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India Vegan Food Market: Industry Trends, Size, Share, Growth (CAGR of 11.32%), Top Companies Analysis and Business Opportunities 2022-2027

03-10-2023 11:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

India Vegan Food Market: Industry Trends, Size, Share, Growth

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. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

India Vegan Food Market Trends:

The increasing awareness among individuals about the benefits of vegan food as compared to animal-based food products is among the key factors stimulating the India vegan food market. Moreover, the growing prevalence of chronic diseases and the rising health consciousness among consumers are acting as significant growth-inducing factors. Besides this, restaurants and fast-food chains are offering vegan meat, burritos, pizza, ice cream, waffles, cookies, brownies, etc., which is positively influencing the market growth. Furthermore, the introduction of packaged, dairy-free chocolates, cheese, fat spreads, milk, breakfast cereals, and unsweetened soya drinks that are strengthened with vitamin D by leading players is also propelling the market growth across the country. Apart from this, the inflating number of the masses with lactose intolerance is further fueling the market growth. Additionally, the launch of initiatives for using sustainable diets featuring plant-based foods by the government to aid fight climate change and other environmental issues caused by animal agriculture and fishing is anticipated to drive the India vegan food market over the forecasted period.

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

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

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

Industry Definition and Application:

A vegan diet involves the consumption of plant-based products, including grains, nuts, seeds, fruits, beans, pulses, vegetables, etc. These products are rich in antioxidants, fiber, potassium, magnesium, folate, protein, complex carbohydrates, minerals, and vitamins A, C, and E. Vegan food provides numerous health benefits, which comprise lowering cholesterol levels, and reducing the risk of cancer, managing type 2 diabetes, heart diseases, and other medical ailments. They aid in minimizing the pain of arthritis, boosting mood, promoting weight loss, controlling A1C levels, and improving skin health.

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
134 N 4th St
Brooklyn, NY 11249, 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.

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