Market Updates

Merit and Burcon Partner with Nestlé to Commercialize Plant Protein Ingredients

Deal could yield a new range of ingredients for plant-based food and beverages.

Merit Functional Foods and its technology partner Burcon NutraScience have entered into a joint development agreement with Nestlé. The goal of the joint agreement is to develop and commercialize Merit’s novel plant protein ingredients for use in Nestlé’s plant-based foods and beverages.
 
The partnership combines Nestlé’s expertise in the development, production and commercialization of plant-based foods and beverages with Burcon’s proprietary plant protein extraction and purification technology, while leveraging Merit’s state-of-the-art plant protein production capabilities.
 
Burcon has been developing its plant-based protein technology for more than 19 years. It has a portfolio of patents related to composition, application, and manufacturing of novel plant-based proteins derived from pea, canola, soy, hemp, sunflower seed and various other crops.
 
“Partnering with Nestlé—a global leader in food and nutrition—is a great milestone for Merit Functional Foods,” Merit co-CEO Ryan Bracken said. “Merit has already demonstrated the impact of our novel proteins in plant-based foods. This new partnership helps build on this, and it’s a major step in developing the next generation of nutritious and delicious plant-based products that draw on the benefits of our novel proteins.”
 
“Developing nutritious and great-tasting plant-based meat and dairy alternatives requires access to tasty, nutritious and sustainable raw materials as well as proprietary manufacturing technology,” commented Stefan Palzer, Nestlé chief technology officer. “The partnership with Burcon and Merit will give us access to unique expertise and a new range of high-quality ingredients for plant-based food and beverages.”

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