Cargill has also formed a joint venture with PURIS,  the largest North American producer of pea proteins, which it says will help meet rising consumer demand for plant-based protein.

PURIS, formerly World Food Processing, was established in 1986 and is based in Cargill’s home state of Minnesota. It specialises in turning legumes such as soya, lentils, peas and beans into starches, fibres and syrups for use in food manufacturing. It is strong in non-GM and organic sectors of the market.

“PURIS is a game changer in terms of taste and vertical integration in pea protein,” says David Henstrom, vice president of Cargill Starches, Sweeteners and Texturizers. “Cargill is excited to expand into the emerging pea protein space while continuing to support our conventional agricultural crops. There is a growing demand for protein globally, and this will help our customers deliver label-friendly products without sacrificing taste.”

PURIS president Tyler Lorenzen adds:  “Cargill’s financial backing and market reach will power significant expansion of our operation globally. We will add substantial capacity, including a second plant, while maintaining our focus on US production”.