Cultivated fat: a solution to the plant-based sensory gap? Cultivated or cultured fat could be the key to improving the taste and texture challenges of plant-based meat alternatives, according to one player in this market.
New research from MarketsandMarkets shows the global plant-based meat market could be valued at $4.3 billion in 2020 – and grow to $8.3 billion by 2025.
Meanwhile, the number of food companies producing plant-based meat globally rose from 15 companies in 2015 to over 220 in 2020, according to newprotein.org.
However, the plant-based protein market remains in a critical stage where the overall quality of products needs to improve if repeat buying is to flourish, say many.