Report: Food Companies Struggle to Meet Plant-Based Protein Demand
A new analysis by the investor network FAIRR reveals that many companies are not effectively meeting the demand for plant-based proteins.
The report, titled Feeding Change: Building a Resilient Food System Through Protein Diversification, analyzed the approach of 20 global food companies to protein diversification.
Many companies are not effectively meeting the demand for plant-based proteins, limiting the category’s growth and weakening the resilience of food supply chains.
- Only 30% of the companies have nutrition expertise at the board level.
- At least 70% of the companies identify health and wellness as one of the most material issues facing their businesses.
- 25% of the companies have no dedicated health strategy at all.
Author's summary: Food companies fail to meet plant-based protein demand.
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