Explore the 2024 State of the Industry reports
Our State of the Industry reports are an annual deep dive into the global alt protein sector. The latest edition of the series compiles business developments, policy updates, and scientific breakthroughs from 2024 that are advancing the field and shaping a world where alternative proteins are no longer alternative.
2024 Global Snapshot
Short on time but want to learn more about the state of cultivated, fermentation-derived, and plant-based alternative proteins in 2024? Our Global Snapshot Report summarises key developments in the sector across science, policy, and the private sector.
Cultivated meat, seafood, and ingredients
Cultivated meat saw significant advances in 2024, from product innovation and scientific breakthroughs to regulatory progress. However, the sector also faced persistent technical challenges, reduced investment, and new regulatory bans. Despite these obstacles, the sector pushed forward, raising $139 million and expanding innovation efforts worldwide. Read the full report for more!
Fermentation-derived meat, seafood, eggs, dairy, and ingredients
2024 brought scientific, industry, and policy milestones to the fermentation sector—from new research centers and pilot facilities to growing interest in mycoprotein and key regulatory wins. Yet challenges remain, with companies needing more resources and creative funding to scale, diversify products, and improve processes. Dive in for more details!
Plant-based meat, seafood, eggs, dairy, and ingredients
In 2024, global plant-based food retail sales grew 5% to $28.6 billion—slightly down from 2022 but still double its size from seven years ago. The sector saw innovative launches, rising demand for plant-based eggs, and better product turnover. Behind the scenes, progress included expanded capacity and new innovation hubs, though challenges remain around taste, cost, investment, and consumer connection. Discover more in the full report!
Public investment in alternative proteins
Dive into our policy-focused report, which covers public investment data and regulatory updates across key regions globally, showcasing the actions governments have take to position themselves as leaders in the field.