from the plant Protein
The plant-based food industry, despite its nascent stage, is poised for huge growth opportunities. There are many people who are switching to ‘vegan’ diets worldwide, and there are also people who have been vegetarian since birth. Such people do not eat meat, eggs, seafood, dairy products and need quality alternatives. Therefore, foods made with plant protein can help them.
to India opportunities
India has a huge opportunity to capture the global plant-protein market. The Indian market for plant-based foods will reach Rs 3,000-3,500 crore in five years. In the year 2032, it is expected to reach 40 thousand crore rupees. In our country, approximately 40 percent of people being vegetarian is a great opportunity. There is also huge export potential in this sector. Alfalfa is produced mostly from soybeans, chickpeas, millets, potatoes, etc. Internationally, although our country produces a lot of alfalfa, the world’s largest companies look to countries like Myanmar for their plant protein needs. The reason is that most of the passion fruit varieties produced in India are sprayed with fertilizers and chemicals.
Protein cluster
Plant Based Foods Industry Association is planning to start a cluster in Nagpur to produce plant protein. Many start up companies are doing research in this regard. The company’s website address is https://pbfia.org/Among the ‘start up’ companies that use these plant proteins and produce meat-like flavored vegetarian products, Phyx44, ProMeat, Naya Milk, Plantish Foods, Good Dot, Evo Foods, Mister Veg, Greenest, Vezlay, Wakao, Imagine Meats, Good Dot are popular. For Doubts: Sethuraman Sattappan. E-mail: [email protected], Mobile: 9820451259, Website: www.startupandbusinessnews.com