Parag Milk Foods Expands Portfolio with High-Protein, Nutrient-Rich Offerings

2 min read     Updated on 02 Apr 2025, 10:41 AM
scanxBy ScanX News Team
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Overview

Parag Milk Foods Ltd has introduced a range of high-protein and nutrient-rich products across its flagship brands Gowardhan, Go, Pride of Cows, and Avvatar. New offerings include crunchy chikki, fruit yogurt, low-fat paneer, Greek yogurt, mozzarella balls, and protein bars. The company aims to cater to the growing demand for healthier food options, with products available through various retail channels and e-commerce platforms. This expansion aligns with projected market growth in fruit yogurt, paneer, and premium protein bar segments in India.

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*this image is generated using AI for illustrative purposes only.

Parag Milk Foods , a leading dairy FMCG company in India, has announced a significant expansion of its product portfolio, introducing a range of high-protein and nutrient-rich offerings across its flagship brands. This strategic move aims to cater to the growing demand for healthier food options and strengthen the company's position in the health-conscious consumer segment.

New Product Lineup

The company has introduced several new products across its brands:

Gowardhan

  • Crunchy Chikki made with 100% pure Gowardhan Ghee
  • Available in Sesame and Peanut flavors
  • Priced at ₹10.00 for 25 grams

Go

  • New range of fruit yogurt
  • Flavors include Mango, Blueberry, and Strawberry
  • Priced at ₹25.00 for 80 grams

Pride of Cows

  • Low-Fat & High-Protein Paneer (45 grams of protein)
  • Mint & Masala Buttermilk
  • Greek Yogurt in Fig & Honey, Blueberry, Pineapple, and Mixed Berry flavors (with no added sugar)
  • Fresh Mozzarella Bocconcini Balls
  • Pricing ranges from ₹60.00 for 250ml buttermilk to ₹400.00 for 200g of Bocconcini

Avvatar

  • High-Protein Bar snack for fitness enthusiasts
  • Available in Chocolate and Coffee wafer flavors
  • Priced at ₹60.00 for a 40-gram piece

Strategic Focus on Health and Nutrition

Akshali Shah, Executive Director of Parag Milk Foods, emphasized the company's commitment to meeting the growing demand for protein-rich products. She stated, "With protein becoming an essential nutritional need in India, we are committed to providing high-quality dairy solutions that cater to this growing demand. Our latest offerings across all brands of Parag Milk Foods reinforces our focus on high-protein, nutrient-dense offerings, ensuring consumers have access to superior dairy nutrition."

Market Expansion and Distribution

The new product range will be distributed through various channels:

  • Pride of Cows products will be available on the Pride of Cows portal, app, and through quick commerce and e-commerce platforms.
  • Gowardhan, GO, and Avvatar products will be sold in general stores, modern trade outlets, and on quick commerce and e-commerce platforms.

Industry Outlook

The expansion aligns with the growing market for protein-rich and health-focused products in India:

Market Segment Projected Value (2033) CAGR
Fruit Yogurt ₹14.70 billion 19.70%
Paneer ₹2,030.70 billion 12.85%
Premium Protein Bar ₹950.00 billion (2030) 6.60%

This strategic product launch underscores Parag Milk Foods' dedication to innovation and quality, positioning the company to capitalize on the increasing consumer preference for healthier, protein-rich dairy options. As the market for nutritious food products continues to expand, Parag Milk Foods appears well-positioned to meet evolving consumer demands and potentially strengthen its market presence in the health-conscious segment.

Historical Stock Returns for Parag Milk Foods

1 Day5 Days1 Month6 Months1 Year5 Years
+1.37%+10.12%+14.61%-10.10%-1.77%+121.70%
Parag Milk Foods
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