APAC alternative proteins market rife with venture financing and M&A activity, opines GlobalData – DM eysy

This article was written by Saladplate. Click here to read the original article

Alternative proteins, particularly plant-based dairy and meat alternatives have made significant inroads in the Asia-Pacific (APAC) region since 2018. Additionally, the global meat supply chain disruptions and heightened fears of disease transmission through meat during the COVID-19 outbreak catalysed market growth. More consumers began experimenting with plant-based meat alternatives in 2020, thereby expanding the market base.