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Key takeaways

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Contents

Contents

• Consumers are looking for narratives that relate to sustainable production and health benefits

• The growing range of non-meat-based protein sources can help manufacturers to develop attractive, appealing product narratives

• Taste, however, remains the most important factor behind consumer choices

• Innovative protein product launches focusing on things like digestion and cognitive enhancement are helping to widen the consumer base

• On top of this, the market for plant-based meat alternatives has grown by 37% over the last two years

• Manufacturers should remember that there are non-plant-based protein alternatives, including mushrooms – which are technically fungi rather than plants – as well algae, bacteria and insects

• Lab-grown fish meat could provide a sustainable, environmentally friendly and efficient alternative to traditional production methods

• Insect-sourced protein is beginning to overcome cultural barriers, and taps consumer interest in adventure and radically new food production methods

• Blended protein products are becoming increasingly more popular and are likely to fulfil the demand from a broader range of consumers

The information provided here was compiled with due care and up to date to the best of our knowledge on publication.

Sources

1 Fi North America and SupplySide West 2019, Food ingredients Theater, presentation by Lynn Dornblaser,

Mintel – What's happening in protein - A look at product development and trends: https://bit.ly/2V9iKAU

2 FMCG Gurus Active Nutrition survey – 26,000 consumers surveyed globally – 11,000 Europe, 7,000 Asia

Pacific and 1,000 in the USA, 2019

3 FMCG Gurus Sustainability survey – 26,000 consumers surveyed globally – 11,000 Europe, 7,000 Asia-Pacific

and 1,000 in the USA, 2019

4 Meat substitutes market report, Future Marketing Insights: www.futuremarketinsights.com/reports/meat

substitutes-market

5 Carving up the alternative meat market, Barclays Research: www.investmentbank.barclays.com/our

insights/carving-up-the-alternative-meat-market.html

6 Plant-based Snacks Market. 2019 Analysis and Review Plant-based Snacks Market by Nature - Organic

and Conventional for 2019 – 2028, Future Marketing Insights: www.futuremarketinsights.com/reports/plant

based-snacks-market

7 Plant-Based Market Overview, The Good Food Institute: www.gfi.org/marketresearch

8 Mintel GNPD: www.gnpd.com/sinatra/recordpage/7218635/from_search/RxHT3QuIxf/?page=1

9 Mintel GNPD www.gnpd.com/sinatra/recordpage/6649437/from_search/kmDKM2p4yI/?page=1

10 Egg Replacement Ingredient Market, Future Market Insights: www.futuremarketinsights.com/reports/egg

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11 Plant-based Market Insights Report 2019, ProVeg International: https://ubmemeaensoprod.

s3.amazonaws.com/FI_fieurope/plant-based_market_insights_by_proveg_international.pdf

12 Mintel GNPD: www.gnpd.com/sinatra/recordpage/2588761/from_search/D9pvAg6yu1/?page=1

13 Mintel GNPD, www.gnpd.com/sinatra/recordpage/6858811/from_search/49PTSdtPtT/?page=2

14 Interview with Patrick Crowley, Chapul Farms – Beyond plants: Diversifying the alternative proteins

market: https://bit.ly/3af7Ui7

15 Fi North America and SupplySide West 2019, Food ingredients Theater, presentation by Mike Selden,

Finless Foods – The cell-based seafood revolution: https://bit.ly/2QGHNJ3

16 Fi North America and SupplySide West 2019, Food ingredients Theater, presentation by Patrick Crowley,

Chapul Farms - Non-plant-based protein alternatives: insects, bacteria, fungus, and algae.

17 Interview with Suzy Badaracco, Culinary Tides, Inc – Using military intelligence techniques to predict

protein trends, https://bit.ly/SuzyBadaracco

18 Mintel GNPD, www.gnpd.com/sinatra/recordpage/7217437/from_search/8y2bnp1dG4/?page=1

19 Mintel GNPD, www.gnpd.com/sinatra/recordpage/7077849/from_search/E6M4bGDnJo/?page=1

20 Mintel GNPD, www.gnpd.com/sinatra/recordpage/6911269/

21 Mintel GNPD, www.gnpd.com/sinatra/recordpage/6360065/?utm_source=fed_search

22 GlobeNewswire, Market Research Future: https://www.globenewswire.com/news

release/2019/07/31/1894454/0/en/Protein-Bars-Market-Size-to-Reach-USD-1-820-6-Million-by-2024-at-7-24-

CAGR-Predicts-Market-Research-Future.html

23 Mintel GNPD: www.gnpd.com/sinatra/recordpage/7239829/from_search/R4ji5f2uOX/?page=1

24 Mintel GNPD, www.gnpd.com/sinatra/recordpage/7034675/from_search/49PTSdtPtT/?page=1

25 Article by Elaine Watson, Food Navigator - USA - Tyson unveils blended burgers, pea protein-based

nuggets: “Alternative protein could someday be a billion-dollar business for our company” https://

www.foodnavigator-usa.com/Article/2019/06/13/Tyson-unveils-blended-burgers-plant-based-nuggets

Alternative-protein-could-someday-be-a-billion-dollar-business-for-our-company

26 Mintel GNPD, www.gnpd.com/sinatra/recordpage/6980015/from_search/QdfkDEm4tt/?page=1

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