Alternative proteins (AP) represent a significant opportunity in the global food system, offering sustainable and healthy options, using plant-based, cell-cultivated, and fermentation derived technologies.
Companies such as Beyond Meat and Impossible Foods have already made an impact on consumers with their innovative plant-based burgers. AP products can be used independently or blended with conventional meat. While the fermentation and cultivated sectors are still in early development, several fermentation-based products are now on store shelves. With the anticipated debut of cultivated products in the US market by the end of 2023, the AP industry is set to experience continued growth and innovation.