All Updates

All Updates

icon
Filter
Industry news
Protein Industries Canada initiates CAD 24.5 million plant-based food expansion project
Plant-based Meat
Jun 18, 2024
This week:
Partnerships
Sheeva.AI and P97 Networks partner for in-car payment solutions at fuel stations
Auto Tech
Today
Product updates
Food Cycle Science launches 'Food Cycler Eco 3,' a household food waste processing bin
Food Waste
Yesterday
Partnerships
Von Holzhausen and Herman Miller partner to launch plant-based leather Eames Chair
Bio-based Materials
Yesterday
Partnerships
Volvo Cars partners with Beijing Shougang and Zhejiang Yiyun for automotive steel recycling
Waste Recovery & Management Tech
Yesterday
Funding
LanzaJet receives strategic investment from Airbus
Carbon Capture, Utilization & Storage (CCUS)
Yesterday
Funding
LanzaJet receives strategic investment from Airbus
Alternative Energy
Yesterday
Partnerships
Odie Pet Insurance partners with Insuritas to offer pet coverage through financial institutions
Pet Care Tech
Yesterday
Partnerships
Odie Pet Insurance partners with Insuritas to offer pet coverage through financial institutions
InsurTech: Personal Lines
Yesterday
M&A
Applied Systems acquires Planck for undisclosed sum to expand AI capabilities
InsurTech: Infrastructure
Yesterday
Product updates
Monzo launches pension consolidation product
Neobanks
Yesterday
Plant-based Meat

Plant-based Meat

Jun 18, 2024

Protein Industries Canada initiates CAD 24.5 million plant-based food expansion project

Industry news

  • Protein Industries Canada, an industry-led, non-profit organization, announced a partnership agreement with Roquette, Prairie Fava, BioNeutra, and Plant Up to advance plant-based food innovation and market diversification. The project intends to create new ingredients and food products, refine process efficiencies, and explore new market growth for co-products.

  • The collaboration will focus on creating new fava-based ingredients, finding uses for pea starch and fiber, and expanding through new products and new markets for protein, starch, and fiber. The project leader, Roquette, will be tasked with developing new ingredients and improving processing productivity, while Prairie Fava will expand fava bean grounds and improve dehulling technology. 

  • The CAD 24.5 million (~USD 17.9 million) funding comprises a ~CAD 10.7 million (~USD 7.8 million) contribution from Protein Industries Canada and ~CAD 13.7 million (~USD 10 million) from the four partners. The project also expects to receive support from the Canadian Departments of Innovation, Science, and Economic Development and Agriculture and Agri-Food. 

Contact us

Gain access to all industry hubs, market maps, research tools, and more
Get a demo
arrow
menuarrow

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.