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Food & ingredients March 2023

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Cargill enters alternatice fats<br />

partnership with Cubiq <strong>Food</strong>s<br />

Cargill<br />

Answering the call for healthier, more sustainable<br />

and better-tasting solutions, Cargill and the young<br />

food-tech company CUBIQ FOODS have signed<br />

product co-development and commercial goto-market<br />

agreements aimed at developing and<br />

accelerating wide-scale commercialization of<br />

CUBIQ FOODS’ innovative fat technologies.<br />

With this strategic partnership, Cargill will<br />

now have access to CUBIQ’s innovative<br />

technologies to help customers develop<br />

plant-based alternative foods with benefits<br />

that surpass typical products made with<br />

animal fats or tropical oils, such as:<br />

• enhances flavor,<br />

• may improve total fats and saturated fats,<br />

• may improve caloric content, and<br />

• may incorporate essential fatty acids (omega 3).<br />

CUBIQ’s novel fats, including Go!Drop®, join<br />

Cargill’s existing portfolio of plant-based<br />

solutions, spanning plant proteins, texturizers<br />

and a full array of traditional fats and oils.<br />

“By embracing new technologies, harnessing<br />

our full ingredient toolbox and leveraging our<br />

global application knowledge, we’re poised<br />

to accelerate the development of the nextgeneration<br />

plant-based products. Ultimately, it<br />

will be a win for consumers, as we enable food<br />

manufacturers to create products and solutions<br />

with an eye toward both people and the planet,”<br />

said Vivek Cherian, Meat and Dairy Alternatives<br />

Category Leader for Edible Oils at Cargill.<br />

The new fat technologies can be used across<br />

multiple applications and are especially<br />

relevant in the plant-based meat and dairy<br />

alternative space, where fats and oils play<br />

pivotal roles in structure, taste, texture, and<br />

nutritional profile. Most current plant-based<br />

options fall short of consumers’ expectations,<br />

but CUBIQ FOODS’ line of “smarter” fats<br />

help close the gap, including advances<br />

that replicate animal fat in terms of visual<br />

appearance, mouthfeel, and bite.<br />

“Signing the joint development and commercial<br />

agreements represents the next phase in our<br />

partnership, as our groundbreaking technology<br />

is now ready for application development,<br />

production scale-up and widespread<br />

commercialization – roles that Cargill is uniquely<br />

equipped to help us advance,” said Andrés<br />

Montefeltro, chief executive officer at CUBIQ<br />

FOODS. “Together, we’ll help food manufacturers<br />

and consumers reimagine what’s possible in the<br />

quest for healthy and satisfying foods.”<br />

Cargill first invested in CUBIQ FOODS in May<br />

2022, as part of ongoing efforts to more<br />

rapidly advance promising food technology<br />

and support customers with novel solutions.<br />

The collaboration complements Cargill’s<br />

previous investments in alternative protein<br />

sources, including PURIS and Upside <strong>Food</strong>s<br />

(formerly known as Memphis Meats), and<br />

aligns with the company’s ambition to be a<br />

leader in innovative food <strong>ingredients</strong>.<br />

10 FOOD & INGREDIENTS INTERNATIONAL MARCH <strong>2023</strong>

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