Op Ed: Ali Al Suhail, Associate at DAI Magister, On Alt Protein as a Transformative Force
Disclaimer: The opinions here are those of the author and not necessarily shared by the platform, with respect in particular to the insect proteins. Ali Al Suhail, Associate at investment bank DAI Magister, discusses the alternative protein market, stating the sector is resilient and investor appetite remains healthy as demonstrated by startups securing $3.5 billion in funding in 2022. The alternative protein market has emerged as a transformative force with the potential to substantially reduce emissions. Alternative proteins are projected to surpass $290bn, globally, as the need for a more sustainable food ecosystem increases. According to estimates, transitioning to alternative proteins could contribute between 14% and 20% of the necessary emissions reductions to meet the 1.5°C target set by the Paris Agreement until 2050. Global …