The Government of Canada announced Monday, June 22, 2020, financing of close to $100 million for the new Merit Functional Foods plant in Winnipeg. Merit’s product portfolio of pea and canola protein ingredients supports the growing need for highly functional and taste-forward plant-based applications. "From a purity perspective, anyone buying our pea or canola protein will be looking at a 10% increase in purity of the protein. dataLayerNews = {}; The company is currently building an 88,000-square-foot production facility in Winnipeg to produce its pea and non-GMO canola protein ingredients. vOut = vOut.toLowerCase(); Subscribe Try This Probiotic Sleep Shot from So Good So You, The 10 Best Olive Oil Sprayers for Green Healthy Cooking, 8 Vegan Heavy Cream Substitutes (+ Our Best Recipe). Muddy Boots’ Greenlight Supplier Management helps food manufacturers, processors and retailers boost product quality, reduce waste and delight customers. 3 is ready to mix powders, nutritional bars... you name it," he said. Meritfunctionalfoods.biz is registered since 13 June 2019. About Merit Functional Foods. "We obviously wanted to partner with Burcon because they had the intellectual property [around its extraction technology]. Merit Functional Foods reported construction of its 94,000-square foot production facility in Manitoba, Canada. These must-read tips will keep your bank account happy. "We definitely see a high number of applications: No.1 is RTD beverage, No. Plant-based foods and beverages, Sign up to our free newsletter and get the latest news sent direct to your inbox. } "There are some high quality pea proteins out there but not a lot.". - Last updated on According to Bracken, there's a broader opportunity in pea protein than there is in hemp protein (for now). Canada’s plant-based food industry just got a big boost from the federal government. Merit Functional Foods has started construction of its $80 million 88,000 square foot canola and pea protein production facility near the airport in Winnipeg. Free newsletter The plant is to be operated by Merit Functional Foods, in a joint venture with Burcon NutraScience. The three former Manitoba executives have partnered with Burcon to help extract and produce its plant protein portfolio, which includes varieties of pea and canola proteins. According to Bracken, when working with formulators to develop its plant-based ingredients, its sensory profiles exceeded industry standards. Suppliers, R&D, Clean label, Merit Functional Foods’ new production facility is under construction in Winnipeg, Manitoba, Canada. var reg = new RegExp('\\W+', "g"); The feds will be financing $100 million for the new Merit Functional Foods plant. { "We believe that pea protein is where it’s at right now, but actually canola [protein] has more functionality and is something the market hasn’t seen yet," said Bracken. The governments of Canada and Manitoba will invest up to $2.5 million cost-shared funding to support new technologies in Merit Functional Foods’ new state-of-the-art, 94,000-ft2 plant protein production facility in Winnipeg, Manitoba. The Changing Rules of DSD in Today’s Market. Merit is producing its ingredients using Burcon NutraScience’s 20-years-in-progress patented protein extraction technology. "While we’re a startup, we’re definitely not new to the industry.". Merit’s product portfolio currently consists of three product family offerings: pea protein, non-GMO canola protein, and a line of plant protein blends called MeritPro. contact, 25-Oct-2019 function sanitize_gpt_value2(gptValue) Snacks, for (var i=0; i < aTags.length; i++) "You would usually have to blend different plant proteins together to get that PDCAAS score of 1," Bracken said. Nestle takes stake in on-line meal delivery company. Using Burcon's proprietary extraction technology, Merit is able to achieve upwards of 90% purity in both its pea and canola protein ingredients (meaning there are no additional fibers or starches, and just the protein itself), which creates a better-tasting and highly-soluble finished product, according to the company. Well underway processors and retailers boost product quality, reduce waste and delight customers equal to or greater than protein! Canadian company and global technology leader in the EU, and you ’ ve meticulously. 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