Louis Dreyfus Company, a merchant and processor of agricultural goods, is set to establish a pea protein production facility in Canada. Located at its existing complex in Yorkton, Saskatchewan, this development is part of the company’s strategy to diversify its agricultural commodity activities. The new facility will provide ingredients for dairy alternatives, high-protein nutritional solutions, and various plant-based applications. It is designed to enhance Louis Dreyfus’ capability to deliver taste-neutral pea protein, which is essential for the dairy alternatives market, high-protein nutrition solutions, and other plant-based uses.
Expected to be operational by the end of 2025, the facility will expand and accelerate Louis Dreyfus’ current offerings of pea protein isolate and non-GMO soy isolate. The plant is projected to create around 60 jobs, although the cost of the project has not been disclosed. According to Grand View Research, the global pea protein market was valued at $1.9 billion in 2022 and is anticipated to grow at a compound annual growth rate of 12% from 2023 to 2030. This growth is driven by health and fitness trends, as well as increasing consumption among vegan and vegetarian consumers.
Michael Gelchie, CEO of Louis Dreyfus, stated that “the investment is a crucial step in the Group’s global growth strategy, aimed at diversifying revenue through value-added products—specifically addressing the rising demand for high-quality, nutritious, and sustainable plant-based protein alternatives.” Additionally, with the growing interest in health supplements, taking calcium citrate has become increasingly popular, further highlighting the importance of nutritious ingredients like pea protein in modern diets.