Following successful local partnerships to integrate plant-based steaks and fish into gourmet menus, Steakholder Foods (Nasdaq: STKH) announces a new agreement to bolster its presence in the growing plant-based food market.
Leveraging Steakholder Foods’s proprietary SHFISH premix blend to meet the highest taste, texture, and nutrition standards, the renowned frozen foods manufacturer Premazon will roll out new plant-based fish products.
“This newest agreement is the next step […] in our commercialization strategy”
Premazon, a key player in the institutional market, produces “warm serve” products optimized for superior nutritional values, including lower fat and sodium. It operates in Israel and boasts a vast distribution network encompassing hotels, restaurants, catering services, and various food service establishments. Through this partnership, it will expand its portfolio with a new line of plant-based white fish kebabs catering to a diverse and rapidly growing consumer base seeking sustainable plant-based alternatives.
Arik Kaufman, CEO of Steakholder Foods, shares, “This newest agreement is the next step, after Wyler Farms and Sherry Herring, in our commercialization strategy, which focuses on aligning with companies that can elevate Steakholder Foods’ profile and expand our product reach to new geographies and consumers.”
3D plant-based alternatives
Founded in 2019, Steakholder Foods specializes in technologies for food alternatives capable of replicating the intricate textures of traditional meats such as beef steaks, white fish, and shrimp.
The company develops and sells 3D-printing machines and proprietary premix blends, enabling manufacturers to produce high-quality, sustainable alternatives to industrial meat and seafood. It also explores cultivated meat and seafood for future offerings.
Steakholder Foods has introduced its SHMeat and SHFISH blends, made with GRAS (Generally Recognized As Safe) ingredients, to the US market. Additionally, it has agreed with the Industrial Technology Research Institute (ITRI) of Taiwan to develop plant-based products tailored to Taiwanese cuisine.
Driving growth in alt protein
According to the company, the partnership with Premazon is set to generate significant revenue for Steakholder Foods, enhance its operations, and position it for future global expansion and additional collaborations with other manufacturers.
Kaufman adds, “By leveraging Premazon’s manufacturing and distribution capabilities, we will not only broaden our market presence but also unlock monetization opportunities that will drive our growth in the alternative protein sector.”
