According to TechSci Research
report, “India Dairy Alternative Market By
Type, By Formulation Type, By Distribution Channel, Competition, Forecast &
Opportunities, 2024”, India
dairy alternative market is projected to grow at a CAGR of over 20%during
2019-2024, on the back of increasing participation of the young population in
sports and fitness activities and rising inclination towards low fat milk beverages.
Moreover, increasing demand for alternatives to carbonated beverages is further
expected to have a positive impact on India dairy alternative market during the
forecast period. Some of the leading players in India dairy alternative market
are Hershey India Private Limited, Life Health Foods (India) Private Limited, Rakyan
Beverages Private Limited, Dabur India Ltd., Tilda Hain Celestial, etc.
Browse market data Tables and Figures
spread through Pages and an in-depth TOC on "India Dairy Alternative
Market "
By distribution
channel, India dairy alternative
market has been categorized into supermarket/hypermarket,grocery/convenience
store, online and others. The grocery/convenience store accounted for majority
share of around 64% inIndiadairy alternativesmarket in 2018. Online sales
channel is witnessing a healthy growth, owing to growing popularity of the
e-commerce market.Among regions, NorthIndia dominates India dairy alternative
market and is expected to maintain its position during forecast period as well.
The demand for dairy alternatives in the North region is being driven by
the availability of several options in the category as well as robust
distribution channel of the major players in the market.
Customers can also request
for 10% free customization on this report.
According to TechSci
Research “Grocery/Convenience Store is the most popular
sales channel in India dairy alternative market and is anticipated to maintain
its position in the coming years aswell. However, Supermarket/Hypermarket is
expected to exhibit the fastest growth during forecast period on account of
rising preference for the sales channel among urban population and availability
of a variety of options under one roof.” saidMr. Karan Chechi Research Director
with TechSci Research, a research based global management consulting firm.
“India
Dairy Alternative Market By Type, By Formulation Type, By Distribution Channel,
Competition, Forecast & Opportunities, 2024” has evaluated the future
growth potential of India dairy alternative market and provides statistics and
information on market size, structure and future market growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities in India dairy alternative market.
About TechSci Research
TechSci Research is a
leading global market research firm publishing premium market research reports.
Serving 700 global clients with more than 600 premium market research studies,
TechSci Research is serving clients across 11 different industrial verticals.
TechSci Research specializes in research-based consulting assignments in high
growth and emerging markets, leading technologies and niche applications. Our
workforce of more than 100 fulltime Analysts and Consultants employing
innovative research solutions and tracking global and country specific high
growth markets helps TechSci clients to lead rather than follow market trends.
No comments:
Post a Comment