Welcome to the Latest Update:
- Burcon NutraScience has introduced a new Puratein canola protein isolate product for baked goods, offering a sustainable and cost-effective alternative to eggs for food manufacturers.
- The plant-based protein boasts over 90% purity and exceptional functionality, capable of replacing up to 100% of powdered and shelled eggs while saving manufacturers 20-30% in costs.
- With challenges in the poultry industry due to bird flu outbreaks, the egg replacement market is poised for growth.
Insight into the Market:
Amidst bird flu concerns and a rising demand for plant-based options, the egg replacement sector shows promise for expansion.
“The food industry has long sought a plant-based alternative to egg protein,” stated Kip Underwood, CEO of Burcon, emphasizing the versatility and sustainability of their canola protein.
The Puratein canola protein isolate, derived from Canadian canola seeds, offers a complete amino acid profile, high solubility, and a neutral taste suitable for various food and beverage applications.
The US egg market has faced challenges from avian flu outbreaks, resulting in a significant increase in egg prices, driving the demand for egg replacements.
The egg replacement market has seen substantial growth, valued at $1.3 billion in 2022 and projected to grow at a compound annual rate of over 6.5% from 2023 to 2032.
Companies like Bob’s Red Mill and All American Foods have also introduced egg replacement ingredients in powder form, with Puratein focusing on replicating the protein function of eggs in recipes.
Puratein aims to provide similar properties to eggs in baked goods such as pastries, cakes, muffins, and biscuits.