Nourish Ingredients has formed a collaborative commercial agreement with Cabio Biotech, a Chinese biotechnology company, to boost its Asian footprint.
Cabio Biotech will manufacture and distribute Nourish Ingredients’ Tastilux, a meaty flavour and aroma product, throughout China as part of the agreement.
The partnership is aimed at China’s vast market, where total meat consumption is about 100 million tons per year, and a one per cent replacement with plant-based alternatives by 2026 would result in a market of 1 million tons.
This partnership, according to both brands, also sets a foundation for them to expand in other Apac markets.
“This collaboration combines our cutting-edge product development with Cabio’s manufacturing excellence and market insights, positioning us to meet the surging global demand for superior food ingredients,” said James Petrie, CEO of Nourish Ingredients.
“Together, we’re set to efficiently produce top-tier products, opening doors to both the dynamic Chinese market and broader international opportunities.”
In addition, Nourish Ingredients will oversee growth in other markets with Cabio Biotech providing manufacturing support.
