05 Jan 2023 — The European Fee has granted Novel Meals standing to FermentIQ MLL and PTP, two of mycelia protein producer MycoTechnology’s principal ingredient merchandise.
They’re produced utilizing a patented mycelial fermentation platform that improves the sensory, purposeful, and dietary attributes of plant protein.
This approval opens the door for the US-based company to develop into the European market and past, notes Alan Hahn, MycoTechnology’s CEO.
“Authorization means we are able to now provide meals and beverage producers entry to our plant protein in Europe for the primary time,” he explains.
“FermentIQ is a transformative plant protein with a number of purposes and dietary benefits over different plant protein components. It permits manufacturers to beat the technical and style obstacles related to different plant proteins, offering customers with a compelling purpose to change.”
The European Meals Security Authority (EFSA) in April 2022 declared that FermentIQ pea and rice protein, as fermented by shiitake mushroom mycelia, is protected to be used in meals and drinks.
MycoTechnology’s FermentIQ components are produced utilizing a patented mycelial fermentation platform to enhance plant proteins’ sensory, purposeful and dietary features.
FermentIQ is a pea and rice protein mix fermented by mushroom mycelia. The corporate’s proprietary course of deodorizes and de-flavors the protein, making it a impartial answer adaptable to varied purposes.
The ingredient is obtainable as PTP, which improves mouthfeel in protein drinks, MLL for vitamin and style profiles in dairy alternate options, and TXP, which improves texture in meat analogs.
MycoTechnology has obtained Novel Meals approval for its ingredient FermentIQ.Enlargement plans
MycoTechnology plans to distribute throughout Europe by way of distribution large Brenntag, in a partnership introduced in December 2022.
Frank Haven, president of vitamin EMEA at Brenntag, stated on the time, ”This provider settlement will allow Brenntag Specialties clients to entry MycoTechnology merchandise to help innovation in meat analog, dairy different, protein drinks, baked items, snacks and different purposes.”
Hahn underscores the partnership with Brenntag as “a significant step in our plans for European enlargement.”
“Brenntag will probably be instrumental in bringing our novel components to scale within the European market.”
MycoTechnology has already employed gross sales representatives in Germany and the Netherlands to pave the way in which. Having gross sales and distribution frameworks in place will allow the corporate to develop its ingredient portfolio.
With gross sales networks in place in North America, Latin America and Asia, a European community will create world availability for FermentIQ plant proteins and ClearIQ taste clarifiers, the latter of which not too long ago featured within the Sensory Innovation Award at Food Ingredients Europe.
Branching out
This authorization is the final in a number of steps MycoTechnology has taken towards getting into the European market.
Final March, MycoTechnology received US$85 million in a sequence E funding spherical, bringing its raised funds on the time to US$200 million since launching in 2013.
The European Meals Security Authority (EFSA) in April 2022 declared that FermentIQ pea and rice protein, as fermented by shiitake mushroom mycelia, is protected to be used in meals and drinks.
Mushroom area grows
Mycelium-based fermentation know-how is a well-liked type of plant-based protein manufacturing.
In November 2022, MycoTechnology was considered one of a number of leaders within the fungal protein area to type The Fungal Protein Association (FPA), a commerce physique advocating for and conducting analysis into the increasing fungal area.
On the time, Hahn spoke to FoodIngredientsFirst about MycoTechnology’s function within the basis.
“Mycology is extremely viable as a mass-scale answer to nourish individuals. Nourishment should be broader than protein alone. Fungi are extraordinarily versatile, with a priceless dietary profile together with protein, fiber, beta-glucans and different bioactive compounds,” he defined.
Hahn expounded on the untapped potential of fungi, noting their dietary and sustainable advantages.
“There are a lot of methods through which fungi will be utilized to remodel meals waste into priceless components, and analysis has barely scratched the floor,” he highlighted.
“At MycoTechnology, we’re transferring past simply analysis and have already begun to use this idea within the Center East. Utilizing our mycelial fermentation know-how, we’re upcycling dates that might in any other case go to waste, turning them into gas to develop a fungi-based meals supply wealthy in protein, fiber, nutritional vitamins and minerals.”
MycoTechnology’s FPA basis and enlargement into the European market word an ongoing interest within the fungal protein area, with a number of mushroom-based firms both transferring to scale or searching for funding to take action inside a regulatory framework proving to be accepting.
In the meantime, Swiss fermentation manufacturing platform Planetary introduced in November that it’s working with Glatt and IE Group to construct in Switzerland what it claims would be the world’s first built-in precision and mycelium fermentation plant.
By James Davies
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