Cocoberry CEO GS Bhalla says the market is witnessing a huge shift from conventional products to yogurt drinks and functional foods, specifically targeted at children.
Innovative and premium products such as bio yogurts, or yogurt enriched with juice and fruits are finding favour among consumers. The company is expecting 400 per cent growth this year.
Others such as Nestle, Danon, Parag Milk Foods and Mother Dairy are also not far behind in grabbing the latest opportunity in the health and wellness space.
Sanjay Sinha, Head-Milk and Dairy Products business, Mother Dairy Fruit and Vegetable, says the company will strengthen its yogurt-based drinks portfolio this season with differentiated products and format offerings.
Mother Dairy is present in the Delhi and Mumbai markets with plain and probiotic curd 'b-Activ', yogurt drinks like lassi, chach in the Delhi NCR market and a probiotic drink under the 'Nutrifit' brand.
Sinha says the organised part of the yogurt industry is less than 10 per cent of the potential and is growing at about 20 per cent.
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