Parag Milk Foods, a manufacturer and marketer of dairy-based branded products, plans to add further value to its cheese and whey business through introduction of high potential lactose products, thereby expanding its health and nutrition portfolio.
The company has established state-of-the art facilities with a capacity to manufacture 40 million tonne of lactose per day. It has ventured into whey protein powders, a byproduct 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 filtration process of whey protein.
The company’s expertise in dairy ingredients has allowed it to create lactose that is ideal for multiple segments such as food applications, infant nutrition and clinical nutrition products.
The Indian lactose market size is approximately 40,000-45,000 million tonne and valued at Rs 5,000 million (around USD 70 million), with a major part of the requirement being met through imports.
The company has a fully integrated value chain with control over key processes from procurement and supply chain to processing and distribution, maintaining highest standards of quality and delivery throughout.