Innovation Fueled by: TERRA, The Food + Ag Tech Accelerator
Industry Trend: Consumer Demands for Healthier Food Options
Consumers are increasingly preferring healthy and environmentally conscious foods due to increasing concerns about individual health and protection of the planet against depletion from factors such as climate change, overfarming, and more.
Griffith Food's Challenge
Griffith Foods, a leader in manufacturing food ingredients, had a limited portfolio in its healthy and environmentally conscious offerings, and therefore had few opportunities to meet this consumer demand and grow topline revenue.
RocketSpace partnered with Griffith Foods to explore business opportunities within emerging food tech, specifically with differentiated, environmentally conscious products that are nutritious without sacrificing taste.
Through the TERRA Accelerator, RocketSpace identified and recommended ReGrained, whose technology allows them to upcycle grain into a super-grain flour.
This food technology met Griffith Foods' sustainability initiative and solved for finding new, healthy, and cost efficient ingredients.
Results: Griffith Foods + ReGrained
The TERRA Accelerator enabled Griffith Foods to expand their product portfolio to drive topline revenue.
ReGrained’s technology provides Griffith Foods with a competitive advantage to utilize an exclusive ingredient that also provides cost savings and meets environmental and health standards.
"The strategic partnership between Griffith Foods and ReGrained offers an opportunity to work together and find new ways to nourish the world...It is imperative for food companies to create innovative solutions that safely and sustainably feed our growing communities."Brian Griffith — Executive Chairman, Griffith Foods
Corporate Innovation Services
ReGrained Investment Expands Griffith Foods' Portfolio and Crystallizes Their Commitment to Sustainability
"Our Purpose is to better align the food we eat with the planet we love. Our Edible Upcycling model changes the way we value food and the resources that support all life. We could not ask for a more mission-aligned partner that directly supports our strategic goals than Griffith Foods.
Griffith shares our authentic commitment to making the world a better place through food. Our strategic partnership will dramatically accelerate our ability to mitigate food waste and promote edible upcycling. We look forward to many years of 'Creating Better Together.'"