NextFerm Announces New Balkans Plant Producing $10M of Fermented Protein
NextFerm Technologies of Israel announces a strategic manufacturing agreement with a subcontractor in the Balkan region for the production of its fermented vegan protein, ProteVin. NextFerm is a food tech company dedicated to developing innovative and functional non-GMO yeast-derived vegan protein alternatives and nutrients for the food, food supplement, and non-animal-derived protein markets. The company’s forerunner product is ProteVin, a vegan protein with animal-like nutritional value and a neutral flavour, which will now be produced in Europe. ProteVin is designed for various categories in the alternative protein market, including milk and dairy substitutes, meat substitutes, and additional categories such as infant nutrition, adult nutrition, and sports nutrition. According to the company, the newly commissioned production plant will have an annual capacity for ProteVin production of up …