India Plant-Based Dairy Products Market Statistics, Value & Scope 2030
Overview of the India Plant-Based Dairy Products Market:
The India Plant-Based Dairy Products Market reports delivers an in-depth assessment of market size, share, and emerging trends, offering valuable insights into growth opportunities. It examines market segmentation and definitions, highlighting core components and key drivers of expansion. By applying SWOT and PESTEL analyses, the study evaluates the sector’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors. Expert reviews of competitor strategies and recent developments provide a clearer view of regional dynamics and future market trajectories, establishing a strong foundation for strategic planning and informed investment decisions.
What will be the market size of India Plant-Based Dairy Products market 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.
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Who are the top companies operating in the India Plant-Based Dairy Products market?
The report features prominent companies operating in the India Plant-Based Dairy Products market and the successful strategies they have adopted. It also provides detailed insights into each company’s market share and their role in driving the industry’s growth. As per MarkNtel Advisors, top companies in India Plant-Based Dairy Products market: Danone S.A., Nestle S.A., ProSoya Foods, Raw Pressery, The Hershey Company, Urban Platter, Bio Nutrients (India) Pvt. Ltd., Hindustan Unilever Limited, Califia Farms, GoodMylk, Pacific Foods, Sofit, Epigamia, ALT Foods, 1.5 Degree, and others
What is the key factor projected to fuel growth in the India Plant-Based Dairy Products Market between 2025 and 2030?
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.
India Plant-Based Dairy Products Market - Segmentation Analysis
- By Product Type (Milk, Cheese, Butter, Yogurt, Creamers, Others)
- By Material Type (Fruits, Vegetables, Seeds & Nuts, Others), By Sales Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-commerce, Others)
- By Nature (Organic, Conventional)
- By End Use (Bakery & Confectionery, Snacks & Savouries, Ready Meals, HoReCa, Dietary Supplements, Other Food Products) and Others
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How does the India Plant-Based Dairy Products Market vary across different geography?
-By Region
- South
- North
- East
- West
Out of them, the south region dominates the India Plant-Based Dairy Products Market. It holds around 40% share of the total market.
This Section cover detailed analysis of revenue, market share and growth rate, historical data (2020-23) and forecast (2025-2030) of the following segmentation and geography.
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Comprehensive Table of Contents – India Plant-Based Dairy Products Market Analysis and Forecast, 2030
- Table 1: Introduction
- Table 2: Executive Summary
- Table 3: Market Regulations, Policies & Standards
- Table 4: India Plant-Based Dairy Products Market Size, Share & Scope, 2020-2030F
- Table 5: Market Trends & Developments
- Table 6: Market Dynamics (Key Drivers, and Challenges)
- Table 7: Market Hotspots & Opportunities
- Table 8: Market Value Chain Analysis
- Table 9: Market Outlook, 2020-2030F
- Table 10: Market Size & Analysis by Revenues (USD Million):
- Table 11: Market Size & Forecast 2020–2030 by Segmentation
- Table 12: Market Size & Forecast 2020–2030 by Geography
- Table 13: Key Strategic Imperatives for Success & Growth
- Table 14: Competitor Analysis of India Plant-Based Dairy Products Companies
Key Benefits for Industry Participants and Stakeholders
- Insight into emerging market trends and investment opportunities
- Understanding of regional market dynamics and competitive landscapes
- Data-driven forecasts to support strategic decision-making
- Access to industry benchmarks for performance evaluation
- Identification of potential risks and growth challenges
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