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PUBLISHER: Grand View Research | PRODUCT CODE: 1790115

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PUBLISHER: Grand View Research | PRODUCT CODE: 1790115

India Dairy Alternatives Market Size, Share & Trends Analysis Report By Source (Soy, Almond, Coconut, Rice, Oats, Others), By Product (Milk, Yogurt, Cheese), By Distribution Channel, And Segment Forecasts, 2025 - 2033

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India Dairy Alternatives Market Summary

The India dairy alternatives market size was estimated at USD 905.0 million in 2024 and is projected to reach USD 3,117.6 million by 2033, growing at a CAGR of 14.8% from 2025 to 2033. This robust growth is significantly driven by increasing consumer awareness regarding health and environmental benefits of plant-based options, alongside a rising prevalence of lactose intolerance within the Indian population, fueling the India dairy alternatives industry.

India, a significant and rapidly growing economy, is projected to be the fourth-largest globally in 2025. With a vast and diverse population, India has observed a substantial shift in consumer trends and lifestyle preferences, particularly within urban areas, in recent years. As of 2024, individuals aged 15 to 29 constituted approximately 29% of the population. This demographic is expected to be a key contributor to the expanding demand for dairy alternatives in India, driven by factors such as increasing health awareness and a shift toward plant-based options.

India Dairy Alternatives Market Report Segmentation

This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the India dairy alternatives market report based on source, product, distribution channel:

  • Source Outlook (Revenue, USD Million, 2021 - 2033)
  • Soy
  • Almond
  • Coconut
  • Rice
  • Oats
  • Others
  • Product Outlook (Revenue, USD Million, 2021 - 2033)
  • Milk
  • Yogurt
  • Cheese
  • Ice-cream
  • Creamer
  • Others
  • Distribution Channel Outlook (Revenue, USD Million, 2021 - 2033)
  • Supermarket & Hypermarkets
  • Convenience Stores
  • Online retail
  • Others
Product Code: GVR-4-68040-681-2

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Snapshot
  • 2.2. Segment Snapshot
  • 2.3. Competitive Landscape Snapshot

Chapter 3. India Dairy Alternatives Market Variables, Trends & Scope

  • 3.1. Market Lineage Outlook
    • 3.1.1. Parent Market Outlook
    • 3.1.2. Related Market Outlook
  • 3.2. Industry Value Chain Analysis
  • 3.3. Regulatory Framework
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges
    • 3.4.4. Industry Opportunities
  • 3.5. Industry Analysis Tools
    • 3.5.1. Porter's Five Forces Analysis
  • 3.6. Market Entry Strategies

Chapter 4. India Dairy Alternatives Market: Source Estimates & Trend Analysis

  • 4.1. India Dairy Alternatives Market Source: Key Takeaways
  • 4.2. Source Movement Analysis & Market Share, 2024 & 2033
  • 4.3. India Dairy Alternatives Market Estimates & Forecast, By Source, 2021 to 2033 (USD Million)
    • 4.3.1. Soy
      • 4.3.1.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 4.3.2. Almond
      • 4.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 4.3.3. Coconut
      • 4.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 4.3.4. Rice
      • 4.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 4.3.5. Oats
      • 4.3.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 4.3.6. Others
      • 4.3.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)

Chapter 5. India Dairy Alternatives Market: Product Estimates & Trend Analysis

  • 5.1. India Dairy Alternatives Market Product: Key Takeaways
  • 5.2. Product Movement Analysis & Market Share, 2024 & 2033
  • 5.3. India Dairy Alternatives Market Estimates & Forecast, By Product, 2021 to 2033 (USD Million)
    • 5.3.1. Milk
      • 5.3.1.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 5.3.2. Yogurt
      • 5.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 5.3.3. Cheese
      • 5.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 5.3.4. Ice-cream
      • 5.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 5.3.5. Creamer
      • 5.3.5.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 5.3.6. Others
      • 5.3.6.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)

Chapter 6. India Dairy Alternatives Market: Distribution Channel Estimates & Trend Analysis

  • 6.1. India Dairy Alternatives Market Distribution Channel: Key Takeaways
  • 6.2. Distribution Channel Movement Analysis & Market Share, 2024 & 2033
  • 6.3. India Dairy Alternatives Market Estimates & Forecast, By Distribution Channel, 2024 to 2033 (USD Million)
    • 6.3.1. Supermarket & Hypermarkets
      • 6.3.1.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 6.3.2. Convenience Stores
      • 6.3.2.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 6.3.3. Online Retail
      • 6.3.3.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)
    • 6.3.4. Others
      • 6.3.4.1. Market Estimates & Forecasts, 2021 to 2033 (USD Million)

