Investment in alternative proteins reached a record $ 3.1 billion in 2020
Investment in alternative proteins in 2020 It surged to a record $ 3.1 billion, three times more than the capital invested in 2019.
Quoted from "Plant Based News"
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The investor community is seeing great social and economic potential in food technology to radically reshape the food system. In response, the Good Food Institute (GFI) has released data, stating that it "shows a growing willingness to invest in climate-friendly investments."
'Investing in alternative proteins'
In 2020, cultured meat companies have invested more than $ 360 million, six times more than in 2019. In addition, the fermenting company "focused on alternative proteins" and received an investment of $ 590 million in 2020. This is more than double the amount in 2019.
'Fundamentally rebuilding our food system'
"Trendsetters such as Impossible Foods, Beyond Meat, Memphis Meat and Mosa Meat continue to perform well, and alternative proteins have the potential to succeed in the market while having a positive impact on food sustainability and global health. An increasing number of entrepreneurs are finding out.
'Major shift to alternative proteins'
Caroline Bushnell, Director of Corporate Engagement at GFI, describes 2020 as the "breakout year for alternative proteins." A major shift to alternative proteins will play an important role in mitigating the environmental impact of food production, meeting the Paris Agreement and sustainably supplying the growing world population.