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Governments around the world remain invested in alternative proteins

GFI

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 food supply chain.”

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Empowering India’s Booming F&B Industry with WIKA’s Pioneering Precision

FMT Magazine

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