Figure 1 shows a general scheme of the protein production process. Expected to be completed by mid-2020, the protein production facility, will initially process around 20,000 tons of peas per year. The supernatant from the dilution was further processed and finally spray dried to generate the second rapeseed protein isolate product (Supertein TM). This is mainly attributable to the high awareness among consumers about the extensive environmental and health benefits of adopting a vegetarian diet regime. Have a Look at Related Research Insights: Plant-based Meal Market Size, Share & Industry Analysis, By Product Type (Plant-based Dairy, Plant-based Meat, Plant-based Milk, Others), By Distribution Channel (Offline, Online) Others and Regional Forecast, 2019-2026, Plant-based Milk Market Size, Share & Industry Analysis, By Source (Soy Milk, Coconut Milk, Rice Milk, Almond Milk, Others), By Packaging (Bottles, Carton Packaging, Pouches), By Distribution Channel (Retail Stores, Online Channels, Specialty Stores, Others) Others and Regional Forecast, 2019-2026, Plant-based Snacks Market Size, Share & Industry Analysis, By Nature (Organic, Conventional), By Type (Wafers, Snack Bar, Cookies), By Source (Vegetable, Fruit, Cereal, Tubers, Legumes), By Distribution Channel (Mass Merchandisers, Convenience Stores, Online Retails, Specialty Stores)and Regional Forecast, 2019-2026, Dietary Supplements Market Size, Share & COVID-19 Impact Analysis, By Type (Vitamins, Minerals, Enzymes, Fatty Acids, Proteins, and Others), Form (Tablets, Capsules, Liquids, and Powders), and Regional Forecasts, 2020 – 2027. North America to Emerge as the Largest Regional Market; Asia Pacific to Register Phenomenal Growth. A research study conducted by the Oxford Martin School under the University of Oxford in 2016 revealed that if the majority of the global population switched to fruit- and-vegetable-based diets by 2050, it could reduce greenhouse gas emissions by 67%. Asia Pacific, on the other hand, is anticipated to showcase an excellent growth trajectory on account of increasing prevalence of lifestyle-related disorders, mainly diabetes and cardiovascular diseases. Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. North America, whose market size in 2019 stood at USD 2.29 billion, is expected to dominate the plant based protein supplements market share during the forecast period. The idea of recovering the proteins from canola has been around for a long time. Although oil-free canola meal contains 36–40% protein on a dry weight basis, non-protein components including fibre, polymeric phenolics, phytates and sinapine, etc. Supertein® and Nutratein® canola proteins are marketed by Merit Functional Foods Corporation under the brand names, Puratein® HS and Puratein®-C, respectively, and … Pune, Oct. 06, 2020 (GLOBE NEWSWIRE) -- The global plant based protein supplements market size is projected to reach USD 7.08 billion by 2027, exhibiting a CAGR of 5.1% during the forecast period. On to canola The two companies on Friday also agreed to extend the development period in their agreement on Supertein and Puratein, two canola protein isolates in the Burcon pipeline. In 2019, according to the International Diabetes Foundation (IDF), 463 million people were living with diabetes, and by 2045, this number will rise to 700 million. endobj protein micellar mass that was removed from the dilution step was spray dried to form the first canola protein isolate product (Puratein®). Burcon’s blend of its proprietary Peazazz® pea protein and Supertein® canola protein, branded as Nutratein-PS™, with its clean flavour and high solubility, is a protein blend for fortifying dairy-alternative beverages such as almond milk, or to formulate a standalone beverage with a nutritional value consistent with the gold standard of cow’s milk. This gradual shift in preference is also expected to stoke innovation among market companies, who are already developing protein supplements derived from plants. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> While some have been relatively insulated, several others are undergoing unparalleled suffering because of the pandemic. <>/Metadata 3046 0 R/ViewerPreferences 3047 0 R>> Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. %���� %PDF-1.7 May 2019: Canada-based Burcon NutraScience Corporation inked a joint venture agreement with an investment group to construct a facility worth CAD 65 million to produce canola-protein and pea-protein in Western Canada. The report also offers the following: Increasing Incidence of Diabetes Worldwide to Boost the Market. Nutratein-PS is a blend of Peazazz pea protein and Supertein canola protein. Actionable research into the regional developments and competitive landscape of the market. