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- Lidl GB triples its plant-based product offerings with a target of 25% plant protein sales by 2030
Lidl GB triples its plant-based product offerings with a target of 25% plant protein sales by 2030
Plus, Royal Cosun invests in fermentation pioneer Planetary, Moolec Science gains USDA approval for first genetically modified pea, and more!
Some of you will no doubt be on your way to Amsterdam for The Future of Protein Production 2024, so we look forward to meeting you there. Despite traveling, we still had enough time this week to bring you some major developments, with regulatory and investment breakthroughs in particular making the headlines.
However, the big story this week was also a late entry! A major UK retailer is significantly expanding its plant-based product range, with a goal for 25% of protein sales to come from plant-based sources by 2030.
There has been lots of investment news in the past seven days, too. A recent injection of CHF 3 million for one Swiss company aims to scale fermentation technology, converting low-value feedstocks into high-value ingredients like mycoprotein. Another Swiss company has scooped $2.6 million in funding to advance its production of premium cultivated meat and fish.
Meanwhile, researchers are boosting plant-based cheese development by utilizing Canadian crops such as fava beans, peas, and lentils to enhance taste, texture, and nutritional value. These crops, rich in protein, offer sustainable and scalable alternatives to dairy-based ingredients, addressing the growing demand for plant-based options. Could these advancements pave the way for a more authentic plant-based cheese experience?
Another company, a friend of the platform, has gained USDA approval for its genetically modified pea, designed to express bovine protein. This innovation marks a breakthrough in molecular farming, allowing plant-based foods to deliver animal proteins. On a similar theme, a California-based company has received regulatory approval in Singapore for its mycoprotein. How will these developments impact the future of hybrid plant-animal protein solutions?
On the topic of of mycoproteins, a recent study has highlighted the benefits of these fungi-based proteins in improving dog health, aligning with the growing demand for sustainable, nutritious pet food options. How will this innovation impact the future of eco-friendly pet nutrition?
As we’re in Amsterdam for the rest of the week, expect some conference-related news stories next week - and even some video! More than 500 people have now signed up to attend, so we’re in for a great event. If you won’t be with us, make a note in your diaries today for next year’s event on 29/30 October 2025.
And don’t forget you can follow us on LinkedIn for daily updates and breaking news. In the meantime, we hope you have another fantastic week!
