Victoria leading the way in alternative proteins sector

22 September 2023

Victoria will host Food Frontier’s AltProteins 23 Conference for Australia and New Zealand next month.

Hosted in Melbourne on 4 October, the conference will welcome some of the industry’s sharpest minds to explore the current challenges and opportunities for alternative protein businesses.

Agriculture Victoria Chief Executive Matt Lowe said the government was proud to support the event, through its partnership with Grains Research and Development Corporation (GRDC).

“Agriculture Victoria recognises the alternative proteins sector’s strong growth potential and we are proud of the progress that has been achieved within the sector to date.”

“Demand for high-quality protein continues to grow both internationally and domestically, and this presents significant market opportunities for Victorian producers and manufacturers.”

“Food Frontier’s AltProteins 23 Conference will help producers discover where they could fit in the alternative proteins sector, so we want to encourage those with an interest to attend.”

The number of Australian and New Zealand alternative protein companies has grown tenfold since 2018, from 4 to more than 40, according to Food Frontier’s industry data. There are now more than 350 plant-based products in our supermarkets—up by a third since 2021.

Food Frontier Executive Director Dr Simon Eassom said this rapid growth has brought about challenges that the industry must address.

“The AltProteins 23 Conference will look at all the issues that are pertinent to the industry right now, such as consumer attitudes, bottlenecks to scaling, supply and investment.”

“It is more important than ever that the industry comes together to develop business networks, stay ahead of trends, new technologies and anticipate potential investor expectations going forward.”

Visit the AltProteins website to register for conference tickets.

Media contact: Max O’Driscoll

Phone: 0497 047 723