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Meticulous Research Viewpoint: Alternative Protein Industry Amid Global COVID-19 Crisis

Alternative Protein Industry Amid Global COVID-19 Crisis

The COVID-19 outbreak has led to massive disruptions in travel, manufacturing, services, healthcare, and supply chains that has caused havoc on global financial markets. According to WHO, as of 22nd May 2020, the number of cases of COVID-19 continues to climb, with more than 4,962,707 confirmed cases and 3,26,459 deaths worldwide. COVID-19 has spread to 216 countries and caused a public health emergency across the globe. In response to the pandemic, many countries and cities have declared emergencies; many conferences and events have been canceled or postponed; travel has been limited; schools and universities have closed; and companies have started exploring alternative ways to conduct business. The on-going COVID-19 pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to consumer behavior. The crisis has caused people to re-evaluate their diets as the pandemic has underlined the link between food and health.

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