When it comes to innovation and disrupting a traditional industry like food and beverage (F&B), the alternative protein industry is one that has taken center stage in the past few years. Transitioning to other sources of protein, including cultivated meat, is considered a long-term trend with great potential, although the current landscape is still in its nascent stages. Today, the market is valued at $20 billion and is estimated to reach around $155 billion by 2027. Right now, it … [Read more...] about Alternative protein, cultivated meat as major disruptors in F&B
alternative protein
Seafood alternatives create additional purchase incentives
In the spring of 2021, Planteneers created a new category with its plant-based alternatives to fish and seafood. It was a highlight, as Dr. Dorotea Pein, Director Product Management at Planteneers, explains: “The category didn’t exist before that. The enormous technological leap we made in the development of fish alternatives was a real breakthrough. The current demand confirms the importance of these plant-based products.” According to Dr. Pein, at Plant Based World, which was held in New York … [Read more...] about Seafood alternatives create additional purchase incentives
Growth opportunities in microalgae market forecasted
Microalgae is microscopic algae found in marine and fresh water. This natural product is rich in vitamins A, B2, C, E and nutrients such as protein, iron and magnesium. In the food and beverage segment, it is being increasingly adopted particularly as an alternative protein source. As more people are going the vegan route and companies are investing in fortified food and dietary supplements for health, the microalgae market is poised for growth. Additionally, disposable income allocated to … [Read more...] about Growth opportunities in microalgae market forecasted