India Vegan Food Market: Industry Outlook, Size, Share, Growth (CAGR of 11.32%), Top Companies Analysis and Research Report 2022-2027

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 refers to plant-based alternatives for dairy and meat. They include tofu, textured vegetable protein (TVP), cheese, seitan, quorn, etc. These vegan food products are rich sources of antioxidants, fiber, protein, potassium, folate, magnesium, minerals, complex carbohydrates, vitamin A, vitamin C, vitamin E, etc. They help to lower cholesterol levels, manage type 2 diabetes, reduce the risk of cancer and heart ailments, minimize the pain of arthritis, boost energy, promote, weight loss, and improve skin health, etc. As a result, vegan diet items are in extensive demand among consumers in India.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/india-vegan-food-market/requestsample

Year Considered to Estimate the Market Size:

Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027

India Vegan Food Market Trends:

The growing awareness among people about the health benefits of vegan food in comparison to animal-based food products is among the key factors driving the India vegan food market. Moreover, the emerging trend among restaurants and fast-food chains of offering vegan meat, pizza, waffles, burritos, ice cream, cookies, brownies, etc., is also positively influencing the market across the country. Apart from this, the rising number of individuals suffering from lactose intolerance and the introduction of packaged and dairy-free milk, chocolates, cheese, fat spreads, breakfast cereals, unsweetened soya drinks, etc., fortified with vitamin D by leading market players are acting as significant growth-inducing factors. In addition to this, the launch of several favorable policies by the government bodies aimed at promoting the adoption of a sustainable diet featuring plant-based foods that help fight climate change and other environmental issues caused by fishing activities and animal agriculture is expected to propel the India vegan food market in the coming years.

Key Market Segmentation:

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

Breakup by Product:

• Dairy Alternatives:
o Cheese
o Dessert
o Snacks
o Others

• Meat Substitutes:
o Tofu
o TVP
o Seiten
o Quorn
o 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 India vegan food market has been studied in the report with the detailed profiles of the key players operating in the market.

Ask Analyst for 10% Free Customized Report: https://www.imarcgroup.com/request?type=report&id=4670&flag=C

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

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.

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

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.

This release was published on openPR.