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. Similar trends will be observed in Europe, where countries such as the UK and France are swiftly pursuing vegan lifestyles. endobj <> While some have been relatively insulated, several others are undergoing unparalleled suffering because of the pandemic. <> The sudden outbreak of the COVID-19 pandemic has spawned unprecedented uncertainty and upheaval across industries and businesses. endobj 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. Supertein(TM) is a canola protein isolate with functional properties including excellent solubility, the ability to form transparent solutions and foaming. The facility will produce Burcon NutraScience’s Supertein®, Puratein® and Nutratein® canola proteins, as well as Peazazz® and Peazac® pea proteins. 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. This gradual shift in preference is also expected to stoke innovation among market companies, who are already developing protein supplements derived from plants. Canola is the second-largest oilseed crop in the world after soybeans. https://www.fortunebusinessinsights.com/press-release/plant-based-protein-supplements-market-9072. 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. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/plant-based-protein-supplements-market-100082. 1 0 obj 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. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Burcon and ADM are currently investigating two possible alterations to the canola protein extraction process. 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. 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. <>/Metadata 3046 0 R/ViewerPreferences 3047 0 R>> 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. 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. Figure 1 shows a general scheme of the protein production process. 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. Credit: Sherwood411. The functional properties of Supertein® include excellent solubility, an ability to form transparent solutions, high foaming ability and nutritional robustness. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. 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. 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. The supernatant from the dilution was further processed and finally spray dried to generate the second rapeseed protein isolate product (Supertein TM). Nutratein-PS is a blend of Peazazz pea protein and Supertein canola protein. The report also offers the following: Increasing Incidence of Diabetes Worldwide to Boost the Market. Supertein is still in the company’s commercialization plans, he added. We aim to provide businesses with thoroughly researched market intelligence reports regarding this crisis so that they can formulate well-informed market strategies. 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 … 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. 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. 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 … The extension gives the companies until March 1, 2012 to work on research aimed at “expanding the commercial value” of the canola protein products. 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. The plant will produce Burcon’s Peazac and Peazazz pea proteins and Nutratein, Puratein, and Supertein canola proteins. Ross Burtnack said the Manitoba Canola Growers Association is looking for a partner to commercialize these canola protein products. 2 0 obj May 2019: Canada-based Burcon NutraScience Corporation inked a joint venture agreement with an investment group to construct a facility worth CAD … 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%. Thus, the wide benefits associated with proteins derived from natural foods will fuel the growth of this market. Burcon’s patented process for the production of Puratein®and Supertein™canola protein isolates broadly separates the two naturally occurring proteins found in canola. 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. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. Actionable research into the regional developments and competitive landscape of the market. In addition, the IDF estimates approximately 374 million people are at a heightened risk of developing type 2 diabetes. 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. Supertein® is a highly soluble canola protein isolate comprised principally of albumin proteins. 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." 4 0 obj canola protein … According to the report, the global market value stood at USD 4.79 billion in 2019. 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. 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 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. 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 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.”. 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. 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”. Burcon ’ s proprietary assets, he added derived from plants market intelligence reports regarding this crisis so that can... 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