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Jul 11, 2022
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'Consumer spending on food in Asia is set to double to $8 trillion by 2030. More than half of this increase will be driven by changing consumer preferences and the demand for more sustainable forms of consumption. Consumers today are growing increasingly aware of the impact that livestock production has on the environment and are actively seeking alternative sources of food. One industry that is trying to plug this gap is \'Food Tech\'. Checkout this video to learn more about how companies are pioneering innovative food solutions that are produced without conventional animal agriculture, yet provide the same great taste and experience! ****** Some other things to know: • There are 3 ways through which Food Tech companies are innovating- 1. Plant Based Alternatives 2. Cultured Meat 3. Fermentation • Consumers want alternative food sources due to environmental & health concerns. • $750 Billion in incremental investments needed to support the industry. • Singapore became the 1st country to approve the sale of cultured meat. • Some prominent Indian companies include Good Dot, Goodmylk, Blue Tribe and Evo Foods. Do you want to learn more about the Food Tech industry? Leave your comments below! ****** Like the background music? I use Epidemic Sound: https://www.epidemicsound.com/ For my creative animations, I use Motion Array: http://motionarray.com/ ****** Editing Support: NatuVR Studios https://natuvr.com/'See also:
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