| Product Code: ETC7554305 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s soy food import market saw significant growth in 2024 with top exporting countries being China, Japan, Thailand, Malaysia, and Singapore. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 41.18% from 2020 to 2024 highlights the increasing demand for soy products in India. Moreover, the growth rate of 27.02% from 2023 to 2024 demonstrates a continued upward trend in soy food imports, showcasing a lucrative opportunity for market players in the industry.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Soy Food Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Soy Food Market Revenues & Volume, 2021 & 2031F |
3.3 India Soy Food Market - Industry Life Cycle |
3.4 India Soy Food Market - Porter's Five Forces |
3.5 India Soy Food Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Soy Food Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Soy Food Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing health consciousness among consumers |
4.2.2 Growing vegetarian and vegan population in India |
4.2.3 Rising awareness about the benefits of soy-based products |
4.2.4 Government initiatives promoting healthy eating habits |
4.2.5 Changing dietary preferences towards plant-based proteins |
4.3 Market Restraints |
4.3.1 High competition from other plant-based protein sources |
4.3.2 Price volatility of soybeans impacting product pricing |
4.3.3 Limited awareness and acceptance of soy products in certain regions of India |
4.3.4 Challenges in distribution and cold chain logistics |
4.3.5 Regulatory hurdles related to GMO soybeans |
5 India Soy Food Market Trends |
6 India Soy Food Market, By Types |
6.1 India Soy Food Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Soy Food Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 India Soy Food Market Revenues & Volume, By Meat Substitutes, 2021- 2031F |
6.1.4 India Soy Food Market Revenues & Volume, By Non-Dairy Ice Cream, 2021- 2031F |
6.1.5 India Soy Food Market Revenues & Volume, By Non-Dairy Cheese, 2021- 2031F |
6.1.6 India Soy Food Market Revenues & Volume, By Non-Dairy Yogurt, 2021- 2031F |
6.1.7 India Soy Food Market Revenues & Volume, By Non-Dairy Spread, 2021- 2031F |
6.2 India Soy Food Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Soy Food Market Revenues & Volume, By Hypermarkets/Supermarkets, 2021- 2031F |
6.2.3 India Soy Food Market Revenues & Volume, By Convenience Stores, 2021- 2031F |
6.2.4 India Soy Food Market Revenues & Volume, By Online Retail Stores, 2021- 2031F |
6.2.5 India Soy Food Market Revenues & Volume, By Other Distribution Channel, 2021- 2031F |
7 India Soy Food Market Import-Export Trade Statistics |
7.1 India Soy Food Market Export to Major Countries |
7.2 India Soy Food Market Imports from Major Countries |
8 India Soy Food Market Key Performance Indicators |
8.1 Consumer awareness and perception of soy food products |
8.2 Adoption rate of soy-based products in urban and rural areas |
8.3 Growth in the number of soy food product offerings in the market |
8.4 Investment in research and development of new soy food products |
8.5 Sustainability practices in soy food production and sourcing |
9 India Soy Food Market - Opportunity Assessment |
9.1 India Soy Food Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Soy Food Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Soy Food Market - Competitive Landscape |
10.1 India Soy Food Market Revenue Share, By Companies, 2024 |
10.2 India Soy Food Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here