The reality of India’s faux meat boom
Domino’s recent launch of plant-based meat in India comes amid a flurry of activity in the alt protein space. Here’s what to expect of the industry, and the questions we should be asking.
25 February, 2021•14 min
0
25 February, 2021•14 min
0
Getting your Trinity Audio player ready...

Why read this story?
Editor's note: The mince, like most people with dating profiles and dishes on Instagram, looks better in the pictures. It’s supposed to be generously sprinkled but here it is in person, sparse amid the black olives and red paprika that populate the pizza topping. It’s also supposed to have a “100% chicken-like taste”. It doesn’t; the smoky flavour and shade of brown are more reminiscent of mutton. Perhaps Domino’s should’ve marketed this, the Unthinkable Pizza, as meat-like rather than chicken-like. It would’ve never succeeded in the US, Canada, Singapore, Macau, and Hong Kong—markets where Impossible Foods sells its patties, mince, and sausages. It took Impossible nearly a decade to assemble food developers, physicists, and biochemists who’d create the genetically-engineered soy leghemoglobin—a legume hemoglobin protein that contains the heme molecule, which gives its packaged products their distinct meaty taste, and skyrocketed the company to a $4 billion evaluation. Meanwhile, Impossible Foods’s rival Beyond Meat has an estimated (and insane) valuation of $12 billion, also after 10-plus years of research. But Domino’s is the first quick service restaurant to offer a plant-based meat product …
More in Chaos
Chaos
India's modest climate targets: smart diplomacy or missed opportunity?
A 10-percentage-point gap between what India plans domestically and what it promises the UN tells you everything about its climate strategy.
You may also like
Business
Jubilant finally moves on from Dunkin’
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
Business
Is Jubilant a victim of its own success?
As a consistent performer—proved once again by its stellar Q3 FY26 results—the QSR giant runs smack dab into a market fixated on its ‘tough base’.
Business
Milky Mist is a rare best-of-both-worlds business
IPO-bound Milky Mist is a dairy company that operates like an FMCG player. Its unique business model and ambitious promoter have served it well thus far. Now for the market test








