CABIO Biotech and Nourish Ingredients Announce Strategic Partnership

On November 12, 2024, CABIO Biotech and Nourish Ingredients officially announced a milestone joint commercial agreement. Nourish Ingredients, an industry leader specializing in specialty fats and precision fermentation, is partnering in this international collaboration. The partnership will fully leverage both parties' strengths in research and production to enhance the innovative product Tastilux®, driving transformation in the global food ingredient industry.

With China's annual meat consumption approaching 100 million tons, even if only 1% of alternatives adopt plant-based products by 2026, it will create a market of 1 million tons. Industry forecasts indicate that by 2028, this market could soar to a value of $3.5 billion, showing immense growth potential.

Tastilux® is an advanced specialty ingredient extracted from natural sources through fermentation, designed to provide meat flavor, aroma, and cooking experience for alternative proteins. This is crucial for winning consumer favor in the plant-based market by delivering animal-like flavors. Beyond plant-based meats, this collaboration will also explore the rapidly expanding ready-to-eat meal and pre-made dish industries, the snack industry, and the evolving spice and condiment market.

The strategic partnership between CABIO and Nourish Ingredients signifies CABIO's determination to continue its deep cultivation in the food ingredient industry. CABIO will leverage it's expertise in technological R&D, formula design, and intelligent manufacturing to ensure Tastilux®'s breakthrough and innovation in the food ingredient industry. CABIO will strictly control quality and safety, working with Nourish Ingredients to create manufacturing processes that meet regulatory requirements. CABIO will also apply their extensive experience in regulations to rapidly promote the successful launch of products, meeting the global demand for high-quality food ingredients.

“Our strategic partnership with CABIO Biotech marks a pivotal moment for Nourish Ingredients,” said James Petrie, CEO of Nourish Ingredients. “By leveraging CABIO’s established expertise, we’re not only derisking our supply chain for expansion but also enhancing our ability to deliver high-quality, innovative food solutions at scale.”

“This collaboration combines our cutting-edge product development with CABIO’s innovation excellence and market insights, positioning us to meet the surging global demand for superior food ingredients. Together, we’re set to efficiently produce top-tier products, opening doors to both the dynamic Chinese market and broader international opportunities.”

The partnership between CABIO and Nourish Ingredients is built on strong relationships and shared values, creating an environment poised to drive innovation and growth in the field of food technology. This strategic alliance represents a significant commercial opportunity for both companies to unlock multiple market channels in China while laying a solid foundation for potential expansion into other Asian markets.