The study 'Engineering Biology: The time is now' shows that sustainability is a key driver of corporate interest in biotechnology. More than 70% of companies expect to achieve their sustainability goals significantly faster with the help of biosolutions. Other motives include cost reduction, product optimisation and increased safety of products and production processes. The study also highlights the challenges that need to be overcome to realise this potential, ranging from market perception and acceptance to high costs and a lack of qualified specialists.
Investments in the market for alternative proteins on the rise
In light of a growing population and dwindling resources due to climate change, alternative protein sources for the production of new foods are becoming increasingly important. Their range is broad: legumes, algae, fungi and insects as well as proteins obtained through cell-based or fermentative processes are suitable as raw material sources for a healthy, environmentally conscious and sustainable diet. The development of innovative foods based on alternative proteins has also become attractive to investors.