Plant Proteins Come of Age

Once dismissed as a specialty niche, plant-based proteins have moved dramatically into the mainstream, fueled by massive investment, revenue increases, and new product development.

In the first half of 2020 alone, venture investments in plant-based proteins internationally hit $1.1 billion, more than double the $534 million for 2019, according to the FAIRR Initiative, a collaborative investor network. Revenue for the global dairy alternatives market is projected to grow from $21.4 billion in 2020…