Icl to expand its presence in the plant-based meat-alternatives market
Icl announced that it is planning to expand its manufacturing capacity and r&d support capabilities for its rovitaris® alternative protein technology for the meat alternatives market. rovitaris® is a proprietary technology developed by icl, that supports the production of allergen free plant-based food. the product has excellent formability and can be adapted to virtually any meat, poultry or seafood substitute application to significantly improve taste and texture. rovitaris® has excellent freeze & thaw stability, which results in reduced costs for food manufacturers. one of the key advantages of rovitaris® technology is its flexible use in conjunction with a broad variety of vegetable protein sources. icl continues to develop new protein sources and to differentiate its offerings for its customers. upcoming launches and line expansions include textured vegetable crumbles, which will augment icl's existing offerings of pulse-based (pea and faba) proteins. using rovitaris® technology, food manufacturers can create plant-based meat alternatives that are virtually indistinguishable from their traditional meat counterparts. the flexibility of the technology enables the creation of customized applications and flavor profiles. rovitaris® provides solutions for burgers, hot dogs, deli meats, nuggets and fish sticks, providing on-trend innovation in the form of alternative protein solutions for vegan, vegetarian, and flexitarian consumers.
ICL Ratings Summary
ICL Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission