India Plant-Based Meat Market Outlook
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Size in 2024: USD 98.6 Million
Market Forecast in 2033: USD 737.9 Million
Market Growth Rate: 22.3% (2025-2033)
The India plant-based meat market size reached USD 98.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 737.9 Million by 2033, exhibiting a growth rate (CAGR) of 22.3% during 2025-2033.
India Plant-Based Meat Market Trends:
The plant-based meat industry in India is experiencing rapid growth, as consumers are becoming more aware of health, sustainability, and animal welfare. This growth is also driven by a young population in cities looking for variety and healthy food choices. Plant-based meat demand has risen as communities across metro cities are changing their dietary habits, in part due to concerns over lifestyle diseases and also showing greater openness towards flexitarian diets. Investments and collaborations from around the world have accelerated product development and availability in retail and the food service space. Additionally, start-up and legacy food brands are launching a variety of delicious plant-based meat options, including kebabs, biryanis, burgers, and nuggets, with consideration for local taste preferences.
The increasing influence of social media and food influencers is also important in shaping consumer perception and curiosity around plant-based meat options. Finally, environmental consciousness (especially among millennials and Generation Z) and a desire to consume food aligned with sustainable values are influencing consumer choice. As more knowledge and opportunities to try plant-based protein become available through various campaigns, more people are willing to incorporate it into their diets. Overall, the plant-based meat market in India is poised for active growth around rapidly changing consumer preferences, technological advancements, and an increasingly growing community of innovators who will drive the future.
For an in-depth analysis, you can refer free sample copy of the report: https://www.imarcgroup.com/india-plant-based-meat-market/requestsample
India Plant-Based Meat Market Scope and Growth Analysis:
in a positive growth trajectory and will only continue in India. The Indian market is continued by three driving dynamics related to individual behavior: desire to adopt healthy lifestyles, desire to use sustainable food options, and the rise of new eating patterns. A growing demand for plant-based foods is, in large part, fueled by a population of over 600 million vegetarians and the growing flexitarian trend of moving away from traditional animal protein sources to the consumption of plant-based foods. In addition, global food trends and familiarity with western diets and lifestyles have increased the veganism trend among millennials, which has fueled investment and the innovation of new products, exceeding existing order growth rates. The advantages of these drivers have also benefited from government support, tech startups, accessibility of plant-based meat in a growing retail environment, the affordability of items put on the shelf from longer supply chains, as well as growing consumer awareness of the transition to plant-based meat.
Moreover, the markets where the alternative meat products have become accessible in retail and food service show a need for education around the products, provide consumers affordable options, and will ultimately solidify the transition to eating plant-based diets going forward. As improvements in processing technologies and new ingredients become available, plant-based meat products are quickly finding what is desired by consumers in terms of taste, texture, and nutritional value. In addition, partnerships between domestic companies and global players have significantly improved the distribution footprint and brand awareness, which has been a net positive for consumers. In particular, distribution and partnerships oftentimes in the food service category are key pieces of the supply chain that will further enhance the commercial footprint of plant-based meat in the Indian market. Overall, awareness continues to build, and the markets supply chains will continue to develop making for a promising future for plant based meat market to enter many urban systems in India.
We explore the factors propelling the India plant-based meat market growth, including technological advancements, consumer behaviors, and regulatory changes.
India Plant-Based Meat Market Report Segmentation:
The market report offers a comprehensive analysis of the segments, highlighting those with the largest India Plant-Based Meat Market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.
Breakup by Product Type:
- Burger Patties
- Sausages
- Nuggets and Strips
- Ground Meat
- Meatballs
- Others
Breakup by Source:
- Soy
- Wheat
- Peas
- Others
Breakup by Meat Type:
- Chicken
- Beef
- Pork
- Others
Breakup by Distribution Channel:
- Restaurants and Catering Industry
- Supermarkets and Hypermarkets
- Convenience and Specialty Stores
- Online Retail
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
- Recent Industry News
- Key Technological Trends & Development
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Market Dynamics
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
- Top Winning Strategies
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About US:
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IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
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