Market Size of india animal protein Industry
| Icons | Lable | Value |
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Study Period | 2017 - 2029 |
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Market Size (2024) | USD 486.4 Million |
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Market Size (2029) | USD 666.8 Million |
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Largest Share by End User | Food and Beverages |
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CAGR (2024 - 2029) | 6.51 % |
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Fastest Growing by End User | Personal Care and Cosmetics |
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Market Concentration | Low |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
India Animal Protein Market Analysis
The India Animal Protein Market size is estimated at 486.4 million USD in 2024, and is expected to reach 666.8 million USD by 2029, growing at a CAGR of 6.51% during the forecast period (2024-2029).
486.4 Million
Market Size in 2024 (USD)
666.8 Million
Market Size in 2029 (USD)
6.26 %
CAGR (2017-2023)
6.51 %
CAGR (2024-2029)
Largest Market by Product Type
24.11 %
value share, Gelatin, 2023
Gelatin's texture-enhancing properties increase its popularity in baked goods. The growing number of manufacturers with certifications to ensure safety is driving the demand for gelatin in the country.
Largest Market by End User
78.14 %
value share, Food and Beverages, 2023
The F&B sector dominates the market, mainly led by the snacks and bakery segment. Rising consumer interest in protein-fortified snacks and bakery products such as bread, biscuits, cookies, etc. drives the market growth.
Fastest Growing Market by Product Type
8.07 %
Projected CAGR, Collagen, 2024-2029
Collagen possesses multi-functionalities and contributes to enhanced muscle growth. Thus, the demand for collagen is high in the supplements industry, mainly in sports nutrition.
Fastest Growing Market by End User
10.47 %
Projected CAGR, Personal Care and Cosmetics, 2024-2029
The popularity of protein-enriched skin, body, and hair care products is on the rise. Players offering protein ingredients with distinct concentrations as per need are boosting the segment.
Leading Market Player
3.29 %
market share, Fonterra Co-operative Group Limited, 2021
Due to its extensive product portfolio and strategic moves toward innovation, Fonterra Co-operative Group Limited has gained a competitive edge over other players.
Consumer inclination towards protein-based meals dominates the F&B sector across the country
- By end user, the F&B sector remained the largest, and it is anticipated to register a CAGR of 6.33%, by volume, in the forecast period. The demand was majorly led by the snacks industry owing to the increasing number of working professionals and their widening inclination toward healthy, on-the-go meal options. About 70% of Indians are willing to focus on improving their overall health and immunity and reducing stress and anxiety by prioritizing dietary changes.
- The COVID-19 pandemic exposed the vulnerability of the regional foodservice sector, which further drove consumers toward the retail sector. This trend largely benefitted the RTE/RTC foods sub-segment, which saw double-digit growth of 19.60% by volume in 2020 compared to the previous year. The pandemic further bolstered the demand for ready-to-cook food products, such as frozen meals and pizzas, directly positioned to compensate for consumers' eating out. The demand for protein is expected to continue due to the growing consumption of ready-to-eat foods in the country. Thus, the RTE/RTC foods sub-segment is projected to record a CAGR of 6.71% during the forecast period.
- The personal care and cosmetics segment is expected to grow the fastest and record a CAGR of 9.59% during the forecast period. The need for all-natural components in the Indian cosmetics sector is driving applications of animal protein. The increasing functions of whey protein, such as skin smoothening and hair conditioning, are also boosting demand in the market. With the rise in demand for bioactive ingredients from Indian consumers, manufacturers are attempting to include these ingredients in the sector.
Understand The Key Trends Shaping This Market
India Animal Protein Industry Segmentation
Casein and Caseinates, Collagen, Egg Protein, Gelatin, Insect Protein, Milk Protein, Whey Protein are covered as segments by Protein Type. Animal Feed, Food and Beverages, Personal Care and Cosmetics, Supplements are covered as segments by End User.
- By end user, the F&B sector remained the largest, and it is anticipated to register a CAGR of 6.33%, by volume, in the forecast period. The demand was majorly led by the snacks industry owing to the increasing number of working professionals and their widening inclination toward healthy, on-the-go meal options. About 70% of Indians are willing to focus on improving their overall health and immunity and reducing stress and anxiety by prioritizing dietary changes.
