduction
10.2 Europe Ghee Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ghee Market Size Forecast by Type
10.6.1 Medical Grade
10.6.2 Food Grade
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ghee Market Size Forecast by Applications
10.10.1 Organic Type
10.10.2 Conventional Type
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ghee Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ghee Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ghee Market Size Forecast by Type
11.6.1 Medical Grade
11.6.2 Food Grade
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ghee Market Size Forecast by Applications
11.10.1 Organic Type
11.10.2 Conventional Type
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ghee Analysis and Forecast
12.1 Introduction
12.2 Latin America Ghee Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ghee Market Size Forecast by Type
12.6.1 Medical Grade
12.6.2 Food Grade
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ghee Market Size Forecast by Applications
12.10.1 Organic Type
12.10.2 Conventional Type
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ghee Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ghee Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ghee Market Size Forecast by Type
13.6.1 Medical Grade
13.6.2 Food Grade
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ghee Market Size Forecast by Applications
13.10.1 Organic Type
13.10.2 Conventional Type
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ghee Market: Competitive Dashboard
14.2 Global Ghee Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KMG Milk Food
14.3.2 Shree Radhe Dairy Farm & Foods
14.3.3 Swagat
14.3.4 Haryana Milk Foods
14.3.5 Vedic Gir Gaushshala
14.3.6 Pratham Foods
14.3.7 Arrismaa Dairy
14.3.8 Dipprabha Goras Gaushala
14.3.9 MLP Balakrishna brand ghee
14.3.10 Sahajanand Traders
14.3.11 KMG Milk Food
14.3.12 Mahi Ghee
14.3.13 Krishived O Farms
14.3.14 Divine A2 Ghee
14.3.15 Meri Gaiya
14.3.16 Upadrasta Dairy Specialties
14.3.17 Prasang Pure Ghee
14.3.18 Mauli Farm
