Market Size of india protein Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2029 |
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Base Year For Estimation | 2022 |
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CAGR | 5.76 % |
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Largest Share by End User | Food and Beverages |
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Fastest Growing by End User | Personal Care and Cosmetics |
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Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Protein Market Analysis
The India Protein Market is projected to register a CAGR of 5.76%
- Plant is the Largest Source : Immense availability, functionality, vegan protein source, and low price of soy, wheat, and pea have contributed to the country's leading position of plant proteins.
- Food and Beverages is the Largest End User : F&B is driven mainly by the meat and beverage sectors. The multifunctionalities of plant protein imparted in these products, as well as rising Indian taste for vegan meals.
- Animal is the Fastest-growing Source : Animal proteins with claims such as organic, sustainable, and grass-fed are boosting sales in the segment. Gelatin and collagen are the fastest growing sub-segments.
- Personal Care and Cosmetics is the Fastest-growing End User : Protein-enriched skin, body, and hair care products are on the rise. Players offering protein ingredients with distinct concentration as per the need is boosting the segment.
