+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Plant-Based Dairy in India

  • PDF Icon

    Report

  • 19 Pages
  • January 2024
  • Region: India
  • Euromonitor International
  • ID: 5738996
Soy drinks continued to dominate demand for plant-based milk in India at the end of the review period. It is popular for several reasons. Firstly, soy is widely consumed in India in various forms, where it is used in different vegetable-based dishes, given its unique and distinct taste along with awareness of it nutritional benefits. Therefore, educating local consumers about soy drinks has been comparatively easy and hence the latter has found acceptance and traction in India at a faster pace.

The Plant-based Dairy in India report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Plant-based Dairy market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

PLANT-BASED DAIRY IN INDIAKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Soy drinks continue to dominate plant-based milk in India
  • Other plant-based milk gains traction due to legalisation of vegan logo
PROSPECTS AND OPPORTUNITIES
  • Plant-based milk will continue to grow but with scaling challenges
  • Increasing number of players are set to enter plant-based dairy
CATEGORY DATA
  • Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
  • Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
  • Table 3 Sales of Other Plant-Based Milk by Type: % Value 2020-2023
  • Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
  • Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
  • Table 6 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
  • Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
  • Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN INDIA
EXECUTIVE SUMMARY
  • Dairy products and alternatives in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for dairy products and alternatives?
MARKET DATA
  • Table 9 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
  • Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
  • Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
  • Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
  • Table 13 Penetration of Private Label by Category: % Value 2018-2023
  • Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
  • Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
  • Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources