Alternative Protein Funding Down by 50% in the First Half of 2025

Investment in plant-based, fermentation-derived, and cultivated proteins has decreased by 50% in the first half of 2025, according to data from the Good Food Institute. Funding for alternative proteins fell by 49% compared to the same period in 2024, with companies raising a total of $364M in the first six months of the year.

The decline in funding is attributed to various factors, including geopolitical uncertainties, legislative bans on cultivated meat, and a resurgence of animal proteins in the market. However, there have been some positive developments, such as regulatory approvals for cultivated meat companies and increased public investment in biomanufacturing. These de-risking events may signal a potential resurgence in investor interest in alternative proteins in the coming months.