Expert Market Research’s new report titled “Vegetable protein market in India growth, Size, Share, Price, Trends, Report and Forecast 2022-2027′, provides an in-depth analysis of the Vegetable Proteins Market in India, Evaluation of the market based on its segments such as source, type, applications and distribution channel. The report tracks the latest trends in the industry and examines their impact on the overall market. It also assesses the market dynamics, covers the main demand and price indicators and analyzes the market based on the SWOT and Porter Five Forces models.
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Key highlights of the report include:
Market Overview (2017-2027)
• Historical market size (2020): 11,250 tons
The Indian plant-based protein market is driven by the thriving Health & Fitness and Food & Beverage sectors. When it comes to health and fitness, teens and middle-aged people are becoming more and more conscious about their health, which is why they are heading to gyms and health clubs more than ever.
This has also increased the demand for lactose- and gluten-free products. Similarly, the food and beverage segment is also very important for the plant-based protein market. There is a great demand for high protein nutrition among athletes, bodybuilders and the sporting community. In India, the maximum percentage of the population is vegetarian, which presents a significant opportunity for players in this market to develop products such as high-protein juices, smoothies, shakes, beverages and flavored drinks to meet their protein needs.
The rising investments by key players in the Indian protein-based market are expected to support the market growth over the forecast period. After the COVID epidemic, while various industries are recovering from the adverse effects of the pandemic, the product is likely to…
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