Amid the rapid rise of the alternative meat market, HN Novatech, a company that developed alternative meat made with seaweed instead of vegetable substitute meat, is attracting attention.

With its slogan “Technology is the future,”HN Novatech manufactured alternative meat for the first time in the world byusing heme molecules extracted from seaweed and fish meat. The company staffsaid, “To overcome the barriers to entry into technology for alternative meatby using soybeans, grains, and vegetables, we are the first in the world toextract heme-like molecules from seaweed and develop alternative meats withfish meat applied to fish cake production.”

HN Novatech, which develops a variety ofalternative meat products such as hamburger patties, bulgogi, and sausages,says, "The technology for using seaweed heme molecules has a wide range ofapplications and we have sufficient amount." The company is getting manyinquiries about technology alliances and purchase of key biomaterials fromrelated food companies.

The company staff said, “It's delicious,and it’s low calorie food that does not contain any artificial additives. Weare going to increase brand awareness in the domestic market by advertising lowcalorie content and low saturated fat. Also, we are thinking of entering theglobal market after securing various distribution channels.”

HN Novatech received the Small and MediumVenture Business Corporation Chairman's Award in Technology Innovation Divisionat the 12th Korea Small and Medium Enterprise Innovation Awards in 2020.