A briefing on the Plant Protein Company's development(2024.08)

Plant Protein Market

• YANTAI ORIENTAL PROTEINTECH CO.,LTD. will invest in a pea protein deep processing project with an annual output of 60,000 tons inMalaysia.
• Plant-based Meat company Redefine Meat has partnered with Swiss retail giant Coop.
• Plant-based company Above Food acquires a Spanish plant-based food business Brotalia
• German grain giant Bruggen has partnered with Frischli to meet the growing demand for plant-based milk in Germany. (Set up an oat milk joint venture).

Plant Protein Products Plan

•  Plant-based food brand Plantaway has launched its latest product—India's first plant-based chicken slices, Chick'n Fillet. (Made mainly from pea protein)
• Australian plant-based company Wide Open Agriculture has developed functionally enhanced pea and fava bean proteins. The gel, solubility, and stability of the protein were increased.
• Nissin Food Products Co. introduces a plant-based food product, nazo unagi, made from soy granular protein.
• Ripple Foods has launched Ripple Shake Ups, a plant-based protein shake designed for teens. (Pea protein)
• Ingredion announced the launch of its new pea protein, VITESSENCE® Pea 100 HD, in the United States and Canada. This pea protein gives a taste boost, reducing chalky, gritty, and bitter taste.
• Plant-based meat brand Plantaway launches two new products: pepperoni and sausage.(pea protein)
• Roquette presents a coconut milk drink    formulated with fava bean protein at IFT First 2024.
• "TerraMeat plant-based chicken" was launched by the plant-based milk company Elmhurst. (Hemp seed protein)

The Plant Protein Research Progress

•  Researchers in China have studied the effect of transglutaminase and laccase on pea protein gel properties.
• At the Future of Food Technology Alternative Protein Conference, more than 400 protein industry executives from around the world met to discuss how protein diversity can make food sustainable, affordable, and nutritious. Among them, mixed proteins (combining proteins from different sources together) are considered to be one of the key directions for the future of the alternative protein industry.