Consumer demand for meat and dairy alternatives is forecast to skyrocket over the next 10 years, creating significant growth opportunities across the value chain. Industry experts explore what opportunities arise in upstream agriculture and what tracking solutions are needed between farm gates and the consumer to supercharge a protein transition.

Florian Schattenmann“For scaling alternative protein, we’re focused on finding novel ingredients, exploring their unique attributes and applications, and creating reliable supply chains for them. It will be our collective challenge to look across the entire food supply chain to leverage resources and production assets that already exist, rearrange the puzzle pieces or find creative ways to collaborate on new solutions. From pea protein to new sources for plant-based fats, we’re working with partners with similar goals – to safely and sustainably meet the growing demand for protein to feed a growing global population.” Florian Schattenmann, CTO and Vice President of R&D, CARGILL

“Food industry leaders forecast unprecedented 10 year growth for plant-based meat and dairy products globally, and locally here in North America. Oilseed and pulse proteins from soy, canola, pea and faba bean – which Bunge provides – are foundational to this transformation, meaning significant growth opportunities across the value chain starting with the farmers. We have sustainable supply chains across a number of protein sources, that meet both sustainability and functional needs of customers.” Aaron Buettner, President, Food Solutions, BUNGE

“The food industry plays a powerful role in how we as a global community utilize our resources to feed ourselves. Food contributes nearly 25% of the global emissions today and the amount of food we need to produce is continuing to grow. The infrastructure driving these decisions today can also be a powerful force for good. Putting sustainability targets on par with pricing for procurement specialists can accelerate a massive movement to a sustainable food production system. A shift of this scale requires the entire supply chain to participate – from growers, to makers, to eaters. Growers will be able to participate and transact more directly with the consumer, maintaining the value generated through climate friendly growing practices. However, to tip the scales from niche to mass market, we have to get the messy middle of the supply chain involved. Those companies at the center of the transformation from agricultural commodity to food stuff are instrumental to getting sustainable foods at scale.
There are a lot great new proteins coming on the market, most with strong sustainability metrics. At PURIS, we are passionate about peas and pea protein due to the inherent benefits peas have in cropping rotations – adding nitrogen to the soil, improving soil texture, added diversity, and keeping the ground covered more often. As important though is the ability to source the protein at scale and use in all types of food applications. PURIS takes a lot of pride in creating products that have a positive impact on the soil, can be grown locally and organically, and taste amazing. We strongly believe that a sustainable food future is possible and that peas will play a large role!” Nicole Atchison, CEO, PURIS

Jake Joraanstad, BUSHELThere are so many inefficiencies in the way that we move information and money in agriculture today that once solved, we can create greater margins for the value chain in addition to rewarding higher quality, premium grain. I think what we are seeing across the board is an interest in quantifying scope 3 emissions in the traditional grain supply chains in order to understand and apply potential sustainability labels. All of this comes from an ability to make it easy to capture, share, and utilize data – and that’s what Bushel is empowering the supply chain to do.

The solutions are already there – there are farm management systems, accounting and business systems and point of sale systems. These all touch many of the points of the supply chain. The issue is connectivity and interoperability. Many of these systems are legacy or created in a silo – and oftentimes completely separate from the systems that a facility uses for the rest of their business. Where the focus needs to be is on how to remove the duplication that occurs with multiple-single use solutions. And also, to create ways for information to be easily shared back and forth between parties. It needs to be in a way that is permissioned and creates value between farmgate and consumer. Not sharing for the sake of sharing. We call it Digital Ag Infrastructure.” Jake Joraanstad, Co-Founder & CEO, BUSHEL

Amanda Donohue-Hansen - Cultivian Sandbox Ventures - World Agri-Tech Innovation Summit“It wasn’t long ago, when the industry was debating whether plant-based protein was a fad or trend with staying power. The recent success of plant-based protein companies and their growing market share has unquestionably demonstrated that consumer demand for plant-based protein is a broad and lasting trend. I’m looking forward to engaging in a new debate – how best will the industry bulk up supply to meet the industry’s growing needs for functional and nutritional plant-based proteins? What are the largest challenges facing the industry in scaling up? I look forward to engaging with investors, entrepreneurs, and corporations at World Agri-Tech to discuss how we might collaborate together to tackle these challenges and seize a great market and environmental opportunity before us.” Amanda Donohue-Hansen, Managing Director, SANDBOX INDUSTRIES

Florian, Aaron, Nicole, Amanda and Jake will take the stage for the panel discussion ‘Scaling A Protein Transition: Getting to 30% by 2050’ on March 22, 2022 at 4.30pm (PT).