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future. 1 0 obj Burcon and ADM are currently investigating two possible alterations to the canola protein extraction process. According to the report, the global market value stood at USD 4.79 billion in 2019. The sudden outbreak of the COVID-19 pandemic has spawned unprecedented uncertainty and upheaval across industries and businesses. Top companies covered in plant based protein supplements market are Nuzest Life Pty Ltd. (New South Wales, Australia), Blue Diamond Global Ingredients Division (California, U.S.), Iovate Health Sciences International Inc. (Ontario, Canada), BENEO GmbH (Mannheim, Germany), Roquette Frères (Lestrem, France), Sakara Life, Inc. (New York, U.S.), Amway (Michigan, U.S.), Glanbia plc (Kilkenny, Ireland), Kerry Group plc (Listowel, Ireland), Danone S.A. (Paris France), and more players profiled. The oilseed not only has a high level of protein purity, without prohibitive fat levels, but it also has an amino acid content comparable to animal proteins and superior to that of soy proteins. <> Supertein® is a highly soluble canola protein isolate comprised principally of albumin proteins. <> Supertein(TM) is a canola protein isolate with functional properties including excellent solubility, the ability to form transparent solutions and foaming. Plant protein production facility designed to produce Burcon's Peazazz® and Peazac™ pea proteins, as well as Burcon's Supertein®, Puratein® and Nutratein® canola proteins. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. Burcon said the proteins have “distinct functional and nutritional characteristics, similar to the way that the two proteins in egg, egg-yolk and egg-white, have distinct characteristics.”. It will also produce Burcon’s branded pea protein isolates. The facility will produce Burcon NutraScience’s Supertein®, Puratein® and Nutratein® canola proteins, as well as Peazazz® and Peazac® pea proteins. The plant will produce Burcon’s Peazac and Peazazz pea proteins and Nutratein, Puratein, and Supertein canola proteins. The patented process for the production of Puratein and Supertein canola protein isolates separates the two naturally occurring proteins found in canola - cruciferin and napin. The extension gives the companies until March 1, 2012 to work on research aimed at “expanding the commercial value” of the canola protein products. Canola/rapeseed (Brassica napus, Brassica rapa, and Brassica juncea of canola quality) is the world’s second-largest oilseed crop.The primary product of canola/rapeseed (C/RS) is vegetable oil (40% by seed weight) and the protein-rich meal (38% protein by meal weight) is a coproduct. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Credit: Sherwood411. List of the Leading Companies Profiled in the Global Plant Based Protein Supplements Market are: Browse Detailed Summary of Research Report With TOC: https://www.fortunebusinessinsights.com/industry-reports/plant-based-protein-supplements-market-100082, https://www.fortunebusinessinsights.com/enquiry/customization/plant-based-protein-supplements-market-100082. Supertein is still in the company’s commercialization plans, he added. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. In addition, the IDF estimates approximately 374 million people are at a heightened risk of developing type 2 diabetes. "Canola protein is the number one candidate to replace animal-based proteins such as eggs," said Olsson. 24 May 2019 --- Burcon has entered into a joint venture partnership with an investor group to build a new C$65 million pea-protein and canola-protein commercial production facility in Western Canada. endobj Peazac ® pea proteins, Puratein , Supertein® and Nutratein® canola proteins and pea protein and canola protein (Nutratein®) blends; • marketing strategies for the Company's soy, pea and canola proteins as well as pea protein/canola protein blends; • development of commercial applications for soy, pea and canola protein A key factor driving the plant based protein supplements market growth is the rising prevalence of diabetes across the globe. x��X�S�8~�L�=J7�l��t��L�S�:��>p��6G�u��wW�r�8Py������+)��Y~.���u2l���KyN>$���S2�~Y&G�bYͲ������+�����2���~/�)�y!IJ,|f^����{����Ѽ�Kv`���s�'�.