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インドの乳製品と代替品Dairy Products and Alternatives in India インドは依然として世界最大の牛乳生産国である。2023年には牛の飼料に対する高インフレの影響により、生乳の調達コストが上昇した。その結果、大手企業は最終消費者への価格を引き上げたが、特に牛乳はベジタリ... もっと見る
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サマリーインドは依然として世界最大の牛乳生産国である。2023年には牛の飼料に対する高インフレの影響により、生乳の調達コストが上昇した。その結果、大手企業は最終消費者への価格を引き上げたが、特に牛乳はベジタリアンを含め、インドにおける主要な動物性たんぱく源のひとつであり続けているため、乳製品の需要は小売と外食の両方を通じて引き続き増加した。2023年においても牛乳は断片的または非組織的なセクターであることに変わりはないが、...Euromonitor Internationalのインドの乳製品と代替品レポートは国レベルの市場に関する詳細な知識を提供し、他では得られない地域の洞察と理解を提供します。最新の小売販売データ2019-2023年に加え、主要企業、ブランド、小売店舗を特定し、消費者需要と販売成長の背景にある主要トレンドと人口動態の変化を評価しています。健康とウェルネス、持続可能性、パンデミックからの回復などの主要トレンドが、どのように市場を形成しているか<|Year|>は、2028年までの予測に直接役立ち、市場がどのように変化すると予想されるかを明確に示している：製品カバレッジ：ベビーフード、乳製品、植物由来の乳製品。データ範囲：市場規模（過去および予測）、企業シェア、ブランドシェア、流通データ本レポートを購入する理由：* 乳製品および代替品市場の詳細な全体像を把握する、* 成長分野を特定し、変化を促進する要因を特定する、* 競争環境、市場の主要企業、主要ブランドを理解する、* 5年間の予測を使用して、市場がどのように発展すると予測されるかを評価するユーロモニター・インターナショナルは、市場調査レポート、ビジネス参考書、オンライン情報システムの出版において40年以上の実績があります。ロンドン、シカゴ、シンガポール、上海、ヴィリニュス、ドバイ、ケープタウン、サンティアゴ、シドニー、東京、バンガロールにオフィスを構え、世界中に800人以上のアナリストのネットワークを持つユーロモニター・インターナショナルは、情報に基づいた戦略立案を支援する信頼性の高い情報資源を開発する独自の能力を有しています。目次Dairy Products and Alternatives in IndiaEuromonitor International January 2024 List Of Contents And Tables DAIRY PRODUCTS AND ALTERNATIVES IN INDIA EXECUTIVE SUMMARY Dairy products and alternatives in 2023: The big picture Key trends in 2023 Competitive Landscape Channel developments What next for dairy products and alternatives? MARKET DATA Table 1 Sales of Dairy Products and Alternatives by Category: Value 2018-2023 Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023 Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023 Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023 Table 5 Penetration of Private Label by Category: % Value 2018-2023 Table 6 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023 Table 7 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028 Table 8 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028 DISCLAIMER SOURCES Summary 1 Research Sources BABY FOOD IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Nestlé focuses on innovation to target more wholesome nutrition in dried baby food Baby food continues to be dominated by major players Milk formula gains traction with need for convenient baby food options PROSPECTS AND OPPORTUNITIES Favourable growth for baby food but with some constraints Players will continue to place greater emphasis on developing products with key local ingredients E-commerce offers further growth potential going forward CATEGORY DATA Table 9 Sales of Baby Food by Category: Volume 2018-2023 Table 10 Sales of Baby Food by Category: Value 2018-2023 Table 11 Sales of Baby Food by Category: % Volume Growth 2018-2023 Table 12 Sales of Baby Food by Category: % Value Growth 2018-2023 Table 13 Sales of Growing-Up Milk Formula by Age: % Value 2018-2023 Table 14 NBO Company Shares of Baby Food: % Value 2019-2023 Table 15 LBN Brand Shares of Baby Food: % Value 2020-2023 Table 16 Distribution of Baby Food by Format: % Value 2018-2023 Table 17 Forecast Sales of Baby Food by Category: Volume 2023-2028 Table 18 Forecast Sales of Baby Food by Category: Value 2023-2028 Table 19 Forecast Sales of Baby Food by Category: % Volume Growth 2023-2028 Table 20 Forecast Sales of Baby Food by Category: % Value Growth 2023-2028 BUTTER AND SPREADS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Demand for butter and spreads continues to grow in India Players innovate with new flavour and product formats to attract consumers Foodservice volumes of butter continue to recover PROSPECTS AND OPPORTUNITIES Organic segment is set to gain growth momentum over the forecast period At-home snacking occasions will continue to drive growth of butter and spreads FSSAI regulations and consumer concerns could hinder growth of margarine and certain cooking fats over the forecast period CATEGORY DATA Table 21 Sales of Butter and Spreads by Category: Volume 2018-2023 Table 22 Sales of Butter and Spreads by Category: Value 2018-2023 Table 23 Sales of Butter and Spreads by Category: % Volume Growth 2018-2023 Table 24 Sales of Butter and Spreads by Category: % Value Growth 2018-2023 Table 25 NBO Company Shares of Butter and Spreads: % Value 2019-2023 Table 26 LBN Brand Shares of Butter and Spreads: % Value 2020-2023 Table 27 Distribution of Butter and Spreads by Format: % Value 2018-2023 Table 28 Forecast Sales of Butter and Spreads by Category: Volume 2023-2028 Table 29 Forecast Sales of Butter and Spreads by Category: Value 