The Good Food Institute’s Post

🇨🇳 China is proposing bold new initiatives for its alternative protein sector including increased R&D, expanded market access, a wider scientific talent pipeline, and national education & promotional programs. The Good Food Institute APAC has the details → https://bit.ly/4eYpM2g It's great to see China leaning into #alternativeproteins in the same way it has for solar power and electric vehicles to help meet its climate goals. For more information on the full scope of global support for alternative proteins, check out our 2023 State of Global Policy Report → https://bit.ly/3rqzuGD

💶 The EU is among the largest research funders in the world, and home to one of the biggest markets for plant-based foods. Check out our new page summarising the science, policy and business of alternative proteins in the European Union https://lnkd.in/eV7w4b_n #EU #Europe #horizoneurope

🇨🇳🌱 4 KEY MEASURES TO PROMOTE CHINA'S ALTERNATIVE PROTEIN MARKET China houses a sixth of the world’s population, and consumes 28% of its protein supply – but a majority of this is plant-based. That said, meat consumption is set to continue rising over the next decade. China has expressed interest in the industry too, outlining the importance of advancing novel proteins in its latest five-year plan for bioeconomy development. President Xi Jinping has also called for a Greater Food Approach that includes plant-based and microorganism-derived protein sources. But the industry still faces several challenges, according to Doris Lee, the CEO of 谷孚咨询 GFIC, the China-based strategic partner of alternative protein think tank The Good Food Institute. The scalability and costs of cultivated meat and the production efficiency and conversion rates of fermentation-derived proteins are considerable hurdles. There’s also a lack of specialised talent (despite the advancement of agtech in China), and knowledge-sharing platforms. And finally, regulations on industry safety standards, labelling, market supervision, etc. aren’t fully developed yet. Writing in the monthly Enterprise Reform and Development magazine by the Chinese government’s National Development and Reform Commission, the authors highlight four policy proposals that can solve these bottlenecks and pave the way for the widespread commercialisation of alternative proteins in China: 1️⃣ Build a more robust alternative protein ecosystem that brings together stakeholders from the government, scientific research institutions, investors and regulatory agencies. 2️⃣ Partnerships between industry members, academic bodies and research organisations are key to the success of alternative proteins in China. 3️⃣ China’s policymakers need to speed up the establishment of a regulatory approval process for novel foods. 4️⃣ Environmental protection and sustainable resource use should be considered when promoting alternative proteins. More information in the full article: https://lnkd.in/eYUY8hMv #GreenQueen #altprotein #plantbasedmeat #cultivatedmeat #foodsystems #sustainability #futurefood #foodtech

🌿🥩 EU's Panel for the Future of Science and Technology reveals the potential of alternative proteins to transform food security and reduce environmental impact by 2050. 🔄 From algae to cultured meat, these sustainable options are poised to reshape our diets and ecosystems with less land and water use. 📈 By 2035, alternative proteins could make up 11% of the global protein market. Discover how this shift is not just possible, but necessary for our planet's future. Full Report: https://lnkd.in/gm8Uj5RW

Alternative proteins are the new clean energy. Our food system is in need of a major upgrade to improve food security and safety, and environmental outcomes. Will Australia be a global leader or a global laggard? All we know is the rest of the world is not waiting around for us to make up our minds. "In August, bioengineers, chemists, plant biologists and food scientists based in China and Singapore came together in a closed hybrid conference with one ambitious goal: to unlock the massive economic and food-security promise of plant-based and cultivated meat." "The potential economic rewards are enormous, too. By 2050, the alternative-protein sector could generate some US$700 billion annually in economic growth4. But where those gains will go is still up for grabs."

I agree this is a MUST READ! Please take a look at this study released on April 17th 2024 by the Panel for the Future of Science and Technology (STOA) of the European Parliament, "Alternative protein sources for food and feed": "Alternative proteins are of increasing interest in terms of their potential to improve food security and reduce the environmental impacts of food and feed production. This study assesses the current state and future prospects of protein production globally and in the EU to 2050, with a focus on conventional and alternative protein sources for food and feed. While projections show increased conventional protein needs up to 2050, climate change necessitates exploring non-linear scenarios and the potential of alternative proteins in the global and EU protein balance. In this context, four sources of alternative proteins – algae, insects, microbial fermentation and cultured meat – are assessed by comparing them to the conventional sources they may replace, in terms of their relative energy needs, environmental impacts, nutritional content, and their potential for being used as substitutes to conventional proteins in food and feed in the EU. The current level of R&D activity, technological and commercial readiness, and industrial capacity of the said alternatives in the EU is also examined. Finally, the study explores regulatory and technical obstacles to and opportunities for development of alternative proteins in Europe, before proposing a set of policy options that may be considered by EU policymakers for targeted support to the growth of the alternative proteins sector."

🚨 News alert 🚨 Last week, the European Parliamentary Research Service (EPRS) released a study on "Alternative Protein Sources for Food and Feed" evaluating protein production globally and within the #EU. 👇 https://shorturl.at/dISU5   We're thrilled that the EPRS study endorses complementary proteins like #cultivatedmeat and seafood, offering a balanced perspective amidst a landscape often clouded by polarization. The report provides a robust overview of complementary proteins and offers actionable suggestions for fostering their growth in Europe. 🍔 🍣 As we eagerly anticipate the EU protein strategy, we're committed to transparency and information-sharing and hope that forthcoming approvals in the EU will address any lingering doubts surrounding our members' products. #CellAgriEU #cellularagriculture #FutureofFood

When it comes to investing in alternative proteins, Canada and the EU are leading the way. 'Published by industry think tank the The Good Food Institute (GFI), the State of Global Policy presents a snapshot of governments’ views on alternative protein across the planet in 2023. Its analysis estimates that public funding in the sector reached $523M last year, though this represented a 12.6% decline from the $599M poured into the industry in 2022. Breaking this down further, $190M of this figure went to R&D, and another $163M was earmarked for commercialisation efforts. The remaining $170M was for mixed purposes. As for which alternative protein was most popular, it was a close call between plant-based ($189M) and fermentation-derived ($181M) innovations. Cultivated meat trailed behind with just $40M in government investments, while $112M was set aside for a combination of these proteins.' https://hubs.ly/Q02BNqJV0

The global food system is being reshaped by changes in energy, protein technology and geopolitics. To stay competitive, organizations must challenge existing paradigms and create value by exploring new markets, business models and strategies. Learn more. https://ow.ly/4QLl30sG1OW #EYCanada #BetterWorkingWorld

Did you know that organisms and cells that are invisible to the naked eye could help solve some of humanity’s biggest challenges? Biomass and precision fermentation can offer immense potential to feed a growing population, while consuming fewer natural resources. This is why we are working closely with an international network of stakeholders from the public, private and academic sectors to advance innovation in new food. Find more about the new possibilities in food today: https://bit.ly/43u4hRQ