Rickard Öste: Succes Faactors for Food Innovation

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FROM SCIENCE TO MARKET AND THE ROLE OF THE ANTIDIABETIC FOOD CENTER IN LUND RICKARD ÖSTE CEO, AVENTURE AB

Transcript of Rickard Öste: Succes Faactors for Food Innovation

Page 1: Rickard Öste: Succes Faactors for Food Innovation

FROM SCIENCE TO MARKET AND THE ROLE OF THE ANTIDIABETIC FOOD CENTER IN LUNDRICKARD ÖSTECEO, AVENTURE AB

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Oatly – a milk alternative for the worldThe problem: Milk – perfect for infants, but…The solution: Joint scientists at LU (physical chemistry, biotechnologynutriton) create oat based milk alternative The market: Everyone who uses or wants to use milk. Today, the company Oatly, formed around the concept,sells in 23 countries…

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Most important quality aspect of wheat?

The problem: outdated method for measuring bread volume 

(wheat flour quality)

The market: >15 000 customers worldwide

Solution: jonit effort at LU from electrical engineering and food science departments solved the problem

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From cereal quality to pharmaceutical quality

The problem: slow and inaccurate cereal quality assessment

The solution: automated assessment built on artificial intelligence, 

a joint effort from theoretical physics and food chemsitry at LU 

The market: the global cereal industry

New problem: product too expensive for target group

New solution: adapt technology for pharma industry

New market: the global pharma industry

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My experience from science to market in the agro‐food sector – the road to success through:

•Attitude: problem – opportunity

•True market potential

•Patience ‐ sustainable financing

•Interdisciplinary approach

•High competence

•IP protection

•PR from academia

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AFC: From research to market – a ”double good” example

√ Problem – opportunity

√Market potential

Sustainable financing..

√ Interdisciplinary approach

√ High competence

√ IP protection

√ PR from academia

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