The promising global alternative protein market /food tech news Asia
The promising global alternative protein market

Despite the downturn in the consumer market, the global market for alternative proteins presents a different picture.

Alternative protein start-ups received US$35.2 billion in funding last year, according to investment bank DAI Magister. In addition, the investment bank believes that global revenues from alternative proteins will exceed US$290 billion by 2035.

The driving factor behind the investments may be that alternative proteins have the potential to transform the industry. According to the Good Food Institute, switching to alternative products could . . .

This content is restricted to members only. Please press this link to register. Already a member? Please login.

You May Also Like

Mo Xiaoxian’ B round financing exceeded 15 million US$

The trendy instant food brand “Mo Xiaoxian” has raised more than 100…

When fashion meets beverage

On January 28th, the world’s largest beverage company, Coca-Cola, has opened a…