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$RIBT broke a declining resistance today and it broke away from the 50 day MA. Looks like it goes through the 100 day MA soon up toward $3. By then we should have the Q4 and year end SEC filings. Last year that was on March 17th. Hopefully good news then or before.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=1&mn=0&dy=0&id=p76610759797
$RIBT broke a declining trendline today and it broke away from the 50 day MA. Looks like it goes through the 100 day MA soon up toward $3. By then we should have the Q4 and year end SEC filings. Last year that was on March 17th. Hopefully good news then or before.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=1&mn=0&dy=0&id=p76610759797
Beijing Promotes Rice Bran as Food Amid Famine Fears
https://www.theepochtimes.com/beijing-promotes-rice-bran-as-food-amid-famine-fears_5021445.html?&utm_medium=ChinaInFocus&utm_source=SocialM&utm_campaign=FoodShortageFamine&utm_content=1-30-2023
Does China have enough food to feed its people? After months of summertime flooding in recent years and a three-year COVID-19 lockdown that locked farmers inside their homes and away from their fields, the Chinese Communist Party says the country has reaped bountiful harvests for the past 13 years. But at the same time, it’s encouraging citizens to add something called rice bran into their diets. The fiber is usually reserved for livestock feed and fuel-making, and was only consumed widely by Chinese people some 60 years ago, during the Great Famine.
Beijing Promotes Rice Bran as Food Amid Famine Fears
https://www.theepochtimes.com/beijing-promotes-rice-bran-as-food-amid-famine-fears_5021445.html?&utm_medium=ChinaInFocus&utm_source=SocialM&utm_campaign=FoodShortageFamine&utm_content=1-30-2023
Does China have enough food to feed its people? After months of summertime flooding in recent years and a three-year COVID-19 lockdown that locked farmers inside their homes and away from their fields, the Chinese Communist Party says the country has reaped bountiful harvests for the past 13 years. But at the same time, it’s encouraging citizens to add something called rice bran into their diets. The fiber is usually reserved for livestock feed and fuel-making, and was only consumed widely by Chinese people some 60 years ago, during the Great Famine.
I have been busy lately and missed the TV on rounds 1 and 2(I thought) and dummy me as I was golf and basketball Saturday and thinking I am watching round 3 Saturday. Looking back, I was watching one of the most exciting golf finishes in quite a while and missed it emotionally, lol.
Congrats capgain!!!!!
I did a sample of some hot stocks. It was 50 day was better 20 times some the 100 better 35 times. I guess the 100 is more established or such.
I want to check using the 100 to det in and the 50 to get out.
The small stocks got killed the most last year. I'g guess they might do OK.
Correction, SURG, the 200
https://stockcharts.com/h-sc/ui?s=SURG&p=D&yr=5&mn=0&dy=0&id=p63663328393
I did a lot of trading in the past. Bear markets are tough, many false starts. I did not do well in 2008-10. And we have not had a log term bear innquite some time, may be in one now and not know it yet.. Still, moving averages get you out as well a keep you in.
My guess is market makers individually use certain moving averages. With RIBT, the 50 was key coming down he last six months and MIGHT signal a buy before the 100 now, if it holds?
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=5&mn=0&dy=0&id=p59232107979
SURG which we talked about here in the past, the one keeping us in now would have been the 100MA?
https://stockcharts.com/h-sc/ui?s=SURG&p=D&yr=5&mn=0&dy=0&id=p54825710052
Trading with moving averages
OSTK, you get in with the 20 day MA in April 2020 at about $5, get out at $95 in early August 2020.
https://stockcharts.com/h-sc/ui?s=OSTK&p=D&yr=3&mn=8&dy=0&id=p06202193535
They are no all that neat, lol. NTZ, in and out several times in the big rally from bottom to top with the 20-day, only the 100 worked all the way from about 1 to $16.
https://stockcharts.com/h-sc/ui?s=NTZ&p=D&yr=3&mn=3&dy=0&id=p84122115102
Me, I am hoping the 50 day holds from now until the moon, lol.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=4&dy=0&id=p11714133553
Trading with moving averages
OSTK, you get in with the 20 day MA in April 2020 at about $5, get out at $95 in early August 2020.
