Periodic Reporting for period 1 - DouxSweet (Novel Flavour Delivery Technology for Sugar Reduction)
Reporting period: 2016-09-01 to 2017-02-28
The food and beverage industry is therefore urgently looking for solutions to reduce sugars while retaining existing taste profiles that customers prefer. Achieving a controlled reduction of sugar consumption will only be possible if consumers will be offered the sensory experience they like and are accustomed to in products they choose. Current sugar substitutes cannot provide this.
DouxMatok provides a solution to enhance sugar sweetness perception with no aftertaste
through its flavor delivery technology.
The objectives of the DouxSweet SME Phase 1 project are to review all key elements of our Innovation Project from R&D until the smallest figures in the business plan. This will prepare us for the next critical steps in the DouxMatok Business Innovation Project which will focus on the scale-up in our production and, finally, commercially launch of food products based on the DouxMatok technology.
Combining the feedback of these food manufactuerers with the market research performed during this DouxSweet project, we developed a detailed business plan which combines two operating models (third party manufacturing and licensing) to grow our business substantially and controllably over the coming years. The operating models differ per product and market and take into consideration the financing needed to succeed.
The scale-up needed over the coming years has been closely studied to provide the strategy and cost structure (both capex and opex) which will provide us with the best and fastest way to commercialization.
Combining all elements of the Feasibility Study, The DouxMatok Business Innovation Project will continue as planned with the aim to generate massive positive impact for food manufacturers and consumers.