As per MarkNtel Advisors the India Plant-Based Food Products Market size is valued at around USD 4.9 million in 2025 and is projected to reach USD 21.87 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 34.87% during the forecast period, i.e., 2025-30.
India Plant-Based Food Products Market Systems Market Analysis:
The market is predominantly propelled by a variety of consumer groups such as urban & middle-class consumers, millennials & other young populations, health-conscious and ethical buyers, protein-deficient consumers, and non-vegetarians & 'guilty' meat eaters, among others, posing the demand for plant-based food products.
Another factor backing the popularity of Plant-based food products is the Western influence, which doesn’t necessarily facilitate convenience to consumers in India. With the extensive availability of numerous sustainable and delicious vegetarian sources of protein, people are a bit hesitant to switch to a non-vegetarian diet, which in turn has led to the adoption of more plant-based food products in India.
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India Plant-Based Food Products Market Systems Market Segmentation:
By Type
- Plant-Based Meat
- Burger Patties
- Sausage
- Textured Vegetable Protein
- Tofu
- Seitan
- Others (Nuggets, Meatballs, etc.)
- Plant-Based Dairy
- Milk
- Cheese
- Yogurt
- Others (Cream, Condensed milk, etc.)
- Plant-Based Bakery
- Plant-Based Confectionary
- Others (Plant-Based Snacks, Egg Alternatives, etc.)
By Sales Channel
- Business-to-Business
- Business-to-Consumer
- Hypermarket
- Convenience Store
- Online
By Source
- Soy Protein
- Almond Protein
- Wheat Protein
- Pea Protein
- Others (Rice Protein, etc.)
By Region
- North
- South
- East
- West
- Northeast
India Plant-Based Food Products Market Recent Development:
2025: Axiom Foods launched Oryzatein® 2.0, a white, grit-free, extra low-heavy metal rice protein, marking a significant advancement in plant-based protein technology.
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India Plant-Based Food Products Market Drivers:
Increasing Vegan Population – With a significant portion of the country turning vegan, the demand for plant-based foods has escalated in the past few years. Due to their rich fiber and lesser cholesterol content, vegan food products are emerging as a better and healthier substitute for animal-based food products across the country. For instance, about 125 million Indians have adopted a strict vegan diet, contributing to the significant market growth & expansion. The popularity has been influenced by the trends in developed countries, such as the US, France, the United Kingdom, etc.
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• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the India Plant-Based Food Products Market are:
- Amy's Kitchen Inc.
- Axiom Foods
- Daiya Foods
- Ahimsa Foods
- Nestlé S.A.
- Evolved Foods
- Nutiva, Inc.
- Schouten Food
- GoodDot
- Vezlay
- Others
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Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
Key Steps:
- Define objectives and research design
- Collect data through surveys and interviews
- Analyze and validate data using reliable tools
- Forecast trends and deliver actionable insights
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MarkNtel Advisors is a leading global market intelligence firm specializing in the food and beverages industry, encompassing food supplements & additives, food logistics, and warehousing solutions. We deliver comprehensive research on supply chain efficiency, evolving consumption trends, and regulatory shifts. With our Custom Market Analysis, we offer tailored insights to manufacturers, distributors, and investors, helping them optimize operations, strengthen market positioning, and drive sustainable growth in the global F&B ecosystem.
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