2023-2028 Table 30 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2023-2028 Table 31 Forecast Sales of Butter and Spreads by Category: % Value Growth 2023-2028 CHEESE IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Strong retail performance for cheese in 2023 due to increasing interest in Western-style meals Amul continues to drive interest among consumers through engagement and contests E-commerce continues to gain traction as distribution channel for cheese PROSPECTS AND OPPORTUNITIES Lower per capita consumption of cheese offers strong growth opportunities going forward Competition is set to intensify over the forecast period Essential for major brands to develop a stronger digital focus to gain traction CATEGORY DATA Table 32 Sales of Cheese by Category: Volume 2018-2023 Table 33 Sales of Cheese by Category: Value 2018-2023 Table 34 Sales of Cheese by Category: % Volume Growth 2018-2023 Table 35 Sales of Cheese by Category: % Value Growth 2018-2023 Table 36 Sales of Spreadable Processed Cheese by Type: % Value 2018-2023 Table 37 Sales of Soft Cheese by Type: % Value 2018-2023 Table 38 Sales of Hard Cheese by Type: % Value 2018-2023 Table 39 NBO Company Shares of Cheese: % Value 2019-2023 Table 40 LBN Brand Shares of Cheese: % Value 2020-2023 Table 41 Distribution of Cheese by Format: % Value 2018-2023 Table 42 Forecast Sales of Cheese by Category: Volume 2023-2028 Table 43 Forecast Sales of Cheese by Category: Value 2023-2028 Table 44 Forecast Sales of Cheese by Category: % Volume Growth 2023-2028 Table 45 Forecast Sales of Cheese by Category: % Value Growth 2023-2028 DRINKING MILK PRODUCTS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Milk continues to enjoy strong demand, despite impact of inflation Flavoured milk drinks emerges as an alternative to other beverages Foodservice volumes continue to grow due to greater mobility and travel opportunities PROSPECTS AND OPPORTUNITIES Wider positioning for milk set to emerge with expansion of varying needs Packaged milk will continue to grow but with own set of challenges ahead Powder milk will continue to lose ground due to intense competition from shelf stable format CATEGORY DATA Table 46 Sales of Drinking Milk Products by Category: Volume 2018-2023 Table 47 Sales of Drinking Milk Products by Category: Value 2018-2023 Table 48 Sales of Drinking Milk Products by Category: % Volume Growth 2018-2023 Table 49 Sales of Drinking Milk Products by Category: % Value Growth 2018-2023 Table 50 NBO Company Shares of Drinking Milk Products: % Value 2019-2023 Table 51 LBN Brand Shares of Drinking Milk Products: % Value 2020-2023 Table 52 Distribution of Drinking Milk Products by Format: % Value 2018-2023 Table 53 Forecast Sales of Drinking Milk Products Products by Category: Volume 2023-2028 Table 54 Forecast Sales of Drinking Milk Products Products by Category: Value 2023-2028 Table 55 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2023-2028 Table 56 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2023-2028 YOGHURT AND SOUR MILK PRODUCTS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Major players turn their focus towards probiotics to address modern health issues Solid growth for sour milk products due to hotter summer and favourable perception Epigamia remains dominant brand in flavoured yoghurt PROSPECTS AND OPPORTUNITIES Major players will focus on functionality and fortification to appeal to health-conscious consumers Expected increase in refrigeration and sustained electrification could allow higher at-home consumption of yoghurt and sour milk products Competitive landscape set to intensify CATEGORY DATA Table 57 Sales of Yoghurt and Sour Milk Products by Category: Volume 2018-2023 Table 58 Sales of Yoghurt and Sour Milk Products by Category: Value 2018-2023 Table 59 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2018-2023 Table 60 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2018-2023 Table 61 Sales of Flavoured Yoghurt by Flavour: Rankings 2018-2023 Table 62 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2019-2023 Table 63 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2020-2023 Table 64 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2018-2023 Table 65 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2023-2028 Table 66 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2023-2028 Table 67 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2023-2028 Table 68 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2023-2028 OTHER DAIRY IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Multiple