Those discussions have now progressed to an advanced stage with Burcon agreeing to a period of exclusivity while the two parties continue their due diligence investigations and negotiations with the goal of forming an alliance, although no assurance can be made that an agreement will be reached.
Like soy, pea protein is an existing global industry with market acceptance by both consumers and food processors of pea protein in general. Similarly, pea protein enjoys global regulatory approval for its use in food and nutritional products. Burcon anticipates that the existing pea protein industry and the established regulatory approval will facilitate the process of bringing Peazazz to market.
Peazazz is 100% soluble, transparent and heat-stable in low pH solutions. Peazazz has clean flavour characteristics and should be well suited for use in low pH beverages, as well as a variety of other healthy and great tasting food and beverage product applications. Its nutritional and functional characteristics should make Peazazz an attractive ingredient to companies looking for an alternative plant protein ingredient.
Pea is a widely accepted and consumed vegetable, recognised for its nutritional value and health benefits. Burcon’s Peazazz pea protein can easily be incorporated into a variety of foods and beverages including low pH fruit juices and juice blends, sport nutrition drinks, powdered beverages, fortified waters, bars, baked goods and vegetarian and vegan foods.
Burcon’s Peazazz pea protein isolate is non-allergenic and can be produced from a non-GMO source.
Source: Burcon
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