| Product Code: ETC4549465 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The plant-based beverages market in India has been expanding as consumers seek dairy alternatives for health and ethical reasons. Plant-based beverages include a wide variety of products such as almond milk, soy milk, and oat milk. These alternatives are becoming increasingly popular among lactose-intolerant individuals and those looking to reduce their environmental footprint. The market for plant-based beverages is expected to continue growing as more consumers embrace these alternatives and as innovation in product development offers a wider range of options.
The plant-based beverages market in India is witnessing substantial growth due to several key factors. Increasing awareness of environmental sustainability and animal welfare issues has led to a shift towards plant-based diets. As a result, consumers are seeking dairy alternatives such as almond milk, soy milk, and oat milk. Furthermore, the rise in lactose intolerance and milk allergies is driving the demand for these plant-based beverages. The market is also benefiting from innovative product launches and marketing efforts by industry players.
The plant-based beverages market in India faces challenges such as consumer awareness and acceptance, as there`s still a strong preference for traditional dairy products. Supply chain disruptions and pricing issues can also be hurdles, as raw materials for plant-based beverages can be expensive and seasonal.
The India Plant-Based Beverages market has experienced mixed effects during the COVID-19 pandemic. While there has been an increased interest in plant-based and dairy-free beverages, supply chain disruptions and production challenges have affected the availability of these products. As consumer preferences continue to evolve towards healthier and sustainable options, the India Plant-Based Beverages market is expected to recover and maintain long-term growth.
The India Plant-Based Beverages market features major companies such as Mother Dairy Fruit & Vegetable Pvt. Ltd., Nutrafruit (India) Pvt. Ltd., and Keventer Agro Limited. These companies produce a wide range of plant-based beverages, including almond, soy, and coconut milk.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Plant-based Beverages Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Plant-based Beverages Market Revenues & Volume, 2021 & 2031F |
3.3 India Plant-based Beverages Market - Industry Life Cycle |
3.4 India Plant-based Beverages Market - Porter's Five Forces |
3.5 India Plant-based Beverages Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Plant-based Beverages Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 India Plant-based Beverages Market Revenues & Volume Share, By Function, 2021 & 2031F |
4 India Plant-based Beverages Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits associated with plant-based beverages |
4.2.2 Growing trend towards veganism and vegetarianism in India |
4.2.3 Expansion of distribution channels and availability of plant-based beverages in retail outlets |
4.3 Market Restraints |
4.3.1 High prices of plant-based beverages compared to traditional dairy products |
4.3.2 Lack of awareness and limited understanding of plant-based beverages among consumers |
4.3.3 Challenges in sourcing quality ingredients for plant-based beverages production |
5 India Plant-based Beverages Market Trends |
6 India Plant-based Beverages Market, By Types |
6.1 India Plant-based Beverages Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Plant-based Beverages Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Plant-based Beverages Market Revenues & Volume, By Almond, 2021-2031F |
6.1.4 India Plant-based Beverages Market Revenues & Volume, By Soy, 2021-2031F |
6.1.5 India Plant-based Beverages Market Revenues & Volume, By Coconut, 2021-2031F |
6.1.6 India Plant-based Beverages Market Revenues & Volume, By Rice, 2021-2031F |
6.2 India Plant-based Beverages Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 India Plant-based Beverages Market Revenues & Volume, By Milk , 2021-2031F |
6.2.3 India Plant-based Beverages Market Revenues & Volume, By Other Drinks, 2021-2031F |
6.3 India Plant-based Beverages Market, By Function |
6.3.1 Overview and Analysis |
6.3.2 India Plant-based Beverages Market Revenues & Volume, By Cardiovascular health, 2021-2031F |
6.3.3 India Plant-based Beverages Market Revenues & Volume, By Cancer prevention, 2021-2031F |
6.3.4 India Plant-based Beverages Market Revenues & Volume, By Lactose intolerance, 2021-2031F |
6.3.5 India Plant-based Beverages Market Revenues & Volume, By Bone health, 2021-2031F |
7 India Plant-based Beverages Market Import-Export Trade Statistics |
7.1 India Plant-based Beverages Market Export to Major Countries |
7.2 India Plant-based Beverages Market Imports from Major Countries |
8 India Plant-based Beverages Market Key Performance Indicators |
8.1 Consumer engagement with plant-based beverage brands on social media platforms |
8.2 Number of new product launches and innovations in the plant-based beverages segment |
8.3 Growth in the number of plant-based beverages startups and companies entering the market |
9 India Plant-based Beverages Market - Opportunity Assessment |
9.1 India Plant-based Beverages Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Plant-based Beverages Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 India Plant-based Beverages Market Opportunity Assessment, By Function, 2021 & 2031F |
10 India Plant-based Beverages Market - Competitive Landscape |
10.1 India Plant-based Beverages Market Revenue Share, By Companies, 2024 |
10.2 India Plant-based Beverages Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |