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Government programs around the globe are increasingly getting more involved in the alternative protein space. This month, the Danish government allocated 1.25 billion kroner (~$194 million USD) for research into plant-based proteins. A few weeks ago, the USDA awarded Tufts University $10million to establish “a cultivated protein center of excellence”. Most recently, a European agency called REACT-EU set aside $2 million in funding to help decrease the costs of producing cultivated meat. In this Alt. Protein Round-up, we also have news pieces on mission Barns’ product unveil, Black Sheep Foods plant-based lamb, ImpossibleMeat’s burger stand, and ADM’s investment into precision fermentation.
U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced today an investment of more than $146 million in sustainable agricultural research projects aimed at improving a robust, resilient, climate-smart food and agricultural system. This investment is made under the National Institute of Food and Agriculture’s (NIFA) Sustainable Agricultural Systems program. This innovative program focuses on a broad base of needed research solutions from addressing labor challenges and promoting land stewardship to correcting climate change impacts in agriculture and critical needs in food and nutrition.
The cultured and plant-based meat markets broke records in 2020 and are on track to keep growing. New research reveals the growing amount of money being invested into the alternative meat sector. The FAIRR Initiative – an investor network composed of members with $40 trillion in assets – published the report today.
Three companies, Givaudan, Bühler, and Migros, have formed a new entity, The Cultured Food Innovation Hub, in Kemptthal near Zurich, to accelerate the development and market penetration of cellular agriculture products. There are many arguments supporting the mass suitability of cultured meat: meat without slaughter or factory farming, a significantly better climate balance, no use of antibiotics, and ensured food security. The Cultured Food Innovation Hub will start operations next year.
New York companies like Beyond Meat Inc (BYND) and Impossible Foods are seeing strong sales. Earlier this year, Target launched its own line of 30 vegan food options. Even giant Tyson Foods Inc (TSN) is getting in on the act with its recent introduction of vegan bratwurst and burger patties.
Air Protein CEO, Lisa Dyson, explains how her company leveraged NASA technology to create a protein source from the air that we breathe. We are going to have to feed a lot more people in thirty years’ time. The United Nations predicts that the food industry will have to provide for almost 10 billion people by 2050 – an increase of nearly 20% on the current population. This prospect is causing headaches for an industry that is already stretched – Action Against Hunger estimates that 811 million people are currently going hungry (despite claiming there is more than enough food to go around). But can we really create nutritious food from our own atmosphere?