Leading useful elements producer BENEO has introduced it will likely be opening a brand new fava bean processing plant in Offstein, Germany.
The facility will course of the beans — and probably different pulses at a later date — into protein focus, flour, and hulls. Companies will have the ability to use the fava-derived elements to enhance the protein content material and texture of meat and dairy options, in addition to to supply gluten-free bakery and cereal merchandise.
Costing €50 million, the brand new website will assist BENEO strengthen its portfolio and meet the rising demand for plant-based mostly proteins. Though the development of the plant shouldn’t be anticipated to be full till late 2024, BENEO is about to start producing fava bean elements at its current amenities from June.
Investing in plant proteins
Demand for fava beans is rising quickly, as they proceed to realize recognition as an alternative choice to soy. It has been prompt that the beans might play a key position in the worldwide transition to plant-based mostly proteins, and the fava market is predicted to be price $3.47 billion by 2025.
BENEO isn’t just investing in fava protein — in 2019, the corporate constructed a €4.3 million manufacturing facility in Wanze, Belgium, producing useful plant-based mostly elements derived from chicory roots, beet sugar, rice, and wheat.
“The recent investment by BENEO into a new pulse production site is only the starting point,” stated Christoph Boettger, Member of the Executive Board at BENEO. “We strongly believe in plant-based ingredients and therefore see the new plant as an important first step in enlarging our protein offering moving forward. This will enable us to produce a wider variety of sustainable plant-based protein ingredients over the coming years.”
BENEO Invests €50M in New Fava Bean Processing Plant in Germany – vegconomist & More Latest News Update
BENEO Invests €50M in New Fava Bean Processing Plant in Germany – vegconomist & More Live News
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BENEO Invests €50M in New Fava Bean Processing Plant in Germany – vegconomist & More News Today
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