Novo Farina is a British company making texturised protein and other products from locally-grown yellow peas. And as consumers begin to demand alternatives to imported soy, demand is soaring.
Ingredion and Lantmännen Join Forces to Develop a Portfolio of High-Quality Pea Protein Isolates
Two ingredient companies, Chicago’s Ingredion Incorporated (NYSE: INGR) and Sweden’s Lantmännen, announce a long-term partnership to develop a portfolio of plant-based protein isolates derived from locally sourced yellow peas. The collaboration will focus on expanding the companies’ capabilities from sales to product innovation and process improvements. The goal is to cater to consumer demand for more appealing and healthier products with high-quality, plant-based proteins and to supply the growing alternative protein market, starting with Europe. According to GFI’s latest analysis, plant-based food sales in Germany, France, Italy, the Netherlands, Spain, and the UK reached €5.4 billion in 2023, up 5.5% from 2022, while volume sales were up 3.5%. “By joining forces with Lantmännen, we are expanding our footprint in the European market. This marks a significant …
