Off-Piste Provisions, a plant based meat alternative company, and FAR recently engaged PwC to develop a pea and fava bean protein extraction viability case study and report for New Zealand.
Plant-based proteins are becoming increasingly mainstream as more products become available at more competitive prices. But are these crops an option for New Zealand growers?
The purpose of this report was to:
- Inform the agri-food and ingredients sector about the current market situation and opportunities that exist for pea and fava bean protein extraction in New Zealand
- Help understand the viability of developing pea and fava bean protein concentrate growing and processing capability in New Zealand
- Give the agri-food and ingredients sector greater clarity around the realities, costs, barriers and opportunities for pea and fava bean protein concentrate growing and processing in New Zealand and its potential to contribute to alternative export opportunities
- Identify higher value crops for current growers and potential new revenue streams for those currently not in the sector. Funding for this work was provided by the Ministry for Primary Industries and FAR.
Read the report here