Dao Foods: July 2022: The Latest in Chinese Alt Protein Innovation and Development
A Look Back at Dao Foods' Demo Day, Inside Starfield's "Retail First" Approach, and More.
Just a quick reminder that Dao Foods’ Sixth China Next-Gen Good Food Bootcamp will be held on July 8 with a focus on China's Big Bay Area and how alternative protein products can be integrated into the cuisine culture of this region. Learn more here.
Looking back at Dao Foods’ Demo Day on May 27th, co-founder Albert Tseng outlined the company’s philosophy and roadmap for bringing alternative protein ventures to mainland China through incubator-based innovation.
Home to almost 1.5 billion people, China is the world’s most populous nation, and largest consumer of food products. While China currently consumes twice the amount of food as the country in second place, it is projected to triple the U.S. total by 2030. While each Chinese citizen only eats an average of half of the meat products that an average American eats per year, the vast population difference puts China at the center of this global problem.
Tackling this problem will take years of dedication and planning, as Chinese companies seek to grow grassroots interest in plant-based proteins and other alternative food sources that have a lower impact on the environment.
Luckily, the global market for innovative food offers a roadmap for developing a similar nascent market in China. Every six months, Dao Foods picks a new round of entrepreneurs and small businesses that have the potential to make an impact on alternative protein in China. By supporting these companies and lending them visibility, we can promote quick growth in the sector and increase grassroots interest in environmentally friendly products.
Learn more about the companies that presented at Demo Day here.
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Liven Proteins
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Lohas Foods
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Mr. Raw
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Starfield Food Science & Technology
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Starfield and KFC Breakfast jointly launched a series of plant-based meat crisp rice balls
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WOW Kids
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Techcrunch: Chinese Startups Rush to Bring Alternative Protein to People's Plates
Just Food: Xi’s remarks are encouraging but alternative protein a long game in China
Good Food Institute: Look closer: China is quietly making moves on cultivated meat
VegNews: China's 5-Year Plan Includes Plant-Base Eggs, Cultivated Meat. Why That's a Big Deal.
Green Queen: IPCC Report Leaves No Doubt As To Importance Of Alt Protein In The Fight Against Climate Change
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