The protein will be based on non-genetically modified canola - a vegetable oil derived from a variety of rapeseed - which the partners hope to have commercially available at the end of 2021.
To that effect, they are building a state-of-the-art industrial production facility – fully dedicated to canola proteins – at Avril's Saipol facility in Dieppe, France.
“With 10 billion inhabitants by 2050, experts predict global demand for both animal and plant-based protein to grow, with exponential growth in plant-based proteins due to dietary shifts,” said Avril CEO Jean-Philippe Puig.
“Through this collaboration, Avril and DSM intend to join forces to contribute through innovation to meet the growing demand.”
Flexitarian, vegetarian and vegan on the rise
According to the companies, the new protein will have ‘excellent functional properties, a high nutritional value and a balanced taste profile,’ and will be suitable for a range of applications, including baked goods, ready-to-mix batters and snack bars.
DSM added its knowledge of solutions for food and beverages is complemented by Avril’s ‘ambitious strategy’ of innovation in plant-based proteins.
“More people are opting for flexitarian, vegetarian and vegan diets for personal, health and environmental reasons," said Trish Malarkey, chief innovation officer of DSM.
“With our expertise, DSM can support all forms of proteins produced to the highest sustainable standards.
“With Avril as a partner, we will be uniquely positioned to serve this growing market and look forward to helping our customers deliver great tasting, healthy, and sustainable food and beverages.”
Royal DSM is a global science-based company committed to delivering solutions for a more sustainable, bio-based economy. The listed company was founded in 1902 and has annual net sales of around €10bn ($11.19bn).
The Avril Group was set up in 1983 to create sustainable value for the French vegetable oils and proteins sectors while contributing to better foods for people and preservation of the planet. In 2018, it achieved turnover worth €6bn ($6.71bn) and employs over 7,000 people in 22 countries.