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alt foods releases plant based flavored m!lk
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Tuesday, 21 December, 2021, 14 : 00 PM [IST]
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Our Bureau, Mumbai
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Continuing the major momentum in the new category of sustainable ‘smart protein’ foods, plant based milk startup alt foods, co-founded by Aman Khandelwal, Sweta Khandelwal, and Pavitra Khandelwal, have launched with two unique products - ‘original m!lk’ and ‘chocolate flavored m!lk’.
The products are made of sprouted sorghum, sprouted finger millets, amaranth and oats.
Plant based milk is increasingly finding its way into cafes and supermarkets across India - quickly becoming an easily-available product. As of 2020, plant-based milk represented 15% of total dollar sales of retail milk in United States of America, and research by expert nonprofit the Good Food Institute India (GFI India) and Ipsos points to the fact that we can expect similar trends in India, particularly as launches like alt foods’ lead to more plant-based milk making its way into the Indian consumer’s shopping basket.
While this initial launch includes two flavors, the company plans on launching more plant-based milk flavors early in 2022.
Khandelwal said, "With exponential interest in plant-based diets, which is increasingly becoming evidence-driven, we are witnessing a huge shift in consumption where people have started to reject animal sources of food for plant-based sources instead.”
An alternative to animal-derived milk, plant-based milk champions health and well-being while being beneficial for planetary health too. Smart protein - meat, egg, and dairy alternatives produced without industrial animal agriculture but rather through food science - is a major piece of the global fight against climate change, food insecurity, and public health crises such as future pandemics.
These transformative foods received over $3.1 billion in funding globally in 2020. Consumers recognise the impact these foods can have on the environment as well, and rate plant based milks high on unique propositions like sustainability. Considering that Government of India’s policy think tank NITI Aayog has identified that climate resilience is an existential need for the country, plant-based products have never been more important.
Varun Deshpande, managing director, GFI India, said, “Whether in the form of next-generation meat substitutes or dairy products, plant-based foods can be a hugely lucrative category for inherently sustainable, nature-positive, indigenous crops such as millets and pulses, rewarding farmers and small entrepreneurs across India. The sector represents a major pillar of potential economic and agricultural growth for India - our next great sunrise industry over the next decades, and one which also builds environmental and public health resilience. We’re delighted to support startups like alt foods and bring government, industry, science, and agriculture together in a Mission for Smart Protein over the next decade.”
The launch of plant based milk from diversified sources also strengthens the case for smart protein’s beneficial impact on nutrition and health, as millets are vitamin and mineral rich. The startup’s founders conducted extensive primary research before designing the product to understand and address consumers’ pain points and their mission is to create easy-switch alternatives for everyone.
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