Lessons have been learned from the downturn in the plant-based protein marketplace, including what could have been done differently when it came to marketing, product development and consumer expectations.
Tag Archives plant-based protein
Plant-based protein navigates market reckoning
PROTEIN | Improved taste, texture and value are hoped to make the sector more competitive
Maple Leaf combines plant, meat protein divisions
Meat sales struggle in fourth quarter, plant sales drop
Maple Leaf will merge its plant and meat protein divisions and plans to expand in the U.S. market, the company said in February.
Faba bean research means high protein, less gas
The process of breaking down faba beans is an important sustainability tool, scientist says
[UPDATED: Mar. 5, 2024] Let’s get the obvious part out of the way. By separating “the good stuff” (protein, starch and dietary fibre) from faba beans, a University of Alberta researcher has improved on a process that minimizes human flatulence from eating them. That issue has long been a deterrent to mass acceptance of the
Researchers call for more pea acres
Peas are a powerhouse. Not only do they sport a low carbon footprint and contain a high amount of protein, but they come with their own nitrogen. So why aren’t more acres planted? Why it matters: Peas have seen a resurgence in Manitoba with the entry of new processors in recent years. The biggest reason is risk of root
Merit Foods co-owner Burcon partnering on bid for assets
Unnamed 'plant protein company' now in on Burcon's bid
A major shareholder in beleaguered pea and canola protein processor Merit Functional Foods has brought on an unnamed partner in its bid to buy the business out of receivership. After announcing last month it would submit a bid for the next-to-new Merit assets, Vancouver-based plant protein firm Burcon NutraScience said Monday it’s now “participating in
Bidding open for Merit Foods for two more weeks
Stakeholder Burcon plans to put up 'compelling bid'
The fate of Winnipeg pea- and canola-based protein processor Merit Functional Foods won’t be confirmed until the end of April at the earliest. Merit, whose major shareholders include Vancouver plant-based protein firm Burcon NutraScience, U.S. agrifood firm Bunge and former executives of Hemp Oil Canada, was placed into receivership March 1. According to the first
Plant protein processor Merit Foods in receivership
Company owes $95 million to EDC, FCC
The company behind a new Prairie processing plant extracting plant-based proteins from peas and canola has landed in receivership, in the high eight figures’ debt to its secured lenders. PricewaterhouseCoopers (PwC) on Wednesday announced it’s the receiver for both Merit Functional Foods Corp. and the numbered company that owns Merit’s processing plant and property in
Fake meat challenges name ban in Paris restaurant debut
The arrival of veggie meat dishes on Parisian steakhouse menus with names such as “tenderloin” and “flank” poses a challenge to French government efforts to ban meat names for plant-based products. The global market for plant-based meat-like food has been booming, attracting major investment from global agri-food groups that hope to capitalize on a trend
Meatpacker JBS to close U.S. plant-based foods business
Chicago | Reuters — Brazilian meatpacker JBS is closing its U.S. plant-based foods business, Planterra Foods, after about two years, the company said on Monday. The closure signals increasing troubles in the plant-based protein sector, where U.S. sales are flattening. Colorado-based Planterra sold fake meat under the Ozo brand, but JBS will now focus on
Playing with food never gets old
FACES OF AG | Filiz Koskel continues a family tradition of working in food and agriculture
A Manitoba researcher specializing in plant proteins has won an award for emerging researchers. Filiz Koskel was one recipient of the Terry G. Falconer Memorial Award from the Winnipeg Rh Institute, aimed at rewarding early-career researchers. She is a food science researcher at the Food and Human Nutritional Sciences Department at the University of Manitoba
Cyber-Savvy Farmer
