5 days ago
India’s Plant-Based Protein Market Set to Double
India’s plant-based protein market includes foods and ingredients made from plants instead of animals.
It is currently worth about ₹4,500 crore.
Industry experts expect it to double to ₹9,000 crore in five years.
More people are choosing foods for nutrition and protein, not just fewer calories.
India’s sector is growing faster than the global market.
However, India imports about 90% of its plant-protein ingredients.
Local factories could help produce more ingredients within the country.
This could create investment, support farmers, reduce imports and increase exports.
India’s plant-based protein ingredients market is estimated at ₹4,500 crore.
The market is projected to reach ₹9,000 crore within five years.
India’s plant-based food sector is growing about 18% annually, versus 7–8% globally.
Nearly 90% of India’s plant-protein ingredients are currently imported.
Domestic extraction facilities could require investments of ₹200–250 crore each, depending on capacity.
- Who
- The Plant Based Foods Industry Association, food-industry representatives and Indian consumers are central to the development.
- What
- India’s plant-based protein ingredients market is expected to double from ₹4,500 crore to ₹9,000 crore in five years.
- Where
- India.
- When
- The projection covers the next five years; the estimates were discussed at Fi India and ProPak India 2026.
- Why
- Growing demand for targeted nutrition and protein is driving the market, while domestic manufacturing could reduce import dependence and support exports.
Key facts
- Current market size
- Approximately ₹4,500 crore
- Projected market size
- ₹9,000 crore within five years
- Annual sector growth
- About 18% in India, compared with an estimated 7–8% globally
- Import dependence
- Nearly 90% of India’s plant-protein ingredients are imported
- Facility investment
- A 10–15-tonnes-per-day ingredient-extraction facility may require at least ₹200–250 crore
- Wider food ingredients market
- Estimated at around ₹85,000 crore
- Natural ingredients share
- Approximately 30–35% of the wider food ingredients and additives market
Quotes
Praveer Srivastava
Executive director of the Plant Based Foods Industry Association
“With plant-based protein identified as one of the growth engines by the Ministry of Food Processing Industries, greater policy support can help build domestic capabilities and reduce import dependence.”
livemint.com
“The plant-based food sector is growing at around 18 per cent annually, significantly ahead of the 7-8 per cent global growth rate”
livemint.com
Sources
Related news
Pune startup Proeon bets big on plant-based peanut protein
Nestle Sees India Entering Global Top Five Markets Soon
Why South India Is Becoming India’s Protein-Smartest Region
India Pet Care Market Eyes Rs 11,000 Crore by 2031
India's Defence Industry Projected to Grow 68% in Three Years
Gold Loans Quadruple as India’s Untapped Gold Wealth Fuels Growth
Toxic Box Office Hits New Low After Strong Opening
The Yellow Diary Launches India Tour With Sold-Out Bengaluru Shows
India’s Fourth BRICS Chair Faces a Much Larger Summit
Nepal Families Seek Missing Loved Ones After Deadly Flash Floods
