Today, Protein Industries Canada announced an investment into a
project aimed at opening new markets for pulse-based proteins by
increasing their functionality in high-value ingredients.
Ingredion Inc., Ingredion Plant Based Protein Specialties
(Canada) Inc., Verdient Foods Inc., T Base 4 Investments and O.M.D.
Food Products are partnering to commercialize new technology that
will improve the functionality of pulse-based ingredients.
Initially focusing on yellow peas, the partners will use physical
processing techniques to turn the commodities into ingredients that
will be available to food processors and manufacturers in Canada
and internationally.
“This innovative project is a great example of how the Protein
Supercluster is playing an important role in the modernization of
Canada’s plant protein sector. Through this collaborative effort,
these companies are demonstrating what it truly means to be global
innovation leaders by creating better tasting ingredients for
plant-protein alternatives, and new markets for Canadian pulse
growers,” said the Honourable Navdeep Bains, Minister of
Innovation, Science and Industry.
“The partnership announced today will help the plant proteins
sector remain on the cutting edge of agricultural innovation,” said
the Honourable Marie-Claude Bibeau, Minister of Agriculture and
Agri-Food. “This investment will both add value to Canadian pulse
farmers’ crops and grow our exports.”
The project is expected to lead to the expansion of applications
that will broaden the markets for pulses by improving their
functionality as ingredients in plant-based protein products.
Following the processing of yellow peas, the partners expect to
shift their work to commodities such as lentils, chickpeas, green
peas and faba beans. As it progresses, the project is expected to
create up to 30 new Canadian jobs.
“The difference these partners are going to make in the lives of
Canadians is incredible to think about,” Protein Industries Canada
CEO Bill Greuel said. “From the farmers who’ll have new markets for
their crops, to the processors who’ll have new ingredients to work
with, to the families who’ll have new products on their plates,
everyone along the value chain will have something to look forward
to. It represents a true expansion and strengthening of the
plant-protein ecosystem.”
A total of $25.7 million has been committed to the project, with
the partners investing $12.8 million and Protein Industries Canada
committing an additional $12.8 million. The partners expect the
pulse-based ingredients to be of interest to large-scale food
processors and manufacturers throughout Canada and international
markets, helping drive further investment into Canada’s economy and
the plant-protein sector.
“Ingredion is excited to advance our specialties strategy by
providing high-quality ingredients that address consumers’
preferences for sustainable, plant-based alternatives,” said Beth
Tormey, Ingredion’s vice president of plant-based proteins.
“Protein Industries Canada’s contribution will accelerate our work
by enabling the use of new technology and innovation to create a
more inclusive and sustainable food system. By coming together with
other consortium members, we will produce the next generation of
ingredients that can be used by food manufacturers in Canada and on
a global scale. Development of our first products are underway, and
we expect that these efforts will benefit food manufacturers
following continued innovation and investment.”
“Ingredion looks forward to partnering with industry leaders
from the consortium to produce high-value, sustainable ingredients
and contribute to the global expansion of Canada’s role in
plant-based proteins,” said Jorgen Kokke, Ingredion’s executive
vice president and president, Americas. “This project complements
our pulse-based protein portfolio, aligns with our growth strategy
and accelerates our ability to deliver consumer-preferred foods and
beverages to global markets.”
“The Verdient Foods team is thrilled to be a part of a such a
critical project to bring new plant-based ingredients to a global
marketplace,” said former GM of Verdient Foods and Senior Advisor
to IPBPS and Ingredion Incorporated Blair Knippel. “Protein
Industries Canada’s contributions will lead directly to ongoing
improvements to the manufacturing capabilities in Vanscoy. The
project solidifies Verdient Foods’ original vision, which is to
position as key contributor to the plant-based protein movement and
leader in sustainable food ingredient production.”
“We share a common vision with Protein Industries Canada, and
with our valued partner, Ingredion, a leading ingredient solutions
provider,” Verdient co-founder James Cameron said. “That shared
vision is to create a broad range of sustainable plant
proteins and plant-based products to meet the explosive growth in
demand. Our goal is to add value within Canada, rather than
just shipping megatonnage overseas at commodity prices. To add
jobs and grow our GDP.”
“OMD’s mission is to shine a light on the food industry and
celebrate a new way of relating to food and eating,” said Suzy Amis
Cameron, founder of OMD. “Plant-based foods and beverages not only
increase our health, but that of the planet. Working with
Ingredion, the PIC project provides OMD with an opportunity to
bring new plant-based food products to broader consumer market one
meal at a time.”
With this being its 12th project announcement, Protein
Industries Canada and industry together have invested approximately
$272 million into plant-protein technology projects. Protein
Industries Canada is currently accepting its third round of
Expressions of Interest for its Technology and Capacity Building
programs.
For more information:
Miranda BurskiProtein Industries CanadaRegina,
SK306-581-1340miranda@proteinsupercluster.ca
About Ingredion Plant Based Protein Specialties
(Canada), Inc.Ingredion Plant Based Protein
Specialties (Canada), Inc., a member of the Ingredion group of
companies, is located in Vanscoy, Sask., and manufactures
pulse-based ingredients with improved functionality.
About Ingredion
Inc.Ingredion Incorporated (NYSE:
INGR), headquartered in the suburbs of Chicago, is a leading global
ingredient solutions provider serving customers in more than 120
countries. With 2019 annual net sales of more than $6 billion, the
company turns grains, fruits, vegetables and other plant-based
materials into value-added ingredient solutions for the food,
beverage, animal nutrition, brewing and industrial markets. With
Ingredion Idea Labs innovation centres around the world and more
than 11,000 employees, the company co-creates with customers and
fulfills its purpose of bringing the potential of people, nature
and technology together to make life better.
About VerdientSituated in the
heart of Canada’s pulse-crop growing region, Verdient Foods Inc.’s
Vanscoy, Sask., operation naturally processes pulses into
ingredients for food and industrial manufacturers.
About O.M.D. Food ProductsO.M.D. Food Products
Corp. is the Canadian manufacturing arm for Suzy Amis Cameron’s
global “One Meal a Day for the Planet” movement. OMD envisions the
health, animal and environmental benefits of global citizens eating
at least one plant-based meal a day.
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