India Dairy Alternative Market : Analysis and Opportunity Assessment 2024Posted by Sophia Jones on August 20th, 2019 Market Reports on India Provides the Trending Market Research Report on “India Dairy Alternative Market By Type (Soy, Almond, Coconut, Others), By Formulation Type (Sweetened Vs. Unsweetened), By Distribution Channel (Supermarket/Hypermarket, Grocery/Convenience Store, Online & Others), Competition, Forecast & Opportunities, 2024” under Retail category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. India 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 everyday drink. Different sales channels and rising importance of internet retailing is adding impetus to India dairy alternative market. In terms of type, India 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. Request a free sample copy of Dairy Alternative Market Report @ http://www.marketreportsonindia.com/marketreports/sample/reports/1640029
Among regions, North India accounted for the largest share of around 40% in India 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, easy availability of various beverage option is further boosting the region’s dairy alternative market. Some of the leading players in India dairy alternatives 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 Objective of the Study:
Some of the leading players in India 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. Our Research performed both primary as well as exhaustive secondary research for this study. Initially, Our Research sourced a list of manufacturers across the country. Subsequently, Our Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Our Research could include the manufacturers which could not be identified due to the limitations of secondary research. Our Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe. Browse our full report with Table of Contents : http://www.marketreportsonindia.com/marketreports/india-dairy-alternative-market-by-type-soy-almond-coconut-others-by-formulation-type-sweetened-vs-unsweetened-/1640029 About Market Reports on India: Market Reports on India is an excellent source to obtain top quality market research reports that helps you to understand the business in the Indian market. We cover various industries, identifying and understanding key macro and micro-economic trends, insights and futuristic growth opportunities. To help achieve all this and more, Market Reports on India is the answer to all your business needs. Contact us at: Market Reports on India Tel: +91 22 27810772 / 27810775 Email: info@marketreportsonindia.com Website: www.marketreportsonindia.com Follow us on : Twitter, Facebook, LinkedIn Like it? Share it! More by this author |
