India Plant-Based Dairy Products Market Overview and Insights:
According to Markntel Advisors Report, 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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Industry Growth 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.
What is Included in India Plant-Based Dairy Products Market Segmentation?
The report has segmented the market 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. This strong growth is attributed to a few factors. Increased consumer awareness of health and environmental issues has led the market towards dairy milk alternatives. On top of that, product innovation is a never-ending process, giving consumers a wide range of plant-based milk alternatives that differ in their various dietary needs and preferences. These range from almond to soy milk, oat, and coconut milk, among others. It contains different similarities compared to traditional milk which assists in making it a high user in cereal, baking, coffee, and cooking. Moreover, the duration of their availability in the market is longer as compared to other products, allowing them to gain traction.
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 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
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Who are the Key Players Operating in the India Plant-Based Dairy Products Industry?
The top companies of the India Plant-Based Dairy Products market ruling the industry are:
- 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
- 1.5 Degree
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