CJ FNT was Globally Launched to Become a ‘Total Solutions Provider’ in the Food & Nutrition Market
- Synergizing the bio and food business competencies to target the global market for food & nutritional ingredient solutions
CJ Food & Nutrition Technology (CJ FNT), a newly established business unit within South Korea-based food & bio company CJ CheilJedang, targets the global food & nutrition market initially focusing on the United States.
The business unit officially announced the launch of ‘CJ FNT’ brand globally on February 13. Accordingly, the food and nutrition ingredients product portfolio such as ‘TasteNrich®,’ ‘FlavorNrich™,’ and ‘AMINATURE®’ will be sold under the CJ FNT brand.
CJ FNT was established at the end of 2022 by combining CJ’s food ingredients and nutritional solutions business, as well as the addition of future growth businesses such as alternative proteins and cultured proteins. This new organization aims to meet the growing needs of the wellness category and lead innovations in the global food & nutrition market by synergizing the top-notch business capabilities of CJ BIO and CJ FOODS.
CJ FNT's business structure
CJ FNT plans to become a ‘total solutions provider’ in the food & nutritional sector by 2025. To this end, it will quickly build up business competencies by securing a competitive edge in raw material and R&D, and by making strategic investments including M&A.
Looking ahead, CJ FNT will be focusing on developing next-generation ingredients and expanding the business, leveraging the organizational functions of its former predecessor – Human Nutrition & Health Business Division of CJ BIO. As global consumer interest in health continues to grow amid the COVID-19 pandemic, the market for healthy food ingredients & solutions is expected to grow from about $560 billion in 2021 to about $704 billion in 2025.
In this category, CJ FNT has successfully grown ‘TasteNrich®,’ a clean-label vegetable fermented seasoning blend, into a large-scale product with annual sales of $40 million in just two years after its launch. The BU also launched the world’s first non-electrolytic functional amino acid cysteine product ‘FlavorNrich™.’ With such a strong business performance model, CJ FNT will continue to introduce brand-new ingredients & solutions that will replace additives used to enhance the taste, aroma, texture and shelf life of food.
About CJ Food & Nutrition Tech (CJ FNT)
CJ FNT, a business unit of CJ CheilJedang, is a part of CJ Group, South Korea’s preeminent company in the fields of Food & Food Service, Bio & Pharma, Entertainment & Media, and Retail & Logistics.
CJ FNT is a leading supplier of fermentation-based bio-products such as an extensive line of ‘AMINATURE®’ amino acids for human nutrition at its multi-national manufacturing facilities worldwide.