The global vegan food market reached a value of about USD 15.4 billion in 2020.
Driven by the rising awareness of the health benefits of vegan products,
the market is further expected to grow at a CAGR of 9 per cent in the forecast period of 2021-2026 to reach a value of approximately USD 26.1 billion by 2026.
That’s quite a number. Isn’t it?
Veganism in India is picking up quite speedily too.
People are now conscious of what they eat and how they eat.
Following are a few startups that are making ‘being vegan’ an easy task in the country:
Founded by Abhishek Sinha, Deepak Parihar, Shruti Sonali, Stephanie Downs, and Taranum Bhatia, GoodDot is a food tech start-up bringing plant-based proteins to India. Their products give the protein and taste of meat at an affordable price.
They are on a mission to:
- To create innovative and delicious, plant-based food better for people, animals, and the planet earth.
- To provide compassionate alternatives to animal meat, without sacrificing taste.
- To promote a more sustainable food system for the world.
- To revolutionise the future of food with scalable products that are affordable and accessible to all.
Six Sense Ventures, New Crop Capital and RCM Business has backed the startup till date.
- Evo Foods
Co-founded by Shraddha Bhansali and Kartik Dixit in the year 2019, Evo Foods uses cutting-edge tech to create the next generation of plant-based substitutes for animal products.
They started with the mission to end animal agriculture by creating superior substitutes. Using the power of science & plant magic, they transform indigenous ingredients into eggs.
They are backed by Anil Advani, Ryan Bethencourt, Big Idea Ventures, VegInvest, Seven Hound ventures & many others.
Founded by Sairaj Dhond, Wakao is India’s first Brand that makes products from the superfood – Jackfruit. They also got recently funded on Shark Tank India.
They offer a range of naturally grown, plant-based products in ready-to-eat and ready-to-cook forms. Their current focus product is Jackfruit and they aim to expand their offerings to include multiple food products, sources and categories in the near future.
Their goal is to bring ethically sourced, sustainably grown food to their customer’s dinner table. They support cruelty-free food and a vegan way of life.
- Blue Tribe
Co-founded by Sandeep Singh and Nikki Arora Singh in 2019, Blue Tribe offers an alternative for meat in the food supply chain of India.
They aim to build global awareness of the impact that the animal supply chain has on the environment.
Awareness which helps people and communities to consciously choose to replace animals from the food supply chain, once and for all. Awareness that not only leads to positive change for people’s health but the health of our little blue planet as a whole.
Recently, Blue Tribe raised an undisclosed sum from the wife-husband duo, Bollywood actress Anushka Sharma and cricketer Virat Kohli.
Thanks to innovative technology and creation, today people are finding ways to create food without harming the creatures and taking a step forward to tackling climate change.
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