Released January 25, 2022 | NEW DELHI
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Researched by Industrial Info Resources (Sugar Land, Texas)--The alternative protein market--also called the plant-based meat and dairy market--is a promising sector for the post-COVID-19 era, with more customers focused on health, nutrition and environmental factors. More than $3 billion has been invested globally in the sector.
India is developing more than $500 million worth of alternative protein projects, and its plant-based dairy sector is expected to reach $68 million in value by 2024, according to Healthworld.com. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of active meat, poultry and dairy projects across India.
Click on the image at right for a heat map of India's active meat, poultry and dairy projects, from Industrial Info's Geolocator tool.
Alternative protein is important to India, where as much as 80% of the public is protein-deficient. India is known as a vegetarian country, which could make alternative protein an appealing product.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
India is developing more than $500 million worth of alternative protein projects, and its plant-based dairy sector is expected to reach $68 million in value by 2024, according to Healthworld.com. Subscribers to Industrial Info's Global Market Intelligence (GMI) Food & Beverage Project Database can click here for a list of active meat, poultry and dairy projects across India.
Alternative protein is important to India, where as much as 80% of the public is protein-deficient. India is known as a vegetarian country, which could make alternative protein an appealing product.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.