DUBLIN--(BUSINESS WIRE)--The "India Dairy Alternative Market By Type (Soy, Almond, Coconut, Others), By Formulation Type, By Distribution Channel (Supermarket/Hypermarket, Grocery/Convenience Store, Online & Others), Competition, Forecast & Opportunities, 2024" report has been added to ResearchAndMarkets.com's offering.
The Indian dairy alternative market stood at $20.9 million in 2018 and is projected to grow at a CAGR of 20.7% to reach $63.9 million by 2024, on account of increasing participation of the young population in sports and fitness activities and growing consumer inclination towards low-fat milk beverages.
Dairy alternatives are beverages primarily available as an option for lactose intolerance and milk allergy. However, they are now being used for an everyday drink. Different sales channels and the rising importance of internet retailing is adding impetus to the Indian dairy alternative market.
In terms of type, the Indian dairy alternative market has been categorized into soymilk, almond milk, coconut milk and others. The soymilk segment dominated the market in 2018 and is expected to maintain its dominance in the coming years as well, on account of high awareness and easy availability of soymilk due to a large number of players in this segment when compared to other segments.
Among regions, North India accounted for the largest share of around 40% in the Indian dairy alternative market in 2018, owing to rising awareness towards health-consciousness and need for physical fitness in the region. Moreover, with changing lifestyle, consumers in north India are comparatively less price conscious. Additionally, the easy availability of various beverage option is further boosting the region's dairy alternative market.
Some of the leading players in the Indian dairy alternative market are Hershey India Private Limited, Life Health Foods (India) Private Limited, Rakyan Beverages Private Limited, Dabur India Ltd, Tilda Hain Celestial, etc.
Years Considered for this Report
- Historical Years: 2014-2017
- Base Year: 2018
- Estimated Year: 2019
- Forecast Period: 2020-2024
Objectives of the Study
- To analyze and forecast the Indian dairy alternative market size.
- To classify and forecast the Indian dairy alternative market based on type, formulation type, distribution channel and regional distribution.
- To identify drivers and challenges for the Indian dairy alternative market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Indian dairy alternative market.
- To conduct a pricing analysis for the Indian dairy alternative market.
To identify and analyze the profile of leading players operating in the Indian dairy alternative market.
Key Topics Covered
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer/Customer Insights
4.1. Brand Awareness
4.2. Sources of Information
4.3. Preferred Mode of Buying
4.4. Factors Influencing Purchase Decisions
4.5. Frequency of Purchase & Usage
5. India Dairy Alternatives System Market Overview
6. India Dairy Alternatives system Market Outlook
6.1. Market Size & Forecast
6.1.1. Value and volume
6.2. Market Share & Forecast
6.2.1. By Source (Soy, Almond, Coconut, Others)
6.2.2. By Sweetened Vs. Unsweetened
6.2.3. By Distribution Channel (Supermarket/Hypermarket, Grocery/ Convenience Store, Online & Others)
6.2.4. By Region (North, East, South and West)
6.2.5. By Company
6.3. Market Attractiveness Index (By Type, By Region)
7. India Soy Milk Market Outlook
7.1. Market Size & Forecast
7.1.1. Market Size & Forecast
22.214.171.124. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Formulation Type
7.2.2. By Distribution Channel
7.3. Pricing Analysis
8. India Almond Milk Market Outlook
8.1. Market Size & Forecast
8.1.1. Market Size & Forecast
126.96.36.199. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Formulation Type
8.2.2. By Distribution Channel
8.3. Pricing Analysis
9. India Coconut Milk Market Outlook
9.1. Market Size & Forecast
9.1.1. Market Size & Forecast
188.8.131.52. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Formulation Type
9.2.2. By Distribution Channel
9.3. Pricing Analysis
10. Supply Chain Analysis
11. Import - Export Analysis
12. Market Dynamics
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Company Profiles (Top 10 Companies)
14.2.1. Hershey India Private Limited
14.2.2. Life Health Foods (India) Private Limited
14.2.3. Rakyan Beverages Private Limited
14.2.4. Dabur India Ltd.
14.2.5. Tilda Hain Celestial
14.2.6. Tajir Private Limited
14.2.7. D.C. Johar & Sons Pvt. Ltd.
14.2.8. Chetran Foods Private Limited
14.2.9. Go Vegan
14.2.10. Danone Foods & Beverages India Private Ltd.
(Note: The companies list can be customized based on the client requirements)
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/eileiu