Burcon and ADM are currently investigating two possible alterations to the canola protein extraction process. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. endobj North America to Emerge as the Largest Regional Market; Asia Pacific to Register Phenomenal Growth. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. The supernatant from the dilution was further processed and finally spray dried to generate the second rapeseed protein isolate product (Supertein TM). 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. 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 A key factor driving the plant based protein supplements market growth is the rising prevalence of diabetes across the globe. World’s only commercial-scale food-grade canola protein production facility. Expected to be completed by mid-2020, the protein production facility, will initially process around 20,000 tons of peas per year. The facility will produce Burcon NutraScience’s Supertein®, Puratein® and Nutratein® canola proteins, as well as Peazazz® and Peazac® pea proteins. 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. 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. 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. 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. %���� 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. 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. 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. 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? Supertein® and Nutratein® canola proteins are marketed by Merit Functional Foods Corporation under the brand names, Puratein® HS and Puratein®-C, respectively, and … <>/Metadata 3046 0 R/ViewerPreferences 3047 0 R>> Actionable research into the regional developments and competitive landscape of the market. Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. 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. Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/plant-based-protein-supplements-market-100082. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. May 2019: Canada-based Burcon NutraScience Corporation inked a joint venture agreement with an investment group to construct a facility worth CAD … 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.”. 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. Similar trends will be observed in Europe, where countries such as the UK and France are swiftly pursuing vegan lifestyles. 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. 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. 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. 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. 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”. Portfolio diversification is the prominent strategy being implemented by the key players in the market for plant based protein supplements. 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. 4 0 obj <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The report also offers the following: Increasing Incidence of Diabetes Worldwide to Boost the Market. For example, peanuts contain the amino acid arginine, which boosts insulin production in the body and stabilizes blood sugar levels. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. Ross Burtnack said the Manitoba Canola Growers Association is looking for a partner to commercialize these canola protein products. 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. Moreover, the world could save USD 1.5 trillion in climate-related healthcare costs. 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. 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. According to the report, the global market value stood at USD 4.79 billion in 2019. Rapeseed protein, also known as canola protein, is a valuable ingredient for human nutrition, according to research published during the summer in … The extension gives the companies until March 1, 2012 to work on research aimed at “expanding the commercial value” of the canola protein products. Supertein(TM) is a canola protein isolate with functional properties including excellent solubility, the ability to form transparent solutions and foaming. 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. 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-PS is a blend of Peazazz pea protein and Supertein canola protein. The sudden outbreak of the COVID-19 pandemic has spawned unprecedented uncertainty and upheaval across industries and businesses. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. %PDF-1.7 Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 3 0 obj 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. 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. endobj Credit: Sherwood411. Canola is the second-largest oilseed crop in the world after soybeans. © 2021 GlobeNewswire, Inc. All Rights Reserved. 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. 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. Supertein® is a highly soluble canola protein isolate comprised principally of albumin proteins. 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