Fi Innovation Awards: Recognition for Outstanding New Industry Solutions

With the Fi Innovation Awards, Informa Markets once again honored companies that have responded to the trends and challenges of the ingredients industry with exceptionally innovative and creative solutions. This year’s Startup Innovation Challenge championed young companies in particular.

Environmental issues were key, as demonstrated by the large number of successful submissions in which sustainability played a vital role.

After a decisive pitch the day before Fi Europe & Ni, an eight-member jury consisting of food technologists, market analysts, management in the food and beverage industry and trade journalists, chose their favorites from the nominated companies.

The 10 winners in 11 categories received their prizes from Fi Europe brand director Julien Bonvallet and jury chairman Prof. Dr. Colin Dennis of the IFIS (International Food Information Service) Board of Trustees.

The winners of the Fi Innovation Awards are:

• Future of Nutrition Award: Vietnam Food Joint Stock Company
• Sustainability Champion Award: Palsgaard (CO2 neutral production)
• Clean Label & Natural Innovation Award: Chr. Hansen (HANSEN SWEET POTATO™, a red colorant from sweet potato)
• Functional Innovation Award: Bunge Loders Croklaan (Betapol Plus®, OPO fats for infant formulas)
• Reformulation Innovation Award: Chr. Hansen (SWEETY® cultures for sugar reduction in fermented dairy products)
• Protein Innovation Award: ICL Food Specialties (ROVITARIS™ FBX 360, a texturized protein from the faba bean)
• F&B Categories Innovation Award: Griffith Foods (‘Never Fry’, a plant-based coating system for meat and meat alternative products)
• Food Tech Innovation Award: Corbion (Verdad® Opti Powder N350, an antibacterial system for clean label formulations).
• Diversity and Inclusion Award: CP Kelco (Initiative “I belong”)
• Plant-Based Innovation Award: Fiberstar Inc. (Citri-Fi®, natural fibers from citrus fruits, as texturizer and fat replacement in plant-based meat alternatives)
• Organic Champion Award: In this category, the jury decided that three entrants were equally impressive, and could not choose between them.

In addition to the Innovation Awards, Fi Global hosted the Startup Innovation Challenge, an event launched in 2016 to showcase young and still unknown companies with forward-looking innovations. The winners of this year’s Startup Innovation Challenge are:

• Most Innovative Food or Beverage Ingredient: Amai Proteins (a designer protein that tastes like sugar with zero calories, zero glycemic index)
• Most Innovative Plant or Cereal-based Ingredient: Better Nature (special process for enhancing the nutritional and sensory qualities of tempeh)
• Most Innovative Alternative Food or Beverage Ingredient: FUMI Ingredients (scalable technology to produce novel proteins that can be used as egg white replacers)
• Most Innovative Process, Service or Technology supporting the Food or Beverage sector: Qwarzo (recyclable, biodegradable and compostable solution to replace, both fully and cost-effectively, single-use plastic).

At the conclusion of the ceremony, Prof. Dr. Colin Dennis commented: “The Panel was very impressed by the breadth and diversity of the innovations. In addition, the inclusion of the Diversity and Inclusivity Award this year highlighted the essential role the entire workforce can play in innovation across cultures and nations. The ingredients industry is to be congratulated on the speed at which it is responding to customer and consumer demands.”