India Vegan Yogurt Market Size & Outlook, 2019-2027
The vegan yogurt market in India is expected to reach a projected revenue of US$ 102.3 million by 2027. A compound annual growth rate of 21.5% is expected of India vegan yogurt market from 2020 to 2027.
Revenue, 2019 (US$M)
$21.5
Forecast, 2027 (US$M)
$102.3
CAGR, 2020 - 2027
21.5%
Report Coverage
India
India vegan yogurt market, 2016-2027 (US$M)
Related Markets
India vegan yogurt market highlights
- The India vegan yogurt market generated a revenue of USD 21.5 million in 2019 and is expected to reach USD 102.3 million by 2027.
- The India market is expected to grow at a CAGR of 21.5% from 2020 to 2027.
- In terms of segment, soy was the largest revenue generating product in 2019.
- Rice is the most lucrative product segment registering the fastest growth during the forecast period.
Vegan yogurt market data book summary
| Market revenue in 2019 | USD 21.5 million |
| Market revenue in 2027 | USD 102.3 million |
| Growth rate | 21.5% (CAGR from 2019 to 2027) |
| Largest segment | Soy |
| Fastest growing segment | Rice |
| Historical data | 2016 - 2018 |
| Base year | 2019 |
| Forecast period | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Soy, Almond, Rice |
| Key market players worldwide | The Hain Celestial Group Inc, Danone SA, General Mills Inc, Chobani, Stonyfield Farms, Daiya Foods, Good Karma Foods, Hudson River Foods, Nancy's Probiotic Foods, Kite Hill, COYO |
Other key industry trends
- In terms of revenue, India accounted for 1.3% of the global vegan yogurt market in 2019.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, Japan vegan yogurt market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 102.3 million by 2027.
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Vegan Yogurt Market Scope
Vegan yogurt market segmentation & scope
Vegan Yogurt Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India vegan yogurt market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan yogurt market will help companies and investors design strategic landscapes.
Soy was the largest segment with a revenue share of 52.56% in 2019. Horizon Databook has segmented the India vegan yogurt market based on soy, almond, rice covering the revenue growth of each sub-segment from 2016 to 2027.
- India Vegan Yogurt Product Outlook (Revenue, USD Million, 2016-2027)
- Soy
- Almond
- Rice
- Others
- India Vegan Yogurt Distribution Channel Outlook (Revenue, USD Million, 2016-2027)
- Hypermarkets, Supermarkets, and Convenience Stores
- Specialty Stores
- Online
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Target buyers of India vegan yogurt market databook
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Our clientele includes a mix of vegan yogurt market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India vegan yogurt market , including forecasts for subscribers. This country databook contains high-level insights into India vegan yogurt market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
India vegan yogurt market size, by product, 2016-2027 (US$M)
India Vegan Yogurt Market Outlook Share, 2019 & 2027 (US$M)
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