In an assessment, just out, of global governmental support for alternative proteins, Australia has found itself lagging severely, ranking last among ten evaluated countries. The scorecard, released by Australian based, Food Frontier, highlights a stark contrast between Australia's efforts and those of leaders like Singapore, Israel, the US, and Canada.
Dr. Simon Eassom, CEO of Food Frontier, expressed concern over Australia's position: "This scorecard should serve as a wake-up call. While other nations are seizing the opportunity to lead in the plant-based and cultivated meat industries, Australia is missing out on substantial economic and environmental benefits."
The scorecard evaluated countries across 10 crucial factors supporting the growth of the alternative protein sector. While nations such as Canada and Singapore each scored an impressive 7.5, Australia managed only a meager 1.5 with New Zealand a complete 'no-show'.
Source: Photo 317142171 | Alternative Proteins © Katkaterinara
Despite having a regulatory framework in place that supports novel proteins and robust research and development capabilities, Australia falls short in several other critical areas. These deficiencies include outdated dietary guidelines, lack of incentives for plant protein farmers, insufficient infrastructure support, and inadequate funding.
With a mere USD$53.7 million invested in alternative proteins, Australia is significantly behind countries like the US, Canada, and Denmark, each of which has committed over USD$100 million. Furthermore, Australia lacks a national strategy encompassing alternative proteins, an element present in many other countries' approaches.
Source: Food Frontier
The global movement towards alternative proteins is not only a strategy to enhance food security and sustainability but also to mitigate the impacts of climate change. Food systems are responsible for a significant portion of greenhouse gas emissions, and transitioning towards sustainable alternatives is increasingly seen as a critical path forward.
Dr. Eassom urges, "Australia has the potential to be competitive in the global food industry by embracing alternative proteins, which could also benefit our farmers and grain growers by diversifying their revenue streams."
The call to action is clear: for Australia to position itself as a leader in this rapidly evolving sector, decisive and expansive government support is essential.
To download the complete report CLICK HERE.
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