Why Investors Bet on the Future of Alternative Protein

Alternative protein sources have become a hot topic in recent years, and the Covid-19 pandemic appears to have only pushed it to the forefront. Data suggest that the 2020 sales of plant-based meats and milk grew by 45% and 20% compared to 2019, respectively. A new report released by Research and Markets this month predicts the plant-based market to grow to $20b in a decade. It’s valued at below $7B now.