Daiya prepares to launch next generation of plant-based cheese through major investment in fermentation technology
Daiya, the company that kickstarted the plant-based cheese category in North America 15 years ago, has announced a multi-million-dollar investment in fermentation technology that will enable it to create a plant-based cheese that is tastier, meltier, and stretchier than any other on the market. The investment will see Daiya lead the marketplace with a traditional fermented plant-based cheese across its portfolio, revolutionizing consumers' perception and experience of the category.
By combining traditional cheesemaking methods with modern technology, Daiya is making a plant-based cheese with similar characteristics to dairy-based products. While many brands in the category are exploring the incorporation of GMO techniques, such as precision fermentation, Daiya is perfecting the art of plant-based cheese making with an investment in natural fermentation. The fermentation site will sit in the company's state-of-the-art production facility in Burnaby, British Columbia – the largest standalone plant-based facility of its kind in North America.
"This is one of the largest investments in next generation plant-based cheese since we started the company 15 years ago, and with it Daiya is raising the bar for what consumers can expect from the category," stated Michael Watt, CEO of Daiya. "We believe that the future of plant-based cheese achieving parity to dairy lies in traditional fermentation techniques. I don't believe any brand has fully cracked the code on a formula that cheese lovers feel entirely confident in – Daiya is going to change that!"
The plant-based food industry has grown steadily over the past five years and is projected to reach a market value of US$95.52 billion by 2029. This growing trend has consumers shifting toward a plant-based diet, creating an opportunity for brands to provide a portfolio of quality and flavourful plant-based products that deliver an exceptional consumer experience. While the alternative milk and meat categories have been key players to date, there is now an opportunity for plant-based cheese to make its mark.
"We've worked with experts to develop a facility and formulation that is world-class," added Jamie Siu, R&D Director, Advanced Research and Technology at Daiya. "For our team to be able to deliver this fermented product has been no small task. It has involved extensive research and development in the traditional art of cheesemaking, applied in a plant-based setting."
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