According to the report, alt-protein has accelerated faster than any other industry in Israel since 2018, with a 187% CAGR in investments. In 2020, the sector raised $114 million, eight times the investment capital raised in 2018, indicating growing momentum for sustainable alternatives to meat. The report maps out the entire ecosystem, revealing the tight web of support for startups in this space, including incubators, government bodies, academic institutions and traditional food producers, providing a ripe environment for continued innovation and growth.
Source: Israeli alternative-meat ecosystem on fast track for growth – CTech