Business

Meatless meat: Swedish start-up owned by Keralite tickles palette

THIRUVANANTHAPURAM: Alternate meat customers usually complain that the substitute fails to comprise fats and flavour of the traditional one. But a Swedish start-up, owned by a Kerala-born scientist, says its fungi-based meat fills the hole and takes meatless meat to the following degree.

It developed new fungi to create protein and fats that’s much like animal protein and fats, enhancing the flavour and texture of vegan meat merchandise. Conventional meat merchandise are by-products of animal agriculture which leads to slaughter of tens of millions of animals and contributes sufficient greenhouse emission and destroys forests triggering demand for substitutes.

In March Gothenburg-based company Mycorena has raised US $26.8 million funding, certainly one of Europe’s largest in alternate meat market, stated its founder and CEO Ramkumar Nair, hailing from Kochi. The agency has developed a meat substitute protein named “promyc” from various kinds of fungi grown of their analysis models and largescale industrial facility, he stated.

“Our aim is to find next-generation food ingredients that are healthy and climate-friendly and bring positive changes in our food system. Demand for vegan meat is on the rise and our vision is to build Mycorena into a global leader, driving the change,” he stated.

Nair (33) left the nation after his post-graduation from the Cochin University of Science and Technology in 2013 to pursue his PhD in Sweden. After finishing his PhD in industrial fungal fermentation know-how, he based Mycorena in 2017, as a spin-out from his analysis on the University of Gothenburg in Sweden. With the help from an internationally famend group of buyers within the subject, the small start-up has now turn into one of many fastest- rising meals know-how firms in Europe.

Now his agency, with a workforce of over 60 folks, primarily scientists, has developed 30 meals merchandise, created cutting-edge applied sciences and owns 10+ patents.

“The mycelium (root-like structure of fungus) of our fungi contains 60 per cent protein and 12% fibre which make it nutritious. Since mycelium is a fibrous material, it resembles animal muscle fibres. It also contains enough amino acids,” he stated. A fungal organism will be divided into two components, mycelium and fruiting physique. Mushroom is the fruiting half whereas mycelium is a big fibrous structure discovered underground from the place the fruiting physique grows, he defined.

He stated in lots of Nordic and European international locations his agency is now supplying components and constructing partnerships with giant meals firms. “We will use fresh funds for both, innovation and growth. We will also use it to build a first of its kind and globally unique promyc production plant,” he stated including many Indian meals giants have additionally approached his agency. He stated he will probably be proud to serve his nation.

The world meat market is valued at US $1.33 trillion in 2021 and veg meat types only one.50 % of it now, however by 2030 it’s anticipated to develop by 15 per cent attributable to mounting concern over local weather change, greenhouse emission and well being points. According to Marketsandmarkets, plant-based meat market is projected to succeed in US $8.3 billion by 2025. With no methane emission from grazing animals and little harm to forests, meat-free proteins like soya, pea, mushroom and fungi are higher for atmosphere than farmed meat, vouch inexperienced activists.


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