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Even more encouraging, the Good Food Institute, a global nonprofit that
promotes plant-based and cultivated foods as alternatives to to meat, dairy, and
eggs, have a dedicated India team working to advance the country’s alternative
ecosystem and support local innovators in the space.
The survey involved over 3,000 participants and was conducted by researchers
from the Centre of Long Term Priorities in Hong Kong, Washington DC’s The
Good Food Institute and the University of Bath in the United Kingdom.
Participants rated their attitudes towards conventional meat, plant-based
alternative options and clean meat.
In countries with extremely large populations like India and China, plant & cell
meat alternatives are viewed as a way to mitigate a dependence on
environmentally destructive animal agriculture. Traditional animal livestock
farming is associated with a range of environmental issues such as
producing greenhouse gases that contribute to climate change, water
depletion and deforestation. Opting for plant-based alternatives and “clean”
lab-grown meat are growing in popularity as consumers become more
conscious of the sustainability and health associated issues with conventional
animal rearing.
Lead researcher of the study, Chris Byrant, said: “consumers want plant-based
and clean meat. The opportunities for innovators to change the meat industry in
these countries are there.”
Given that the market demand for clean meat is growing in China and India,
established Silicon Valley food-tech companies are well placed to target
demographics in the Asian Pacific region. Motif Ingredients, a cellular-
agriculture start-up, has recently raised $90 million USD in funding to
develop laboratory-grown meat. Ginkgo Bioworks is another major player in
the cultured meat industry, with funding from big names like Bill Gates and
Richard Branson.
Asian start-ups are also well-positioned to capitalise on the trend and a fair few
are working on lab-grown “clean meat”. Singaporean biotechnology start-
up Shiok Meats has developed cell-based lab-grown seafood, a sustainable
alternative to traditional seafood farming. The young company, which has
recently been accepted into the prestigious US-based accelerator Y
Combinator, is planning on making their cultured shrimp commercially
available in supermarkets later by 2020 at the earliest. Hong Kong-
based Avant Meats is also working on cell-based fish and seafood.
Bottom line: the demand for sustainable “clean meat” and plant-based
alternatives is robust in Asia and will be a major area of growth for both
established and emerging biotechnology food companies across the region and
beyond.
Billion Dollar Opportunity: Smart
Protein Summit Highlights India’s
Growing Alt Protein Industry
The Good Food Institute India (GFI India), a nonprofit
organisation supporting India’s burgeoning alternative protein
ecosystem, recently hosted its Smart Protein Summit to great
fanfare. Several key announcements were made during the
course of the packed four-day virtual summit, including a
dedicated investment and advisory platform for Asian food
techs, the launch of an India-focused alternative protein
accelerator, and more details on Bollywood celebrities Riteish
and Genelia Deshmukh’s new vegan meat brand among other
news, as well as an inspired keynote by former PepsiCo CEO
Indra Nooyi.
Held virtually this year between October 6 to 10, the Summit is the largest
alternative protein industry event in the country that brought together thought
leaders, investors and even Bollywood celebrities to advance the development
of plant-based, fermentation-derived and cultivated proteins that will help build
a healthier and more sustainable food system in India and beyond. In total,
over 40 speakers were featured at the event with over 2,000 attendees who
represented stakeholders across the value chain, from food processing to
retail and scientific research, hoping to progress an industry that will be
worth over US$1 billion within the decade, according to GFI India.
“We like our tikka, we like our kheema, that’s the kind of food that we enjoy.
[Our] vision for Imagine Meats is to get the right kind of taste for people because
the one thing that you cannot compromise on your product is taste,” said Riteish
Deshmukh. “In terms of the product line, we’re trying to make a mix of
ready-to-eat meals. We want to be region specific, because the kind of
Imagine Meats products available in Maharashtra would be probably
different from Delhi, in North India to Bengal or South India.”
Genelia Deshmukh added that the brand is targeting the “guilty non-vegetarian
eaters” in India and providing them with convenient options that they can “take
it home, eat it without any guilt.”
Another exciting launch that attendees of the Smart Protein Summit were the
first to hear about is Blue Tribe Foods, who presented on Day 3 of the event
during the Innovator Showcase. The startup’s CMO Sohil Wazir spoke about the
new plant-based meat venture founded by Sandeep Singh, the managing
director of Indian pharmaceutical firm Alkem Labs and his patner Niki Singh.
