Markntel Advisors’ report, India Plant-Based Dairy Products Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the India Plant-Based Dairy Products presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
India Plant-Based Dairy Products Market Research Report & Market Summary:
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. Different factors are credited for the expansion of the market. Consumer acceptance of vegan alternatives primarily due to health and environmental concerns is driving an increase in demand for plant-based milk, cheese, and yogurt. Due to the popularity of veganism the market for plant-based dairy products expanded quickly.
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India Plant-Based Dairy Products Market Dynamics:
Key Driver-
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:
According to MarkNtel study the market is segmented into the following categories:
By Product Type
- Milk- Market Size & Forecast 2020-2030, USD Million
- Cheese- Market Size & Forecast 2020-2030, USD Million
- Butter- Market Size & Forecast 2020-2030, USD Million
- Yogurt- Market Size & Forecast 2020-2030, USD Million
- Creamers- Market Size & Forecast 2020-2030, USD Million
- Others
Based on product type, milk leads the India Plant-Based Dairy Products Market. It holds around 70% of the total market value.
By Material Type
- Fruits- Market Size & Forecast 2020-2030, USD Million
- Vegetables- Market Size & Forecast 2020-2030, USD Million
- Seeds & Nuts- Market Size & Forecast 2020-2030, USD Million
- Others
By Sales Channel
- Supermarkets/Hypermarkets- Market Size & Forecast 2020-2030, USD Million
- Convenience Stores- Market Size & Forecast 2020-2030, USD Million
- Specialty Stores- Market Size & Forecast 2020-2030, USD Million
- E-commerce- Market Size & Forecast 2020-2030, USD Million
- Others
By Nature
- Organic- Market Size & Forecast 2020-2030, USD Million
- Conventional- Market Size & Forecast 2020-2030, USD Million
By Nature, the organic segment leads the India Plant-Based Dairy Products Market. It holds more than 65 % of the total market share.
By End Use
- Bakery & Confectionery- Market Size & Forecast 2020-2030, USD Million
- Snacks & Savouries- Market Size & Forecast 2020-2030, USD Million
- Ready Meals- Market Size & Forecast 2020-2030, USD Million
- HoReCa- Market Size & Forecast 2020-2030, USD Million
- Dietary Supplements- Market Size & Forecast 2020-2030, USD Million
- Other Food Products- Market Size & Forecast 2020-2030, USD Million
- Others
By Region
- North
- South
- 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.
As indicated in the latest market research report published by Markntel Advisors, “India Plant-Based Dairy Products Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the India Plant-Based Dairy Products industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
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Top Companies Operating in the 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.
- Califia Farms
- GoodMylk
- Pacific Foods
- Hindustan Unilever Limited
- Sofit
- Epigamia
- ALT Foods
- 5 Degree
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Key Report Highlights:
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- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Frequently Asked Questions (FAQs)-
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