India Plant-Based Food Products Market Forecast: Growth Drivers & Outlook to 2028

Market Overview

This research report provides a concise overview of the India Plant-Based Food Products Market, covering essential elements such as market size, share, growth, report, analysis, trends, industry report, and forecast report. It offers valuable insights into the current global market landscape, highlighting key developments and emerging opportunities. Backed by data and expert evaluation, the report helps businesses, investors, and decision-makers understand evolving market dynamics. With segment-wise coverage and forward-looking analysis, this market research serves as a practical tool for navigating the future of the India Plant-Based Food Products Market.

India Plant-Based Food Products Market Statistic and Research Methodology

The India Plant-Based Food Products Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2023-28. 

  • We follow a proven methodology for precise and accurate market assessments.
  • Research objectives are set clearly, with tailored methodologies for clients.
  • We choose representative samples to ensure collected data is reliable.
  • Data analysis includes thorough cleaning and validation of findings.
  • Predictive modeling helps us forecast trends, presented in detailed reports.

In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

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Market Key Driver-

A Substantial Number of Flexitarian Populations Across the country- Religious customs and ethical considerations have influenced vegetarianism in India for ages. As per recent census data by the Government of India (GOI), The country has the highest number of vegetarians globally, accounting for 30 percent of the country's population. The remaining population falls under the 'flexitarian' who has a generally vegetarian diet with only occasional meat or fish consumption. These factors have called for more plant-based food products across the retail networks, accelerating the market growth with a sizable revenue share during the forecast period.

Key Player: -

  • Amy's Kitchen Inc.
  • Axiom Foods
  • Daiya Foods
  • Ahimsa Foods
  • Nestlé S.A.
  • Evolved Foods
  • Nutiva, Inc.
  • Schouten Food
  • GoodDot
  • Vezlay
  • Others

 

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Segmentation Analysis-

By Type

  • Plant-Based Meat
    • Burger Patties
    • Sausage
    • Textured Vegetable Protein
    • Tofu
    • Seitan
    • Others (Nuggets, Meatballs, etc.)
  • Plant-Based Dairy
    • Milk
    • Cheese
    • Yogurt
    • Others (Cream, Condensed milk, etc.)
  • Plant-Based Bakery
  • Plant-Based Confectionary
  • Others (Plant-Based Snacks, Egg Alternatives, etc.)

Here, Plant-Based Meat has garnered the maximum market share among others in the historical period and is likely to prevail in the same trend during the forecast period. 

By Sales Channel

  • Business-to-Business
  • Business-to-Consumer
    • Hypermarket
    • Convenience Store
    • Online

By Source

  • Soy Protein
  • Almond Protein
  • Wheat Protein
  • Pea Protein
  • Others (Rice Protein, etc.)

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Geography-

  • North
  • South
  • East
  • West
  • Northeast

Frequently Asked Questions (FAQ)

  1. What is the current  size and expected growth of the India Plant-Based Food Products Market?
  2. How is India Plant-Based Food Products market share distributed across geography and major players?
  3. What key trends are shaping the future of the market?
  4. How does this research report support strategic business planning?
  5. What insights are included in the India Plant-Based Food Products market analysis and forecast reports?

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