India Plant-Based Food & Beverages by Category (USD Million)

Year CONVENTIONAL ORGANIC
2019 $ 551.1 $ 82.6
2020 $ 605.3 $ 91.3
2021 $ 670.0 $ 101.7
2022 $ 743.5 $ 113.6
2023 $ 827.6 $ 127.2
2024 $ 924.4 $ 142.9
2025 $ 1032.1 $ 160.5
2026 $ 1156.6 $ 181.0
2027 $ 1299.0 $ 204.5
2028 $ 1461.9 $ 231.5
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India Plant-Based Food & Beverages by Category (USD Million)

Synopsis
The above chart is India Plant-Based Food & Beverages by Category (USD Million)

Market Dynamics

in recent years, there has been an increasing demand for plant-based food and beverages in india. this trend can be attributed to several factors, including growing health consciousness, environmental concerns, and the availability of a wide variety of plant-based products. one of the main reasons for the rising demand for plant-based food and beverages in india is the increasing awareness about the health benefits of consuming a plant-based diet. with the rise in chronic diseases such as obesity, diabetes, and heart disease, more and more indians are looking for healthier options to incorporate into their diets. plant-based foods are known to be rich in nutrients, fiber, and antioxidants, making them a popular choice for health-conscious individuals. moreover, there is also a growing concern for the environment, and many people are choosing to adopt a plant-based diet as a way to reduce their carbon footprint. livestock production is a major contributor to greenhouse gas emissions, and by choosing plant-based foods, individuals can significantly reduce their impact on the environment. india is also blessed with a diverse range of plant-based foods, making it easier to meet the demand for different categories of plant-based products. one of the most popular categories is dairy alternatives, such as plant-based milk, cheese, and yogurt. with a large vegetarian and vegan population in india, there is a high demand for these products, and this has led to an increase in the number of companies offering plant-based dairy alternatives. another category that is gaining popularity is plant-based meats. with the rise of flexitarianism and individuals looking to reduce their meat consumption, there is a high demand for meat substitutes made from plants. these products are not only healthier, but they also have a lower environmental impact, making them a preferred choice for many consumers. the demand for plant-based snacks and ready-to-eat meals is also on the rise in india. as people become more health-conscious, they are looking for convenient yet healthy snack options. this has led to an increase in the availability of plant-based snacks such as roasted chickpeas, kale chips, and plant-based protein bars. in conclusion, the demand for plant-based food and beverages in india is on the rise due to a variety of factors such as health consciousness, environmental concerns, and a diverse range of plant-based options. as more and more people understand the benefits of a plant-based diet, the demand for these products is only expected to continue growing.

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