The rapid growth of the alternative protein industry has opened new frontiers for input suppliers. Consumer goods and food processor companies are racing to discover and ensure their supply of key resources ranging from bulk and specialty ingredients to new technology and equipment. Whilst demand is high, the future needs of these companies can be hard to predict.
Besides the high demand, the competition is - as it always has been in this field - intense: customers expect to pay the lowest margins possible. In addition, future industry winners not only need to invest in high-scale production to cover buyers’ existing requests, but must also prioritize future exploration in order to predict and meet the rapidly changing needs of end consumers.
There’s an immense potential in alternative proteins for ingredient companies, from tapping into underutilized raw materials that can serve the industry to transforming existing commodity ingredients into value-added solutions. Looking beyond ingredient suppliers, machinery companies also have their part to play in developing infrastructure capable of carrying the alt protein industry into the future. From fractionation and extrusion equipment to bioreactors, the opportunities are countless.
Technology scouting for novel binder and fat ingredients
Client: TOP 10 GLOBAL FMCG
Our client wanted to explore how they could differentiate their plant-based meat products.