India Dairy Alternative Market : Size, Outlook, Trend and Forecast Till 2024

Market Reports on India Provides the Trending Market Research Report on “India Dairy Alternative Market By Type (Soy, Almond, Coconut, Others), By Formulation Type (Sweetened Vs. Unsweetened), By Distribution Channel (Supermarket/Hypermarket, Grocery/Convenience Store, Online & Others), Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

India Dairy Alternative Market stood at $ 20.9 million in 2018 and is projected to grow at a CAGR of 20.7% to reach $ 63.9 million by 2024, on account of increasing participation of the young population in sports and fitness activities and growing consumer inclination towards low fat milk beverages. Dairy alternatives are beverages primarily available as an option for lactose intolerance and milk allergy. However, they are now being used for everyday drink. Different sales channels and rising importance of internet retailing is adding impetus to India dairy alternative market.
In terms of type, India dairy alternative market has been categorized into soymilk, almond milk, coconut milk and others. The soymilk segment dominated the market in 2018 and is expected to maintain its dominance in the coming years as well, on account of high awareness and easy availability of soymilk due to a large number of players in this segment when compared to other segments.

Request a free sample copy of Dairy Alternative Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1640029

India Dairy Alternative Market

Among regions, North India accounted for the largest share of around 40% in India dairy alternative market in 2018, owing to rising awareness towards health-consciousness and need for physical fitness in the region. Moreover, with changing lifestyle, consumers in north India are comparatively less price conscious. Additionally, easy availability of various beverage option is further boosting the region’s dairy alternative market.

Some of the leading players in India dairy alternatives market are Hershey India Private Limited, Life Health Foods (India) Private Limited, Rakyan Beverages Private Limited, Dabur India Ltd, Tilda Hain Celestial, etc.


Years considered for this report:

Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024


Objective of the Study:

  • To analyze and forecast India dairy alternative market size.
  • To classify and forecast India dairy alternative market based on type, formulation type, distribution channel and regional distribution.
  • To identify drivers and challenges for India dairy alternative market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India dairy alternative market.
  • To conduct pricing analysis for India dairy alternative market.
  • To identify and analyze the profile of leading players operating in India dairy alternative market.
Some of the leading players in India dairy alternative market are Hershey India Private Limited, Life Health Foods (India) Private Limited, Rakyan Beverages Private Limited, Dabur India Ltd, Tilda Hain Celestial, etc.

Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.




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