Vegan Cheese in India industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Vegan cheese includes products that are marketed as plant-based, vegan, or dairy-free cheese. The demand for vegan cheese is being driven by a combination of health, ethical, environmental, and taste-related factors. These vegan cheese/plant-based cheeses are products that are marketed as alternatives to dairy-based cheese.
- The Indian vegan cheese market recorded revenues of $34.3 million in 2024, representing a compound annual growth rate (CAGR) of 12.4% between 2019 and 2024.
- The cheddar segment accounted for the market's largest proportion in 2024, with total revenues of $11.4 million, equivalent to 33.1% of the market's overall value.
- According to the analyst, in 2024, the Indian vegan cheese market recorded an annual growth of 12.5%. The growth is supported by the rise in soybean production, which is one of the key ingredients to produce vegan cheese. As Indian consumers continue shifting toward dairy-free diets, the increased availability of domestically sourced soybeans is supporting market expansion.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the vegan cheese market in India
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the vegan cheese market in India
- Leading company profiles reveal details of key vegan cheese market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the India vegan cheese market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the India vegan cheese market by value in 2024?
- What will be the size of the India vegan cheese market in 2029?
- What factors are affecting the strength of competition in the India vegan cheese market?
- How has the market performed over the last five years?
- Who are the top competitors in India's vegan cheese market?
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Soft Spot Foods
- Bombay Cheese Co
- Flora Food Group BV
