India is home to several market research companies and being in a predominantly Hindu country they should know something about alternative proteins in a vegetarian diet. Analytical Research Cognizance says the global market for meat alternatives has a compound annual growth rate of 6.42 percent. The research firm MarketsandMarkets says the growth rate is 6.8 percent and Mordor Intelligence sees a 7.9 percent annual growth rate. Meanwhile, Chicago-based A.T. Kearney says the global market for conventional animal proteins expands by 3 percent per year. Just looking at the demand for meat substitutes growing at more than twice the rate as conventional animal protein products should give pause to the livestock industry. Though it i...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...