iglo cooperates with a producer of cell-cultured fish and seafood

New cooperation accelerates market development strategy for cell-cultured seafood in the region

15-Sep-2021 - Germany

Nomad Foods, Europe's leading frozen food company and parent company of iglo, and BlueNalu, a leading innovative food company based in San Diego, California/USA, which develops a variety of fish and seafood directly from fish cells, have agreed to collaborate to introduce cell-cultured fish and seafood to Europe. In Europe, demand for sustainably produced, healthy fish continues to grow and currently the region is the largest importer of seafood in the world due to high consumption rates. EU citizens currently consume more than three times as much as they produce. (2)

The agreement is the first of its kind in Europe and underlines Nomad Foods' commitment to sustainable growth through the development and scaling of emerging food technologies. The agreement also signifies a shared interest in the commercialization of cell-cultured fish and seafood in Europe to ensure the long-term demand and availability of high-quality, affordable products that are healthy for people and sustainable for the planet. The collaboration includes conducting market research, analyzing and evaluating regulatory requirements, and developing business plans for new business and product opportunities.

Stéfan Descheemaeker, Chief Executive Officer of Nomad Foods, said, "The food industry is undergoing a transformation as consumer demand for nutritious, high-quality food grows, the importance of sustainability has never been more evident, and the role of technology in meeting these needs is accelerating. "We are at the forefront of a generational shift towards healthier, more sustainable diets and are excited to announce our collaboration with BlueNalu. Their breakthrough technology in cell-cultured seafood fits perfectly with our goal and will allow us to continue to bring innovative and great tasting seafood products to market that are good for people, good for the planet and accessible to all."

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(1) Europe incl. UK

(2) Source: EU Blue Economy Report 2021, pages 35-40.

Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.

https://www.yumda.com/en/news/1172698/iglo-cooperates-with-a-producer-of-cell-cultured-fish-and-seafood.html