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Alternative Meat & Dairy

Last Update 02/22/21

This is a research project to assess implications on the Food & Beverage industry standards from increasing consumer demand for alternative meat and dairy products.


Food & Beverage


Business Model & Innovation

Project Status

Ongoing Research

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Project Overview

Project Objective

The intent of this research project is to assess (1) whether there is an opportunity to improve communication by companies to investors of decision-useful information pertaining to this emerging trend and (2) the potential scope of impact of this emerging issue on the Food & Beverage industry standards. The project will result in a staff recommendation on whether to proceed to standard-setting activities.

Project Background

Globally, consumer demand for alternative meat and dairy products is growing, with investment analyst projections of market value reaching between $100B-$140B by 2029. Companies are offering more alternative meat and dairy options (1) to accommodate this growing consumer demand and (2) to reduce their environmental footprint. Preliminary research also suggests that growing consumer demand for these products may impact a company’s financial performance and there is increasing investor interest in alternative meat and dairy products. This is an important trend to evaluate in the context of the SASB standards as it is growing globally, has attracted investor interest, could be relevant in several industries and is not currently addressed in the Food & Beverage industry standards.

Project Status

  • Phase 1 - Initial Research
  • Phase 2 - Stakeholder Consultation
  • Phase 3 - Post-Consultation Analysis
  • Phase 4 - Ongoing Research
  • Phase 5 - Completed

Current Status

Ongoing Research

Next Steps


Published Documents & Supplemental Materials

Published Documents

There are no published documents or drafts at this time.

Supplemental Materials

Board Materials & Decisions

Board Meeting Outcomes

February 2020

  • The board discussed a new research project on exploring the relevance of alternative meat and dairy products across the Food & Beverage sector.

Board Materials

For a full list of past and upcoming Standards Board meetings, as well as associated materials, please visit our Board Meetings Calendar & Archive.

The staff has prepared this summary for informational purposes only. Any Standards Board decisions are tentative and do not change current accounting. Official positions of SASB are determined only after extensive due process and deliberations.