On August 3rd, the European Food Safety Authority (EFSA) granted approval for “Apple Cell Culture Biomass” as a Novel Food. The approved ingredient, PhytoCellTec™ Md Nu, belongs to the Swiss raw material supplier Mibelle Biochemistry. Initially used in cosmetics, it has expanded its applications to the food and beverage and dietary supplement sectors. The Application… Continue reading The EU’s new batch of apple cell cultures, technology is becoming the direction of raw material iteration
Day: December 22, 2023
Using soybean germination technology to make plant-based meat, DAIZ received US$47.4 million in Series C financing
Japanese plant-based company DAIZ recently secured a substantial ¥71 billion (approximately $474 million) in Series C funding, marking the largest amount ever raised by a Japanese food tech firm, according to Green Queen. This funding is earmarked for the construction of a new 40,000-square-foot facility. With the completion of this round, DAIZ’s total funding will… Continue reading Using soybean germination technology to make plant-based meat, DAIZ received US$47.4 million in Series C financing
The global plant-based meat market continues to grow, and the star raw material industrial hemp is also about to enter the market
In recent years, the global plant-based meat market has witnessed explosive growth, particularly in the United States. SPINS market data reveals that the U.S. plant-based meat market reached $682 million in 2017, $794 million in 2018 (16% growth), and $939 million in 2019 (18% growth), with annual increases indicating an expanding market scale and capacity.… Continue reading The global plant-based meat market continues to grow, and the star raw material industrial hemp is also about to enter the market
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