SASKATOON, Saskatchewan,
May 13, 2020 /PRNewswire-PRWeb/
-- Northern Quinoa Production Corporation (NorQuin) has
entered into an exclusive commercial agreement with one of the
world's largest ingredient suppliers, Ingredion Incorporated, which
will distribute NorQuin's high-value quinoa flours, a non-GMO
plant-based protein ingredient, to more than 120 countries
worldwide.
NorQuin has invested more than two decades of research to
develop proprietary, high-yielding, non-GMO varietals of quinoa
which can be traced from farm to fork. As NorQuin CEO Aaron Jackson indicates, "we are thrilled to
partner with Ingredion to bring quinoa flour and quinoa innovation
to market at scale. Ingredion's global reach across 120 countries
and their research and development expertise will dramatically help
NorQuin's ability to drive the mainstream growth of quinoa in a
variety of applications."
NorQuin's quinoa products also stabilize a market which has been
traditionally affected by South American supply challenges and
erratic pricing. "We have created the largest vertically integrated
supply chain in North America to
ensure supply and consistent pricing with local origin. NorQuin has
partnered with North American family farms and is committed to food
safety, quality, and traceability," says Mike Jewett, NorQuin's vice president of sales,
"We are very excited about our new alliance and look forward to
working with customers to commercialize new products."
True to NorQuin's core mission, this exclusive relationship with
Ingredion makes quinoa more accessible to improve human health,
improve the resource efficiency of consumed food, and expedite the
development of quinoa products that will provide high-value plant
protein with a complete amino acid profile. "Ingredion's global
reach, deep-rooted distribution channels, and applications
expertise will help accelerate NorQuin's growth and deliver on our
fundamental objective," says Jackson. Jim
Zallie, Ingredion's president and CEO agrees, "Consumers
today are looking for foods and beverages made with real
ingredients that are familiar, trusted, sustainably sourced and
authentic. This latest investment complements our pulse-based
protein portfolio, unlocks future growth opportunities and enhances
our ability to co-create with our customers to deliver
consumer-preferred foods and beverages that are nutritious and
taste great."
NorQuin's products will augment Ingredion's existing line of
pulse-based flours to include quinoa-based flours for use in
snacks, crackers, baked goods, as well as dairy and meat
alternatives. "Customer demand for plant-based protein is rapidly
growing around the world, and we want to offer a full range of
solutions that best meet our customers' needs," says Tony DeLio, Ingredion's senior vice president of
corporate strategy and chief innovation officer, "working with
NorQuin, we have the opportunity to further innovate and
commercialize novel quinoa-based protein offerings for food
manufacturers."
About Ingredion
Ingredion is a leading global ingredient solutions provider serving
customers in more than 120 countries. With 2019 annual net sales of
more than $6 billion, Ingredion turns
grains, fruits, vegetables and other plant-based materials into
value-added ingredient solutions for the food, beverage, animal
nutrition, brewing, and industrial markets.
About NorQuin
NorQuin is a technology-enabled agricultural business headquartered
in Saskatoon, Saskatchewan. The
company is a vertically integrated supplier of quinoa and quinoa
derivative products that can be used in a variety of applications.
NorQuin has been developing high-yielding non-GMO, novel varieties
of quinoa for more than 20 years that are optimal for Canada's growing regions. Dedicated to its
mission to improve human health through the food we eat, the
company is focused on accelerating the movement of plant-based
proteins. Please visit quinoa.com for more information.
SOURCE NorQuin