| Product Code: ETC7556271 | Publication Date: Sep 2024 | Product Type: Market Research Report | ||
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India vegan supplements market import shipment demonstrated strong growth with a CAGR of 15.2% from 2020 to 2024. However, there was a significant decline in growth rate between 2023 and 2024 at -62.3%, indicating a sharp deceleration in the market expansion during that period. Overall, while the market expanded robustly, there was a notable slowdown in momentum towards the end of the analyzed period.
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 Vegan Supplements Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Vegan Supplements Market Revenues & Volume, 2021 & 2031F |
3.3 India Vegan Supplements Market - Industry Life Cycle |
3.4 India Vegan Supplements Market - Porter's Five Forces |
3.5 India Vegan Supplements Market Revenues & Volume Share, By Ingredient, 2021 & 2031F |
3.6 India Vegan Supplements Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 India Vegan Supplements Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Vegan Supplements Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about health and wellness among the Indian population |
4.2.2 Rising concerns about animal welfare and sustainability |
4.2.3 Growing demand for plant-based alternatives due to dietary restrictions and preferences |
4.3 Market Restraints |
4.3.1 Limited availability of vegan supplement options in the market |
4.3.2 High prices of vegan supplements compared to conventional products |
4.3.3 Lack of regulatory framework specific to vegan supplements in India |
5 India Vegan Supplements Market Trends |
6 India Vegan Supplements Market, By Types |
6.1 India Vegan Supplements Market, By Ingredient |
6.1.1 Overview and Analysis |
6.1.2 India Vegan Supplements Market Revenues & Volume, By Ingredient, 2021- 2031F |
6.1.3 India Vegan Supplements Market Revenues & Volume, By Vitamins & Minerals, 2021- 2031F |
6.1.4 India Vegan Supplements Market Revenues & Volume, By Protein Supplements, 2021- 2031F |
6.1.5 India Vegan Supplements Market Revenues & Volume, By Omega-3 Fatty Acids, 2021- 2031F |
6.1.6 India Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.2 India Vegan Supplements Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 India Vegan Supplements Market Revenues & Volume, By Capsules, 2021- 2031F |
6.2.3 India Vegan Supplements Market Revenues & Volume, By Tablets, 2021- 2031F |
6.2.4 India Vegan Supplements Market Revenues & Volume, By Powders, 2021- 2031F |
6.2.5 India Vegan Supplements Market Revenues & Volume, By Liquids, 2021- 2031F |
6.2.6 India Vegan Supplements Market Revenues & Volume, By Others, 2021- 2031F |
6.3 India Vegan Supplements Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Vegan Supplements Market Revenues & Volume, By Offline, 2021- 2031F |
6.3.3 India Vegan Supplements Market Revenues & Volume, By Online, 2021- 2031F |
7 India Vegan Supplements Market Import-Export Trade Statistics |
7.1 India Vegan Supplements Market Export to Major Countries |
7.2 India Vegan Supplements Market Imports from Major Countries |
8 India Vegan Supplements Market Key Performance Indicators |
8.1 Number of vegan supplement brands entering the Indian market |
8.2 Growth in the number of retail outlets carrying vegan supplements |
8.3 Increase in online searches for vegan supplements in India |
8.4 Adoption rate of vegan diets among the Indian population |
8.5 Number of vegan certifications obtained by supplement manufacturers in India |
9 India Vegan Supplements Market - Opportunity Assessment |
9.1 India Vegan Supplements Market Opportunity Assessment, By Ingredient, 2021 & 2031F |
9.2 India Vegan Supplements Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 India Vegan Supplements Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Vegan Supplements Market - Competitive Landscape |
10.1 India Vegan Supplements Market Revenue Share, By Companies, 2024 |
10.2 India Vegan Supplements Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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