Alt Protein Market Outlook
According to GFI CEO Nigel Sizer, the alternative protein market is evolving, albeit gradually, requiring time and investment.
"What gives me the most hope is how quickly the science is moving across all the alt protein categories,"
Sizer's statement comes as new startups emerge with innovative products, such as burgers made with heme protein and microbial-derived cheese, expanding the addressable market for meat and dairy analogs.
Industry leaders, including Beyond Meat and Impossible Foods, aim to capture a share of the trillion-dollar-plus meat market, rather than dominating the niche meat alternatives sector.
Author's summary: GFI CEO Nigel Sizer discusses alt protein market growth.
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