India Almond Milk Market

India Almond Milk Market Overview:

The India almond milk market size reached USD 375.90 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,071.20 Million by 2033, exhibiting a growth rate (CAGR) of 12.30% during 2025-2033. The market is led by increasing health awareness, lactose intolerance awareness, and an expanding vegan base. Growing demand for plant-based, low-calorie, and healthy alternatives to dairy products is also driving it. In addition, product innovation, enhanced distribution channels, and growing disposable incomes are fueling the India almond milk market growth.

India Almond Milk Market Trends:

Growing Health Consciousness and Veganism

India almond milk market outlook is fueled by rising health awareness and the growing popularity of veganism. As health risks from consuming dairy, such as lactose intolerance, cholesterol, and hormones, become better known, consumers are increasingly opting for plant-based alternatives like almond milk. Almond milk tends to be thought of as a healthier choice owing to its minimal calorie count, lack of lactose, and rich content of vitamin E and antioxidants. Further, the increased popularity of veganism, particularly among younger age groups, is driving the market for plant-based drinks. For example, as per Chafa Cafe & Studio located in Pune, it has made a name for itself with a thoughtfully designed vegan menu that includes plant-based substitutes for favorite meals. Some of the top sellers include their almond milk lattes, smoothie bowls, and vegan pizzas topped with cashew cheese. On an average, they claim to serve approximately 100-200 clients weekly, with nearly 30% choosing vegan selections. Apart from this, owing to the increasing awareness about the environmental effects of dairy production, most consumers are opting for almond milk as an environmentally friendly option. This trend is being driven by greater availability of almond milk in urban and rural locations through supermarkets, online shopping, and neighborhood health food stores, making it readily available for health-oriented consumers.

Product Innovation and Flavor Variations

Another factor propelling the India almond milk market share is the development of new flavor and product offerings. With increasing demand for plant-based drinks, almond milk players are expanding their portfolios to appeal to various tastes and preferences. Companies are launching flavored almond milk products like chocolate, vanilla, and sweetened offerings to appeal to a wider range of consumers, particularly children and youth. Some companies are also introducing fortified almond milk with additional nutrients such as calcium, vitamin D, and protein to further attract health-conscious consumers looking for nutritional value. Organic and premium almond milk varieties are also gaining popularity, addressing the increasing group of consumers looking for natural, pesticide-free products. These technologies are assisting almond milk in solidifying its position as a versatile, flavorful, and nutritionally upgraded drink, helping it gain increased acceptance in the Indian market.

India Almond Milk Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the regional level for 2025-2033. Our report has categorized the market based on type, category, packaging type, application, and distribution channel .

Type Insights:

• Plain
• Flavored

The report has provided a detailed breakup and analysis of the market based on the type. This includes plain and flavored.

Category Insights:

• Organic
• Conventional

The report has provided a detailed breakup and analysis of the market based on the category. This includes organic and conventional.

Packaging Type Insights:

• Carton
• Glass
• Others

The report has provided a detailed breakup and analysis of the market based on the packaging type. This includes carton, glass, and others.

Application Insights:

• Beverages
• Frozen Desserts
• Personal Care
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes beverages, frozen desserts, personal care, and others.

Distribution Channel Insights:

• Hypermarkets and Supermarkets
• Convenience Stores
• Online Stores
• Others

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes hypermarkets and supermarkets, convenience stores, online stores, and others.

Regional Insights:

• North India
• South India
• East India
• West India

The report has also provided a comprehensive analysis of all the major regional markets, which include North India, South India, East India, and West India.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

India Almond Milk Market News:

• In August 2024, The Hershey Company brand SOFIT, revealed its new advertisement campaign digital film, featuring actress Disha Patani, who is seen promoting SOFIT almond drink.
• In August 2024, 1.5 Degree, a pioneering start-up, introduced an entire selection of plant-based frozen desserts and drinks that feature oat milk, soy milk, flavored milkshakes, cold coffee, and gelato in distinctive flavors like Belgian chocolate, strawberry, paan, Biscoff, and mocha almond fudge.
• In September 2024, Maiva Fresh introduced its flagship product called the Maiva Unsweetened Almond Milk. This offering has zero cholesterol and is fortified with Vitamin B12 and Vitamin D, while also being low GI.

India Almond Milk Market Report Coverage:

Key Questions Answered in This Report:

• How has the India almond milk market performed so far and how will it perform in the coming years?
• What is the breakup of the India almond milk market on the basis of type?
• What is the breakup of the India almond milk market on the basis of category?
• What is the breakup of the India almond milk market on the basis of packaging type?
• What is the breakup of the India almond milk market on the basis of application?
• What is the breakup of the India almond milk market on the basis of distribution channel?
• What is the breakup of the India almond milk market on the basis of region?
• What are the various stages in the value chain of the India almond milk market? 
• What are the key driving factors and challenges in the India almond milk market?
• What is the structure of the India almond milk market and who are the key players?
• What is the degree of competition in the India almond milk market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the India almond milk market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the India almond milk market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the India almond milk industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.