K-Food Newsletter

The PlantEat, a Company Specializing in Pure Plant-Based K-Vegan Food
Date
2023-07-03 14:56:02
Hit
412
Email
gnia@nicednb.com

The PlantEat is a leading vegan company in Korea. It is a food tech company leading the way in pure plant-based products. The company was founded in 2017, and was selected to join the Tech Incubator program for startups in its first year of operation. In 2020, the company was recognized as one of the ASIA ALT 100: Asia's top protein disruptors. Also in 2020, the company was selected as one of the "A Venture" startups in the agri-food sector by the Ministry of Agriculture, Food and Rural Affairs. At Future Food Asia 2022, The PlantEat won the Cargill Food for Good Award. The company was also a finalist in the XPRIZE Feed the Next Billion 2023. It was recognized as one of three finalists in the Best Plant-Based Condiments category at the World Plant-Based Awards 2022 with its Eat's Better Chipotle Mayo. 

 

 


The company's key competitive advantage is its proprietary data-driven plant-based food development system called PAMS (Plant-based Alternatives Making System). This system is based on a database created by refining and processing food data using AI. It is the world's largest database, containing more than 1.1 million food ingredients. The database contains nutritional information on approximately 800,000 food products, such as mayonnaise. For ingredients like eggs, there are millions of data points. The idea is to look at milk as a combination of nutrients and experiment with finding substitutes for milk using the ingredient data. Using PAMS, they were able to match the size, nutrient macros and texture of real chicken breast to plant-based alternatives with over 90% accuracy.


Eat's Better Mayo, a plant-based mayonnaise, has sold 540,000 units in just over four years. This product uses homegrown soybeans and black soybeans grown by The PlantEat in place of eggs. It is vegan certified by the Vegetarian Society. Another hit for the company is the plant-based milk alternative 'xilk', a product that contains only NON-GMO ingredients. Like their mayonnaise, this product is certified vegan. It is a 0% cholesterol product made from oats, rice, soy, coconut oil, olive oil, brown rice oil and natural sugars. It can be stored and distributed for up to 8 months at room temperature between 1-35 degrees. The product contains 13% vegetable fat, 5% protein, zero trans fat and 29% saturated fat from plant sources. People with lactose intolerance can now enjoy the taste and nutrition of milk with ease. It comes in a 950 ml bottle, contains 470 calories and is available in more than 200 cafes nationwide. 

 

 

'The PlantEat, a Company Specializing in Pure Plant-Based K-Vegan Food' 저작물은 "공공누리 2유형 출처표시 + 상업적 이용금지" 조건에 따라 이용할 수 있습니다.