© 2021 GlobeNewswire, Inc. All Rights Reserved. endobj 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 … We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. 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. stream canola protein … The extension gives the companies until March 1, 2012 to work on research aimed at “expanding the commercial value” of the canola protein products. May 2019: Canada-based Burcon NutraScience Corporation inked a joint venture agreement with an investment group to construct a facility worth CAD … World’s only commercial-scale food-grade canola protein production facility. 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. 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. Supertein(TM) is a canola protein isolate with functional properties including excellent solubility, the ability to form transparent solutions and foaming. 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. 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. This gradual shift in preference is also expected to stoke innovation among market companies, who are already developing protein supplements derived from plants. 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. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges. The report also offers the following: Increasing Incidence of Diabetes Worldwide to Boost the Market. 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. 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. 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. It will also produce Burcon’s branded pea protein isolates. The plant will produce Burcon’s Peazac and Peazazz pea proteins and Nutratein, Puratein, and Supertein canola proteins. %���� 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. 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. 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. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. In addition, the IDF estimates approximately 374 million people are at a heightened risk of developing type 2 diabetes. At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. 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 … 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. Get Sample PDF Brochure with Impact of COVID19: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/plant-based-protein-supplements-market-100082. <> Merit Functional Foods is developing a 65,000ft 2 pea protein and canola protein production facility in the northern part of Centreport, Manitoba, Canada. 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. %PDF-1.7 Similar trends will be observed in Europe, where countries such as the UK and France are swiftly pursuing vegan lifestyles. 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 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%. 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 facility will produce Burcon NutraScience’s Supertein®, Puratein® and Nutratein® canola proteins, as well as Peazazz® and Peazac® pea proteins. Supertein® is a highly soluble canola protein isolate comprised principally of albumin proteins. Burcon’s patented process for the production of Puratein®and Supertein™canola protein isolates broadly separates the two naturally occurring proteins found in canola. 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. 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. The supernatant from the dilution was further processed and finally spray dried to generate the second rapeseed protein isolate product (Supertein TM). ADVERTISEMENT “We’re trying to bring Peazazz to market first and then the canola protein will be out next,” said Lam. A key factor driving the plant based protein supplements market growth is the rising prevalence of diabetes across the globe. Supertein’s properties include “excellent” solubility, the ability to form transparent solutions and foaming, which would make it useful … 1 0 obj 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. 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. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 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." Actionable research into the regional developments and competitive landscape of the market. <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> For example, peanuts contain the amino acid arginine, which boosts insulin production in the body and stabilizes blood sugar levels. 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. 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”. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. This product contains a mix of proteins derived from different sources including pumpkin seeds, alfalfa, sunflower, and peas. Burcon also signs joint product development agreements with traditional brands who want to use Burcon’s proprietary assets. Nutratein-TZ is a blend of Peazac pea protein and Puratein canola protein. Proteins are essential in controlling and managing diabetes and plant based proteins are proving to be highly potent in performing these tasks. <>/Metadata 3046 0 R/ViewerPreferences 3047 0 R>> According to the report, the global market value stood at USD 4.79 billion in 2019. 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. 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. The idea of recovering the proteins from canola has been around for a long time. <> "Canola protein is the number one candidate to replace animal-based proteins such as eggs," said Olsson. 3 0 obj The sudden outbreak of the COVID-19 pandemic has spawned unprecedented uncertainty and upheaval across industries and businesses. This is mainly attributable to the high awareness among consumers about the extensive environmental and health benefits of adopting a vegetarian diet regime. 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. 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. Credit: Sherwood411. Moreover, the world could save USD 1.5 trillion in climate-related healthcare costs. 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. 4 0 obj Burcon and ADM are currently investigating two possible alterations to the canola protein extraction process. endobj Nutratein-PS is a blend of Peazazz pea protein and Supertein canola protein. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data. 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. Ross Burtnack said the Manitoba Canola Growers Association is looking for a partner to commercialize these canola protein products. The functional properties of Supertein® include excellent solubility, an ability to form transparent solutions, high foaming ability and nutritional robustness. https://www.fortunebusinessinsights.com/press-release/plant-based-protein-supplements-market-9072. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Rapeseed protein, also known as canola protein, is a valuable ingredient for human nutrition, according to research published during the summer in … Canola is the second-largest oilseed crop in the world after soybeans. 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. 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. Nutratein-PS is a blend of Peazazz pea protein and Supertein canola protein. North America to Emerge as the Largest Regional Market; Asia Pacific to Register Phenomenal Growth. 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 Supertein is still in the company’s commercialization plans, he added. 2 0 obj Figure 1 shows a general scheme of the protein production process. 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. protein micellar mass that was removed from the dilution step was spray dried to form the first canola protein isolate product (Puratein®). 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. 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 joint venture announcement came on May 23, the same day Vancouver-based Burcon NutraScience Corp. introduced two new ingredients. Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. 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. 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. 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.”. While some have been relatively insulated, several others are undergoing unparalleled suffering because of the pandemic. We aim to provide businesses with thoroughly researched market intelligence reports regarding this crisis so that they can formulate well-informed market strategies. Supertein® and Nutratein® canola proteins are marketed by Merit Functional Foods Corporation under the brand names, Puratein® HS and Puratein®-C, respectively, and … Expected to be completed by mid-2020, the protein production facility, will initially process around 20,000 tons of peas per year. endobj Applications for Supertein(TM) include beverages, confectionery, aerated desserts, and protein bars, among many others. Thus, the wide benefits associated with proteins derived from natural foods will fuel the growth of this market. 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. 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? 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