Tuesday, April 23, 2024

ADM releases 2022 ‘Alternative Protein Outlook’

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CHICAGO — ADM (Archer Daniels Midland) has released its “Alternative Protein Outlook” for 2022.

The protein outlook is a deeper dive into one of the seven top consumer trends identified by the company for the year. The findings, based on research from the company’s proprietary Outside Voice consumer insights platform, reveal what’s next for protein alternatives, which are expected to climb to $125 billion by 2030.

“In the last 12 months, the number of plant-based meat, cheese and dairy products available to consumers has more than doubled,” said Leticia Goncalves, president of Global Foods for ADM, who oversees. . .

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