- Protein demand is tipped to rise 74 per cent by 2050 as the global population heads towards 10 billion
- One initiative drawing interest and investment from the likes of Seek founder Paul Bassat and tech billionaire Mike Cannon-Brookes doesn’t involve the slaughter of any animals at all.
- Although the industry is tiny — cultured meat was only served in a restaurant for the first time last year — there are forecasts it could take a 10 per cent share of the $US1.4 trillion meat industry by 2030.
- By 2040, this could rise to 35 per cent, overtaking plant-based meat substitutes in the process, according to consultants AT Kearney.
French food tech company Standing Ovation nabs $12 million for animal-free dairy cheese
The burgeoning food tech revolution continues apace with news that French startup Standing Ovation has raised €12 million ($12 million) in a series A round of funding to develop animal-free casein for use in cheese. Casein, for the...
