Veganism, which is primarily a Western concept, has gained popularity in many southeast Asian countries, with different plant-based dairy products, such as pea milk, cashew milk and hemp milk gaining popularity, apart from oat milk, coconut milk and almond milk, which have made their place in the market. However, in India these products have not gained as much popularity because of their restricted usage and high price point.
Plant-based dairy products contain considerably fewer calories compared with their dairy-based counterparts, which makes them a popular choice amongst health-conscious consumers. For example, for consumers who drink multiple beverages per day, such as coffee, switching to plant-based milk can reduce their calorie count throughout the day compared with fresh milk.
Considering the huge Indian market and the business opportunities it generates, plant-based dairy is a lucrative space for many start-ups. Companies are currently experimenting with flavours and packaging in order to understand Indian consumers and their needs.
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Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in India with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See All of Our DefinitionsThis report originates from Passport, our Plant-based Dairy research and analysis database.
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