“When companies are scaling up they don’t know the market size and don’t
know if they require a smaller quantity to test production, they are unaware of
the regulatory and marketing challenges,” explained Dheeraj Talreja, President
of India-AAK. “We think collaboration is the way forward to address and remove
some of these bottlenecks. We’re looking forward to working together and
bringing people on a common platform.”
“My hope is that we make the food supply a lot more healthy and therefore our
citizens healthy and then we address this whole inequality in food distribution so
that there are no food deserts and food surplus where so much food is wasted
that’s my dream. Whether that’s going to happen or not, it’s up to the
private sector and governments citizens, and nonprofit
organisations. Everybody sitting together and figuring out how to make this
reality,” Nooyi added.
“I’m proud to say that I’m announcing a vertical within MAGNETIC focused on
consumer-facing products, understanding their issues, and obviously motivated
by my personal interest in this space and the global trend and the network that I
have across the PE firms, venture capital firms, and corporates and finding a way
to act as an advisor and capital provider to them,” Chitrabhanu told the
audience.
“The goal here is to create a huge impact by backing innovative, most ambitious,
and most mission-aligned people and giving them the tools to lead in this
space.”
We are looking for great founders, great entrepreneurs, and [want to] find out
how they can create an India-based Beyond or Impossible,” said Andrew D. Ive,
founder and managing general partner at BIV. “We will put in money,
mentorship, and access across stakeholders in the value chain.”
“[We are] looking for companies working on alternative meat dairy, and on the
supply side – so not just B2C but also B2B – be it supplying other brands or
exporting material for global brands,” added Chirag Jain, CEO of Ashika Group.
“We leapfrogged over laptops in India, now we have more people with mobiles
than laptops. India is a protein-deficient country – we can leapfrog over animal-
based meat directly to plant-based meat.”
But now, food techs and scientists are developing ways to improve the sensory
qualities of microalgae, and big players in the food industry want in on this
sustainable protein-rich ingredient. According to recent research, microalgae
presents a huge opportunity with a protein yield of anywhere between 4 to 15
tons per hectare annually, far higher than the 0.6 to 1.2 tons per hectare
each year for wheat, pulses, legumes and soybeans. It also requires far fewer
resources compared to other land-based crops, as it can be cultivated
in absence of freshwater or pesticides, which also makes it a resilient crop
against the future weather changes imposed by the climate crisis.
“Our Chlorella Colours platform provides plant-based ingredients that are sustainable,
natural, non-GMO and protein-rich with neutral flavours,” explains Andrew Spicer, CEO
and founder of Algenuity. “They are also vegan-friendly, making them extremely
relevant to today’s growing consumer appetite for more plant-based foods with
additional functional benefits.”
With its emulsifying properties, Unilever has plans to incorporate the sustainable
superfood ingredient into its products as a replacement for eggs, making it particularly
suitable for the conglomerate’s growing line of plant-based offerings, such as
Hellmann’s vegan version of condiments like mayonnaise or plant-based meats under
its Vegetarian Butcher brand.
What is particularly interesting about this project is the sustainability aspect. We
brew the algae on side streams from the beer industry, we use new low-energy
process methods and not forgetting the grateful algae that grows really
efficiently,” Christian Kjølby, CTO at NatuRem Bioscience, told FoodNavigator in a
recent interview.
The backing of the ministry comes after Denmark set up a new National
Bioeconomy Panel dedicated to identifying novel protein sources that are
sustainable, climate-friendly and healthy. Researchers working on the
“Microalgae for food” project hope to be able to develop a new microalgae
ingredient that is protein-rich, helps to slash food waste from brewer’s spent
grains, and can be supplied to large food manufacturers in the near future.
“The algae is a whole new potential food ingredient, which makes it super
interesting to work with, and our expectation is that we finally have a finished
protein source in powder form that can be used directly in the industry,” said
Kjølby.
DID YOU KNOW: 40% of plastic produced is packaging, used just once and
then discarded.
DID YOU KNOW: Half the world’s plastic is made in Asia, and China
accounts for 29% of that.
DID YOU KNOW: About 8% of the world’s oil production is used to make
plastic.
DID YOU KNOW: Of the plastic waste produced between 1950 and
2015, only 9% was recycled.
he startup is still hopeful that change will happen, driven by consumer demand
for more sustainable alternatives. “Especially with millennials, they follow brands
who are leaning on sustainability, from manufacturing to sourcing to the
finished goods,” Ng told Green Queen.
