Leading Food Firms Create Dedicated Teams for Plant-Based Products
A four-year investor engagement with 25 giant food retailers and manufacturers, led by the FAIRR investor network, has found that two in five global food giants with combined annual revenues of $459 billion now have dedicated teams to develop and sell plant-based alternatives to meat and dairy; with Tesco and Unilever ranked top.
New research shows that over $1.1 billion of venture investment has flowed into alternative proteins in the first half of 2020, more than double last year's total investment ($534 million). The alternative protein market is expected to grow to...
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