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India Vegan Food Market To Be Driven By Changing Diet Patterns In The Forecast Period Of 2021-2026

The new report by Expert Market Research titled, ‘India Vegan Food Market Report and Forecast 2021-2026’, gives an in-depth analysis of the India vegan food market, assessing the market based on its segments, distribution channels, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/india-vegan-food-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

  • Historical Market Size (2020): USD 15.4 billion
  • Forecast CAGR (2021-2026): 26%

In the Asia Pacific area, India is one of the most important vegan food markets. The demand for vegan fast-food alternatives such as chips, biscuits, muffins, chocolates, soymilk ice cream and shakes, and bakery items is expected to increase, propelling the business forward. Growing consumer awareness of healthy lifestyles, such as how to eat a healthier diet, lose weight, and lower cholesterol and fat, can aid the growth of vegan food products, such as plant-based vegan foods, within the market.

Vegan chocolates are becoming more popular as a result of their multiple health benefits, including the reduction of plaque and fat in arteries and the strengthening of the immune system against a wide range of bacterial and viral diseases, which could help the vegan food market grow in India. In addition, industry players are launching a selection of high-quality vegan food products in a variety of flavours and appealing packaging to appeal to a wider customer base, which is projected to promote market growth.

Industry Definition and Major Segments

Veganism refers to a vegetarian diet that excludes meat, dairy, eggs, and other animal-derived components such as honey, collagen, and gelatin. Animal products and by-products such as fat, stock, caviar, roe, eggs, milk, cheese, and meat are all avoided in a vegan diet.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/india-vegan-food-market

By product type, the industry is segmented into the following:

  • Dairy Alternatives 
    • Milk
    • Cheese
    • Yoghurt
    • Desserts
    • Others
  • Meat Substitutes
    • Tofu
    • TVP
    • Seiten
    • Quorn
    • Others
  • Egg Alternatives
  • Vegan Bakery
  • Confectionery
  • Plant-Based Snacks
  • Others

The distribution channel for the India vegan industry includes the following:

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others

The report also covers the Indian regional markets like:

  • North
  • East
  • West
  • South India

Market Trends

Plant-based foods are well-positioned to bridge socio-cultural divides in India, thanks to a growing middle class, increased knowledge of global trends, and the need for protein transitions for human and planetary health, as well as deep-seated cultural views on meat consumption among India’s diverse population. The expansion of the vegan market in India is projected to be aided by a rise in eateries catering to the vegan community. Market growth is likely to be aided by the increasing penetration of global companies in the region.

Key Market Players

The major players in the market are VegaLyfe, The Hershey Company, Piperleaf, Good Dot, Ahimsa Food (Veggie Champ) and Soft Spot Foods. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Global Marine Collagen Market: https://www.expertmarketresearch.com/reports/marine-collagen-market

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Global Carbonated Beverage Market: https://www.expertmarketresearch.com/reports/carbonated-beverage-market

Global Probiotics Market: https://www.expertmarketresearch.com/reports/probiotics-market

Global Plantain Flour Market: https://www.expertmarketresearch.com/reports/plantain-flour-market

Global Sugar Alcohol Market: https://www.expertmarketresearch.com/reports/sugar-alcohol-market

Global Food Thickeners Market: https://www.expertmarketresearch.com/reports/food-thickeners-market

India Plant Based Protein Market: https://www.expertmarketresearch.com/reports/india-plant-based-protein-market

Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Read More: https://expertmarketresearch-emr.blogspot.com/

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: [email protected]

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

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Website: https://www.expertmarketresearch.com

Reportedtimes, PR-Wirein, Extended Distribution, Research Newswire, English

Contact Information:

Company Name: EMR Inc.

Contact Person: Matt Johnson, Corporate Sales Specialist – U.S.A.

Email: [email protected]

Toll Free Number: +1-415-325-5166 | +44-702-402-5790

Address: 30 North Gould Street, Sheridan, WY 82801, USA

City: Sheridan

State: Wyoming

Country: United States

Website: https://www.expertmarketresearch.com

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