India Protein Market to Hit USD 2.08 Billion by 2030 with Plant-Based Demand

 The India Protein Market Size is valued at USD 1.52 billion in 2025 and is projected to reach USD 2.08 billion by 2030, growing at a CAGR of 6.52% during the forecast period (2025–2030). Growth is being fueled by changing dietary habits, government support for agricultural development, and technological innovation in protein processing and applications.

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Growing Shift Toward Plant Protein

Plant protein dominates the market, accounting for about 65% of value share in 2024, supported by India’s large vegetarian population and rising adoption of plant-based lifestyles. With 74% of Indians perceiving vegan diets as healthy in 2023 and around 77% willing to try alternative proteins, manufacturers are investing in soy, wheat, and pea protein innovations. Government policies, such as Maharashtra’s INR 2,399 crore allocation in 2024 to support soybean farmers, further reinforce the segment’s strength.

Expanding Animal Protein Demand

The animal protein segment is expected to grow at nearly 7% CAGR between 2024 and 2029, driven by India’s position as the world’s largest milk producer, contributing almost 25% of global output. Whey protein demand is accelerating among urban fitness enthusiasts, supported by a surge in gym memberships—33% of urban Indians had access to gyms in 2023. Collagen and gelatin applications are expanding beyond nutrition into personal care, pharmaceuticals, and sustainable packaging solutions.

Emerging Role of Microbial Proteins

Microbial protein, though still niche, is gaining attention as a sustainable alternative. Algae protein and mycoprotein require fewer resources and are increasingly explored in meat alternatives, sports nutrition, and functional foods. Gradual consumer acceptance and industry R&D efforts are expected to push growth in this segment.

Key End-User Segments

  • Food & Beverages – The largest application, holding ~71% market share in 2024. Meat alternatives and dairy/dairy substitutes dominate, with plant proteins making up over 82% of consumption.
  • Personal Care & Cosmetics – Growing at nearly 10% CAGR through 2029, this segment is fueled by collagen and plant proteins in skincare and haircare products, alongside rising demand for sustainable packaging.
  • Supplements & Nutrition – Fitness-driven protein powders, infant formulas, and fortified products are expanding quickly with urban health awareness.
  • Animal Feed – Remains steady, backed by India’s strong livestock and aquaculture industries.

Innovation and Infrastructure Development

Technological advancements are reshaping the industry. In May 2024, the Centre for Smart Protein and Sustainable Material Innovation was launched in Bengaluru through a partnership between IKP Knowledge Park and GFI India. Companies like Roquette introduced multifunctional pea proteins, while Nitta Gelatin announced a INR 200 crore investment in collagen peptide expansion. This wave of innovation is making protein solutions more functional, sustainable, and versatile.

Competitive Landscape

The India protein market is fragmented, with a mix of global giants and local players. ADM, IFF, Südzucker, and Fonterra lead with international expertise, while Indian companies like Vippy Industries and Nakoda Dairy leverage strong regional distribution networks. Strategic alliances, acquisitions, and localized manufacturing remain central to expansion strategies. Sustainability and clean-label trends are pushing companies to prioritize eco-friendly sourcing, recyclable packaging, and transparent supply chains.

Conclusion

The India protein market is entering a high-growth phase, driven by a strong plant-based shift, expanding animal protein applications, and increasing consumer focus on fitness and health. Urbanization, government support, and technological innovation are creating opportunities across food, beverages, supplements, and personal care industries. While plant protein maintains its leadership, animal and microbial proteins are set to capture growing niches. Success will depend on companies’ ability to balance cost, sustainability, and innovation while catering to evolving consumer preferences.

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