https://stockcharts.com/h-sc/ui?s=OSTK&p=D&yr=3&mn=8&dy=0&id=p06202193535
They are no all that neat, lol. NTZ, in and out several times in the big rally from bottom to top with the 20-day, only the 100 worked all the way from about 1 to $16.
https://stockcharts.com/h-sc/ui?s=NTZ&p=D&yr=3&mn=3&dy=0&id=p84122115102
Me, I am hoping the 50 day holds from now until the moon, lol.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=4&dy=0&id=p11714133553
In 2010 to 2011 RIBT went from .05(,04 intra day} to .36(.38 intra day. The point 05 was a chapter 11 filing. After that the stock had a 1 for 200 split in 2013 and the recent 1 for to. So the .05 low shows it at $140 and the top in 2011 as $720. LOL.
But my point is, that .05 to .36 in 10 months happened with no meanigful news.
Yes, I have been an in and out trader of RIBT since August 2006. I got out in 2007 with a 4 bagger and stayed out until the BK and took a flyer at .05 BK, a small trade. Got out again and back in and out. I fell in love in 2017 when Continental grain bought in. So, I am basically underwater all together. now I just added at .6924(average) and increased my share couint 77%, but still ashamed to tell you my average. My point is I have seen it all.
Does this mean RIBT will have another 7X rally with no news? LOL, probably not.
https://finance.yahoo.com/quote/RIBT/chart?p=RIBT#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
One concern is RIBT's new pet food product. At the CC in November they were waiting on a new screen for the process of making a spray out of rice bran for they system. Since no PR, it is very possible it is not fixed.
Yes I hope the 50 holds. It looks like short term traders got out of their bottom play, volume is tiny today?
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=3&dy=0&id=p25829017290
I "Expect" the stock market to make me rich any day now.
Tiny volume today. This mini rally correction is about over?
Double win today. Closed above the 50 day MA, and above $1.00.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=3&dy=0&id=p25829017290
Money can still be made in plant based and maybe cultured meat, it is bigger now than 3 years ago, but good luck finding a good investment. Impossible was to have an IPO about a year or more ago, well........................
On topic news out recently, mostly today, with disruptive technologie articles >>>
https://www.foodbusinessnews.net/articles/23062-plant-based-cheese-dip-maker-rebrands
https://www.fooddive.com/news/believer-meats-north-carolina-facility-2023/640786/
https://www.foodingredientsfirst.com/news/chocolate-extraveganza-cargill-powers-up-plant-based-portfolio-with-sunflower-kernel-and-rice-syrup-powders.html
https://www.bakingbusiness.com/articles/58234-adm-ventures-investing-in-its-vision-of-the-future
https://www.foodnavigator.com/Article/2023/01/23/An-even-more-sustainable-milk-alternative-Oat-milk-powder-developed-to-cut-packaging-by-90
https://www.foodnavigator.com/Article/2023/01/23/beneo-takes-next-step-in-plant-based-protein-strategy-with-start-up-investment
https://www.foodnavigator.com/News/Promotional-Features/Angel-Yeast-plans-plant-based-organic-nitrogen-sources-production-line
https://www.foodnavigator-usa.com/Article/2023/01/20/Cultivated-meat-in-focus-at-Tufts-cellular-ag-innovation-day-From-bioreactor-bottlenecks-to-a-global-battle-cry-for-government-funding
https://www.foodnavigator-usa.com/Article/2023/01/19/why-the-first-mass-produced-cultured-meat-product-won-t-be-food
https://www.nutraingredients-usa.com/Article/2023/01/23/Mibelle-launches-haskap-berry-powder-into-sports-nutrition-market
https://www.nutraingredients.com/Article/2023/01/23/the-glucose-revolution-are-you-ready
Money can still be made in plant based and maybe cultured meat, it is bigger now than 3 years ago, but good luck finding a good investment. Impossible was to have an IPO about a year or more ago, well........................
