There are six subsectors to the alternative protein industry.
Plant based meats, precision fermentation and cellular meat
are the main ones. Plant based “mock meat” has been
around in Asia for centuries. There are relatively less
technological barriers to get products out but companies
will still have to overcome taste, nutrition, cost and
regulatory barriers before products reach mass markets.
Precision fermentation should come next. Cellular meat is
farther down the path. For precision fermentation, the
technology has to be adopted from the pharmaceutical
industry. But costs have to come down drastically. With the
public issue of Impossible Foods, many investors started
getting interested in the sector. What followed was a hype
cycle with companies being able to raise large amounts of
capital at high valuations. Things have settled down since
then. Investors must understand that the alternative protein
products will need a few decades to reach a mass market.
As the new food-tech industry grows, people working in the
current food industry will see losses of jobs and livelihoods.
But like with any new technology, new types of jobs will be
created and there will be opportunities for small niches
growing food using regenerative methods. And it would offer the consumer more choices.
Sections
Section 1: First 4 minutes about Hon Mun Yip and how he got involved in investing in food-tech.
Section 2: Next 18 minutes about Hon Mun Yip’s investors in each sub sector of the industry and which sub-sectors. .
Section 3: Last 18 minutes reflections on the current slowdown in investing and peering into the future
Host: Sanjoy Sanyal, Founder Regain Paradise
New Ventures Website www.regainparadise.org
Guest : Hon Mun Yip
Investor, Food Tech and Alternative Protein
https://sg.linkedin.com/in/yiphonmun/
Information
- Show
- FrequencyUpdated Biweekly
- PublishedNovember 8, 2023 at 11:41 AM UTC
- Length41 min
- Season1
- Episode61
- RatingClean