In the first quarter of 2020, plant-based protein companies in the US raised a total of $741 million in investment – nearly matching a record $747 million raised in the whole of 2019.
Experts predict that there are plenty of reasons to be optimistic about the future of the alternative protein sector in the post-COVID-19 world. Even amidst the ongoing pandemic that has rocked the food-service industry and the wider global economy, alternative proteins have record-breaking sales, product launches are skyrocketing and we are seeing more flagship brand items made with alternatives than ever before.
The use of alternative proteins offers an ideal solution to a more sustainable food production system. Consumer demand for alternate sources of conventional meat peaked in 2020 as the pandemic has underlined the link between food and health. The pandemic has also placed the spotlight on meat supply and food security globally, a driver behind meat reduction trends.
Based on FutureBridge analysis, this webinar will be focusing on key developments that have taken place in 2020 including investments, product launches, expansions and noteworthy technological advancements in the sector. This webinar will help our viewers identify opportunities to tap into this growing alternative protein market and prepare for consumer demand in the post-COVID world.
In this webinar we will;
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