APAC alternative proteins market rife with venture financing and M&A activity, opines GlobalData
Alternative proteins have made significant inroads in the Asia-Pacific over the last five years, spurred by rising consumer health concerns, and increased manufacturer activity in the regions
Alternative proteins, particularly plant-based dairy and meat alternatives have made significant inroads in the Asia-Pacific (APAC) region since 2018. Additionally, the global meat supply chain disruptions and heightened fears of disease transmission through meat during the COVID-19 outbreak catalysed market growth. More consumers began experimenting with plant-based meat alternatives in 2020, thereby expanding the market base.
In this Whitepaper
• APAC dominates the global dairy alternatives drinks market
• APAC meat substitutes demand lags far behind Western markets
• Fluid competitive landscape with rising investments and M&A activity
• Regulatory policy changes and novel technologies to influence future market growth trajectory