Chapter 7. India Dairy Alternatives Market - Competitive Landscape

  • 7.1. Recent Developments & Impact Analysis by Key Market Participants
  • 7.2. Company Categorization
  • 7.3. Company Market Share, 2024
  • 7.4. Company Heat Map/ Positioning Analysis
  • 7.5. Strategy Mapping
  • 7.6. Company Profiles
    • 7.6.1. Goodmylk Co. (Nourish You)
      • 7.6.1.1. Company Overview
      • 7.6.1.2. Financial Performance
      • 7.6.1.3. Product Benchmarking
      • 7.6.1.4. Strategic Initiatives
    • 7.6.2. The Hershey Company
      • 7.6.2.1. Company Overview
      • 7.6.2.2. Financial Performance
      • 7.6.2.3. Product Benchmarking
      • 7.6.2.4. Strategic Initiatives
    • 7.6.3. Epigamia
      • 7.6.3.1. Company Overview
      • 7.6.3.2. Financial Performance
      • 7.6.3.3. Product Benchmarking
      • 7.6.3.4. Strategic Initiatives
    • 7.6.4. The Alternative Company
      • 7.6.4.1. Company Overview
      • 7.6.4.2. Financial Performance
      • 7.6.4.3. Product Benchmarking
      • 7.6.4.4. Strategic Initiatives
    • 7.6.5. Jus Amazin
      • 7.6.5.1. Company Overview
      • 7.6.5.2. Financial Performance
      • 7.6.5.3. Product Benchmarking
      • 7.6.5.4. Strategic Initiatives
    • 7.6.6. Country Delight
      • 7.6.6.1. Company Overview
      • 7.6.6.2. Financial Performance
      • 7.6.6.3. Product Benchmarking
      • 7.6.6.4. Strategic Initiatives
    • 7.6.7. Only Earth
      • 7.6.7.1. Company Overview
      • 7.6.7.2. Financial Performance
      • 7.6.7.3. Product Benchmarking
      • 7.6.7.4. Strategic Initiatives
    • 7.6.8. Grabenord
      • 7.6.8.1. Company Overview
      • 7.6.8.2. Financial Performance
      • 7.6.8.3. Product Benchmarking
      • 7.6.8.4. Strategic Initiatives
Product Code: GVR-4-68040-681-2

List of Tables

  • Table 1. India dairy alternatives market estimates and forecast, 2021 - 2033 (USD Million)
  • Table 2. India dairy alternatives market estimates and forecast, by source, 2021 - 2033 (USD Million)
  • Table 3. India dairy alternatives market estimates and forecast, by product, 2021 - 2033 (USD Million)
  • Table 4. India dairy alternatives market estimates and forecast, by distribution channel, 2021 - 2033 (USD Million)

List of Figures

  • Fig. 1 India dairy alternatives market segmentation
  • Fig. 2 Information procurement
  • Fig. 3 Primary research pattern
  • Fig. 4 Primary research approaches
  • Fig. 5 Primary research process
  • Fig. 6 Market snapshot
  • Fig. 7 Product segment snapshot
  • Fig. 8 Application segment snapshot
  • Fig. 9 Competitive landscape snapshot
  • Fig. 10 India dairy alternatives market value, 2024 (USD Million)
  • Fig. 11 India dairy alternatives market- Industry value chain analysis
  • Fig. 12 India dairy alternatives market dynamics
  • Fig. 13 India dairy alternatives market: Porter's analysis
  • Fig. 14 India dairy alternatives market, by source: Key takeaways
  • Fig. 15 India dairy alternatives market, by source: Market share, 2024 & 2033
  • Fig. 16 Soy market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 17 Almond market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 18 Coconut market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 19 Rice market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 20 Oats market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 21 Others market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 22 India dairy alternatives market, by product: Key takeaways
  • Fig. 23 India dairy alternatives market, by product: Market share, 2024 & 2033
  • Fig. 24 Milk market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 25 Yogurt market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 26 Cheese market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 27 Ice-cream market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 28 Creamer market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 29 Others market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 30 India dairy alternatives market, by distribution channel: Key takeaways
  • Fig. 31 India dairy alternatives market, by distribution channel: Market share, 2024 & 2033
  • Fig. 32 Supermarket & Hypermarket market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 33 Convenience Stores market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 34 Online Retail market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 35 Others market estimates & forecasts, 2021 - 2033 (USD Million)
  • Fig. 36 Key company categorization
  • Fig. 37 Strategic framework
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