NoPalm Ingredients featured on Food Ingredients First
We have been featured on Food Ingredients First, along with our peers in the alt-palm oil industry C16 Biosciences, Xylome Corporation and Edwin Mahatir Muhammad Ramadhan.
FoodIngredientsFirst is the point of call for food and beverage companies to keep entirely up to date with trends in the food and beverage industry. Its offers insights into a huge range of diverse categories, along with sharing food industry latest news, statistics, trends and analysis.
It was a pleasure to respond to James Davies insightful and visionary questions, which helped to significantly shed light on the challenges we face in our mission to provide a sustainable alternative to palm oil.
Despite being aware of NoPalm Ingredients sustainable motivations for lowering CO2 emissions, reducing food waste by recycling agri-food side streams, and giving yeasts a second chance at life, there are still many challenges we, along with other start-ups, face that you should be aware of as well.
You might be wondering which ones they are.
This article gives you the answer:
1️⃣ Acquiring regulatory approvals related to consumer protection & food safety
2️⃣ Gaining consumer trust
3️⃣ The conflict between trying to increase cost efficiency and spending large capital expenses for fermentation facilities so that our alternatives can economically compete with conventional palm oil
4️⃣ Scalability & product customization
5️⃣ The need for a stronger political support to combat the power of the highly concentrated palm oil industry
6️⃣ Providing a solution that not only curbs the growth of palm oil, but also ensures that all the stakeholders involved are treated fairly (including developing countries producing palm oil & the millions of smallholders and farmers in the palm oil industry)
With our peers, we have outlined in this article a new perspective on the challenges that could slow the progress of our efforts.
We do, however, work hard every day to reduce the impact of those challenges by perceiving them as opportunities for growth and perseverance.