According to GFI CEO Nigel Sizer, the alt protein industry is undergoing significant changes, but progress takes time and investment.
"What gives me the most hope is how quickly the science is moving across all the alt protein categories,"
says GFI CEO Nigel Sizer. The emergence of new startups offering innovative products, such as burgers made with heme protein and microbial-based cheese, has expanded the addressable market for meat and dairy analogs. Companies like Beyond Meat and Impossible Foods aim to dominate the trillion-dollar-plus meat market, rather than just the niche meat alternatives market.
Author's summary: Alt protein industry changes take time and money.