Elfrun von Koeller

Alternative proteins burst onto the scene a decade ago, promising comparable taste to animal proteins and fewer greenhouse gas (GHG) emissions. But alternative proteins have faced challenges in winning over consumers: today, plant-based meat accounts for only 1% of meat dollar sales in US retail, and many alternative protein startups face tight private capital markets. And yet, achieving mass adoption of alternative proteins is critical to reducing the impacts of global food production.

The widespread adoption of alternative proteins could play a critical role in tackling climate change. BCG’s alternative proteins consulting team helps clients seize opportunities in the fast-growing alternative proteins industry—and create a more sustainable future. The alternative protein market—which includes plant-based meat, eggs, dairy, and seafood products—is set to reach $290 billion by 2035.

By Michel Frédeau, Elfrun von Koeller, Paulina Ponce de León Baridó, , and Reading time: 5 min The CDP Supply Chain Report 2022, written in collaboration with BCG, reveals that companies’ supply chains generate 11.4 times more emissions, on average, than their in-house operations. Yet just 36% of companies reported their scope 3, category 1 purchased goods and services emissions, which are relevant for almost every sector.