%��r �:�J����dd��I���>��{(a��|�ߛ������ 'IG��i�� v��:�@J�=��&���Ir����1I��Wֱ�M�[c���g�C�Fpi��k�DN.��2y[TB�j�;b. Abstract At present, canola meal is primarily streamlined into the animal feed market where it is a competitive animal feed source owing to its high protein value. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. https://www.fortunebusinessinsights.com/press-release/plant-based-protein-supplements-market-9072. Phase 1 production processing capacity of … Burcon mainly generates revenues through its two main canola protein fractions branded under the names Puratein and Supertein, which have royalty agreements with various farmers and companies. Rapeseed protein, also known as canola protein, is a valuable ingredient for human nutrition, according to research published during the summer in … We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. The second notice of allowance received relates to a patent application covering extraction procedures that improve the final colour profile of Puratein® canola protein isolate and Supertein? Potential long-term benefits of switching to plant-based diets will play a major role in fueling the adoption of plant proteins, shares Fortune Business Insights™ in its report, titled “Plant based Protein Supplements Market Size, Share & COVID-19 Impact Analysis, By Type (Soy Protein, Pea Protein & Wheat Protein), Distribution Channel (Mass Merchandisers, Pharmacies/Drugstores, Specialty Stores, Online Retail, and Others), and Regional Forecast, 2020-2027”. © 2021 GlobeNewswire, Inc. All Rights Reserved. 3 0 obj Similarly, almonds, according to a study published in the journal ‘Metabolism’, showed that eating one ounce of almonds before a fatty meal lowered blood sugar levels by 30% after the meal in diabetics. endobj This product contains a mix of proteins derived from different sources including pumpkin seeds, alfalfa, sunflower, and peas. Companies are bolstering this strategy with shrewd investments in niche domains, which is allowing them to broaden their presence in the market, strengthen regional position, and enhance brand value on the international scale. Tangible insights into the major growth drivers of the market; Elaborative overview of the industry trends and future outlook; Careful assessment of the challenges facing the market; and. 4 0 obj 20 Jan 2010 --- Burcon NutraScience Corporation has announced that a formal notification in accordance with the U.S. Food & Drug Administration (FDA) proposed regulation 62FR 18938 has been filed, having determined, based on a review of the data referenced in the notification that Burcon’s cruciferin-rich canola protein isolate Puratein and Burcon’s napin-rich canola protein isolate Supertein are Generally … For example, peanuts contain the amino acid arginine, which boosts insulin production in the body and stabilizes blood sugar levels. Burcon NutraScience produces Supertein, a highly-soluble canola protein isolate, and Puratein, a protein isolate composed of globulin proteins that can be used as an emulsifier and binder in food products. Burcon also signs joint product development agreements with traditional brands who want to use Burcon’s proprietary assets. Nuzest Life Pty Ltd. (New South Wales, Australia), Blue Diamond Global Ingredients Division (California, U.S.), Iovate Health Sciences International Inc. (Ontario, Canada), Recent Industry Developments - Policies, Partnerships, New Type Launches, and Mergers & Acquisitions, Potential Opportunities due to this Global Crisis. Proteins are essential in controlling and managing diabetes and plant based proteins are proving to be highly potent in performing these tasks. Similar trends will be observed in Europe, where countries such as the UK and France are swiftly pursuing vegan lifestyles. Supertein’s properties include “excellent” solubility, the ability to form transparent solutions and foaming, which would make it useful … Burcon describe puratein as "a high molecular weight protein" , which should be thought of as a "substitute for egg yolk" , while supertein is a "low molecular weight protein" and therefore "more comparable to an egg white." Burcon’s blend of its proprietary Peazazz pea protein and Supertein canola protein, branded as Nutratein-PS, with its clean flavour and high solubility, is a suited protein blend for fortifying dairy-alternative beverages such as almond milk, or to formulate a standalone beverage with a nutritional value consistent with the gold standard of cow’s milk. Initially, mild extraction