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Buoyed by the success of red-meat mimics from the likes of Impossible Foods and Beyond Meat, a growing number of companies is angling to capture their share of the early market for animal-free seafood. Overall, businesses creating all sorts of meatalternatives raised $3.1
Alternative proteins, which have gained more mainstream attention in U.S. supermarkets and direct-to-consumer models during the COVID-19 pandemic, include both plant-based or food-technology (so-called "clean meat") alternatives to animal protein. the world consumes hundreds of billions of pounds of meat and seafood a year.
The report also highlights seafood as the next frontier for alternative proteins, amid growing concern over severely over-fished oceans and dwindling marine biodiversity. As such, the report paints a bullish picture for the future of the burgeoning lab-grown meat industry.
Buoyed by the success of red-meat mimics from the likes of Impossible Foods and Beyond Meat, a growing number of companies is angling to capture their share of the early market for animal-free seafood. Overall, businesses creating all sorts of meatalternatives raised $3.1
So far, plant-based startups have mainly managed to replace ground beef , which may be the fodder of countless popular dishes but that leaves poultry, pork, and seafood largely in the lurch. Chipotle recently announced that it has no plans to add plant-based meat describing the offerings as too processed for its fresh-focused platform.
This is the second-largest round for a cultivated meat startup after Memphis Meat’s $17 million Series A. (If If you include seafood in your definition of meat — jury out over here at AgFunder! — BlueNalu raised the largest with a $20 million Series A recently.).
"Through our partnership with Whitbread, we can share great-tasting, meat-free options with consumers, encouraging them to make healthy, more sustainable choices when eating out of home," she said. We have seen an increase in our plant-forward sales and the feedback from customers has been fantastic.".
13, 2023 — In the refrigerated grocery store aisle, meatalternatives greatly outnumber plant-based seafoods. But more mock seafood options are needed because of unsustainable fishing and aquaculture practices, which can deplete the supply and harm the environment. SAN FRANCISCO, Aug.
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