“We’ll keep working on and researching new applications with a lot of focus on
the after-life of the product. Our dream is to develop products that from design,
already have been engineered for easy waste management and minimal impact
on nature.”
“That’s an innovation challenge, and it’s one we think the Loop model has
potential to help us solve…We’re excited to assess how new reusable packaging
models could work within our system as we accelerate circular packaging
solutions with our partners around the globe.”
Amid the heightened hygiene challenges due to the ongoing coronavirus crisis,
Loop has taken steps to ensure that each reusable item is properly cleaned. The
system, developed in partnership with hygiene solutions company EcoLab,
guarantees that each cup is as safe to use as its single-use counterpart.
While the pandemic has seen the rise of unfounded claims over coronavirus
contamination related to reusables, many of which have been promoted by
right-wing think tanks and lobbying groups who have exploited the crisis to push
against bans on single-use plastics, recent scientific evidence has confirmed that
reusables do not raise the risk of coronavirus transmission as long as basic
hygiene is employed.
While the research revealed that across the world, there is strong willingness to
make healthy and sustainable changes, the trend is particularly clear in Asia.
Insights collected from 9,000 people across Hong Kong, China, India, Indonesia,
Japan, Singapore, South Korea, Thailand and Vietnam showed that 81% of Asian
consumers are now actively trying to improve their health and well-being,
while 75% reported motivations to significantly lessen their environmental
footprint.
Topping the list of global issues that citizens in Asia perceive as the most serious
is the current Covid-19 crisis (94%), followed closely by climate change (91%)
and air pollution (90%) – a strong indication of the widespread concerns
consumers have about health in terms of their personal well-being as well as the
planet.
“We can see that 2020 has firmly put health and sustainability on the agenda,”
explained Wander Meijer, director at GlobeScan Asia. “With that, Asian
companies have an opportunity to educate, innovate, take leadership, and shape
consumer behaviour.”
While the interest and willingness to adopt healthier and more eco-friendly
behaviours is high, there remains a “gap between aspiration and action”, the
research revealed. One of the key barriers to implementing action is the
perceived difficulty of the behaviour, as people reported greater likelihood of
altering their lifestyles if they believe it is an easy change. In Asia, the actions
that people are most interested in taking include energy saving at home, looking
after their financial well-being and prioritising mental health.
“We will use these insights to accelerate our work and make the healthy and
sustainable choice more accessible and attractive. It should simply be the
default option,” said Lena Pripp-Kovac, the chief sustainability officer at Inter
IKEA Group. “Our ambition is to inspire and enable healthy and sustainable living
and to make it affordable for the many people with thin wallets. Sustainable
living should not be a luxury for the few.”
When asked what companies could do to help them live healthily and
sustainably, people most desire more affordable products and
services. Reinforcing the importance of price, taking care of personal
financial health is the top action people would like to do more of in
the coming year. With changes to income and financial stability in the
wake of the pandemic, it is likely that the priority placed on
affordability has intensified.
Findings from the study also show that people are put off by actions
they believe are difficult. When trying to be healthier and more
sustainable, they are most likely to alter aspects of their life if they
perceive it to be relatively easy to do so. Typically, these behaviors
link to improving personal wellbeing, ethical purchasing, and actions
within the household (such as saving water at home, eating healthy
food, choosing products with less packaging, and buying from
responsible brands). When encouraging behavior change, evidence
from this study identifies the importance of removing barriers and
providing clear information.
People are willing to do their bit to improve their own lives, the lives
of others, and the environment, but there is currently a gap between
aspiration and actual behavior. Lack of follow-through suggests there
is an opportunity for guidance and solutions from key players across
the world to enable healthier and more sustainable living.
Operations
Starbucks operates in more than 80 markets, either in the form of direct
company-owned stores or licensed stores. (Starbucks does not follow the
traditional franchising terms.) The company has more than 32,000 stores
globally. It is also the owner of several brands, including Teavana, Seattle’s
Best Coffee, and Evolution Fresh.
According to its financial reports, the company generated 81% of its total net
revenue during the first half of its 2020 fiscal year from its company-operated
stores while the licensed stores accounted for 11%.
Outbound Logistics
There is very little or no presence of intermediaries in product selling
for Starbucks. The majority of the products are sold in stores. However,
storage and distribution to retail locations are important.
