Cargill wins big at Fi Europe Innovation Awards

Cargill wins big at Fi Europe Innovation Awards

Cargill's Indulgence Redefined™ and TruPet™ postbiotic are recognized for brilliance in innovation at Fi Europe 2024

The Cargill Indulgence Redefined team, from L-R Clemence Leotard, Bengisu Corakci, Anne Mertens-Hoyng, Adam Maxwell (CEO Voyage Foods), Douwe Ruppert, Frank Hollander

Frankfurt, Germany (25 November 2024) - Cargill scooped two of the nine awards presented at Fi Europe's Innovation Awards, which took place last week at Fi Europe in Frankfurt, celebrating food and beverage innovations across categories ranging from dairy alternatives to pet food innovation.

Cargill Indulgence Redefined™ - a confectionery alternative to chocolate developed in collaboration with Voyage Foods - won the Future Foodtech Innovation Award. Voyage is decoupling foods from traditional source raw material - creating new alternatives to the food and drink we love while striving to be more sustainable[1], scalable and cost effective.

The backbone of Cargill Indulgence Redefined™ is Voyage's patented technology, based on gently roasted and processed regionally available raw materials, providing new alternatives to indulgent treats with a focus on sustainability, fully plant based and with no nuts in the recipe formulation. Described by the judges as "a revolutionary toolkit", this breakthrough technology offers a range of delicious alternative solutions to cocoa, hazelnut and peanut-based products for bakery, chocolate confectionery, ice cream, and cereals.

"The world around us is changing, with a rapidly growing population and a growing demand for more sustainable foods. We need to develop a future-proof food model capable of efficiently replicating consumers' favorite food products in a more sustainable way," explains Anne Mertens-Hoyng, Cargill Category Leader for chocolate confectionery, and ice cream. "Our unique confectionery alternative to chocolate strives to be planet-friendly with a focus on sustainability, offering consumers the taste they love, without the cocoa."

Cargill was also recognized in the newly created Pet Food Innovation Award for its ultra-concentrated TruPet™ postbiotic[2], which unlocks gut health, immunity, and vitality benefits by nourishing a rich gut microbiome.

For just a fraction of one percent of a finished product formula, TruPet™ can help pet food brands innovate and differentiate because it retains efficacy through modern pet food processing conditions like retort, extrusion, and high-pressure, avoiding microorganism survivability challenges experienced with other health ingredients.

Dr. Mark Franklin from Cargill, explains, "The pet food industry has undergone a massive transformation in recent years. Pet parents now have more nutrition choices than ever and are adopting a 'good for me, good for my pet' mindset. To meet rapidly evolving consumer demands, Cargill's TruPet™ ultra-concentrated postbiotic is a single ingredient that supports multiple health benefits that consumers highly value."

Cargill presence at FiE 2024 highlighted several prototypes to demonstrate its continued investment in innovation. Cargill is committed to partnering with new players who offer new technologies and capabilities, offering scale and breadth of experience to turn ideas into reality.

About Cargill

Cargill is committed to providing food, ingredients, agricultural solutions, and industrial products to nourish the world in a safe, responsible, and sustainable way. Sitting at the heart of the supply chain, we partner with farmers and customers to source, make and deliver products that are vital for living.

Our 160,000 team members innovate with purpose, providing customers with life's essentials so businesses can grow, communities prosper, and consumers live well. With 159 years of experience as a family company, we look ahead while remaining true to our values. We put people first. We reach higher. We do the right thing-today and for generations to come. For more information, visit Cargill.com and our News Center.

Cargill Australia is a member of Grain Trade Australia (GTA).

About Cargill Indulgence Redefined

In April 2024, Cargill became Voyage Food's exclusive B2B global distributor of the confectionery alternative to chocolate and spreads, expanding the availability of new products across CPG and foodservice companies.

[1] It offers:

• 61% reduction in carbon footprint* **
• 90% lower land-use related impacts* **
• 95% lower water footprint than chocolate.* **

Disclaimers:

*Results presented indicate the upper bounds of reductions across the alternative products assessed when compared to chocolate. For chocolate products a representative commercial product with similar manufacturing conditions are determined. This is not intended to represent the totality of the chocolate industry but rather a realistic market average for indicative comparative assertations.

**The underlying LCA study incorporates the European Commission-recommended PEF impact assessment method and is 3rd party panel review for ISO 14040:2006 and ISO 14044:2006 conformance. Ex-ante results are ISO 14044 certified, iterations in supply-chain configurations will be accounted for. Report available at: Voyage Foods.

*** More information on claims can be provided on demand in further documentation.

About TruPet™

[2] TruPet™ is also known as TruMune™ in some markets.

The full list of the 2024 winners were as follows:

• Most Innovative Food & Beverage Ingredient: Perfat Technologies
• Most Innovative Plant-Based or Alternative Ingredient: Fabumin
• Most Innovative Service or Digital Solution Supporting the F&B Industry: Natural Trace
• Most Innovative Foodtech Solution: Yeastime
• Most Innovative Sustainable Solution (Jury's Choice award): Akoua