India exports its first batch of plantbased meat products
The APEDA has facilitated the export of the first contingent of plant-based meat products from Gujarat to California, US.
Vegan foods are popular in developed countries due to their high fibre content, high nutrient content, and lower cholesterol levels.
Greenest Foods, an Indian company based in Gujarat, exported the country's first batch of plant-based meat products.
Greenest Foods and Wholesome Foods worked together to accomplish this feat.
This makes plant-based meat and vegan food products an exciting new addition to India's export portfolio.
With the rise of conscious consumerism, smart protein and plant-based meats have grown in popularity, particularly among younger generations.
The widespread adoption of vegan lifestyles has the potential to boost the growth of plant-based meat products, positioning India to become a key supplier to the international market.
APEDA plans to export these products to Australia, Israel, New Zealand, and other countries in the coming months.
These products will be promoted without disrupting the traditional animal-based meat export market.
According to APEDA, India's plant protein market is expected to reach 400 to 450 million USD in the next five years, and the country has enormous potential to meet national and international demand.
Popular consumer goods companies in India, such as ITC and Tata Consumer Products, are investing in this industry.
It is expected to be worth $1 billion USD by the end of this decade.
Because of their ethical and value additions from food service operators and retailers, India's plant-based food products are a very popular category in international markets.
The Agricultural and Processed Food Products Export Development Authority (APEDA) is a top-level government agency that promotes export trade. Its goal is to make India the "supplier of choice" in global markets for agro and value-added food products. It brings together all stakeholders involved in the country's export trade.