Service
Starbucks aims at building customer loyalty through its in-store customer
service. A signature retail objective of Starbucks has always been to provide
customers with a unique Starbucks Experience.
Service training is a key component of the value chain that helps to make its
offerings unique. A substantial amount of value is created when baristas make
drinks for customers.
Infrastructure
This includes departments like management, finance, legal, etc., which are
required to keep the company’s stores operational. Starbucks employs
business managers in its corporate offices. It also has store managers on-site
that help to oversee well-designed and pleasing stores complemented with
good customer service provided by the dedicated team of employees in green
aprons.
Starbucks also uses Apple’s iBeacon system, wherein customers can order a
drink through the Starbucks phone app and get a notification of its readiness
when they walk in the store.
Procurement
Procurement is integrated across various aspects of the supply chain. Porter
discusses procurement as a support activity. Many companies will establish
broad terms, requirements, and standards for all of their procurement
dealings. However, procurement relationships typically vary widely. Starbucks
handles all of the procurement for its own coffee beans, which it sees as one
of its competitive advantages.
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The Starbucks Value Chain Model (SBUX)
The Bottom Line
The concept of value chain analysis helps business managers to better
identify useful and wasteful activities. By looking beyond standard means of
efficiency analysis while also seeking to integrate and capture value chain
analysis in business metrics, stakeholders can make important insights related
to operational processes.
A new report from FAO says livestock production contributes to the world's most
pressing environmental problems, including global warming, land degradation, air
and water pollution, and loss of biodiversity. Using a methodology that considers
the entire commodity chain, it estimates that livestock are responsible for 18
percent of greenhouse gas emissions, a bigger share than that of transport.
However, the report says, the livestock sector's potential contribution to solving
environmental problems is equally large, and major improvements could be
achieved at reasonable cost.
At the same time, the livestock sector has assumed an often unrecognized role in
global warming. Using a methodology that considered the entire commodity
chain (see box below), FAO estimated that livestock are responsible for 18 percent
of greenhouse gas emissions, a bigger share than that of transport. It accounts for
nine percent of anthropogenic carbon dioxide emissions, most of it due to
expansion of pastures and arable land for feed crops. It generates even bigger
shares of emissions of other gases with greater potential to warm the atmosphere:
as much as 37 percent of anthropogenic methane, mostly from enteric fermentation
by ruminants, and 65 percent of anthropogenic nitrous oxide, mostly from manure.
Livestock production also impacts heavily the world's water supply, accounting for
more than 8 percent of global human water use, mainly for the irrigation of feed
crops. Evidence suggests it is the largest sectoral source of water pollutants,
principally animal wastes, antibiotics, hormones, chemicals from tanneries,
fertilizers and pesticides used for feed crops, and sediments from eroded pastures.
While global figures are unavailable, it is estimated that in the USA livestock and
feed crop agriculture are responsible for 37 percent of pesticide use, 50 percent of
antibiotic use, and a third of the nitrogen and phosphorus loads in freshwater
resources. The sector also generates almost two-thirds of anthropogenic ammonia,
which contributes significantly to acid rain and acidification of ecosystems.
The sheer quantity of animals being raised for human consumption also poses a
threat of the Earth's biodiversity. Livestock account for about 20 percent of the
total terrestrial animal biomass, and the land area they now occupy was once
habitat for wildlife. In 306 of the 825 terrestrial eco-regions identified by the
Worldwide Fund for Nature, livestock are identified as "a current threat", while 23
of Conservation International's 35 "global hotspots for biodiversity" - characterized
by serious levels of habitat loss - are affected by livestock production.
Greater efficiency in use of resources will be "the key to retracting livestock's long
shadow". Although a host of effective technical options - for resource
management, crop and livestock production, and post harvest reduction of losses -
are available (see box below), current prices of land, water and feed resources used
for livestock production do not reflect true scarcities, creating distortions that
provide no incentive for efficient resource use. "This leads to the overuse of the
resources and to major inefficiencies in the production process," FAO says.
"Future policies to protect the environment will therefore have to introduce
adequate market pricing for the main inputs."
Likewise, livestock holders who emit waste into waterways or release ammonia
into the atmosphere should pay for the damage. Applying the "polluter pays"
principle should not present insurmountable problems for offenders, given the
burgeoning demand for livestock products.