India Plant-Based Food Products Market Size & Insights

As per recent study by 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.          

What are the Key DROs in the India Plant-Based Food Products Market?

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.

Additionally, the religious customs and ethical considerations have influenced vegetarianism in India for ages, which accounts for more than 40% of the Indian population as vegetarians, which further increased the demand for plant-based foods in the country.

What are the Key Segments in the India Plant-Based Food Products Market?

The India Plant-Based Food Products is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

• 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.)

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How does geographical analysis highlight in the India Plant-Based Food Products market?

By Region

·       North

·       South

·       East

·       West

·       Northeast

Who are the Key Players in India Plant-Based Food Products Market?

• 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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India Plant-Based Food Products Industry 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.
• 2024: Nestlé S.A. (India) collaborated with SOCIAL and BOSS Burger to launch plant-based delicacies, including burger patties and mince, offering alternatives to traditional meat-based meals.

Key pillars of the research methodology include:

·       Scope & Research Design – Clearly defined objectives with tailored qualitative and quantitative methods, backed by precise timelines and budgets.

·       Sample Selection & Data Collection – Representative samples achieved through proven techniques like random and stratified sampling, supported by reliable tools such as surveys, interviews, and observations.

·       Data Analysis & Validation – Rigorous cleaning, advanced statistical modeling, and thematic analysis ensure accuracy, reliability, and minimal bias.

·       Forecasting & Finalization – Predictive modeling and time-series analysis anticipate future market behaviors, presented through insightful reports with charts, graphs, and strategic recommendations.

"Our methodology reflects the trust businesses place in us. By combining innovation with precision, we deliver not just numbers, but clarity and direction for decision-makers worldwide," said a spokesperson for MarkNtel Advisors.

Why This MarkNtel Advisors Research Report:

• In-depth Market Analysis: Understand trends and dynamics shaping growth.
• Segmented Insights: Target specific segments for focused strategies.
• Geographical Performance: Assess market opportunities by geographic area.
• Emerging Technologies: Discover advancements like AI integration.
• Risk Identification: Pinpoint challenges to inform strategic planning.
• Future Forecasts: Prepare for market changes with actionable projections.

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