Record $5 Billion Invested in Alt Proteins in 2021
Investor appetite for alternative proteins continues to grow amid a period marked by health and environmental crises, signaling sustained interest in planet-friendly alternatives
New data released by The Good Food Institute (GFI) reveals that globally, 2021 was a record period of investment in companies creating sustainable alternatives to conventional animal-based foods, including global plant-based meat, seafood, egg, and dairy companies; cultivated meat and seafood companies; and fermentation companies devoted to alternative proteins. Alternative protein companies have raised almost $11.1 billion in invested capital since 2010, 73% or $8 billion of which was raised since 2020 when the coronavirus first disrupted global markets.
As global efforts ramp up to mitigate the climate crisis, address land and water issues, and prevent the next pandemic, the sustained interest in alternative proteins signals a growing appetite for planet-friendly investments with returns beyond the bottom line.