The facility is expected to cultivate mycelium for use in chicken-style cutlets and steak-style fillets at an annual rate of tens of millions of pounds by late 2023.
The investment will support Arkeon’s one-step fermentation bioprocess, which creates protein ingredients by capturing greenhouse gas carbon dioxide and converting it into the 20 proteinogenic amino acids necessary for human nutrition.
A study published in the December issue of the journal Nature Sustainability examined what types of food production have the greatest environmental impacts.
Freshly is halting its direct-to-consumer meal delivery business. The company, which was acquired by Nestle in 2020, updated its website in late December to reflect the change.
Mintec Ltd. has acquired AgriBriefing, a business publisher and provider of market information to stakeholders in the poultry, egg, meat, seafood, plant protein and related segments of the food industry.
Approximately 23 million tons of food is wasted at consumer-facing businesses, with shoppers tossing out an additional 30 million tons of food each year.