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U.S. agricultural commodities and food processing giant Archer Daniels Midland Co (ADM) and Hong Kong-based Avant Meats are opening food labs in Singapore to expand their production of plant-based meat and fish analogs in the region.
ADM’s facility, to be located in its Biopolis research hub in Singapore, will focus on developing “new nutritious products to help meet rising demand of food and beverage in the Asia-Pacific region,” ADM Asia-Pacific President Leo Liu said in a 22 April press release.
“Protein continues to be a focus for consumers who are experimenting with plant-based options to meet their health and nutrition, sustainability and convenience preferences, and with Asia being home to 60 percent of the world’s population, Singapore is a critical hub of innovation and growth around plant-based alternatives,” Liu said.