Canadas soy industry set for major growth

Canadas soy industry set for major growth
Nov 29, 2024
By Jean-Paul McDonald
Assistant Editor, North American Content, Farms.com

Canadas soy processing push aims for global reach

Canada is taking significant steps to boost its agriculture and food sectors by increasing domestic processing of soy crops. Protein Industries Canada, in partnership with Alinova Canada Inc., Marusan Ai Co., Earth’s Own Foods, and Flamaglo Foods, has announced a groundbreaking project aimed at enhancing soy processing within the country while creating international opportunities, particularly in Japan.

The project, spearheaded by Alinova Canada Inc.—a joint venture between DJ Hendrick International Inc. and Marusan Ai Co.—focuses on developing and commercializing a new soy powder. Building on prior research, the project includes establishing a pilot-scale facility in Ontario, a region known for its robust soy production. This facility will support efficient product development and market testing, aligning with Japan’s strong demand for soy-based products.

“Canada’s agriculture sector has a strong reputation for high-quality crops, and we can build on this by bringing the processing of those crops back home to Canadian soil. Value-added processing and whole-seed utilization here at home will secure our position as a leading supplier of high-value ingredients and food products, while providing families here in Canada, and around the world with a new selection of high-quality protein options,” said Protein Industries Canada CFO Kassandra Quayle.

As the facility develops, Earth’s Own Foods and Flamaglo Foods will test small batches of the new soy powder in products for Canadian grocery stores. Once operational, the facility will expand its production capacity and assess the powder's commercial viability in Japan, a key international market.

The project has secured a total investment of $23.9 million, with $6.7 million funded by Protein Industries Canada and the remaining amount contributed by project partners.

“Exporting food-grade non-GMO whole soybeans from Eastern Ontario has been a long-standing tradition with rewards for producers and exporters alike. Now we have a chance to take that pride and reward to the next level — a made in Canada ingredient. We intend to build on our relationships with growers in Eastern Ontario, our soymilk partner in Japan and the two Canadian soyfood formulators joining on this initiative, to make this manufacturing company a reality for Morrisburg, and a contributor to our community well-being,” said Alinova Canada Inc. Executive Vice President David Hendrick

This initiative is part of Canada’s broader strategy to capitalize on its $25 billion food processing potential, creating jobs and driving local economic growth.

Photo Credit: pexels-polina-tankilevitch-4518588

Subscribe to our Newsletters

Trending Video