The Economic Times

Plant-based protein market poised to reach Rs 9,000 cr in five years: Industry body PBFIA

India's plant-based protein ingredient market is set to double to Rs 9,000 crore within five years. Consumers are shifting towards targeted nutrition, driving significant growth in this sector. The plant-based food sector is expanding annually at eighteen percent, outpacing global rates. Currently, ninety percent of plant-protein ingredients are imported, presenting domestic manufacturing opportunities.