On topic news out recently, mostly today, with disruptive technologie articles >>>
https://www.foodbusinessnews.net/articles/23062-plant-based-cheese-dip-maker-rebrands
https://www.fooddive.com/news/believer-meats-north-carolina-facility-2023/640786/
https://www.foodingredientsfirst.com/news/chocolate-extraveganza-cargill-powers-up-plant-based-portfolio-with-sunflower-kernel-and-rice-syrup-powders.html
https://www.bakingbusiness.com/articles/58234-adm-ventures-investing-in-its-vision-of-the-future
https://www.foodnavigator.com/Article/2023/01/23/An-even-more-sustainable-milk-alternative-Oat-milk-powder-developed-to-cut-packaging-by-90
https://www.foodnavigator.com/Article/2023/01/23/beneo-takes-next-step-in-plant-based-protein-strategy-with-start-up-investment
https://www.foodnavigator.com/News/Promotional-Features/Angel-Yeast-plans-plant-based-organic-nitrogen-sources-production-line
https://www.foodnavigator-usa.com/Article/2023/01/20/Cultivated-meat-in-focus-at-Tufts-cellular-ag-innovation-day-From-bioreactor-bottlenecks-to-a-global-battle-cry-for-government-funding
https://www.foodnavigator-usa.com/Article/2023/01/19/why-the-first-mass-produced-cultured-meat-product-won-t-be-food
https://www.nutraingredients-usa.com/Article/2023/01/23/Mibelle-launches-haskap-berry-powder-into-sports-nutrition-market
https://www.nutraingredients.com/Article/2023/01/23/the-glucose-revolution-are-you-ready
Down right now .01, but buy over sell volume is 2/1
https://ih.advfn.com/stock-market/NASDAQ/ricebran-technologies-RIBT/trades?_ga=2.256236424.2012683222.1554897425-334505475.1554897425
Another BYND ex resigns>>>
Beyond Meat chief brand officer departs
https://www.fooddive.com/news/beyond-meat-chief-brand-officer-departs/640328/
Beyond Meat’s chief brand officer left the plant-based meat company this week, adding to a high level of executive turnover during the last five months. The story was first reported by The Wall Street Journal.
Beth Moskowitz told employees in an internal email on Wednesday that it was her last day with the company, according to the Journal’s report. Moskowitz had been with Beyond Meat since December 2018, her LinkedIn profile indicates.
In an email, a Beyond Meat spokesperson confirmed that Moskowitz left the company. Beyond Meat has hired an executive to lead global marketing for the company, who is slated to begin work next month, the spokesperson said. The company did not identify who it is.
The publicly traded plant-based meat company has had a difficult year with slowing or stagnant sales growth, supply chain challenges and large startup costs for new product lines. It has seen several executives leave their positions, both out of personal choice and as part of layoffs instituted by the company to save on operating costs.
In September, former chief supply chain officer Bernie Adcock left the company to become the head of retail and QSR for Pilgrim’s Pride. Beyond Meat chose not to replace him and eliminated that position.
Then, as part of wider layoffs that cut 19% of the company’s total workforce in October, former global chief growth officer and President of North America Deanna Jurgens lost her job. That role was eliminated. The company also let go of former chief operating officer Doug Ramsey, who was suspended at the time following his arrest on charges related to what police say was a road rage-inspired physical altercation.
Beyond Meat also has a new chief financial officer, after former CFO Phil Hardin left the company to pursue another position in October. Lubi Kutua, who had been the company’s vice president for financial planning and analysis and investor relations, took over the CFO’s job in October.
Chart>>>>
https://stockcharts.com/h-sc/ui?s=BYND&p=D&yr=4&mn=0&dy=0&id=p17327545416
Another BYND ex resigns>>>
Beyond Meat chief brand officer departs
https://www.fooddive.com/news/beyond-meat-chief-brand-officer-departs/640328/
Beyond Meat’s chief brand officer left the plant-based meat company this week, adding to a high level of executive turnover during the last five months. The story was first reported by The Wall Street Journal.
Beth Moskowitz told employees in an internal email on Wednesday that it was her last day with the company, according to the Journal’s report. Moskowitz had been with Beyond Meat since December 2018, her LinkedIn profile indicates.
In an email, a Beyond Meat spokesperson confirmed that Moskowitz left the company. Beyond Meat has hired an executive to lead global marketing for the company, who is slated to begin work next month, the spokesperson said. The company did not identify who it is.
