Japan: 12 Companies, Including Sojitz and Marine Foods, Establish New Company to Develop Alt Meat
According to the Minato Shimbun, 12 food-related companies promote plant-based products, including Sojitz, Sojitz Foods, and Marine Foods. A new company, "Food Tech One," has been established to develop and sell meat substitutes. Participating companies other than the above three companies are ADEKA Corporation, F-Link Corporation, JALUX, Inc., Showa Sangyo Co., Ltd., Delica Foods Holdings Co., Ltd., Matsuya Foods, Marudai Food Co., Ltd., Meat One Corporation, and Royal Holdings Co., Ltd.. Sojitz and Sojitz Foods will hold over 67%...
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