By 2030, the plant-based meats industry aspires to capture 6% of the global meat and seafood market. This represents 25 million metric tons (MMT) of annual plant-based meat production. However, in recent years consumer demand for plant-based meat has outpaced the industry’s supply capabilities. Similarly, there appears to be a looming potential for global supply shortages of cornerstone ingredients like coconut oil and pea protein. This overall capacity requirement needs the industry to operate nearly 1000 new manufacturing facilities, underscoring both the importance and the urgency of infrastructure investments for which there appears to be a significant financial upside.
To support the development of new facilities for plant-based meats, experts can help by developing product specifications, scoping potential structuring techniques, defining necessary unit operations, assessing ingredient supply chain capabilities, performing techno-economic analysis, designing greenfield sites and by supporting financing applications.
With over 150 consultants worldwide, Lee Enterprises Consulting has the diverse experts and geographical reach to assist in virtually any bioeconomy project. Our highly qualified teams bring a unique integration of technical, scientific, regulatory, and hands-on experience to any project. Look at our experts and the services we provide. Most of our experts are also available to advise and serve as expert witnesses in bioeconomy litigation matters. For the larger projects, we specialize in putting together full-service, interdisciplinary teams with one point of contact. See the video about LEC here. Call us at 1+ (501) 833-8511 or email us for more information.