Mycelia ingredient company MycoTechnology and IFF have partnered to co-develop alternative proteins and food and beverage products for the European market.
MycoTechnology creates ingredients from mycelia – root-like structures of fungi. The new agreement will enable the Colorado-based business to take advantage of IFF’s culinary design centre and other capabilities in Brabrand, Denmark, as well as its Re-Imagine Protein innovation programme. The two companies have already partnered in the US and are also currently working together on a project in the Asia-Pacific region.
By combining MycoTechnology’s mycelial fermentation platform with IFF’s technical capabilities, the companies plan to develop new, innovative solutions for food and beverage products throughout Europe.
Alan Hahn, MycoTechnology’s CEO, said: “This is an exciting new level of collaboration. IFF understands the importance of innovation and using it to build a better, more sustainable food system. We’re delighted to embark on a new journey together to create the cutting-edge solutions consumers demand for taste, nutrition and sustainability.”
Marcus Pesch, vice president of the Re-Imagine and Re-Master innovation programmes at IFF, commented: “We look forward to collaborating with MycoTechnology on exciting new opportunities in the alternative protein space and beyond”.
He added: “Coupling MycoTechnology’s fermented protein expertise with our Re-Imagine Protein innovation programme will expand the already extensive set of solutions we have to offer. As consumer demand for alternative proteins evolves, we look forward to creating tastier, better and more sustainable solutions for our customers.”
© FoodBev Media Ltd 2024
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