The publicly traded plant-based meat company has had a difficult year with slowing or stagnant sales growth, supply chain challenges and large startup costs for new product lines. It has seen several executives leave their positions, both out of personal choice and as part of layoffs instituted by the company to save on operating costs.
In September, former chief supply chain officer Bernie Adcock left the company to become the head of retail and QSR for Pilgrim’s Pride. Beyond Meat chose not to replace him and eliminated that position.
Then, as part of wider layoffs that cut 19% of the company’s total workforce in October, former global chief growth officer and President of North America Deanna Jurgens lost her job. That role was eliminated. The company also let go of former chief operating officer Doug Ramsey, who was suspended at the time following his arrest on charges related to what police say was a road rage-inspired physical altercation.
Beyond Meat also has a new chief financial officer, after former CFO Phil Hardin left the company to pursue another position in October. Lubi Kutua, who had been the company’s vice president for financial planning and analysis and investor relations, took over the CFO’s job in October.
Chart>>>>
https://stockcharts.com/h-sc/ui?s=BYND&p=D&yr=4&mn=0&dy=0&id=p17327545416
IIf they put out news, it will be not be a pump. The Reddit boys were pumping RIBT and they are charged with pumping and dumping some other stocks. Not about RIBT, but charges could come. But, RIBT is the victim.
The top two posted ar RIBT last spring and "PJ: did the most. And RIBT is not mentioned, but RIBT mnangement does not want to appear that they are pumping. I believe the story was responsible for the last dive from $1.00 to .65. Definitely oversold at that point.
https://www.theverge.com/2022/12/14/23508963/twitter-atlas-trading-discord-pump-and-dump-sec-doj-lawsuit-criminal-charges
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=4&dy=0&id=p11714133553
Fatto, it depends how how much improvement. If it is good and the stock goes past $4, it could challenge $8.99, IMO.
My hopes is they get the pet food coagulation straightened out and announced. But that was discussed at the last CC 2 months ago. No problem like that should take 2 months, unless it is improved but not totally fixed.
I hear 2nd or 3rd hand things are going well, but that kind of info has not been good lately. I still have high hopes, can't wait for the next CC in early March.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=5&mn=0&dy=0&id=p74269361567
There is an "Ignore" feature for rude and immature posters. I already used it on Bar.
There are 2 reasons for good news. First, if they get it fixed, they PR'd about the pet food. As per the last CC, they have a filtering device getting a liquid spray from the rice bran, but the filter was getting coagulated. if they get that fixed and get a big contract, WOW WILL HAPPEN to the stock.
If not that, in 2 months we get the years end earnings and CC. If it even has a nice revenue increase and still a loss, that would be good if the loss is not big. iI cash flow neutral, hey I saw a stock go nuts ove cash flow neutral. for the first time. Cash flow positive and that $8.99 2022 high is possible, IMO
$RIBT should close above the 50 day MA. Next is the 100 day also a gap to fill back on October 18th, double resistance around the same price.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=5&dy=0&id=p94272385940
gap>
https://finance.yahoo.com/quote/RIBT/history?p=RIBT
$RIBT should close above the 50 day MA. Next is the 100 day also a gap to fill back on October 18th, double resistance around the same price.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=5&dy=0&id=p94272385940
gap>
https://finance.yahoo.com/quote/RIBT/history?p=RIBT
I hit a key on my computer and my spell check only works some sites. Never used a keyboard in my life until I was 60 in 1973. I'm pretty good with power tools, lol.
All this crap being exposed and they are pushing for more, specifically a new so called "vaccine" for kids.
Think about that people on welfare did not have to get vaxxed to keep thier welfae, but many hard working people had to or lose their jobs. So the world in the future will be occupied with lazy, crooked or handicapped people and politicians? Opps, politicians were covered under "crooked".
I believe we will used up alot of natual resources in the next 100 years, lithium much sooner. If I wanted to "save the planet" I am sure I could come up with a plan that was packaged honestly and would pass in a vote. But the people behing this are the most evil people in world history, and down right sleezy.
All this crap being exposed and they are pushing for more, specifically a new so called "vaccine" for kids.
Think about that people on welfare did not have to get vaxxed to keep thier welfae, but many hard working people had to or lose their jobs. So the world in the future will be occupied with lazy, crooked or handicapped people and politicians? Opps, politicians were covered under "crooked".
