CSIRO published a report this week identifying opportunities for economic recovery of the Australian industry and discusses the advantages the pandemic has created. According to the report, the domestic plant-based industry could play a major role in the future Australian economy.
GrainCorp, v2food and CSIRO Collaborate for $4.4M Plant-Based Protein Research Project
Australia’s GrainCorp has announced it will be joining forces with alt-meat company v2food and the country’s national science agency, CSIRO, to conduct plant-based protein research. Through the partnership, GrainCorp is seeking to improve domestic manufacturing and supply chains for plant-based proteins in order to reduce reliance on imports. The company has already received funding from the Australian Government’s Cooperative Research Centres Projects to process canola, soy, fava bean, and chickpea protein. Together, the three organisations will identify infrastructure improvements needed to commercialise Australian crops — in particular, they will work to improve plant processing capabilities at GrainCorp’s site in Victoria. The Victoria state government has also recently announced it will support plant-based protein research by awarding a A$12 million grant to the Grains Innovation Precinct. …