One of many main challenges going through 3D printed meals is its scalability compared to conventional meals manufacturing. The 3D printing trade usually focuses on creating small objects. It could possibly produce tens of hundreds of thousands of listening to aids, a whole bunch of hundreds of thousands of invisible aligner molds, and tens of hundreds of thousands of dental bridges and crowns yearly. Nevertheless, this stuff are all comparatively small.
Distinction this with the meals trade, the place the consumption volumes are staggeringly excessive. Take into account the billions of hamburgers consumed every year. To place it in perspective, over 200 million chickens, 3.8 million pigs, 12 million geese, and 900,000 cows are slaughtered every day for meals. To meaningfully substitute meat consumption, 3D printing of meals would want to scale up massively, probably to the extent of manufacturing one million tonnes per day. This presents a formidable problem for the rising manufactured meat trade, which should take care of not solely technological and logistical hurdles but in addition the sheer scale of demand.
So, it’s certainly promising to listen to that the Austrian startup Revo Meals is planning to extend its manufacturing capabilities. The corporate is about to implement a multi-nozzle system, a major step ahead in its manufacturing course of. Revo Meals has already made strides in creating salmon fillets utilizing the Revo FFX1 and is now seeking to advance additional with the Revo Meals Fabricator.
The corporate has two patents for a brand new extruder system. This method is particularly optimized for plant-based supplies to be constantly extruded after which mixed with fats. Furthermore, Revo Meals’ collaboration with Mycorena has led to an enhancement within the mycoprotein, making it extra appropriate for large-scale manufacturing. Revo’s salmon filet has a Nutriscore ranking of ‘A’, indicating a excessive dietary worth.
The corporate claims that this improvement will pave the best way for mass customization in meals manufacturing, enabling the creation of novel “buildings, shapes, or textures” on a big scale. By customizing textures and incorporating fat with plant-based proteins, Revo goals to provide interesting options to meat and fish.
“3D meals printing on an industrial stage permits us to alter the best way we take into consideration meals. Merchandise that had been beforehand very unique and extra prone to be present in gourmand eating places can now be produced on a big scale. I’m excited concerning the new inventive alternatives that speak in confidence to meals product builders with the assistance of this expertise,” mentioned Revo Meals CEO Robin Simsa.
To finance its growth, the corporate plans to boost new capital from January 18 to April 18, 2024. In a earlier public funding spherical, Revo secured €435,000. At present, its purpose is to boost €1.5 million, valuing the corporate at €15 million. To this point, over €500,000 has been contributed by 101 buyers. The startup is now focusing on a broader funding by means of the FunderNation platform, operated by Triangle Investments. Notably, investments on this platform can begin from as little as €100.
The corporate goals, by Q3 of this 12 months, to function eight manufacturing traces able to producing eight tonnes per 30 days. From this, Revo anticipates producing income of €135,000. With a worth of €16 per kilo, this undercuts the retail price of normal salmon, which is often round €23 per kilo in European supermarkets. At present, Revo has 20 distributors, who’re prone to provide each eating places and supermarkets. The eventual shopper worth stays to be seen. If the corporate achieves the proposed volumes and pricing, direct-to-consumer gross sales could possibly be extra viable. This strategy of proudly owning the client relationship may result in earlier profitability and higher market affect. Nevertheless, coping with supermarkets could contain worth pressures. Provided that the product is solely produced from fungi, transport may pose fewer challenges than with common fish. Nonetheless, to emphasise its premium high quality and compete straight with the fish they purpose to switch, positioning the product within the fridge part of supermarkets could possibly be a strategic selection.
The chance for 3D meals printing is immense, notably as consciousness grows about environmental destruction and the need for moral, accountable meals choices will increase. Concurrently, many fish species are nearing extinction, resulting in potential unavailability and rising costs for fish. Particularly, 3D printing salmon cost-effectively represents a major enterprise alternative. Norwegian salmon exports have been experiencing a 14% annual progress over the previous decade, with salmon costs averaging round $9.69 per kilo. At this worth level, Revo’s product could not undercut the price of wild or farmed salmon. Nevertheless, the corporate might capitalize considerably on the moral angle of its product. Reaching a aggressive promoting worth would unlock true market quantity. The uncooked salmon market is valued between $14 to $30 billion, relying on definitions. Incorporating moral concerns, Revo could possibly be positioned for substantial progress, supplied the agency can efficiently operationalize its idea.
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