Change Foods makes major strides in UAE

Signed an agreement to design the first commercial manufacturing plant solution in the region and received government support under the NextGen FDI initiative.

Palo Alto, California, October 20, 2022 /PRNewswire/ — Change Foods has signed an agreement with KEZAD Group to Abu Dhabi, under the UAE Ministry of Economy’s NextGen FDI initiative. The company also shared that it is in the final stages of closing a bridge financing round.

The planned facility will be the first of its kind in the region to produce animal-free milk protein casein, the main ingredient in cheese making. Change Foods’ casein is bioidentical to traditional dairy products, but is completely animal-free – so its manufacturing process has a fraction of the environmental impact of animal-derived dairy products.The strategic location of the facility with intermodal transportation will also provide a transportation and distribution network to serve the rapidly growing middle East and Asia Pacific area.

“We are proud to be part of the UAE’s Next Generation FDI programme and thank the KEZAD Group for the strategic partnership,” said David Buka, founder and CEO of Change Foods. “The next generation of foreign direct investment is prioritizing the successful scaling up of new sustainable food technologies like ours that can provide significant environmental and economic development benefits. Our companies help the world transition to a more sustainable place by scaling new food production technologies The strategic alignment behind the vision for a sustainable food system starts from the beginning.”

Change Foods pioneered precision fermentation technology, combining century-old fermentation technology with the latest bioengineering tools. The milk protein produced by precision fermentation is identical to that produced by cows, so the resulting cheese retains the original texture, taste, stretch and melting properties of traditional dairy cheeses.

Change Foods is primarily focused on the growing cheese industry, $83 billion Global food category and one of the most popular foods in the world. “Raising animals for food is an inefficient and resource-intensive process that contributes significantly to global greenhouse gas emissions, and we think we can have a positive transformational impact on this dynamic and growing industry,” said Bucca. This will be a great example of how embracing new technologies can help us overcome regional food security challenges.”

With this announcement, the UAE continues its foray into the world of food innovation.Government to show its commitment in 2024 Dubai host COP28, the United Nations Climate Change Conference. The United Nations is working to drive global action and develop policies and investments to actively support the decarbonization of the energy and agriculture sectors to limit global warming to 1.5 degrees Celsius under the Paris Agreement.

Change Foods makes major strides in UAE

“Change Foods is an outstanding example of emerging food technology investment United Arab Emirates Looking to build a sustainable, safe and affordable food system to meet growing local and regional needs,” Thani bin Ahmed ZeyudiUAE Minister of State for Foreign Trade.

“Initiatives such as NextGen FDI are helping to accelerate the development of a knowledge economy where advanced technologies can be applied to meet the challenges of sustainable manufacturing and food security. We are delighted to welcome Change Foods to the UAE and further advance the nation’s food technology ecosystem, which will help reduce our dependence on imports, increase local production and inspire further innovation,” he added.

Bucca said his team is now in the facility design phase.

change food Animal-free dairy products are being produced using precision fermentation technology, starting with cheese. By harnessing the power of microorganisms rather than animals to create real milk proteins and fats, the company is producing animal-free dairy products that are indistinguishable in taste and texture from their animal-based predecessors, while delivering more sustainable and better product you. Change Foods is a US-Australian food technology company headquartered in Palo Alto, California
https://www.changefoods.com/

KEZAD Group is the UAE’s largest operator of integrated economic zones, business services, employee accommodation and industrial real estate solutions. It offers a wide range of business solutions for all types of business activities such as manufacturing, logistics, trade and distribution.
https://www.kezadgroup.com/

The next generation of foreign direct investment is a national initiative launched by the Ministry of Economy July 2022 Designed to attract strategic businesses from around the world and provide them with the necessary market access base they need to launch and expand within the UAE.
https://www.moec.gov.ae/en/nextgenfdi

Sources change food