conditions (pH 7) with the addition of 0.25 to 2% sodium hexametaphosphate (Shmp) were used (Thompson et al., 1982, Liu et al., 1982).By extracting the meal twice with 2% Shmp and precipitating by dilution at pH 2.5, a product containing over 77% protein was obtained, although only … 2 0 obj Thus, the wide benefits associated with proteins derived from natural foods will fuel the growth of this market. Empirical evidence supporting vegetarianism will prove instrumental in promoting the adoption of plant-based protein supplements, as protein supplements are usually derived from animal-based products. May 2020: Danone announces the commercial availability of its Vega One plant based protein products in China, with the Vega One Sport designed for sports enthusiasts in the country. Puratein, Burcon said, has functional properties that include emulsification, gel formation, thickening, formation of heat-stable foams, and water- and ingredient-binding, making it potentially useful in foods such as dressings, meat substitutes, baked goods and protein bars. Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Inquire Before Buying This Research Report: https://www.fortunebusinessinsights.com/enquiry/queries/plant-based-protein-supplements-market-100082, Key Players to Invest in Building a Diversified Product Range. Ross Burtnack said the Manitoba Canola Growers Association is looking for a partner to commercialize these canola protein products. The joint venture announcement came on May 23, the same day Vancouver-based Burcon NutraScience Corp. introduced two new ingredients. canola protein … stream ADVERTISEMENT “We’re trying to bring Peazazz to market first and then the canola protein will be out next,” said Lam. Nutratein-PS is a blend of Peazazz pea protein and Supertein canola protein. Burcon’s patented process for the production of Puratein®and Supertein™canola protein isolates broadly separates the two naturally occurring proteins found in canola. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. World’s only commercial-scale food-grade canola protein production facility. We aim to provide businesses with thoroughly researched market intelligence reports regarding this crisis so that they can formulate well-informed market strategies. Moreover, the world could save USD 1.5 trillion in climate-related healthcare costs. The Company and its subsidiary are engaged in developing a wide array of protein products, which includes Peazazz, a pea protein, Puratein and Supertein canola proteins, and CLARISOY, a soy protein. Applications for Supertein(TM) include beverages, confectionery, aerated desserts, and protein bars, among many others. The functional properties of Supertein® include excellent solubility, an ability to form transparent solutions, high foaming ability and nutritional robustness. Burcon has been working for years on canola protein isolates, and the Merit Foods facility will produce its branded proteins Supertein, containing the amino acid napin, and Puratein, containing the amino acid cruciferin. Supertein® is an excellent protein for use in beverages, offering: A balanced amino acid profile Close to 100% digestibility Excellent nutritional value Higher levels of amino acids containing sulfur than any other plant protein Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/plant-based-protein-supplements-market-100082. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Canola is the second-largest oilseed crop in the world after soybeans. Plant protein production facility designed to produce Burcon’s Peazazz® and Peazac™ pea proteins, as well as Burcon’s Supertein®, Puratein® and Nutratein® canola proteins. May 2019: Canada-based Burcon NutraScience Corporation inked a joint venture agreement with an investment group to construct a facility worth CAD … Besides this, rapid urbanization is making people more health-conscious and pushing them towards adopting diets comprising of fruits and vegetables and even vegan proteins. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. Portfolio diversification is the prominent strategy being implemented by the key players in the market for plant based protein supplements. The products the “flex production plant” can manufacture include its proprietary Peazazz and Peazac pea proteins and its Supertein, Puratein and Nutratein canola protein products. Trillion in climate-related healthcare costs on May 23, the global market value stood at USD 4.79 billion in.... 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