Planet Based Foods and Döhler enter development agreement

Plant-based hemp meat producer Planet Based Foods has entered into a development agreement with natural ingredient manufacturer, Döhler.

The objective of the agreement is to establish a commercial relationship between the two companies, with the intention to work towards a formal production agreement.

In addition, Döhler has agreed to develop and produce a hemp and oat milk base in partnership with Planet Based Foods for use in B2B ingredients and B2C customers. This development will operate with Döhler headquarters in Darmstadt, Germany, and Döhler North America, located in Georgia, US.

The two companies have also agreed to develop and produce a cold brew coffee beverage using a hemp – and possibly oat – milk base. Döhler will assist Planet Based Foods with introductions to key development, procurement and canning personnel in North America and the EU.

Planet Based Foods CEO and co-founder, Braelyn Davis, said: “The scope of this announcement is much larger than just a proposed agreement. While our research and development teams work together to offer more product lines, we’ll be able to enter into new markets entirely, bringing our brand awareness to global audiences.”

The agreement will enable Planet Based Foods to venture into new markets while improving efficiencies in its existing markets in the US.

The agreement will focus on hemp-based milk alternatives as hemp products generally have more protein and healthy fats than other plant-based alt-milks. Hemp milk contains all essential amino acids, making it a complete protein and contains mostly unsaturated fat, including omega-3 and omega-6 fatty acids which are essential for biological functions.