On Nov. 03, 2023, ScaleUp Bio (Singapore), a leading provider of microbial precision fermentation CDMO services, announced a collaboration with Nourish Ingredients, an Australian food tech company. ScaleUp Bio's collaboration agreement with Nourish Ingredients will support 10,000 Ltrs. of fermentation capacity and 100 Ltrs. of thermal processing.
ScaleUp Bio is a joint venture company of ADM and Nurasa, Established in 2022 to provide a pathway from bench-to-market pipeline and facilitate entry into Asian markets & other regions. Nourish Ingredients will establish a strategic Asia-Pacific hub for scaling production of its animal-free fat (Tastilux) for plant-based meat and other applications.
On Sep.19, 2023, Singapore-headquartered TurtleTree announced its plan to commercialize precision fermentation ingredients in Singapore and the US. The firm is targeting sports nutrition success with its lactoferrin ingredient by commercializing it in the US this year and in Singapore expected next year.
On Aug.10, 2023, Biotech and nutrition companies Novozymes and Arla Foods Ingredients announced a new partnership to develop advanced protein ingredients using precision fermentation. This co-funded partnership will likely see Novozymes contribute its expertise in creating microbial strains for the industrial-scale production of proteins by precision fermentation.
Novozymes specializes in precision fermentation-based enzyme production and has focused on exploring new protein solutions for health and nutrition. The biotech company's expertise will be combined with Arla Foods Ingredients' food tech knowledge, particularly about separation and drying processes and its experience within the regulatory landscape.
On July 25, 2023, Nourish Ingredients, an Australian startup deploying precision fermentation, announced that it will launch fats with authentic animal taste and aroma in late 2024. Nourish Ingredients deploys precision fermentation to produce animal-like fats for the next generation of meat alternatives. The company has secured $3.9 MN in funding and grants from the Australian government to boost innovation and develop talent as it gears up to launch late next year.
Key Companies in the Precision Fermentation Ingredients market include
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- geltor inc.,
- Imagindairy Ltd
- Change Foods
- Eden Brew
- Impossible Foods Inc
- Motif Foodworks, Inc
- Nourish Ingredients
- Shiru Inc
- FUMI Ingredients
- Perfect Day Inc.
