Articles Tagged with ''alternative proteins''

Innovation in the alternative proteins space could experience accelerated growth as a result of a recently introduced executive order from President Joe Biden.

Even well funded players are suffering. Planterra Foods who launched the OZO brand a few years ago just announced it is being shut down by its parent company Brazilian-based JBS. Maple Leaf Foods, who owns Lightlife and Field Roast plant-based brands, is reallocating resources back to conventional meat amid declining sales.

BlueNalu has developed breakthrough technologies that pave the way to scalability and significant cost reduction, advancing the company towards its goal to produce nutritional, functional, and high-value seafood products. 

ADM, a global leader in nutrition, announced that it will invest approximately $300 million to significantly expand its Decatur, Ill., alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening a new, state-of-the-art Protein Innovation Center, also in Decatur. 

Investment in alternative proteins, and funding for general protein innovation strengthens in 2022.

As global efforts ramp up to mitigate the climate crisis, address land and water issues, and prevent the next pandemic, the sustained interest in alternative proteins signals a growing appetite for planet-friendly investments with returns beyond the bottom line.  

The alternative protein market is set to be worth $290 billion by 2035 and Kernel™ is turning that trend into product demand.

The EVERY Company, the leading precision fermentation platform accelerating a global transition to animal-free protein, announced it has closed $175 million in Series C financing.