India $175+ Million Dairy Alternatives Markets to 2027 by Type, Formulation, Source, Distribution, Region, and Competitive Landscape

DUBLIN, March 7, 2022 /PRNewswire/ — The “India Dairy Alternatives Market, By Type (Milk, Butter, Yogurt, Cheese, Others (Ice Cream, Cream, Tofu, Smoothies, and so on.)), By Formulation (Unsweetened and Sweetened), By Source, By Distribution Channel, By Region, Competition, Forecast & Opportunities, FY2017-FY2027” report has been added to ResearchAndMarkets.com’s providing.
The Indian Dairy Alternatives Market stood at USD94.92 million in FY2021, rising with a CAGR of 11.36% to attain a worth of USD175.36 million by FY2027.
The enhance within the expenditure capability of the shoppers and booming client base with lactose intolerance are driving the expansion of the dairy different market via FY2027. The rise in consciousness about some great benefits of consuming plant-based merchandise and the opposed impact of procuring animal merchandise on animal well being is predicted to enhance the demand of the Indian Dairy Alternatives Market.
The rise within the variety of market gamers and the adoption of on-line gross sales channels by the market gamers to enhance the patron base and gross sales is predicted to affect the demand of the Indian Dairy Alternatives Market for the following 5 years.
The market gamers are adopting engaging advertising methods to elevate consciousness among the many shoppers concerning the consumption of plant-based meals objects and drinks and introducing merchandise in engaging packaging, measurement, and shade to enhance the gross sales of their respective merchandise within the nation.The Indian Dairy Alternatives Market is segmented based mostly on kind, formulation, supply, distribution channel, area, and competitional panorama. Based on kind, the market is split into milk, butter, yogurt, cheese, and others. Others sub-segment is additional fragmented into ice cream, cream, tofu, and smoothies. The milk phase is predicted to maintain the most important market share for the forecast interval, FY2023-FY2027.
Increasing well being consciousness among the many shoppers and the presence of many lactose-intolerant individuals are the important thing components influencing the excessive demand for milk within the nation. Companies are promoting their merchandise in a variety of choices corresponding to soy milk, almond milk, coconut milk, and different non-dairy options derived from oats or flax.Objective of the Study:

To analyze the historic progress out there measurement of the Indian Dairy Alternatives Market from FY2017 to FY2021.
To estimate and forecast the market measurement of the Indian Dairy Alternatives Market from FY2022 to FY2027 and progress charge till FY2027.
To classify and forecast the Indian Dairy Alternatives Market based mostly on kind, formulation, supply, distribution channel, area, and competitional panorama.
To determine the dominant area or phase within the Indian Dairy Alternatives Market.
To determine drivers and challenges for the Indian Dairy Alternatives Market.
To determine and analyze the profile of main gamers working within the Indian Dairy Alternatives Market.
To determine key sustainable methods adopted by the market gamers within the Indian Dairy Alternatives Market.

Competitive Landscape
Company Profiles: Detailed evaluation of the key corporations current within the Indian Dairy Alternatives Market.

Hershey India Private Ltd. (Sofit)
Dr. Oetker India Pvt Ltd.
Agro Tech Foods Limited (Sundrop)
Life Health Foods India Private Limited (So Good)
Rakyan Beverages Private Limited (RAW Pressery)
Dabur India Limited (Hommade)
Veganarke Enterprises Pvt Ltd (GoodMylk)
Naturise Consumer Products Pvt Ltd (Only Earth)
Drums Food International Private Limited (Epigamia)
Istore Direct Trading Pvt Ltd (Urban Platter)
Jus Amazin Food and Beverages Pvt. Ltd.

Report Scope:
Years thought of for this report:

Historical Years: FY2017-FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023-FY2027

India Dairy Alternatives Market, By Type:

Milk
Butter
Yogurt
Cheese
Others

India Dairy Alternatives Market, By Formulation:

India Dairy Alternatives Market, By Source:

Soy
Coconut
Almond
Others

India Dairy Alternatives Market, By Distribution Channel:

Grocery/Convenience Store
Supermarket/Hypermarket
Online
Others

India Dairy Alternatives Market, By Region:

For extra details about this report go to https://www.researchandmarkets.com/r/8yj0dy
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SOURCE Research and Markets

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