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#Alternative proteins

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What’s next for Australia’s plant-based meat market? Four predictions from Food Frontier’s State of the Industry report

Where once investment in plant-based meat innovation seemed unstoppable, it seemed the glaze had started to wear off. However, the Food Frontier 2023 State of the Industry report into the Australian industry paints a picture of evolution, growth and — ultimately — a strong future.
The Australian sector is maturing, beyond the buzzwords and bold promises, settling into the rhythm of a functioning industry. But change is afoot.

Insights Agrifood
29 May 2024

A sweet future for Australia’s biggest plant protein crop

With a showstopping flowerhead worthy of a wedding bouquet, sweet lupin cuts a fine figure across Western Australia’s wheatbelt. Despite its enviable protein content, lupin is still mostly consigned to stockfeed. Now, with the help of both CSIRO and Curtin University, WA-based regen food and ag company, Wide Open Agriculture, is on a mission to unlock the food potential of Australia’s biggest plant protein crop.

Animal-free fermented fats and oils give alternative proteins a kick of flavour

Canberra-based food tech company, Nourish Ingredients is pushing the needle on how alternative proteins are made, using synthetic biology to create tailored, animal-free fats and oils. With seed funding from industry heavyweights, Main Sequence Ventures and Horizon Ventures, Nourish believe their specialty fats will have a massive impact on taste in the next generation of alternative proteins.

1 Mar 2022

Increased demand for protein good news for Australian producers

New research shows there’s an estimated additional opportunity for the Australian protein market valued at $19.9 billion by 2030. With $3.1 billion of this opportunity for alternative protein categories. Here John Harvey, Managing Director, AgriFutures Australia explores why there is more than enough room for both animal-based and alternative proteins on Australian consumers’ plates.

16 Mar 2020
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