Plant-based food and alternative proteins look set to upend food industry - BNP Paribas Asset Management

The food industry is on the brink of a decade of profound change. Unparalleled growth in plant, micro-organism, and animal-cell based alternatives has the potential to drive this change as consumer tastes evolve, meat intake is being reduced or cut altogether and demand for alternative food types rises.

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... The COVID-19 pandemic has increased the awareness of the link between food, health, food security and sustainability, leading to a surge in the demand for plant-based products.

Today, alternative protein companies are growing strongly. New entrants are applying disruptive technologies such as synthetic biology, big data, AI, machine learning, robotics, and the Internet of Things. They could transform the food industry.

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