Renmatix has signed a distribution agreement with The Ingredient House. Together, Renmatix said, the two companies see the potential to replac eggs in baked goods by incorporating Simple Cellulose, a new plant-based ingredient that is said to provides manufacturers up to 50% in cost-in-use savings. The two companies see growth opportunities in supporting the clean label movement with Simple Cellulose, which exhibits multifunctional property benefits in emulsification, texturizing, moisture retention and fat replacement.

Derived from pure plant materials and agricultural feedstocks, Simple Cellulose allows food producers to replac eggs and fats, as it enhances the efficiency of texturizing ingredients and the moisture retention required for freshness extension - all while undercutting the cost of conventional ingredients. Simple Cellulose has also shown advantages in gluten-free and vegan baked goods and its breakthrough properties are currently being realized in baked goods such as breads, muffins, cookies and donuts. Future targets include soups and sauces, meat and dairy systems, and many other food ingredient applications.

"Today were happy to be entering a new era in food in which consumer appetite for healthier foods and clean labels is balanced with higher-quality ingredients and cost savings for food producers. This has always been the promise of plant-based ingredients, and the growth and interest weve seen just since IFT this summer has been amazing," said Mike Hamilton, Renmatix CEO. "The demand for novel plant-based ingredients like Simple Cellulose, coupled with the proven go-to-market success of The Ingredient House, provides an exciting next chapter for consumers. The relationships and track record that The Ingredient House has with its customer base, combined with the introduction of Simple Cellulose, will further allow it to serve shifting U.S. consumer food preferences and support cost savings in production for its customers."

"Were pleased to be joining with Renmatix to bring this unique ingredient to the food market, and our early market efforts will focus on leading bakery manufacturers," said Graham Hall, CEO of The Ingredient House. "Renmatix has achieved a true breakthrough with Simple Cellulose, offering multifunctional property benefits and cost savings to the baked goods industry. Given our ability to penetrate a supply position within the leading bakeries in the U.S. and our proven ability to deliver customer growth with innovative products, we expect to quickly realize market success promoting Simple Cellulose across our target customer base."