ADM and Benson Hill, Inc. announced a strategic partnership that will scale innovative soy ingredients to meet the increasing demand for plant-based proteins. The collaboration will supply an array of plant-based food and beverage markets that meet customer needs, according to a release.
ADM will process and commercialize proprietary ingredients taken from Benson Hill’s Ultra-High Protein (UTP) soybeans with an exclusive North American licensing agreement. The partnership plans to scale innovative ingredients permitted by Benson Hill genetics that highlight less-processed proteins that boast water and carbon sustainability benefits.
“We’re excited to launch this collaboration with Benson Hill, building full seed-to-fork capabilities with cutting-edge technologies that will allow us to offer new, innovative products to our alternative protein customers,” said Leticia Gonçalves, president of Global Foods at ADM. “The global trends of food security and sustainability are driving significant and ongoing demand growth for alternative proteins: alternative meat and dairy sales alone are expected to grow 14% a year, reaching $125 billion by 2030.
“ADM has expanded global capacity to meet that demand with the acquisition of Sojaprotein and the recently announced investment to enhance processing and supply capabilities and build a new protein solutions innovation center in Decatur, Illinois. Now, working with Benson Hill, we’re taking the next step, expanding our value chain and adding new technologies that will power our ability to offer differentiated, high-value products to meet consumer demand for delicious, nutritious alternative proteins.”
Benson Hill’s CropOS technology platform joins food, data and plant sciences to enforce an era of plant genomics innovation. The platform combines plant genetic information, customer needs and farmer data to create ingredients that are more nutritious and sustainable.
“When combined with ADM’s broad expertise and capabilities in origination, applications and formulation, as well as current and expanded processing capacity for human food markets, the collaboration will create a pathway toward commercial-scale seed-to-fork production of higher-value alternative protein products,” said the release.
Benson Hill and ADM will work with farmer partners pursuing opportunities to take part in the seed-to-fork food movement.
“Seed innovation underpins the seed-to-fork movement by solving food formulation challenges in the farmer’s field, creating ingredients that are better from the beginning,” said Matt Crisp, CEO of Benson Hill. “This partnership with ADM represents a major milestone in advancing our business to its next stage of growth, which also will serve to broaden our proprietary product portfolio and drive significant scale of ingredients derived from Benson Hill genetics. We are excited to partner with ADM to help address demand in high-value and high-growth protein ingredient markets, while broadly delivering innovation and impact across the agri-food value chain to benefit farmers, food companies and consumers.”
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