India Vegan Chocolate Market Size, Share and Growth 2033

The India vegan chocolate market reached a value of USD 53.30 million in 2024 and is projected to reach USD 151.54 million by 2033, growing at a CAGR of 11.40% during 2025-2033, according to IMARC Group. This growth is driven by increasing health consciousness, rising awareness of lactose intolerance, and the growing adoption of plant-based diets. The market is further fueled by ethical consumerism, premiumization trends, and the expansion of e-commerce. Additionally, higher disposable incomes, sustainability concerns, celebrity influence, and innovation in dairy-free alternatives such as oat, almond, and coconut-based chocolates are significantly boosting demand.

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