Top report
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Ingredients for the future: Bringing the biotech revolution to food
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- A report from McKinsey projects that fermented novel proteins could make up 4% of total protein production by 2050, representing a market of $100B–$150B annually (see graph below).
- Achieving cost parity with traditional proteins could require over $250B in investment by 2050, mainly to scale fermentation capacity and improve bioreactor efficiency.
- It highlights that process optimisation and next-generation bioreactor design could significantly boost yields, reduce equipment costs, and cut production costs by up to 50% (see graph below).
McKinsey & Company
Other AgriFoodTech investment insights
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Global Agrifoodtech Investment Reaches $16B in 2024, Breaking Freefall
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- The 2025 report from AgFunder indicates that global agrifoodtech investment reached $16B in 2024, with only a 4% decline from 2023 (see graph below), and the US accounting for nearly half of the global funding with $6.6B.
- In the alternative proteins sector (cultured meat, novel ingredients, and plant-based proteins), startups raised $1.4B in 2024, a 20% year-over-year drop (see graph below).
AgFunderNews
AgFunder Agrifoodtech Investment Report 2025.pdf