Animal-free proteins: A bright outlook and a to-do list. BCG report

Abstract

This post points to a report I have co-authored as part of my job at Boston Consulting Group. The content of this post, however, reflects my personal views and not those of my employer. Alternative proteins have reached the mainstream in 2021 - many major fast-food outlets feature animal-free versions of their food, and products like almond milk are household staples. In a recent report, titled Food For Thought: The Protein Transformation (short version and long version), Boston Consulting Group and Blue Horizon estimate that the market for alternative proteins will grow to 97 million metric tons per year by 2035, when it will make up 11% of the overall protein market. Faster technological innovation and greater regulatory support could speed growth to 22% by 2035.