Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique
Plant-based meat (PBM) analogues have been developed as a meat substitute in response to the growing demand worldwide. This is partially attributed to changes in human consumption behaviors motivated by the desire for a lifestyle with a smaller environmental impact and the belief that PBMs are healt...
Main Authors: | , , , , , , , , |
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Format: | Article |
Language: | English |
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Elsevier
2023-12-01
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Series: | Future Foods |
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2666833523000540 |
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author | Teeraya Jarunglumlert Ratchanon Chantanuson Ryuta Hayashi Yuta Katano Takashi Kusakari Shinsuke Nagamine Kentaro Matsumiya Takashi Kobayashi Kyuya Nakagawa |
author_facet | Teeraya Jarunglumlert Ratchanon Chantanuson Ryuta Hayashi Yuta Katano Takashi Kusakari Shinsuke Nagamine Kentaro Matsumiya Takashi Kobayashi Kyuya Nakagawa |
author_sort | Teeraya Jarunglumlert |
collection | DOAJ |
description | Plant-based meat (PBM) analogues have been developed as a meat substitute in response to the growing demand worldwide. This is partially attributed to changes in human consumption behaviors motivated by the desire for a lifestyle with a smaller environmental impact and the belief that PBMs are healthier than traditional meat. This study conducted a techno-economic assessment (TEA) of PBM production from soy protein using an industrial-scale freeze-alignment technique with an annual production capacity of 100 tons. The calculation result showed that the raw material and labor costs accounted for 32.09 % and 23.53 % of the total production cost, respectively, which resulted in the PBM minimum selling price of 1.18 USD/100 g. Economic indicators showed that the project is an attractive investment opportunity with a positive net present value of 4.05 million USD, discounted payback period of 4.4 years, and an internal rate of return of 29.67 %. By streamlining the production process, which contributed to the reduction in time, labor, raw materials, and energy requirements, the potential for cost reduction and increased project profitability could be realized. This study serves as an initial exploration of the challenges associated with enhancing the efficiency and competitiveness of PBM production in the meat market in the foreseeable future. |
first_indexed | 2024-03-08T22:55:59Z |
format | Article |
id | doaj.art-ce5404a83f134aa69050acb0aa105b73 |
institution | Directory Open Access Journal |
issn | 2666-8335 |
language | English |
last_indexed | 2024-03-08T22:55:59Z |
publishDate | 2023-12-01 |
publisher | Elsevier |
record_format | Article |
series | Future Foods |
spelling | doaj.art-ce5404a83f134aa69050acb0aa105b732023-12-16T06:10:22ZengElsevierFuture Foods2666-83352023-12-018100269Techno-economic assessment of plant-based meat analogue produced by the freeze alignment techniqueTeeraya Jarunglumlert0Ratchanon Chantanuson1Ryuta Hayashi2Yuta Katano3Takashi Kusakari4Shinsuke Nagamine5Kentaro Matsumiya6Takashi Kobayashi7Kyuya Nakagawa8Faculty of Science, Energy and Environment, King Mongkut's University of Technology North Bangkok, Rayong Campus, ThailandDepartment of Chemical Engineering, Faculty of Engineering, Kyoto University, JapanTechnology Innovation Research and Development Department Ⅲ, KUBOTA Corporation, JapanTechnology Innovation Research and Development Department Ⅲ, KUBOTA Corporation, JapanTechnology Innovation Research and Development Department Ⅲ, KUBOTA Corporation, JapanDepartment of Chemical Engineering, Faculty of Engineering, Kyoto University, JapanDivision of Food Science and Biotechnology, Graduate School of Agriculture, Kyoto University, JapanDivision of Food Science and Biotechnology, Graduate School of Agriculture, Kyoto University, JapanDepartment of Chemical Engineering, Faculty of Engineering, Kyoto University, Japan; Corresponding author.Plant-based meat (PBM) analogues have been developed as a meat substitute in response to the growing demand worldwide. This is partially attributed to changes in human consumption behaviors motivated by the desire for a lifestyle with a smaller environmental impact and the belief that PBMs are healthier than traditional meat. This study conducted a techno-economic assessment (TEA) of PBM production from soy protein using an industrial-scale freeze-alignment technique with an annual production capacity of 100 tons. The calculation result showed that the raw material and labor costs accounted for 32.09 % and 23.53 % of the total production cost, respectively, which resulted in the PBM minimum selling price of 1.18 USD/100 g. Economic indicators showed that the project is an attractive investment opportunity with a positive net present value of 4.05 million USD, discounted payback period of 4.4 years, and an internal rate of return of 29.67 %. By streamlining the production process, which contributed to the reduction in time, labor, raw materials, and energy requirements, the potential for cost reduction and increased project profitability could be realized. This study serves as an initial exploration of the challenges associated with enhancing the efficiency and competitiveness of PBM production in the meat market in the foreseeable future.http://www.sciencedirect.com/science/article/pii/S2666833523000540Meat analogsPlant-based meatFreeze alignmentTechno-economic assessment |
spellingShingle | Teeraya Jarunglumlert Ratchanon Chantanuson Ryuta Hayashi Yuta Katano Takashi Kusakari Shinsuke Nagamine Kentaro Matsumiya Takashi Kobayashi Kyuya Nakagawa Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique Future Foods Meat analogs Plant-based meat Freeze alignment Techno-economic assessment |
title | Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique |
title_full | Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique |
title_fullStr | Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique |
title_full_unstemmed | Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique |
title_short | Techno-economic assessment of plant-based meat analogue produced by the freeze alignment technique |
title_sort | techno economic assessment of plant based meat analogue produced by the freeze alignment technique |
topic | Meat analogs Plant-based meat Freeze alignment Techno-economic assessment |
url | http://www.sciencedirect.com/science/article/pii/S2666833523000540 |
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