Forward Fooding announces the official 2024 FoodTech 500 ranking

Welcome to this week’s edition of Protein Production Technology International, where we bring you the latest insights shaping the future of alternative proteins.

First up, the annual ranking of the most innovative food-tech startups has been unveiled, highlighting the companies driving forward new solutions in sustainability, nutrition, and production efficiency. Did you make the 2024 FoodTech 500? 

Regulatory milestones continue to be a key focus, with another precision fermentation-derived protein gaining the FDA’s ‘no questions’ letter, reinforcing confidence in its safety for use in food. Meanwhile, a newly launched certification aims to provide much-needed clarity for precision fermentation products – will this help accelerate consumer acceptance?

On the product front, a new snack line featuring a novel microbial protein is making its debut in the USA, offering a glimpse into the future of everyday foods enriched with alternative proteins. In another major step toward commercialization, a key player in the egg protein space has chosen its site for a US manufacturing facility – positioning itself for large-scale production.

However, shifting consumer behavior remains a challenge. A new study suggests that social norm messaging in supermarkets may not be as effective as hoped in driving plant-based food adoption. If these strategies aren’t working, what’s the next move for brands looking to shift the dial?

Looking ahead, an industry report has outlined the key areas where plant-based meat still needs improvement, from texture and taste to nutritional balance. As companies work to refine their formulations, another player in the precision fermentation space has rebranded, unveiling a new identity and leadership team as it looks to expand its technology platform.

Finally, the cultivated meat sector has seen fresh investment, with €1 million raised to establish a first-of-its-kind facility aimed at making this technology more accessible. As momentum builds, will 2025 be the year we see wider consumer availability of these products?

We hope you enjoy this week’s insights and, as always, to stay ahead of the curve in the world of alternative protein production, you can follow us on LinkedIn for daily updates and breaking news. In the meantime, we hope you have another amazing week!

📢 Forward Fooding announces the official 2024 FoodTech 500 ranking

🚀 Fazer introduces Taste the Future snacks featuring Solein protein in the USA

🏭🥚 Onego Bio selects Jefferson County for flagship US egg protein manufacturing facility