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Category: Plant-based foods

ADM launches women-led plant-based Knwble Grwn line, nominates Dr. Brabander to board 

USA- Global commodity trader and processing company, ADM has launched a plant-based food ingredient line, Knwble Grwn, produced with regenerative agricultural practices by underrepresented farmers and led by a women-based team at ADM. ADM unveiled this brand at the Natural Products Expo West, held March 7-11 in Anaheim, explaining that the line will complement sustainability initiatives by advancing regenerative agricultural…

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ADM and Marel partner to increase alternative protein capabilities

NETHERLANDS- Chicago-based ADM has entered into a joint venture agreement with Marel, a leading provider of advanced food processing solutions, to build an innovation center to enhance the production of alternative proteins.  The innovation center will be at the heart of the Netherlands food valley at the Wageningen Campus and is set to open in the second half of 2024,…

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Global wheat protein market to reach US$3.65 billion in 2026: Research and Markets

GLOBAL- The global wheat protein market could reach US$3.65 billion by 2026, according to a Research and Markets report.    The Wheat Protein Global Market Report 2022: by Product Type, Form, Nature, Application, and Region provides strategists, marketers, and senior management with the critical information they need to assess the global wheat protein market. The wheat protein market consists of sales…

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Cargill partners with Cubiq Foods to develop and market alternative fats

SPAIN- Cargill and Spanish food tech company Cubiq Foods have product co-development and commercial go-to-market agreements in place to develop and market Cubiq’s plant-based fats. Cargill will add Cubiq’s plant-based “smarter fats”, including its Go! Drop emulsion of vegetable oils and water, to its ingredients and plant-based formulation offerings.  Cubiq CEO Andrés Montefeltro stated that having a market-ready product for…

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Global Soybean meal market to reach US$94.2 billion by 2031: Allied Market Research

GLOBAL- The global soybean meal industry is anticipated to generate US$94.2 billion by 2031, witnessing a CAGR of 4.9% from 2022 to 2031, according to Allied Market Research. The report, “Soybean Meal Market by Nature …, by Sales Channel…: Global Opportunity Analysis and Industry Forecast, 2021-2031“, was published last month. According to the report, the global soybean meal industry generated…

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Specialty wheat starches and proteins propel MGP Ingredient Solutions segment sales to US$115.9M in 2022

USA-  Higher sales of specialty wheat starches and specialty wheat proteins drove MGP Ingredient Solutions segment sales up 28% to US$115.9 million in 2022. Additionally, the segment’s gross profit increased to US$31.5 million, or 27.2% of segment sales, compared to US$22.2 million, or 24.5% of segment sales in 2021. The fourth quarter of 2022 also showed good performance for the…

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Upcycling food waste: Researchers use fermentation to produce cooking oil from corn husks

EUROPE -Researchers from Connectomix Bio are using ancient technology (fermentation) to turn agricultural waste into oils for food. The scientific breakthrough is timely as it could reduce methane emissions, improve food security and produce essential ingredients more sustainably. The one-year project which was funded by the Good Food Institute (GFI), an international NGO working to advance new ways of making meat was part…

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Bunge to expand soy protein ingredients production with new US$ 550M facility in Indiana

USA – American multinational commodity trading giant Bunge is planning to invest US$550 million in the construction of a new facility soybean processing plant at its site in Morristown, Indiana, USA. The fully integrated soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility is aimed to meet customer demands on key ingredients in the production of plant-based foods,…

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