celebration occasions drive growth of condensed milk Foodservice volumes continue to show growth momentum PROSPECTS AND OPPORTUNITIES Convenient on-the-go consumption and at-home trends could drive further growth over the forecast period Brands look to continuously innovate to mitigate competition and address consumers’ health concerns going forward CATEGORY DATA Table 69 Sales of Other Dairy by Category: Volume 2018-2023 Table 70 Sales of Other Dairy by Category: Value 2018-2023 Table 71 Sales of Other Dairy by Category: % Volume Growth 2018-2023 Table 72 Sales of Other Dairy by Category: % Value Growth 2018-2023 Table 73 Sales of Cream by Type: % Value 2018-2023 Table 74 NBO Company Shares of Other Dairy: % Value 2019-2023 Table 75 LBN Brand Shares of Other Dairy: % Value 2020-2023 Table 76 Distribution of Other Dairy by Format: % Value 2018-2023 Table 77 Forecast Sales of Other Dairy by Category: Volume 2023-2028 Table 78 Forecast Sales of Other Dairy by Category: Value 2023-2028 Table 79 Forecast Sales of Other Dairy by Category: % Volume Growth 2023-2028 Table 80 Forecast Sales of Other Dairy by Category: % Value Growth 2023-2028 PLANT-BASED DAIRY IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Soy drinks continue to dominate plant-based milk in India Other plant-based milk gains traction due to legalisation of vegan logo PROSPECTS AND OPPORTUNITIES Plant-based milk will continue to grow but with scaling challenges Increasing number of players are set to enter plant-based dairy CATEGORY DATA Table 81 Sales of Plant-Based Dairy by Category: Value 2018-2023 Table 82 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023 Table 83 Sales of Other Plant-Based Milk by Type: % Value 2020-2023 Table 84 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023 Table 85 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023 Table 86 Distribution of Plant-Based Dairy by Format: % Value 2018-2023 Table 87 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028 Table 88 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
SummaryIndia remains the largest producer of milk in the world. The impact of high inflation on cattle feed in 2023 resulted in a hike in procurement costs for milk. In turn, major players hiked up their prices to end consumers, but demand for dairy products continued to rise, through both retail and foodservice, especially as milk remains one of the key animal sources of protein in India, including for vegetarians. While milk remained a fragmented or unorganised sector in 2023, there was an increasing... Euromonitor International's Dairy Products and Alternatives in India report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2028, clearly indicating how the market is expected to change. Product coverage: Baby Food, Dairy, Plant-based Dairy. Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data. Why buy this report? * Get a detailed picture of the Dairy Products and Alternatives market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop. Euromonitor International has over 40 years' experience of publishing market research reports, business reference books and online information systems. With offices in London, Chicago, Singapore, Shanghai, Vilnius, Dubai, Cape Town, Santiago, Sydney, Tokyo and Bangalore and a network of over 800 analysts worldwide, Euromonitor International has a unique capability to develop reliable information resources to help drive informed strategic planning.Table of ContentsDairy Products and Alternatives in IndiaEuromonitor International January 2024 List Of Contents And Tables DAIRY PRODUCTS AND ALTERNATIVES IN INDIA EXECUTIVE SUMMARY Dairy products and alternatives in 2023: The big picture Key trends in 2023 Competitive Landscape Channel developments What next for dairy products and alternatives? MARKET DATA Table 1 Sales of Dairy Products and Alternatives by Category: Value 2018-2023 Table 2 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023 Table 3 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023 Table 4 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023 Table 5 Penetration of Private Label by Category: % Value 2018-2023 Table 6 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023 Table 7 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028 Table 8 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028 DISCLAIMER SOURCES Summary 1 Research Sources BABY FOOD IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Nestlé focuses on innovation to target more wholesome nutrition in dried baby food Baby food continues to be dominated