GFI reports show 2021 most active year yet for alt-protein industry

The latest state-of-the-Industry reports from The Good Food Institute on plant-based, cultivated, fermentation and alternative seafood show that 2021 was the most active year yet for the alt-protein industry.

You can learn more from GFI’s Priera Panescu, PhD, who will be speaking at our Plant-Based Foods & Proteins Summit Americas in Chicago May 10-12. Panescu will be doing a deep dive into the production requirements needed to meet this growing demand for alternative proteins.

Download the reports here.

Information on Summit Americas.

Summit program here.

Direct link to register here.









Plant-Based Facts:

$1.93B raised by plant-based meat, seafood, egg, and dairy companies in 2021, 30% of all-time investment. 

$7.4B value of the U.S. plant-based retail market in 2021.

780+ companies worldwide with primary focus on plant-based meat, seafood, egg, or dairy.

Fermentation Facts:

88 fermentation companies are focused exclusively or predominantly on alternative proteins.

$1.69B was raised by dedicated alternative protein fermentation companies in 2021, up 285% from 2020, representing 60% of all-time investment.

25 countries have at least one company focused primarily on fermentation for alternative protein applications. 

Cultivated Facts:

$1.38B raised by cultivated meat companies in 2021—71 percent of the all-time investment total.

107 total cultivated meat and seafood industry startups announced by end of 2021, up 32% from 2020. 

25 countries have at least one cultivated meat company.

Alternative seafood:

$175M was raised globally by alternative seafood companies in 2021, a 92% increase from 2020.

$13.9M was the value of the U.S. plant-based seafood retail market in 2021, a 14% increase from 2020. 

120 companies around the world produce alternative seafood.