Using publicly available data, non-profit and alternative protein advocacy organization the Good Food Institute (‘GFI’) has identified commonly-recognised predictions about the future of plant-based meat. A newly released report suggests that the latter could account for 6 percent of total global meat and seafood production, by 2030. In manufacturing terms, this means 25 million metric tonnes of animal-free protein will need to be produced every year. The estimate is a boon for the burgeoning plant-based meat manufacturing sector, with further scaling and innovation needed.
TESCO’S CLOSURES LINKED TO MOVE TOWARDS PLANT-BASED PRODUCTS
Tesco will be closing meat, fish and hot deli counters across 317 of its stores in response to the growing plant-based sector, according to analysts at GlobalData.
