Israel’s Alt Protein Industry Poised to Generate 10,000 Jobs and $2.5 Billion by 2030, New Report Predicts
A report has been published by the Israel Innovation Authority (IIA), the World Economic Forum (WEF) through the Fourth Industrial Revolution (C4IR) network led by C4IR Israel, and the Good Food Institute Israel. The paper examines the role of government support for alternative proteins and presents the Israeli ecosystem as an innovative blueprint for other nations to adopt. The report’s promising projections suggest that by 2030, with a well-coordinated national support strategy, Israel could support over 200 alternative protein companies and establish a dozen manufacturing facilities. This growth could create 10,000 jobs — one-third of which would be in manufacturing — and contribute an estimated $2.5 billion to the economy through exports, wages, and taxes. In addition, the report’s figures show that Israel ranks second …