India’s ghee market—which reached ₹3,200–3,480 billion in 2023–24—is projected to nearly double by 2033, growing at an estimated CAGR of 8–9% (as per Imarc). This surge is driven by deep-rooted cultural preferences, rising health awareness, and growing affinity for branded and organic variants .
As per a study by Businessline the per capita annual consumption of ghee which was 2.68 kg in 2014 has reached to 3.27 Kg in 2024 and will be 4.07 kg in 2034 which is almost 25 % growth.
Key trends include:
-
Desi/cow ghee dominance, with buffalo-sourced ghee gaining prominence as a premium variant due to its flavor and nutritional profile .
-
The rise of A2 ghee and organic alternatives, accelerating consumption among health-conscious consumers and fuelling premium market segments (A2 market expected to grow at ~22% CAGR through 2033) .
-
Increased adoption of modern retail and online channels, gaining traction with hygienic, labeled, and packaged variants versus loose/unbranded ghee .
Industry Insight
As consumers shift to healthier, branded, and clean-label options—especially A2 and organic ghee—stakeholders should focus on premiumization, transparent sourcing, and distribution expansion to capitalize on this value-driven growth.
Source : Dairynews7x7 July 23rd 2025