The Future of Proteins in Asia: Insights and implications for the next decade
Global food demand is set to double by 2050. Much of this growth will be driven by consumers in Asia, where 550 million new people will move to cities over the coming decade, and from where 88 percent of the new global “consuming” class of consumers will emerge. This growth will fuel demand for an increasing a diverse variety of proteins, which are a critical source of nutrition found in a wide spectrum of food.
The proteins landscape in Asia is expected to evolve rapidly over the coming decade, not just with consumers demanding more and new proteins, but with a range of other trends affecting protein supply. These include a shift to plant-based diets, government policies particularly related to food security and safety, resource constraints in production, technological breakthroughs in aquaculture and non-traditional proteins, and growing consumer acceptance of non-traditional proteins.
To help policymakers and industry leaders navigate these trends and capitalise on emerging opportunities, Food Industry Asia (FIA) and AlphaBeta today released the “The Future of Proteins in Asia” report. The report takes into account key trends in protein consumption over the past two decades in the “Asia-5” (China, Indonesia, the Philippines, Thailand and Vietnam), emerging trends influencing protein demand, and forecasts scenarios for growth through 2030.
Please also click here to access the webinar at which the report was launched on July 16, 2021, with an accompanying panel discussion moderated by AlphaBeta with industry leaders from Cargill, Royal DSM, and Fonterra.