India Plant-Based Dairy Products Market Breakdown By Size, Share, Growth, Trends, and Industry Analysis| MarkNtel
MarkNtel Advisors recently published a detailed industry analysis of the India Plant-Based Dairy Products Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Plant-Based Dairy Products Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The India Plant-Based Dairy Products Market size was valued at around USD 2.5 billion in 2024 and is projected to reach USD 4.9 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12% during the forecast period 2025-30.
What are the major Driver the India Plant-Based Dairy Products industry?
Burgeoning Demand for Lactose-Free Products – A third of the total Indian population faces the issue of lactose intolerance. In Trivandrum and Pondicherry, 66.6% of individuals and 27.4% of New Delhi's residents are lactose intolerant, leading to a significant demand for lactose-free products, which in turn fuels market growth. South India has the highest prevalence rates of lactose intolerance creating most of the market demand. This awareness drives consumers to increasingly look to plant-based dairy alternatives which tend to naturally exclude lactose. Coconut, almond, oat, and soy milk serve as safe and nutritious plant-based choices, allowing individuals to experience dairy-like enjoyment without the discomfort linked to conventional milk. For example; the popularity of Lactose-free milk by Amul has surged significantly in regions of India due to its attraction to lactose-intolerant individuals and its sustainable characteristics. Brands are reacting by introducing more lactose-free products and emphasizing taste, texture, and fortification to resemble the nutrition and versatility of traditional dairy that will continue to fuel the demand for the plant-based dairy products industry.
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What segments define the India Plant-Based Dairy Products market from 2025 to 2030? How do these segments contribute to market dynamics and growth?
· By Material Type
o Fruits- Market Size & Forecast 2020-2030, USD Million
o Vegetables- Market Size & Forecast 2020-2030, USD Million
o Seeds & Nuts- Market Size & Forecast 2020-2030, USD Million
o Others
· By Sales Channel
o Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030, USD Million
o Convenience Stores- Market Size & Forecast 2020-2030, USD Million
o Specialty Stores- Market Size & Forecast 2020-2030, USD Million
o E-commerce- Market Size & Forecast 2020-2030, USD Million
o Others
· By Nature
o Organic- Market Size & Forecast 2020-2030, USD Million
o Conventional- Market Size & Forecast 2020-2030, USD Million
According to report, By Nature, the organic segment leads the India Plant-Based Dairy Products Market.
· By Product Type
o Milk- Market Size & Forecast 2020-2030, USD Million
o Cheese- Market Size & Forecast 2020-2030, USD Million
o Butter- Market Size & Forecast 2020-2030, USD Million
o Yogurt- Market Size & Forecast 2020-2030, USD Million
o Creamers- Market Size & Forecast 2020-2030, USD Million
o Others
According to report, Based on product type, milk leads the India Plant-Based Dairy Products Market.
· By End Use
o Bakery & Confectionery- Market Size & Forecast 2020-2030, USD Million
o Snacks & Savouries- Market Size & Forecast 2020-2030, USD Million
o Ready Meals- Market Size & Forecast 2020-2030, USD Million
o HoReCa- Market Size & Forecast 2020-2030, USD Million
o Dietary Supplements- Market Size & Forecast 2020-2030, USD Million
o Other Food Products- Market Size & Forecast 2020-2030, USD Million
o Others
Explore the Complete India Plant-Based Dairy Products Market Analysis Report – https://www.marknteladvisors.com/research-library/india-plant-based-dairy-products-market.html
Geographical Analysis: India Plant-Based Dairy Products Market
o North
o South
o East
o West
India Plant-Based Dairy Products Market Share & Competitive Landscape:
The India Plant-Based Dairy Products Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the India Plant-Based Dairy Products Market are:
- Danone S.A.
- Nestle S.A.
- ProSoya Foods
- Raw Pressery
- The Hershey Company
- Urban Platter
- Bio Nutrients (India) Pvt. Ltd.
- Califia Farms
- GoodMylk
- Pacific Foods
- Hindustan Unilever Limited
- Sofit
- Epigamia
- ALT Foods
- 1.5 Degree
India Plant-Based Dairy Products Industry Recent Development:
- August 2024: 1.5 Degree debuts plant-based dairy products at the 7th India International Hospitality Expo by introducing a complete range of plant-based dairy products, including Oat Milk, Soy Milk, Cold Coffee, Flavored Milkshakes, Gelato in different flavors like – Paan, Belgian Chocolate, Strawberry, Biscoff, Mocha Almond Fudge, etc.
- February 2024: Califia Farms launched a creamy plant-based milk made from a blend of pea, chickpea, and fava bean protein that consists of nine essential nutrients and essential amino acids.
Questions Addressed in this Study
1.What factors are driving the India Plant-Based Dairy Products Market growth?
2.How is the India Plant-Based Dairy Products Market expected to grow over the next five years?
3.What are the key insights into the current trends in the India Plant-Based Dairy Products Market?
4.What is the current size of the India Plant-Based Dairy Products Market, and how is it projected to change in the future?
6.What is the future outlook for the India Plant-Based Dairy Products Market in terms of technological advancements and market expansion?
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