Market News
Recent Developments & New product launches
- In January 2021 The Department of Primary Industries and Regional Development (DPIRD) in Australia has developed a specialised measurement technique to quantify the precise level of saponin on quinoa seed.
- In April 2022 Olam Agri, has released its Speciality Grains and Seeds, Peru Sustainability Report 2021 that outlines its continued progress towards more sustainable quinoa and chia supply chains, which are delivering positive social and environmental impacts for local quinoa and chia farming communities in Peru.
Acquisition and partnerships
- In October 2022 Above Food Corp. has agreed to acquire Sonic Milling Systems, Ltd., a food technology company focused on developing processing techniques for plant-based ingredients and products. Canada-based Sonic Milling's proprietary hydrodynamic-cavitation technology uses water and pressure to create microscopic air bubbles capable of breaking apart a range of ingredients like pulses, fruits and vegetables into clean label liquids and sauces without the need for stabilizers or added oils. The company has deployed the technology to produce oat concentrate, oat beverage and oat creamer for several North American brands and retailers.
- In February 2022 the quinoa business of Andean Naturals in yuba city & California was acquired by American Company Ardents Mill.This acquisition will boost Ardent mills & grain business. Ardent Mills is a prominent flour-milling and ingredient company based in Denver, Colorado, with operations in the United States, Canada, and Puerto Rico. The company specializes in producing multi-use flours, whole grains, quinoa, pulses, and organic and gluten-free products, driving emerging nutrition and innovation across plant-based solutions. Ardent Mills is committed to transforming how the world is nourished by providing a holistic portfolio to meet the complex needs of customers while focusing on the future of plant-based solutions. The company employs more than 100 certified millers and supports thousands of local jobs, contributing to the flourishing of customers and communities throughout North America. It is deeply rooted in communities and operates in more than 40 locations, including 40+ flour mills and bakery-mix facilities.
- In may 2022, Canadian plant-based food and ingredients supplier, Above Food, has announced its acquisition of Northern Quinoa Production (NorQuin). NorQuin is the leading quinoa producer in the world, with a state-of-the-art production facility, supplying specialty ingredients and finished products to the world's largest food companies. NorQuin has invested more than two decades of research to develop proprietary, higher yield, higher protein, non-GMO varietals of quinoa. NorQuin partners with growers to produce the highest quality quinoa at scale with complete traceability. Above Food plans to integrate NorQuin's class-leading genetic capabilities and grower programs into its Disruptive Agriculture business, providing significant scale to NorQuin's existing grower infrastructure, while applying the team's expertise in genetics and plant-breeding to a broader base of proteins.
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