Protein Industries Canada Launches $24.5 Million Plant-Based Food Development Project
Protein Industries Canada recently announced a new initiative in partnership with Roquette, Prairie Fava, BioNeutra, and Plant Up to advance plant-based food innovation and market diversification. The $24.5 million project seeks to enhance Canadian companies’ competitiveness by developing new ingredients and food products, improving process efficiencies, and exploring new market opportunities for co-products. The project will address several challenges currently faced by the plant-based industry, including increasing global competition and the demand for improved taste and ingredient functionality. Focusing on pea and fava beans, the consortium will work on developing new fava-based ingredients and applications for pea starch and fibre, expanding product offerings and creating new market avenues for protein, starch, and fibre. Government support Canadian Minister of Innovation, Science and Industry, The Honourable François-Philippe …