International Protein Day is observed on February 27 every year. Protein is one of the essential macronutrients that helps in building blocks of the human body. Protein intake on daily basis aids organs to function properly and the body to perform tasks.

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On the occasion of Protein Day, let's take a look at the five interesting points about the protein market in India.
 

1.       Medical Nutrition Market share

 

In India, most of people suffer from protein deficiency, according to research by the Indian Council of Medical Research (ICMR). The government has focused on increasing the awareness regarding protein intake. As per recent data compiled by Coherent Market Insights, a market research organization, protein accounts for the highest market share as it has more than 28 per cent of the Indian medical nutrition market share in 2021.

 

2.       Overall Market

 

The overall India Protein Market stood at USD 1.25 billion in the current year and is projected to register a CAGR of 4.34 per cent over the next five years, according to a market research firm Mordor Intelligence.

In 2022, the India plant-based protein market attained a value of about USD 689.7 million. The market is projected to grow at a CAGR of 6.3 per cent between 2023 and 2028. On the other hand, India's Whey Protein Ingredients Market size is estimated to be $860 million in 2019 and is projected to be growing at a CAGR of 37.64 per cent during the forecast period 2020-2025, reveals a research report by IndustryARC, a Market Research Consulting Firm.

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