by major players Milk formula gains traction with need for convenient baby food options PROSPECTS AND OPPORTUNITIES Favourable growth for baby food but with some constraints Players will continue to place greater emphasis on developing products with key local ingredients E-commerce offers further growth potential going forward CATEGORY DATA Table 9 Sales of Baby Food by Category: Volume 2018-2023 Table 10 Sales of Baby Food by Category: Value 2018-2023 Table 11 Sales of Baby Food by Category: % Volume Growth 2018-2023 Table 12 Sales of Baby Food by Category: % Value Growth 2018-2023 Table 13 Sales of Growing-Up Milk Formula by Age: % Value 2018-2023 Table 14 NBO Company Shares of Baby Food: % Value 2019-2023 Table 15 LBN Brand Shares of Baby Food: % Value 2020-2023 Table 16 Distribution of Baby Food by Format: % Value 2018-2023 Table 17 Forecast Sales of Baby Food by Category: Volume 2023-2028 Table 18 Forecast Sales of Baby Food by Category: Value 2023-2028 Table 19 Forecast Sales of Baby Food by Category: % Volume Growth 2023-2028 Table 20 Forecast Sales of Baby Food by Category: % Value Growth 2023-2028 BUTTER AND SPREADS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Demand for butter and spreads continues to grow in India Players innovate with new flavour and product formats to attract consumers Foodservice volumes of butter continue to recover PROSPECTS AND OPPORTUNITIES Organic segment is set to gain growth momentum over the forecast period At-home snacking occasions will continue to drive growth of butter and spreads FSSAI regulations and consumer concerns could hinder growth of margarine and certain cooking fats over the forecast period CATEGORY DATA Table 21 Sales of Butter and Spreads by Category: Volume 2018-2023 Table 22 Sales of Butter and Spreads by Category: Value 2018-2023 Table 23 Sales of Butter and Spreads by Category: % Volume Growth 2018-2023 Table 24 Sales of Butter and Spreads by Category: % Value Growth 2018-2023 Table 25 NBO Company Shares of Butter and Spreads: % Value 2019-2023 Table 26 LBN Brand Shares of Butter and Spreads: % Value 2020-2023 Table 27 Distribution of Butter and Spreads by Format: % Value 2018-2023 Table 28 Forecast Sales of Butter and Spreads by Category: Volume 2023-2028 Table 29 Forecast Sales of Butter and Spreads by Category: Value 2023-2028 Table 30 Forecast Sales of Butter and Spreads by Category: % Volume Growth 2023-2028 Table 31 Forecast Sales of Butter and Spreads by Category: % Value Growth 2023-2028 CHEESE IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Strong retail performance for cheese in 2023 due to increasing interest in Western-style meals Amul continues to drive interest among consumers through engagement and contests E-commerce continues to gain traction as distribution channel for cheese PROSPECTS AND OPPORTUNITIES Lower per capita consumption of cheese offers strong growth opportunities going forward Competition is set to intensify over the forecast period Essential for major brands to develop a stronger digital focus to gain traction CATEGORY DATA Table 32 Sales of Cheese by Category: Volume 2018-2023 Table 33 Sales of Cheese by Category: Value 2018-2023 Table 34 Sales of Cheese by Category: % Volume Growth 2018-2023 Table 35 Sales of Cheese by Category: % Value Growth 2018-2023 Table 36 Sales of Spreadable Processed Cheese by Type: % Value 2018-2023 Table 37 Sales of Soft Cheese by Type: % Value 2018-2023 Table 38 Sales of Hard Cheese by Type: % Value 2018-2023 Table 39 NBO Company Shares of Cheese: % Value 2019-2023 Table 40 LBN Brand Shares of Cheese: % Value 2020-2023 Table 41 Distribution of Cheese by Format: % Value 2018-2023 Table 42 Forecast Sales of Cheese by Category: Volume 2023-2028 Table 43 Forecast Sales of Cheese by Category: Value 2023-2028 Table 44 Forecast Sales of Cheese by Category: % Volume Growth 2023-2028 Table 45 Forecast Sales of Cheese by Category: % Value Growth 2023-2028 DRINKING MILK PRODUCTS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Milk continues to enjoy strong demand, despite impact of inflation Flavoured milk drinks emerges as an alternative to other beverages Foodservice volumes continue to grow due to greater mobility and travel opportunities PROSPECTS AND OPPORTUNITIES Wider positioning for milk set to emerge with expansion of varying needs Packaged milk will continue to grow but with own set of challenges ahead Powder milk will continue to lose ground due to intense competition from shelf stable format CATEGORY DATA Table 46 Sales of Drinking Milk Products by Category: Volume 2018-2023 