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India Vegan Food Market Share, Size, Analysis, Growth: By Product: Dairy Alternatives, Meat Substitutes, Egg Alternatives, Vegan Bakery, Confectionery, Plant-Based Snacks, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Speciality Stores, Online; Regional Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Vegan Food Market Overview
8.1 Key Industry Highlights
8.2 Global Vegan Food Historical Market (2018-2023)
8.3 Global Vegan Food Market Forecast (2024-2032)
8.4 Global Vegan Food Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 India Vegan Food Market Overview
9.1 Key Industry Highlights
9.2 India Vegan Food Historical Market (2018-2023)
9.3 India Vegan Food Market Forecast (2024-2032)
10 India Vegan Food Market by Product
10.1 Dairy Alternatives
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.1.3 Breakup by Dairy Alternative Type
10.1.3.1 Milk
10.1.3.2 Cheese
10.1.3.3 Yoghurt
10.1.3.4 Desserts
10.1.3.5 Others
10.2 Meat Substitutes
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.2.3 Breakup by Meat Substitute Type
10.2.3.1 Tofu
10.2.3.2 Textured Vegetable Protein (TVP)
10.2.3.3 Seiten
10.2.3.4 Quorn
10.2.3.5 Others
10.3 Egg Alternatives
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Vegan Bakery
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Confectionery
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Plant-Based Snacks
10.6.1 Historical Trend (2018-2023)
10.6.2 Forecast Trend (2024-2032)
10.7 Others
11 India Vegan Food Market by Distribution Channel
11.1 Supermarkets and Hypermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Convenience Stores
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Speciality Stores
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
12 India Vegan Food Market by Region
12.1 North India
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 East and Central India
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 West India
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 South India
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 One Good
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 GoodDot
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 EVO Foods
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Ahimsa Vegan Foods Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Dhond Group Green Infra LLP
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Piperleaf India Private Limited
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Soft Spot Foods Inc.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Jus Amazin Food and Beverages Pvt. Ltd
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Vezlay Foods Pvt. Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 The Hershey Company
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Vegan Food Market: Key Industry Highlights, 2018 and 2032
2. India Vegan Food Market: Key Industry Highlights, 2018 and 2032
3. India Vegan Food Historical Market: Breakup by Product (USD Million), 2018-2023
4. India Vegan Food Market Forecast: Breakup by Product (USD Million), 2024-2032
5. India Vegan Food Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. India Vegan Food Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. India Vegan Food Historical Market: Breakup by Region (USD Million), 2018-2023
8. India Vegan Food Market Forecast: Breakup by Region (USD Million), 2024-2032
9. India Vegan Food Market Structure
Key Questions Answered in the Report
The Indian vegan food market is projected to grow at a CAGR of 8.6% between 2024 and 2032.
The major drivers propelling the industry are the growing middle-class population, increased knowledge of global trends, need for protein transitions for human and planetary health, and deep-seated cultural views on meat consumption among India's diverse population.
The key trends furthering the market’s expansion are the growing number of restaurants catering to the vegan community and growing consumer awareness of healthy lifestyles.
The major regions in the market are North India, East and Central India, West India, and South India.
Dairy alternatives, meat substitutes, egg alternatives, vegan bakery, confectionery, and plant-based snacks, among others are the major product types in the market. Among these, dairy alternatives are further segmented into milk, cheese, yoghurt, and desserts, among others while meat substitutes are sub-divided into tofu, textured vegetable protein (TVP), seiten, and quorn, among others.
The distribution channels in the market are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The major players in the industry are One Good, GoodDot, EVO Foods, Ahimsa Vegan Foods Inc., Dhond Group Green Infra LLP, Piperleaf India Private Limited, Soft Spot Foods Inc., Jus Amazin Food and Beverages Pvt. Ltd, Vezlay Foods Pvt. Ltd., and The Hershey Company, among others.
Analyst Review
The India vegan food market is expected to grow in the forecast period of 2024-2032 at a CAGR of 8.6%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product types, the India vegan food market can be segmented into dairy alternatives, meat substitutes, egg alternatives, vegan bakery, confectionery, and plant-based snacks, among others. Among these, dairy alternatives are further segmented into milk, cheese, yoghurt, and desserts, among others while meat substitutes are sub-divided into tofu, textured vegetable protein (TVP), seiten, and quorn, among others. On the basis of distribution channels, supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others are the various segments. The major regional markets for the India vegan food are North India, East and Central India, West India, and South India. The key players in the above market include One Good, GoodDot, EVO Foods, Ahimsa Vegan Foods Inc., Dhond Group Green Infra LLP, Piperleaf India Private Limited, Soft Spot Foods Inc., Jus Amazin Food and Beverages Pvt. Ltd, Vezlay Foods Pvt. Ltd., and The Hershey Company, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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