Consider, for example, the habits of consumers considered to be Bottom of Pyramid (BoP).
The global food system is recalibrating in the wake of many factors, one of which is the increasing demand for traditional proteins, driven in large part by low-or-middle-income emerging markets in the Global South (see Alternative Proteins: What’s the deal?). What this has led to is the rise of a new category ‘Alternative Proteins’ encompassing everything from re-engineered plant-based legumes to lab-grown meats. The mushrooming of new brands in this category have been centered in the Global North, with some markets even reaching close to saturation point (read this to find out what all the hype is about). The market share is expected to change as the case for alternative proteins in the Global South gains traction.
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