Table 47 Sales of Drinking Milk Products by Category: Value 2018-2023 Table 48 Sales of Drinking Milk Products by Category: % Volume Growth 2018-2023 Table 49 Sales of Drinking Milk Products by Category: % Value Growth 2018-2023 Table 50 NBO Company Shares of Drinking Milk Products: % Value 2019-2023 Table 51 LBN Brand Shares of Drinking Milk Products: % Value 2020-2023 Table 52 Distribution of Drinking Milk Products by Format: % Value 2018-2023 Table 53 Forecast Sales of Drinking Milk Products Products by Category: Volume 2023-2028 Table 54 Forecast Sales of Drinking Milk Products Products by Category: Value 2023-2028 Table 55 Forecast Sales of Drinking Milk Products Products by Category: % Volume Growth 2023-2028 Table 56 Forecast Sales of Drinking Milk Products Products by Category: % Value Growth 2023-2028 YOGHURT AND SOUR MILK PRODUCTS IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Major players turn their focus towards probiotics to address modern health issues Solid growth for sour milk products due to hotter summer and favourable perception Epigamia remains dominant brand in flavoured yoghurt PROSPECTS AND OPPORTUNITIES Major players will focus on functionality and fortification to appeal to health-conscious consumers Expected increase in refrigeration and sustained electrification could allow higher at-home consumption of yoghurt and sour milk products Competitive landscape set to intensify CATEGORY DATA Table 57 Sales of Yoghurt and Sour Milk Products by Category: Volume 2018-2023 Table 58 Sales of Yoghurt and Sour Milk Products by Category: Value 2018-2023 Table 59 Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2018-2023 Table 60 Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2018-2023 Table 61 Sales of Flavoured Yoghurt by Flavour: Rankings 2018-2023 Table 62 NBO Company Shares of Yoghurt and Sour Milk Products: % Value 2019-2023 Table 63 LBN Brand Shares of Yoghurt and Sour Milk Products: % Value 2020-2023 Table 64 Distribution of Yoghurt and Sour Milk Products by Format: % Value 2018-2023 Table 65 Forecast Sales of Yoghurt and Sour Milk Products by Category: Volume 2023-2028 Table 66 Forecast Sales of Yoghurt and Sour Milk Products by Category: Value 2023-2028 Table 67 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Volume Growth 2023-2028 Table 68 Forecast Sales of Yoghurt and Sour Milk Products by Category: % Value Growth 2023-2028 OTHER DAIRY IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Multiple celebration occasions drive growth of condensed milk Foodservice volumes continue to show growth momentum PROSPECTS AND OPPORTUNITIES Convenient on-the-go consumption and at-home trends could drive further growth over the forecast period Brands look to continuously innovate to mitigate competition and address consumers’ health concerns going forward CATEGORY DATA Table 69 Sales of Other Dairy by Category: Volume 2018-2023 Table 70 Sales of Other Dairy by Category: Value 2018-2023 Table 71 Sales of Other Dairy by Category: % Volume Growth 2018-2023 Table 72 Sales of Other Dairy by Category: % Value Growth 2018-2023 Table 73 Sales of Cream by Type: % Value 2018-2023 Table 74 NBO Company Shares of Other Dairy: % Value 2019-2023 Table 75 LBN Brand Shares of Other Dairy: % Value 2020-2023 Table 76 Distribution of Other Dairy by Format: % Value 2018-2023 Table 77 Forecast Sales of Other Dairy by Category: Volume 2023-2028 Table 78 Forecast Sales of Other Dairy by Category: Value 2023-2028 Table 79 Forecast Sales of Other Dairy by Category: % Volume Growth 2023-2028 Table 80 Forecast Sales of Other Dairy by Category: % Value Growth 2023-2028 PLANT-BASED DAIRY IN INDIA KEY DATA FINDINGS 2023 DEVELOPMENTS Soy drinks continue to dominate plant-based milk in India Other plant-based milk gains traction due to legalisation of vegan logo PROSPECTS AND OPPORTUNITIES Plant-based milk will continue to grow but with scaling challenges Increasing number of players are set to enter plant-based dairy CATEGORY DATA Table 81 Sales of Plant-Based Dairy by Category: Value 2018-2023 Table 82 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023 Table 83 Sales of Other Plant-Based Milk by Type: % Value 2020-2023 Table 84 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023 Table 85 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023 Table 86 Distribution of Plant-Based Dairy by Format: % Value 2018-2023 Table 87 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028 Table 88 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
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