BCBusiness

May 2024 – Women of the Year

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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W I N N E R 26 B C B U S I N E S S . C A M AY 2 0 24 L illi e L o ui s e M aj o r AKI KALTENBACH FOUNDER AND CEO, SAVE DA SEA FOODS A ki Kaltenbach always wanted to be an entrepreneur; it just took her some time to find out how she was going to get there. While running her family's Japanese restaurant in Whistler, she became vegan, but she had a difficult time finding alternatives for seafood. "It seemed obvious to me that plant-based food was the next big thing," she says. "We were seeing the rise of companies like Beyond Meat and Impossible Foods." ENTREPRENEURIAL LE ADER WOTY She started developing her own recipes using carrots to replicate smoked salmon and serving them in the restaurant. It was a side hustle for a couple of years before she validated the market for her products. In 2019, she made the leap to work on Save da Sea Foods full time. Originally, Kaltenbach didn't focus on selling packaged goods to retail customers—her idea was to sell her products to other restaurants. But, soon after she launched, the pandemic hit. "We quickly pivoted into creating a retail product. Today, 95 per- cent of our revenue comes from retail," she says. Despite the competition ramping up in plant- based food, Kaltenbach argues that the market for plant-based seafood is still underserved. "There are far fewer players than you see in plant-based milk, cheese or meat," she maintains. "And unlike meat, where we essentially eat three types, we eat dozens of species of seafood. There's so much opportunity. Even the companies that are out there have barely scratched the surface." Victoria-based Save da Sea has three offerings currently in the market—two smoked salmon varieties and a tuna salad product that's made from jackfruit. More are on the way, but Kaltenbach doesn't want to rush them. "In terms of future products, it's very important that they be minimally processed, with whole fruits and vegetables," she "There are far fewer players than you see in plant-based milk, cheese or meat."

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