- In June 2022, Roquette introduced two innovative Nutralys rice proteins, including a rice protein isolate and concentrate, to enhance the texture and nutritional profile of plant-based meat alternatives. These proteins offer a non-GM, gluten-free solution for consumers seeking high-quality plant-based options. Roquette’s launch aligns with the growing demand for sustainable and nutritious food ingredients. The new proteins were first showcased at the IFT FIRST event in Chicag
- In May 2022, BENEO, a subsidiary of Südzucker, acquired Meatless BV to expand its portfolio of functional ingredients. This strategic move strengthens BENEO’s offerings in texturizing solutions, addressing the rising demand for meat and fish alternatives. Meatless BV specializes in plant-based texturizing solutions, utilizing ingredients such as rice, faba beans, wheat, pea, lupin, and quinoa. The acquisition aligns with BENEO’s commitment to sustainable food innovation, enhancing its ability to provide high-quality plant-based alternative
- In February 2022, MGP Ingredients Inc. announced plans to build a state-of-the-art extrusion factory adjacent to its existing Atchison, Kansas facility. The USD 16.7 million investment aims to enhance in-house production of its ProTerra range of texturized proteins, reducing reliance on co-packers and improving manufacturing efficiency. The new plant is expected to produce up to 10 million pounds of ProTerra annually and will be completed by late 2023. This expansion supports MGP’s commitment to high-quality, sustainable food solution
- In January 2022, Kerry Group, a global leader in taste and nutrition, officially opened a 21,500-square-foot facility in Jeddah, Saudi Arabia. This $90 million investment is Kerry’s largest in the Middle East, North Africa, and Turkey (MENAT) region and is designed to produce high-quality, nutritious, and sustainable food ingredients. The facility supports Kerry’s commitment to healthier and more sustainable food solutions, catering to growing consumer demand in snack, meat, and bakery sectors
- In July 2021, Archer Daniels Midland Company (ADM) acquired Sojaprotein, a leading provider of non-GMO vegetable protein products with sales in over 65 countries. The acquisition aimed to enhance ADM’s protein production capabilities and strengthen its presence in Eastern Europe. Sojaprotein specializes in plant-based protein ingredients for various industries, including meat alternatives, confectionery, pharmaceuticals, and animal feed. The deal aligns with ADM’s strategy to expand its alternative protein portfolio and meet the growing global demand for sustainable food solution