I believe we will used up alot of natual resources in the next 100 years, lithium much sooner. If I wanted to "save the planet" I am sure I could come up with a plan that was packaged honestly and would pass in a vote. But the people behing this are the most evil people in world history, and down right sleezy.
gfp. I have evidence that I acquired since the start of the COVID BS. In my main Minneapolis paper, The Star and Tribune, the 2 week average obituaries at the start of COVID was like 325-350 weekly in the 2 week average. It stayed that way for at least a year. It maybe inched up to 375-390 by last spring. Then, it started going up when it normally would fall because flu deaths drop in the warm summers. it soon went up to 450 and has been climbing since. Last Wednesday it was 575. I think it may drop a bit this week as some held off obits duing the holidays. to maybe 540 or such next Wednesday.
The Wednesday average is most accurate. Around the weekends, I think it is messed up a bit, maybe some of 3 weekends are counted twice or such. Today the average is 728.
https://www.startribune.com/obituaries/search/?q=&dateFilter=2-weeks
350 to 550 in 2 years is scary. Compound 26% per year for ten years, and wow. And they are not done, more vaccines (so called) are coming out.
All news papers might not do a 2 week average. But you could take a big city near you and do the same by the week, keeping track. Or go to any big city, obits in their papers are usually free to read and track the numbers.
Thanks gfb! Ihave looked into the Skull and Bones. Also I looked into Helena Blavatsky 30 years ago. At that time I felt a bunch of unemployeed hippees were pushing her stuff, lol. Now, it fits in with all this NWO crap. Sabbatean Frankist I need to look into.
Looking at all of the societies a whole, I just don't get the idea of Pedophilia and the huge promotion of LGBT and it seems most secret societies don't just accept that and or welcome itit exists, but promote the heck out of it. My adopted son is gay and no stranger would know it unless he told them. He just is, amen.
$RIBT - Yep the last part of the day the total buy vese sell was 11,000 buy, sell 15,500. It ended at 21,642 buy - 17,885 sell 7355?
Some break through of some keep moving averages, if it breaks through the 34 day MA, the 50 is not far away, the 100 day at $1.53. might prove resistance unless news comes out. I hope to see it over $1.00 soon.
https://stockcharts.com/h-sc/ui?s=RIBT&p=D&yr=0&mn=3&dy=0&id=p25829017290
ADM Ventures investing in the future of food
RIBT was leasing equipment to ADM at Arbuckle California to make stabilized rice bran and still is as far as I know. ADM certainly knows about the benefits of rice bran and maybe some deal between the 2 companies could be made? Peter Bradley certainly could certainly come up with something?
https://www.foodbusinessnews.net/articles/22970-adm-ventures-investing-in-the-future-of-food
The future of food and beverage innovation may run through the myriad venture capital investment groups seeking to launch and scale potentially disruptive technologies and services. For ADM Ventures, the venture capital arm of ADM, Chicago, the future of food may emerge from six broad categories, including alternative protein, human nutrition, health and wellness and the microbiome, animal nutrition, sustainability and biomaterials, and agriculture technologies.
“One of the first focus areas for ADM Ventures was alternative proteins,” said Darren Streiler, vice president of venture capital. “ADM has an over 75-year history in plant-based proteins, but ADM Ventures was charged with looking beyond ADM's business in plant proteins.
“We are looking at new ways to manufacture proteins. What is disruptive about some of these technologies is it is changing how protein is being manufactured. Instead of relying on livestock and animals, you can have a very small manufacturing footprint in any country. I think Singapore is a good example. You can establish protein factories in such a small area.”
The focus on alternative proteins led the group to invest in a cross-section of companies vying for funding and scale, including Air Protein, Believer Meats (formerly Future Meat), Geltor, Nature’s Fynd and Perfect Day. Recently, ADM Ventures has shifted its focus toward the other five categories.
“Where we've been most active lately is in health and wellness in and around the microbiome, and pet nutrition,” Mr. Streiler said.
Recent investments include Bond Pet Foods, Boulder, Colo., which raised $17.5 million in a Series A round, and Innovafeed, Paris, a processor and supplier of insects for use in animal and plant nutrition that raised $250 million in a Series D round. Both were announced in September 2022.
