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Plant based reformulation is growing because it now wins on economics, not just values across Journey Al data it moves the nutrition score +26.9%, cuts cradle to gate CO2e -42% per serving, and lowers raw material cost -6.5% versus an animal protein control while cutting supplier lead times from 14 weeks to 6.
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We are proud to announce that Journey Foods has been selected as one of THRIVE's Top 100 Global Innovators in the 2024 THRIVE Global Impact Challenge. This recognition places us among an elite group of companies driving innovation in the agrifood technology sector, specifically in the Nutrition & Health category.
The THRIVE Global Impact Challenge identifies and celebrates companies that are developing groundbreaking solutions to advance the future of food and agriculture. The Top 100 Global Innovators represent the most promising and innovative companies across five critical sectors:
This recognition coincided with the THRIVE Global Impact Summit, held on November 6-7, 2024, in Silicon Valley. The summit brought together industry leaders, innovators, government officials, corporate partners, and investors to explore cutting-edge trends and address critical challenges in agrifood tech innovation.
The event featured comprehensive discussions on:
Being named among the Top 100 Global Innovators validates our mission and the impact of our technology in advancing nutrition and health solutions. This recognition comes at a pivotal time in the agrifood tech sector, as the industry focuses increasingly on sustainable practices and innovative solutions to global food challenges.
We are honored to be featured alongside other groundbreaking companies in THRIVE's Global Innovators Top 100 Map, which showcases the diverse and innovative solutions being developed across the global agrifood tech ecosystem.
THRIVE is a leading organization in the agrifood technology space, dedicated to advancing innovation in agriculture and food production. Their annual Global Impact Challenge and Summit serve as crucial platforms for connecting innovators with investors, corporates, and fellow entrepreneurs who are driving change in the agrifoodtech and climate tech sectors.
This recognition reinforces our commitment to continuing our work in revolutionizing the food industry through innovative technology and data-driven solutions. We look forward to the opportunities this achievement will bring and to continuing our mission of transforming the future of food.
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In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers reaching spec parity.
In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers reaching spec parity.
In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers reaching spec parity.
