Mass adoption of alternative proteins is critical in tackling climate change. Animal agriculture accounts for roughly 15% to 20% of greenhouse gas emissions—more than cars, motorcycles, and other passenger light vehicles. If alternative proteins could capture half of the global protein market, including dairy, this switch would mitigate 5 gigatons of CO2 equivalents annually. For the alternative protein industry to scale, it should take inspiration from the electric vehicle industry, in which companies offered a better product for the consumer, governments provided generous support, and investors funded across the value chain.
Source: Synthesis Capital | New Report: What the Alternative Protein Industry…