The dairy industry accounts for 4% of manmade greenhouse gas emissions, according to the FAO. 🐄🥛🌱As consumers become increasingly conscious of sustainability and health, more and more are turning to plant-based milks. But some dairy lovers remain unconvinced by the taste and want alternatives that rival the taste and functionality of animal-based milk, cheese, butter, yogurt and cream. A number of alternative dairy startups are developing microbial fermentation technology. California-based Perfect Day is currently the most well-funded in the field, after its US$300 million Series C round last year, and counts Li Ka-shing as a backer. Perfect Day uses fungi to “brew” molecularly identical dairy proteins. These can be used to make milk, cheese and ice cream with the same taste and texture as real dairy. The process produces up to 97% fewer greenhouse gas emissions than conventional dairy. Founded in 2014, Perfect Day’s dairy proteins have already been incorporated into a number of consumer products, including Ice Age! ice creams in Hong Kong. 🍨
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