The agreement expands both companies’ capabilities in servicing a fast-growing and evolving alternative protein market
Ingredion Incorporated, a leading global provider of ingredient solutions for food, beverage and industrial applications, and Lantmännen announce a new long-term collaboration. Lantmännen is an agricultural cooperative and Northern Europe’s leading player in agriculture, bioenergy, food and ingredients. The collaboration will begin with the fulfilment of European market needs for competitive, sustainably sourced, and high-quality pea protein isolates and various facets of sales, product innovation, and process enhancement.
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. Construction of the production plant will be completed in 2027.
“By joining forces with Lantmännen, we are expanding our footprint in the European market. This marks a significant milestone in our strategy to solidify our position as a global leader in the plant-based protein industry,” said Mike O’Riordan, Ingredion’s senior vice president of texture and healthful solutions in EMEA. “This partnership allows us to leverage our combined strengths to deliver superior, sustainably sourced pea protein isolates that meet the evolving needs of the global market.”
