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“Alternative proteins are a supply-side solution that will help deliver a food system that can lower the risks for future pandemics and antibiotic resistance, decrease climate emissions, and help us feed a world of 10 billion people by 2050,” said Emma Ignaszewski, corporate engagement project manager for the Good Food Institute (GFI). “This industry will create new jobs and opportunities for American workers. And alternative proteins can accomplish all of this while families can still have a hamburger, steak, or chicken breast on their plates at dinnertime.”
In addition to peak sales, the alternative proteins industry also saw a record number of new companies and brands last year. Twenty-three cultivated meat companies launched in 2020, bumping up the total to 76 companies globally an increase of 43% compared to 2019. Thirteen new companies that produce fermentation-enabled alternative proteins started, making up a total of 51 companies worldwide, a 43% climb from 2019.