When considering investments, ADM Ventures takes a variety of topics into consideration regarding personnel and technologies.
“No. 1 is passion,” Mr. Streiler said about what he looks for in founders. “These folks go through some time where its fits and starts. There is not going to be hockey stick growth. They need to be passionate and knowledgeable about the industry they are going into.
“Then there is the question of product fit. What is the market demanding? What niche areas can they find? Where can they begin selling and executing? That is where you see a lot of creativity come in.”
When evaluating the potential of a technology or service, a key question is what impact will it have?
“Disruptive is an idea, product or service that helps to solve a problem in new ways; it makes meaningful change,” Mr. Streiler said. “In order to disrupt the market, you have to find that niche.”
Startup founders must also be willing to work with ADM.
“First and foremost, it is a mandatory requirement that we collaborate with all of our startups,” Mr. Streiler said. “We're trying to drive results. We use our extensive network and assets in ingredients and services to leverage that to help these startups go to market much faster than they would.”
An example is New Culture, San Leandro, Calif., a producer of animal-free casein and mozzarella that raised $25 million in a Series A funding round in November 2021 that ADM Ventures participated. Less than a year later the two companies entered into a partnership to advance the development and commercialization of New Culture’s products.
“We’re working toward accelerating New Culture’s foodservice and consumer applications with the support of our global product development and flavor resources, further accelerating technical capabilities to make plant-based cheese alternatives more delicious and accessible for consumers,” Mr. Streiler said. “The addition of New Culture’s casein enables their animal-free cheese to stretch and melt, something that’s never successfully been done before with alternative cheeses.”
He added that ADM is the “largest fermentation player in North America” and New Culture now has access to ADM’s scale to increase its alternative casein production.
“We have a lot of assets to move from pilot to scale,” Mr. Streiler said. “New Culture is a wonderful example of how we leverage existing assets to develop a novel technology. They have figured out how to make casein with precision fermentation. We are helping them reach full scale production much quicker. These assets are very expensive to manufacture and build. We have those assets.”
Mr. Streiler has been in his role with ADM since 2018 and has worked with numerous startups. In his experience, he has learned what some of the most difficult challenges are to bring a food technology concept to market. One is finding someone adept at working with the Food and Drug Administration and understands the regulatory process.
“A regulatory resource is hard to come by,” he said. “There is a shortage of people who know how to bring novel ingredients through FDA. They are expensive to hire and in short supply. We recommend consultants to help them.”
Another area is adding scale.
“It is a skill to take something that is in a pilot to full scale commercial production, particularly for food ingredients,” Mr. Streiler said. “That's our core business and it's something startups can tap in to.”
Choosing where to make investments can be more art than science. There are numerous factors that go into the decision-making process. Mr. Streiler said one advantage ADM Ventures has is access to the company’s Outside Voices market research.
“We do heavily rely on them for the current and future trends,” he said. “We leverage that group to understand consumer behaviors. That knowledge helps to shape our investments.
“We can go back to alternative protein. We saw this trend forming much earlier because of our place in the market. Groups like (Outside Voices) helped us understand where we should be focusing.”
New methods, sources spurring plant protein innovation
https://www.foodbusinessnews.net/articles/22980-new-methods-sources-spurring-plant-protein-innovation
Precision fermentation and canola protein may accelerate plant protein innovation. Seaweed protein also may make a splash in the future.
The plant protein category by no means has stayed in the slow lane. MarketsandMarkets, Northbrook, Ill., estimated the global plant-based protein market at $12.2 billion in 2022 and forecasts it to generate a compound annual growth rate of 7.3% between 2022 and 2027, reaching $17.4 billion.
Precision fermentation may accelerate product development in the plant-based category. ICL Food Specialties, a division of Tel Aviv, Israel-based ICL Specialty Products Inc., and Protera Biosciences, a food technology startup and designer of novel proteins, formed a partnership late in 2022. ICL and Protera plan to develop and commercialize protein-based ingredients using precision fermentation.
