The annual AltProteins Conference, which was held in Melbourne on Thursday for the third time, will move to Sydney in October 2025.
In a statement from Investment NSW welcoming the news, it said alternative proteins – produced from plant or animal cells and consumed as substitutes for meat and seafood – could be a sector worth $765 million to NSW by 2033.
Almost half of Australia’s alternative protein businesses in operation are located in the state, including Harvest B, Vow, and All G Foods, it added.
“NSW is already a leading State in plant-based food, cultured meat and precision fermentation,” said Investment NSW Executive Director Maroun El Khoury.
“Hosting next year’s conference will enable NSW to take full advantage of the economic opportunity the sector represents, including for regional communities right across the state.”
Food Frontier, a think tank focussed on the sector and host of the conference, said it recognised NSW as a driving force in alt-proteins.
Food Frontier CEO Dr Simon Eassom added that, “The event brings together all the key players in the region’s alternative proteins ecosystem, providing an invaluable opportunity to build partnerships and realise the full economic potential of this innovative food industry.”
Picture: A previous AltProteins Conference (credit Food Frontier)
Further reading
Harvest B to serve up world-first meat-and-wheat shandy
Collapse of plant protein manufacturer a concern – contribution from Food Frontier