World Meals and Components Ltd. (TSXV: PEAS) (OTCQX: PEASF) (“GFI” or the “Firm“), at present introduced the launch of its superior substances model, Pulsera, starting with an 85% pea protein isolate. The Pulsera model shall be expanded sooner or later to incorporate texturized pea protein and excessive protein gluten-free flours.
Pulsera’s 85% Pea Protein Isolate is manufactured underneath contract by GFI’s pea protein inputs prospects, making a full loop the place GFI sources and processes the peas regionally, ships them to its pea protein extraction prospects’ services after which offtakes the pea protein isolate on the market by means of its US distribution centre in Clayton, North Carolina.
In keeping with Meticulous Market Analysis, the worldwide pea protein isolate market is predicted to develop at a CAGR of 16.4% from 2022 to 2029, reaching US$542.9 million by 2029.
Pea protein isolates have lengthy been thought of as among the best sources of other protein as a result of excessive protein focus, allergen-friendly foundation and high-quality dietary profile for plant-based meals merchandise and dietary supplements.
“That is an thrilling step ahead within the growth of GFI’s substances enterprise, realizing on our plan to increase the portfolio into useful substances with excessive ranges of plant-based protein and fibre, in addition to the performance for meals processing” stated David Hanna, GFI’s CEO. “We additionally see future alternative to increase these superior substances by incorporating them into our client packaged items merchandise, as we proceed to develop our retail product providing” he continued.
“Pulsera’s merchandise are designed with a transparent focus to supply superior substances with useful attributes to boost our prospects’ meals manufacturing processes with wholesome inputs derived from GFI’s core crops, that are peas, lentils, chickpeas and beans” added Michael Moussa, Vice President, Components.
Pulsera’s 85% Pea Protein Isolate is now out there, with further product SKUs to be added periodically over the next a number of quarters.
About GFI
GFI is a fast-growing Canadian plant-based meals and substances firm, connecting the native farm to the worldwide provide chain for peas, beans, lentils, chickpeas and different excessive protein specialty crops. GFI is organized into 4 main enterprise traces: Pea Protein Inputs, Plant-Based mostly Components, Plant-Based mostly Pet Meals Components and Plant-Based mostly Client Packaged Items. Headquartered in Toronto, GFI buys immediately from its in depth community of farmers, processes its merchandise regionally at its 4 wholly-owned processing services in Western Canada and ships to 37 international locations internationally.
GFI’s imaginative and prescient is to develop into a vertically built-in farm-to-fork plant-based firm offering traceable, regionally sourced, wholesome and sustainable meals and substances. By latest acquisition and growth actions, GFI now gives a full suite of Plant-Based mostly Client Packaged items with over 20 SKUs underneath the Yofiit, Bentilia and 5 Peas in Love manufacturers.
