Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the BioTech industry. This time, you get to discover 5 hand-picked nutraceutical startups.
Global Startup Heat Map: 5 Top Nutraceutical Startups
The 5 nutraceutical startups you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 nutraceutical startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 745 companies we analyzed for this specific topic.
Algarithm – Dietary Supplements
Dietary supplements provide nutrients that may be lacking in people’s diets depending on the culture and climate of where they live. For instance, omega-3 fatty acids, naturally found in fish, provide many health benefits, including lowering blood pressure, reducing the risk of diabetes, and anti-inflammatory actions. However, mass-scale fisheries are not a sustainable way to harvest omega-3. BioTech startups are developing sustainable methods to produce omega-3 for dietary supplements.
Algarithm is a Canadian startup developing omega-3 solutions for dietary supplements, as well as for food and beverages. The startup’s algal oil, alphamega, contains 40 % docosahexaenoic acid (DHA) and mixed tocopherols. The product provides the nutritional benefits of omega-4 without the smell or taste of fish. Algorithm’s products are plant-based, non-GMO, and manufactured in good manufacturing practice (GMP) compliant facilities.
Kaffe Bueno – Natural Ingredients
There is an increasing demand for nutraceuticals, as well as pharmaceuticals and cosmetics, with natural ingredients. Some of these ingredients include spirulina, baobab, and essential oils. Often, the ingredients are organic-certified, further providing transparency to consumers of where their food and nutraceuticals come from. BioTech startups are developing nutraceuticals from a range of natural food ingredients.
Danish startup Kaffe Bueno uses green chemistry and biotechnology to produce natural ingredients. The startup’s process converts spent coffee grounds into active ingredients for nutraceuticals and cosmetics. Kafflour, the startup’s upcycled flour, is gluten-free, caffeine-free, and contains dietary fibers and potassium. The flour contains twice the amount of protein as compared to the brown rice flour and lesser fat than coconut flour.
KetoSwiss – Medical Food
In addition to preventing the onset of disease, nutraceuticals also enable the dietary management of diseases. This category of nutraceuticals, known as a medical food, fulfills the distinct dietary needs of a patient. BioTech startups are investigating many formulations as medical foods. Unlike supplements or natural ingredients, medical food needs to be clinically validated to be labeled as such.
KetoSwiss is a Swiss startup developing a novel medical food. MigraKet is a ketone-rich ingredient that provides dietary preventive therapy for migraine patients. A single dose provides up to 12 hours of sustained therapeutic ketosis. The product contains human identical metabolites that are usable by the brain as an alternative fuel source.
Personalinx – Functional Food
Functional food items protect against disease, promote healthy growth and development, and prevent nutrient deficiencies. They are fortified with nutrients such as vitamins, probiotics, minerals, and fibers. BioTech startups fortify food items like juices, yogurt, grains, and cereal to offer nutrient-rich functional foods.
Israeli startup Personalinx develops a science-backed functional food. The startup’s solution, pollunex, protects pregnant women and their fetuses from air pollution. The bio-functional food supplement strengthens the body’s immune system to prevent physiological damages related to air pollution. The product also meets the nutritional recommendations for pregnant women.
Canomiks – Formulation Testing
As nutraceuticals use mostly natural ingredients, batch-to-batch variations lead to inconsistencies in the formulations. Artificial intelligence (AI)-powered solutions speed up formulation testing to standardize each batch. Moreover, such testing enables the development of formulations with desired properties for use as nutraceuticals or cosmetics. BioTech startups are leveraging formulation testing solutions to meet the needs of the nutraceutical and pharmaceutical sectors.
Canomiks is a US-based startup that offers a formulation testing platform for nutraceuticals. The GeneTune platform combines genomics, bioinformatics, and AI. It identifies the effects of different herbs and micronutrients on human genes. This enables the development of supplements and functional foods that target specific chronic conditions.
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