- The COVID-19 pandemic exposed the vulnerability of the regional foodservice sector, which further drove consumers toward the retail sector. This trend largely benefitted the RTE/RTC foods sub-segment, which saw double-digit growth of 19.60% by volume in 2020 compared to the previous year. The pandemic further bolstered the demand for ready-to-cook food products, such as frozen meals and pizzas, directly positioned to compensate for consumers' eating out. The demand for protein is expected to continue due to the growing consumption of ready-to-eat foods in the country. Thus, the RTE/RTC foods sub-segment is projected to record a CAGR of 6.71% during the forecast period.
- The personal care and cosmetics segment is expected to grow the fastest and record a CAGR of 9.59% during the forecast period. The need for all-natural components in the Indian cosmetics sector is driving applications of animal protein. The increasing functions of whey protein, such as skin smoothening and hair conditioning, are also boosting demand in the market. With the rise in demand for bioactive ingredients from Indian consumers, manufacturers are attempting to include these ingredients in the sector.
| Protein Type | |
| Casein and Caseinates | |
| Collagen | |
| Egg Protein | |
| Gelatin | |
| Insect Protein | |
| Milk Protein | |
| Whey Protein | |
| Other Animal Protein |
| End User | ||||||||||||
| Animal Feed | ||||||||||||
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| Personal Care and Cosmetics | ||||||||||||
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India Animal Protein Market Size Summary
The India Animal Protein Market is poised for significant growth, driven by increasing consumer demand for protein-rich foods and beverages. The market is characterized by a diverse range of applications, including food and beverages, personal care, and cosmetics, with the food and beverage sector being the largest end user. The rise in health consciousness among Indians, particularly the focus on improving immunity and reducing stress through dietary changes, has fueled the demand for ready-to-eat and ready-to-cook food products. The COVID-19 pandemic further accelerated this trend, as consumers shifted towards retail sectors, boosting the market for convenience foods. The personal care segment, particularly the use of whey protein in cosmetics, is expected to grow rapidly, driven by the demand for natural and bioactive ingredients.
India's position as a leading producer of milk and its increasing production of animal byproducts like whey, gelatin, and collagen underscore the market's potential. The country's fragmented market landscape is dominated by a few key players, with ongoing government initiatives aimed at enhancing livestock productivity and modernizing slaughterhouses. These efforts are expected to address challenges such as waste disposal and support the growth of the animal protein industry. The market's expansion is further supported by innovations in product offerings, such as high-protein and low-sugar formulations, catering to the evolving consumer preferences for health and wellness products.
India Animal Protein Market Size - Table of Contents
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1. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2029 and analysis of growth prospects)
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1.1 Protein Type
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1.1.1 Casein and Caseinates
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1.1.2 Collagen
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1.1.3 Egg Protein
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1.1.4 Gelatin
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1.1.5 Insect Protein
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1.1.6 Milk Protein
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1.1.7 Whey Protein
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1.1.8 Other Animal Protein
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1.2 End User
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1.2.1 Animal Feed
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1.2.2 Food and Beverages
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1.2.2.1 By Sub End User
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1.2.2.1.1 Bakery
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1.2.2.1.2 Beverages
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1.2.2.1.3 Breakfast Cereals
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1.2.2.1.4 Condiments/Sauces
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1.2.2.1.5 Confectionery
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1.2.2.1.6 Dairy and Dairy Alternative Products
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1.2.2.1.7 RTE/RTC Food Products
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1.2.2.1.8 Snacks
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1.2.3 Personal Care and Cosmetics
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1.2.4 Supplements
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1.2.4.1 By Sub End User
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1.2.4.1.1 Baby Food and Infant Formula
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1.2.4.1.2 Elderly Nutrition and Medical Nutrition
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1.2.4.1.3 Sport/Performance Nutrition
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India Animal Protein Market Size FAQs
How big is the India Animal Protein Market?
The India Animal Protein Market size is expected to reach USD 486.39 million in 2024 and grow at a CAGR of 6.51% to reach USD 666.84 million by 2029.
What is the current India Animal Protein Market size?
In 2024, the India Animal Protein Market size is expected to reach USD 486.39 million.
