Oliver Fuss’ Post

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Project management & due diligence in food tech | Simplifying a complex industry | FoodHack Barcelona

Alt protein #egg 🥚 replacers are not just for alternatives. 🤔 This is something visionary startup founders are slowly realizing... Seeing many startups pivot from B2C towards B2B shows the disconnect between the vision of passionate founders and where the public is at. Why do they pivot? 💹 They follow the path towards #demand and #profitability, which is essential for survival and food system improvement. Competing with traditional eggs toe-to-toe in the eyes of the consumer is difficult. However, convincing CPGs to adopt upcycled egg-white replacer ingredients may be the easier solution. Here are some B2B examples: 🥚 Aquafaba 💧 Fabumin's aquafaba egg white replacer, based on chickpea wastewater OGGS® - aquafaba Chickpea & mung bean 🍃 Evo Foods - mung bean, chickpea and peas Angry Camel - chickpea protein Duckweed & water lentils 🍀 Plantelo - duckweed DryGro's sustainable water lentils Simply Eggless - lupin beans 💛 Microalgae 🌿 Algrow Biosciences - microalgae Precision fermentation: 🎯 OTRO Foods - precision fermentation egg white Onego Bio - precision fermentation egg white The EVERY Company - precision fermentation egg white Undisclosed ❓ UOBO - undisclosed ingredient (recently pivoted to B2B in January) Neggst - undisclosed cholesterol-free ingredient (spinoff from Fraunhofer) Egg'n'Up - undisclosed, plant-based ingredient Although even egg white replacement has its own host of challenges, it's an important category with wide-ranging potential. Many corporates are interested in this type of solution with Häagen-Dazs Shops and Grupo Bimbo being recent examples. Where do you think lies the biggest potential for these replacers?

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Oliver Fuss

Project management & due diligence in food tech | Simplifying a complex industry | FoodHack Barcelona

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ARNAB GUHA

Building Sportify & IIPLeM | Blurring the line between Food & Medicine via GFCFSF Innovations | Scientist cum Bootstrapped Entrepreneur | Ex-Novozymes | Ex-Britannia | Ex-Heinz

1w

Very nice thought provoking post by Oliver Fuss. As a food scientist, what I can tell at this moment is only the right product will last the distance & rest wrong products will fade away with passage of time irrespective of the pumped investor's money. End consumer will get hooked to only one type of egg-replacer protein & that will be the main winner. I don't see 10 different downstream winning the endgame. Only time will tell who will be the winner. Investors who do spray & pray maybe the lucky one as compared to those who don't have domain and industry knowledge.

James Blair

Technical Manager - Country Style Foods - Berwick

1w

I would love to see a few of them produce at a commercialy viable scale and have the food safety credentials to back them up.

Smitha Devigere

Premium quality mung bean protein and black eyed pea protein concentrates manufacturer.

1w

Devigere biosolutions Pvt Ltd single ingredient plant protein for all baking and cooking egg replacement applications from Black eyed peas .

Andrew D Ive

Founder CEO I General Partner I Investor I Food Tech I Ag Tech | Climate Impact | #1 Most Active Investor in Food Innovation Globally

1w
Maya Pritsker Ben Ami

PhD | R&D Consultant | Technical Due Diligence | Food, Climate, and Water-Tech Innovation Analyst | Microbiologist

1w

My goodness—there are so many! Thanks for putting these additional players on my radar! At this point, I would love to see a food startup create products entirely from novel ingredients developed by all of these various innovative companies. That will have to be the next wave of IP-protected, "novel" foods :-)

Watch out for Naylor Nutritions protein gel derived from plants ……

Ryan Edwards

Impactful Ecosystems | Agrifood Innovation | Startup Acceleration | Talent Empowerment | 20k followers

1w

Great insights...the B2B pivot makes sense. I believe with more commercial leaders becoming founders or technical people partnering earlier with these market minded experts, these business models would be adopted sooner.

Margarita Kuzina

Research & Development in plant-based proteins

1w

Very useful list! I would be curious to explore how their emulsifying properties compare to egg albumin. Perhaps some could be a good substitute for egg in processed alternative proteins and meat products, taking price parity into account.

Diana Piemari Cereda

Marketing | Impact | Ecosystem | Innovation | Growth | International

1w

This is an impressive list Oliver Fuss, thanks for sharing! You can also add ALGAMA as another example in the microalgae space 🌿

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