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2020 a Record Year for Investment in Alternative Proteins

by Patrick Lavery, Mar 25
1 minute read

$3.1 billion was invested in alternative proteins in 2020, according to the Good Food Institute. This represents more than half of the total $5.9 billion invested in this sector during the last decade. Among the recipients were plant-based meat, egg and dairy companies, businesses that are using fermentation to make alternative proteins, and cell-based meat companies. The $2.1 billion invested in plant-based proteins was three times the amount raised in 2019.

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So what?

Will these investments bolster the commercial success of existing products and drive innovation in more alternative proteins? Does the sharp uptake in investment compared with 2019 herald the beginning of a new era in food? Or will this be a bet that leaves investors empty-handed?

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