Despite declining sales and investment in the alternative protein industry in recent years, the segment is seeing early green shoots that suggest category stakeholders may be clawing their way out of the trough of disillusionment and up the other side of the Gartner Hype Cycle to the promise of full integration.
Australian-based cell-cultivated meat company Vow is moving from extinct animals to something more familiar with the release of Forged Parfait, featuring a cell-cultivated meat product based on the Japanese quail, company Co-founder and CEO George Peppou told FoodNavigator-USA.
70/30 Food Tech, a Singaporean holding company with operations in China and other parts of Asia, is actively developing low-cost whole-cut mycelium-based protein solutions. These innovative products are positioned as affordable and high-quality alternatives to traditional animal-based proteins, tailored for the Asian market.