openPR Logo
Press release

India Vegan Food Market Size, Growth, Statistics and Competitive Outlook Forecast to 2022-2027

06-07-2022 08:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Vegan Food Market Size, Growth, Statistics

According to IMARC Group's latest report, titled "India Vegan Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, the India vegan food market is expected to exhibit a CAGR of 11.32% during 2022-2027. Vegan food comprises various edible food products prepared using plant-based ingredients, including soy, oats, wheat, almonds, tofu, rice, and coconuts. Some commonly consumed vegan food includes fruits, vegetables, grains, pulses, seeds, nuts, and beans. It is free from animal-derived products, such as milk, eggs, honey, and gelatin and contains low amounts of cholesterol and saturated fats. It is a rich source of fiber, antioxidants, potassium, magnesium, folic acid, protein, iron, and vitamins A, B1, C, and E. As a result, vegan food has gained immense popularity in India as a healthy alternative to dairy, meat, and meat-based products due to its similar taste, texture, and flavor.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/india-vegan-food-market/requestsample

India Vegan Food Market Trends and Drivers:

The shifting dietary patterns and the growing health consciousness among the masses represent the primary factors driving the market in India. This can be attributed to the rising incidences of chronic lifestyle diseases, such as obesity, diabetes, cardiovascular disorders, and cancer. Additionally, the Government of India is taking favorable initiatives to promote the uptake of sustainable plant-based diets to help fight climate change and other environmental issues caused by animal agriculture and fishing. In line with this, the increasing concerns regarding animal cruelty and the surging awareness about the nutritional benefits of vegan food have augmented the product demand.

Furthermore, several key players are launching premium-quality packaged dairy-free vegan food items, such as chocolates, milk, cheese, breakfast cereals, and unsweetened soya drinks. Besides this, the rising adoption of innovative packaging solutions and aggressive promotional activities like athlete and celebrity endorsements have propelled the market growth. Moreover, with the introduction of ready-to-eat (RTE) vegan food in exotic flavors, several restaurants and fast-food chains across the country are offering a vegan-friendly menu, thereby contributing to product sales. Other factors, including the emerging veganism trend, increasing prevalence of lactose intolerance, inflating consumer expenditure capacities, rapid urbanization, and changing lifestyle preferences, are also creating a positive market outlook.

Key Market Segmentation:

The report has segmented the India vegan food market on the basis of product, source, distribution channel and region.

Breakup by Product:

Dairy Alternatives:
• Cheese
• Dessert
• Snacks
• Others

Meat Substitutes:
• Tofu
• TVP
• Seiten
• Quorn
• Others

Others

Breakup by Source:

• Almond
• Soy
• Oats
• Wheat
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Stores
• Others

Breakup by Region:

• North India
• West and Central India
• South India
• East India

Competitive Landscape With Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=4670&flag=C

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release India Vegan Food Market Size, Growth, Statistics and Competitive Outlook Forecast to 2022-2027 here

News-ID: 2645965 • Views: 224

More Releases from IMARC Group

Biotech Ingredients Market Reach US$ 72.6 Billion by 2027 | CAGR of 5.16%
According to the latest report by IMARC Group, titled, "Biotech Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global biotech ingredients market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global biotech ingredients market reached a value of US$ 53.8 Billion in 2021. Looking forward, IMARC Group expects
Bottled Water Market Reach US$ 339.5 Billion by 2027 | CAGR of 7.4%
According to the latest report by IMARC Group, titled, "Bottled Water Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global bottled water market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global bottled water market size reached US$ 220.5 Billion in 2021. Looking forward, IMARC Group expects the market
Health Insurance Market Reach US$ 2426.6 Billion by 2027 | CAGR of 7.2%
According to the latest report by IMARC Group "Health Insurance Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global health insurance market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global health insurance market reached a value of US$ 1,590 Billion in 2021. Looking forward, IMARC Group expects the
Furniture Market Reach US$ 676 Billion by 2027 | CAGR of 3.4%
According to the latest report by IMARC Group "Furniture Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global furniture market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The global furniture market reached a value of US$ 651 Billion in 2021. Looking forward, IMARC Group expects the market to reach

All 5 Releases


More Releases for India

Medical Tour India | Affordable Treatment In India
We at MedCredible look after the well being of the patients seeking treatment in India. Our support staff support is well trained in handling various situations arising due to cross border differences. All the patients can avail of high-quality treatment at an extremely affordable cost in a compassionate environment combined with ethical practices. With options of over 100 + Hospitals and Institutions, we at Medcredible ensure that we connect the
01-17-2011 | Health & Medicine
KJIVF
IVF India, Test Tube baby India
The aim of setting up KJIVF is to help infertile couples in achieving conception through modern diagnostic and treatment methods. KJIVF Centre has given the best results by blessing infertile couples of advanced age with children, these couples could never dream of becoming parents. Thousands of babies are conceived through in-vitro fertilization (IVF) each year; In-Vitro Fertilization (IVF) means fertilization outside the body. A baby developed from an egg that
Beach Holiday India- Best Beaches in India
The natural beauty, exotic locations and rich heritage has helped India to stand as the most visited and most popular tourist spot in the world. The status of “Incredible India”, is defined by an incredible range of nature’s blessings on the Indian subcontinent and this incredibility is doubled by one of the most fabulous tourism option available in the country that are the brilliant and majestic beaches in India.
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these
Interior Designers India, Designers and Architects India
Today, we have recognized ourselves as a booming beauty interior designing firm, offering services that include interior designing. We are a winning firm, which is based on the strong foundation of innovative and original ideas for interior, architectural and landscaping designing services. Synergy Corporate Interior Design Association has more corporate members. Who provide Products and services. We support Interior Designers India, Designers and Architects India. We are committed to the
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will