Protera’s Madi platform predicts and matches the structure and functionality of vegetable proteins. The platform designs proteins from a database of over 1.5 billion edible protein sequences and applies precise fermentation parameters for producing the proteins. The new ingredients may replace texturizers, stabilizers and preservatives.
“These proteins can be produced in large scale by Protera’s precision fermentation technology using sugars as the main raw material,” said Rado Sporka, vice president of the food specialties commercial business for ICL. “The production process is similar to traditional fermentation process for alcoholic beverage production.”
The ingredients should become available in the next few years once regulatory approvals are received, he said.
ADM, Chicago, has invested in precision fermentation as well.
“We know how important fermentation and precision fermentation are to the growing alternative protein landscape,” said Leticia Goncalves, president of global foods for ADM. “As such, we’re helping to spur activity with ‘fermentation-as-a-service.’ While extensive capabilities in food-grade fermentation are required for the processing, lab services and consulting needs of food and beverage companies, fermentation-as-a-service helps push innovation forward more efficiently.”
ADM and the Asia Sustainable Foods Platform, which focuses on accelerating the commercialization of sustainable foods in Asia, in 2022 inaugurated their joint venture company called ScaleUp Bio. The joint venture will provide contract development and manufacturing organization services for precision fermentation for food applications.
Hello, canola protein
Many in the food industry may associate canola with edible oils, but canola also has emerged as a source of plant protein.
Royal DSM, Delft, The Netherlands, in November 2022 launched Vertis CanolaPro, a canola protein isolate. CanolaPro has been shown to improve the bite and texture of meat and fish alternatives, and it creates a smoother mouthfeel in dairy alternatives and performance nutrition products, according to DSM. The ingredient has a protein digestibility-corrected amino acid score (PDCAAS) of 1, which is on par with soy or whey.
CanolaPro and Avril Group, a processor and financer in the vegetable oils and protein sector based in France, formed a joint venture that produces CanolaPro at a facility in Dieppe, France.
Merit Functional Foods, Winnipeg, Man., already offers canola protein ingredients. The company opened a 94,000-square-foot plant-based protein facility in Winnipeg early in 2021. The facility processes both pea and canola.
On the horizon
P&S Intelligence, New York, estimated the worldwide seaweed protein market to be about $513.7 million in 2021 and forecast it to have a CAGR of 12% from 2021 to 2030, reaching $1.4 billion by 2030. The food sector accounted for over 80% of the total income from the sale of seaweed proteins in 2021, according to the company.
“On the horizon, we will see emerging plant protein sources like algae, sunflower, lupin, chickpea and ancient grains, including amaranth and sorghum, incorporated into various alternative formulations,” said Ms. Goncalves of ADM. “However, these sources don’t have mainstream awareness, and it will take time for them to gain the same general consumer recognition as conventional sources like soy, wheat and pea.”
ADM has invested in Nature’s Fynd, which is leveraging fungi to help produce fermented mycoprotein.
Cellular or cultured meat may impact the plant protein category as well. ADM is supporting Believer Meats in its development of cultivated meats that are grown in a laboratory from animal cells, said Allyson Fish, president of alternative proteins for ADM.
“Additionally, as technology advances, we anticipate there will also be an uptick in blends and hybrids of plant and cultured sources, plant and fermented sources, and more,” Ms. Fish said. “Blending unfamiliar sources with familiar ones helps create a lower barrier of entry for consumers, leading to heightened future acceptance. This is similar to the way many people originally accepted alternative offerings, as many offerings were created from hybrids of animal protein and plant protein. This trend has the potential to re-emerge to drive consumer acceptance and support the expanding alternative protein arena.”
Thanks, new to me.
$RIBT - The 10 and 20 day moving averages look interesting and the MACD turned bullish on December 30th.
https://schrts.co/ZBfcZTsU
Nice day for RVNC, congrats Dew
https://stockcharts.com/h-sc/ui?s=RVNC&p=D&yr=5&mn=0&dy=0&id=p53412792580
" Most of the world would like to escape from the grip of the US. ", yep and that is why they are driving us down, so the rest of the world won't fear us in a NWO.
I noticed YouTube semi blocked my Walter Vieth video. I could find in at YouTube by pasteing the titel from Brighteon. But I could not open it on the link I sent you. Was the YouTube link I pasted blocked for you too.