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Companies partnering to improve plant-based cheese options
IngredionIngredion(US:INGR) GlobeNewswire News Roomยท2024-10-17 17:00

Core Insights - The project aims to enhance the taste, texture, price, and nutritional characteristics of plant-based cheese products to meet the growing demand for new protein options globally [1][2][4] - The collaboration involves key partners including Daiya Foods, Ingredion, Ingredion Plant Based Protein Specialties, and Lovingly Made Flour Mills, focusing on utilizing Canadian pulses like pea and fava [1][3][5] - A total investment of $16 million has been made into the project, with Protein Industries Canada contributing $5.8 million [6] Industry Impact - The initiative supports the financial, technological, and ecological sustainability of Canada's food sector, aiming to unlock a $25 billion potential in ingredient manufacturing, food processing, and bioproducts [2][6] - The project is expected to create new jobs and boost Canada's GDP by increasing the supply and diversity of sustainable food products [2][6] Company Contributions - Daiya Foods aims to improve the nutritional profile of its plant-based cheeses while ensuring they match the flavor and quality of traditional dairy products [4] - Ingredion and its Plant Based Protein Specialties will convert Canadian pulses into functional ingredients for Daiya's products, enhancing the protein content [3][5] - Lovingly Made Flour Mills will develop extruded pulse ingredients, contributing to the creation of innovative and nutritious food options [5][10]