India Protein Ingredients Market Size & Outlook, 2023-2030
India protein ingredients market, 2018-2030 (US$M)
Related Markets
India protein ingredients market highlights
- The India protein ingredients market generated a revenue of USD 2,668.9 million in 2023 and is expected to reach USD 4,291.7 million by 2030.
- The India market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, animal/dairy protein was the largest revenue generating product in 2023.
- Insect Protein is the most lucrative product segment registering the fastest growth during the forecast period.
Protein ingredients market data book summary
| Market revenue in 2023 | USD 2,668.9 million |
| Market revenue in 2030 | USD 4,291.7 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Animal/dairy protein |
| Fastest growing segment | Insect Protein |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plant Protein, Animal/Dairy Protein, Microbe-based Protein, Insect Protein |
| Key market players worldwide | DuPont de Nemours Inc, Archer-Daniels Midland Co, Burcon NutraScience Corp, Tessenderlo Group NV, Kewpie Corp, The Scoular Company, CHS Inc Pref Share, Reckitt Benckiser Group PLC, Suedzucker AG, Bunge Global SA, Cargill, Ingredion Inc, Kerry Group PLC Class A, Givaudan SA, Tate & Lyle PLC, Puris, Koninklijke DSM NV, Glanbia PLC, NutriPea, Nagase & Co Ltd |
Other key industry trends
- In terms of revenue, India accounted for 5.3% of the global protein ingredients market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China protein ingredients market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,291.7 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Protein Ingredients Market Scope
Protein Ingredients Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India protein ingredients market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein ingredients market will help companies and investors design strategic landscapes.
Animal/dairy protein was the largest segment with a revenue share of 70.18% in 2023. Horizon Databook has segmented the India protein ingredients market based on plant protein, animal/dairy protein, microbe-based protein, insect protein covering the revenue growth of each sub-segment from 2018 to 2030.
Rising health awareness among consumers has led to changes in food consumption patterns in India in the recent past. The enactment of the National Food Security Act by the Indian government has played a key role in changing dietary patterns.
A significant rise in consumption of protein-rich foods has been observed in the past few years and the trend is anticipated to continue over the forecast period. Augmented demand for nutritional food & beverages among customers in India is projected to positively impact the protein ingredients market over the forecast period.
Reasons to subscribe to India protein ingredients market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India protein ingredients market databook
-
Our clientele includes a mix of protein ingredients market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India protein ingredients market , including forecasts for subscribers. This country databook contains high-level insights into India protein ingredients market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India protein ingredients market size, by product, 2018-2030 (US$M)
India Protein Ingredients Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
