For all of the progress in the alt-meat industry in the last few years, adding to that success in 2022 depends on three distinct factors, according to industry players and recent data.
Technological advancements, like those by Motif FoodWorks, are one of the drivers to the growth of the analogue market in 2022.
Whether plant-based or cultured, alternatives to conventionally raised and slaughtered meat are booming: Refrigerated plant-based meat alternatives posted sales of $481 million in 2021, according to research by 210 Analytics LLC. That is a fraction of the estimated $85 billion in sales posted by U.S. consumer purchases of meat from animals in 2021. Furthermore, the global animal protein business is currently a $1.4 trillion industry globally, noted…
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