Ingredion is meeting increasing consumer demand for plant-based proteins by expanding manufacturing and production capabilities in Vanscoy, Saskatchewan with Verdient Foods, the plant-based protein company co-owned by movie director James Cameron.
The company’s total investment in plant-based proteins has increased to $185 million from $140 million by the end 2020.
Part of this investment has seen the US ingredient solutions provider begin construction on a new manufacturing facility to produce speciality pulse-based protein ingredients.
Expected to be operational in the second half of 2020, the new facility significantly increased Ingredion’s food processing capabilities to meet consumer demand.
“We’ve advanced our specialties strategy to capitalize on the trends shaping the food industry,” said Ingredion’s President and CEO Jim Zallie.
“Our latest investment will significantly expand our product portfolio to provide more innovative solutions to our customers, which will enable future growth.
“Ingredion and Verdient also share a common vision that sustainable and trusted sourcing will play an important role in the future of consumer-preferred plant-based proteins.”
James Cameron added: “I’m excited to further our relationship with Ingredion, which will power significant expansion of plant-based proteins to consumers around the world.
“By working together, we have an amazing opportunity to be leaders in the next wave of global food production, which will have a lasting impact to future generations.”