TORONTO, ON, April 15, 2024 (Globe Newswire) — Today, Canada Protein Industries, Inc. announced its latest project, “A collaborative effort to de-risk, scale and expand Wamame Foods, Inc.” To celebrate the announcement, we held a tasting and networking event. New high protein product line.
In collaboration with project partners Apex Food Source, Crush Dynamics, and AGT Food and English, Wamame Foods uses Canadian ingredients to create new high-protein foods for functional athletes, such as high-protein burritos. We are developing, commercializing, and expanding the line. It has a higher protein-to-calorie ratio than the average American protein bar. These high-protein products will soon be available at a variety of grab-and-go retailers in North America and internationally, giving athletes and health-conscious people everywhere more choice and helping consumers maintain an elite lifestyle. You will be able to enjoy your meal while doing so. .
“With support from Protein Industries Canada, Wamame and its project partners are helping bring premium plant-based meat alternatives to a wide network of foodservice, restaurant and grocery industries.” Francois-Philippe Champagne said the Minister of Innovation and Science. And the industry. “Demand for plant-based products is growing and this project will help Canada seize this economic opportunity and further strengthen our global leadership as a supplier of plant-based ingredients and products.”
The project builds on the success of Wamame’s first investment in Protein Industries Canada, which led to the initial launch of the acclaimed premium Waygu product line. The research also includes the early development of an ultra-high protein base material that contains 64% more protein than cooked ground meat and uses a blend of Canadian proteins such as peas, fava beans and canola. I was there.
Throughout the second project, Wamame will develop new and improved high-protein products using each AGT and Crush Dynamics ingredient. We ensure that the protein is sourced not only from Canada, but also from environmentally sustainable sources such as wine derivatives that would have traditionally been used. It was wasted. Meanwhile, Apex will increase production of alternative meats for international markets, increasing the sector’s global competitiveness and helping to capture new economic opportunities.
A total of $6.3 million will be invested in the project, with Canadian Protein Industries investing $2.8 million and partners jointly investing the remainder.
“Consumers around the world aren’t just looking for diverse protein sources, they’re looking for high-quality protein sources,” said Bill Greuel, CEO of Protein Industries Canada. said. “Each of these partners has proven that they can create such products. By joining forces, both companies will be able to go even further and create a range of high-protein foods that families around the world can enjoy.” .”
The partners celebrated the launch of the project with a tasting event for the new high-protein product line in Toronto. The tasting sessions, which coincided with the start of each Plant-Based Food Week and Plant Forward, highlighted the potential of Canada’s ingredient processing and food manufacturing sectors.
“This is the beginning of a new era in which meat alternatives not only meet the nutritional profile of animal protein, but vastly exceed them, and taste great,” said Blair Brus, Founder and President of Wamame. Told. “Containing 65% more protein than cooked ground meat, we feel Wamame has truly changed the plant-based protein space. , we’re so excited to finally share our vision of outperforming the protein-to-calorie ratio of protein bars with continued support from Canadian Protein Industries and stronger plant-based protein across Canada. We wouldn’t be here without the investments they’ve made to build the department.”
“APEX Foodsource is excited to partner with Wamame, Crush Dynamics, and AGT Food and Elements to innovate the creation of new premium meat alternatives for the food industry,” said Apex Food Source Chief Executive Officer ( CEO) Gil Goldstein said. “We are pleased to be part of this effort to support the further development of high-quality plant-based protein sources for use in delivering new conventional foods to a changing market demanding change.”
“Crush Dynamics is proud to partner with Protein Industries Canada, along with Wamame, APEX Foodsource, and AGT Food and Elements. This project represents the innovation needed to advance Canada’s alternative protein industry. Crush Dynamics enables partners in the plant-based protein industry to achieve sensory parity as well as price and nutritional superiority when compared to existing protein products available to consumers today. ” said Kirk Moir, CEO of Crash Dynamics.
“This project further deepens AGT’s raw material expertise in the extrusion of high-quality plant-based proteins. Meat alternatives are a very interesting area in the plant-based space, and one in which AGT is very active. This project is a great opportunity to further expand our production capacity with direct feedback and commercialization through our customer collaborators. ” said Murad Al Khatib, President and CEO of AGT Food and Elements Inc.
Protein Industries Canada is one of Canada’s five global innovation clusters. Canadian Protein Industries and its members are working to capitalize on the $25 billion opportunity presented by Canada’s raw material manufacturing, food processing and bioproducts sectors. Projects like this add value to Canadian crops, create new markets, create local jobs and support new economic development in locations across Canada. For more information, please visit www.theroadto25billion.ca.
—
About Wamame Foods
Wamame’s protein technology enables premium quality, chef-inspired, familiar foods with the highest protein-to-calorie ratio on the market. Made from natural ingredients, Wamame Premium Protein provides a solution for health-conscious consumers looking for a better way to enjoy protein in convenient everyday foods..
About Apex Food Source
APEX Foodsource has been in business in British Columbia for over 27 years and is a custom manufacturing-as-a-service business that provides high-quality, value-added liquid pourables for some of the most well-known brands in North America. It is jointly packaged. , retail stores, restaurants.
The company operates to the highest quality assurance standards in all aspects of its operations, from sourcing to shipping, and meets or, where possible, exceeds the standards set by the U.S. Food and Drug Administration’s CFIA (HACCP). We manage a comprehensive food safety program that exceeds , GFSI (SQF) level certification requirements.
They operate in a 30,000 square foot modern, purpose-built, self-owned production facility. The company’s location in Abbotsford, British Columbia, is minutes from the U.S. border, allowing it to serve customers in both Canada and the United States. The company produces fresh and shelf-stable foods in a variety of flexible and rigid packaging types, including glass and plastic, in sizes ranging from single-serve cups to bulk formats.
About crash dynamics
Crush Dynamics is an innovative provider of biotechnology that transforms tannin-rich agricultural side streams into high-performance food flavor ingredients, delivering unique flavor acuity, extended shelf life, and texturization to next-generation food formulations. Realize. CrushDynamics partners with sub-suppliers to produce polyphenol-enriched food ingredients that meet the growing global demand for nutritionally superior foods that are good for people and the planet.
About AGT Food & English
AGT Foods and English Ltd. (AGT Foods), majority owned by Fairfax Financial Holdings Limited, is a Saskatchewan-based company that produces plant-based proteins and legumes, grains and staple foods for export and domestic markets. and the world leader in value-added processing of raw materials. . AGT Foods was founded on the principle of “from the producer to the world” and purchases and processes pulses, grains, oilseeds and specialty crops from farmers around its facilities in Canada, Turkey, the United States, Australia, China and South Africa. and export it. We provide milled durum wheat and canola products, pulse flours, starches, fibers, protein and extruded products, and retail packaged foods to customers in more than 120 countries around the world. AGT Foods operates a strong network of grain production, processing facilities and short-line rail systems in the heart of Saskatchewan’s canola, pulse and wheat growing regions.
For more information, please visit www.agtfoods.com.
-
Comparison of Outlier Protein products with other products
