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Proof points: The European Union earmarked €50 million ($54 million) to advance the development and scaling-up of food from microorganisms. This covers algae and precision fermentation capacity, with the latter aiming “to improve the sustainability, efficiency, and resilience of the European foodsupply chain.”
The Indian food processing market size reached $307.2 billion in 2022 and is projected to reach $470 billion by 2028, showing a CAGR of 9.5% during the period from 2023 to 2028. It is expected that the size of the market will reach nearly US$ 504.92 billion by 2027, with a CAGR of 11.05%.The
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