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Parag Milk Foods expands Health & Nutrition portfolio

23 Dec 2020 Evaluate

Parag Milk Foods is expanding its Health & Nutrition portfolio by introducing high potential Lactose products. As one of the leading cheese producers in the country and with ambitions to grow the business further, the Company has ventured into whey protein powders, a by-product in the cheese manufacturing process. The Company established India’s first and only manufacturing facility to produce high quality whey protein and introduced various whey protein products in the market including ‘Avvatar’, a branded B2C product. Through the commissioning of the Lactose plant, the Company is now intending to add higher value to Whey Permeates that are generated during the filtration process of whey protein.

Parag Milk Foods, established in 1992, is the largest private dairy FMCG company with a pan India presence.

Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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