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Ingredion and Lantmännen Form Strategic Partnership to Accelerate Development of Plant-Based Proteins

Nov 15, 2024over 1 year ago

Contract Type

partnership

WestchesterFood and BeverageFarmingFood Processingfood & beverages

Description

Ingredion Incorporated and Lantmännen have announced a long-term strategic partnership to fulfill European market needs for competitive, sustainably sourced, and high-quality pea protein isolates. Lantmännen will invest more than 100 million euros in a state-of-the-art factory in Sweden, while partnering with Ingredion to develop a differentiated portfolio of plant-based protein isolates based on yellow peas. The collaboration is intended to revolutionize the plant-based protein market with innovative and high-quality pea protein isolates.

Company Information

Company

Ingredion

Location

5 Westbrook Corporate Center

Westchester, Illinois, United States

About

Ingredion is a leading global ingredients solutions company. They transform nature's renewable resources into useful ingredients for various industries such as food, beverages, and pharmaceuticals. The company is committed to sustainability and innovation in ingredient solutions.

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Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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