Dairy co-op Fonterra is partnering with alternative protein startup, Superbrewed Food, to develop functional biomass protein from Fonterra’s lactose, creating more value from milk.
The alternative protein market is becoming an increasingly popular area for investment, driven by health and sustainability awareness – with statistics from Deloitte showing the market is worth US$14 billion and has a growth rate of 10 per cent. Australia is lagging behind, but it seems that New Zealand-based…
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Source: http://www.foodanddrinkbusiness.com.au/news/fonterra-dives-into-the-alt-protein-sphere