Nourish Ingredients looks to tap Chinese market with Cabio partnership

Exciting Partnership Announcement Between Nourish Ingredients and Cabio Biotech

Dive Brief:

• Australian startup Nourish Ingredients has teamed up with Chinese biotech company Cabio Biotech to expand the production of Tastilux, their innovative plant-based ingredient that enhances the flavor, aroma, and cooking experience of alternative proteins.
• Aside from plant-based meats, this collaboration marks the first cross-continental venture for both companies, aiming to tap into diverse market segments. Cabio will handle distribution and sales in China, while Nourish will manage global sales and commercial engagement, with Cabio providing manufacturing support.
• Nourish Ingredients CEO James Petrie expressed confidence in the partnership, stating, “By leveraging Cabio’s expertise, we are not only strengthening our supply chain but also improving our capacity to deliver high-quality food solutions on a larger scale.”

Dive Insight:

Australia-based Nourish Ingredients specializes in creating innovative fat products through fermentation. Their Tastilux ingredient is designed to bring an authentic taste and aroma to various plant-based foods, including meat alternatives, snacks, and condiments.

With the collaboration with Cabio, Tastilux can now be produced commercially at a larger scale, targeting China’s growing plant-based meat industry.

China’s significant meat consumption, reaching nearly 100 million tons annually, presents a substantial opportunity for Nourish Ingredients to penetrate the market with plant-based alternatives. Industry forecasts suggest the Chinese meat consumption market could reach $3.5 billion by 2028.

Notably, Tastilux is produced using the same fungi family utilized by Cabio to create omega-6 fatty acids for infant formula, making the partnership a natural fit. Cabio’s manufacturing capabilities, including bio-fermentation and refining, align well with Nourish’s product development goals.

James Petrie emphasized the potential of the collaboration, stating, “Together, we are poised to meet the growing global demand for premium food ingredients, leveraging Cabio’s manufacturing excellence and market insights to explore opportunities in China and beyond.”