ANALYSIS: Plant Protein Prices Firm as Production Tightens
Soybean production has tightened, according to the latest WASDE report. This has led to firmer soy protein ingredient prices, based on industry feedback. Despite this sentiment, soy protein isolate remains a more affordable option compared to pea protein isolate, which was last assessed at $4.04/Lb, nearly 40% higher on the year.
Soy protein is most used in plant-based alternative products as it is considered a complete nutrition profile, while pea protein is typically chosen by companies formulating products considering allergen concerns...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required. Password is required.