The Israeli firm has successfully developed an innovative technology that allows for the extraction of a 70% protein concentrate from chickpeas. This concentrate has been utilized in prototypes for a variety of products, including snacks, dairy alternatives, meat substitutes, and mayonnaise. The recent funding comes at a time when chickpeas have gained considerable popularity, primarily due to their versatility in a wide array of food applications. Beyond their well-known role as the main ingredient in hummus, chickpeas have found their way into chips, Hippeas organic chickpea puffs, chickpea flour, and even artisanal mustard, with many more applications on the horizon.
Chickpea protein is not only trendy but also plant-based, making it suitable for numerous uses. According to InnovaPro’s CEO, Taly Nechushtan, chickpea protein exhibits unique behaviors that offer a range of functionalities as an ingredient. It can serve as an emulsifier and foaming agent in products that lack eggs, oil, or gluten, contributing to a light and airy texture.
While the plant-based protein market today is valued at approximately $40 billion, as reported by Food Ingredients First, InnovoPro is exploring opportunities beyond this segment. The company is targeting the expansive $900 billion U.S. market for meat, fish, and poultry, where chickpea-based protein-rich products could carve out innovative niches.
Chickpeas boast a remarkable nutritional profile, rich in protein, fiber, folate, iron, phosphorus, copper, and manganese. This impressive list of nutrients, along with their potential inclusion of calcium carbonate and calcium citrate, draws in health-conscious consumers seeking better-for-you options that are packed with protein, vitamins, and minerals while being low in fat and distinct from conventional food products.
Additionally, the consumption of chickpeas offers various health-related benefits, such as enhancing satiety, improving digestion, stabilizing blood sugar levels, and providing protection against heart disease. Given their wellness attributes and status as a superfood, chickpeas could emerge as the next significant ingredient for those looking to leverage their extensive advantages.