SINGAPORE SGProtein to open ASEAN’s 1st large scale contract manufacturing platform for plant-based meat alternatives April 2021
SGProtein has recently announced plan to set up ASEAN’s first large scale plant-based meat alternative contract manufacturing platform in Singapore.
SGProtein successfully raised S$4 million (US$3 million) during its recent seed round and is in the midst of setting up a facility to accelerate sustainable food production in Singapore. This large-scale production platform will drive Singapore’s position as a regional hub for plant-based food innovation and manufacturing. It is scheduled to start production later this year, offering an initial production capacity of over 3000 tonnes annually.
SGProtein plant will be located within Commonwealth Capital’s Food Hub, leveraging on its fully integrated logistics and operations facility.
SGProtein will help food brands to meet the fast-growing demand for plant-based meat. Consumers in Singapore and across Southeast Asia will benefit from getting access to a wider range of healthy, high-quality and affordable plant-based meat products, made in Singapore.
SGProtein will also help to contribute towards Singapore’s goal to produce 30% of its food locally and help transform Singapore into a net exporter for plant-based food products. The new facility is leveraging the latest technology in high-moisture extrusion as a key technology to unlock this opportunity. Highly versatile, high-moisture extrusion enables the texturing of plant proteins into meat alternatives at large capacities. Through its facility, SGProtein will offer consumers in Singapore and across Southeast Asia a wider choice of delicious, healthy, high quality and innovative plant-based meat products that are accessible to everyone.
With first of its kind contract manufacturing services, SGProtein addresses innovative food start-ups as well as local and multinational food manufacturing and FMCG companies. It enables them to scale their production of healthy and sustainable plant-based food products by eliminating the traditional scaling pains such as capital needs, long timelines and capacity restrictions of building up their own production site and logistics. With SGProtein’s support, plant-based meat innovation companies will be able to grow their business seamlessly and with full flexibility from research and innovation pilot plants all the way to industrial production.
By manufacturing locally and at scale, brands can also significantly shorten supply chains, resulting in significantly less environmental impact and additional cost savings.
Riccarda Zullig, Co-Founder of SGProtein said, “We are helping innovative food start-ups close the gap between plant-based meat innovation and commercialisation. At the same time, we offer our multinational clients to enter the fast-growing Asian markets through a local production facility, ensuring highest standards for food safety, quality and certifications. Democratising access to the most advanced technology for manufacturing meat alternatives adds to Singapore’s attractiveness as a regional hub and ecosystem of world reference.”
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