New Protein Global Inc.

What New Protein Global Inc. does

New Protein Global Inc. (NPG) is a privately held Canadian corporation headquartered in Vaughan, Ontario, that develops and produces hexane-free soy protein ingredients for food and beverage manufacturers. The company's core offering is its proprietary BioPur™ extraction process, which combines Cold Pressing and Bio-Solvent extraction methods to produce clean-label, non-GMO soy proteins — including Soy Protein Isolates (87-90% protein), Soy Protein Concentrates (65-70% protein), Textured Soy Proteins, and Soy Flours — at commercial scale. The technology addresses mounting concerns about hexane, a known carcinogen, in conventional soy protein extraction, while delivering higher Protein Dispersibility Index (PDI), lighter color, neutral flavor, and the ability to qualify for organic certification — supporting 1:1 drop-in replacement of conventional soy proteins.

NPG operates a B2B enterprise sales model, selling directly to food manufacturers producing processed foods, dairy alternatives, meat analogues, nutrition bars, sports beverages, and infant formulas. The company is geographically anchored to a Southern Ontario production facility positioned between Toronto and Detroit, with raw material supply secured through a strategic partnership with Huron Commodities Inc. for non-GMO, Identity Preserved soybeans and an upstream R&D partnership with Can-Gro Genetics Inc. for non-GMO seed development. Leadership comprises CEO Martin Vanderloo (also founder of Huron Commodities), COO Mark Hamelin, CTO Roi Wurgaft, CFO Jim Newell, and Chief Development Officer Graham Markham.

Revenue is generated through one-time ingredient sales contracts with food manufacturers; pricing is not publicly disclosed and is negotiated on a per-contract or volume basis. As of the most recent data, the company has received a $417,168 CAD commercialization grant from Natural Products Canada (2023) and currently operates with no publicly disclosed revenue, no named customer logos, and a commercialization-stage funding profile. The addressable market is sizable — the soy protein ingredients market is valued at $6.7B USD and projected to reach $11.4B by 2027 (6.9% CAGR), with the broader alternative proteins market projected to reach $36.61B by 2029.

Name

New Protein Global Inc.

Legal name

New Protein Global Inc.

Website

https://newproteinglobal.com

Company type

Private

Operating status

Operating

Short description

New Protein Global Inc. is a privately held Canadian company that develops proprietary BioPur™ hexane-free extraction technology to produce clean-label, non-GMO soy protein ingredients — isolates, concentrates, textured proteins, and flours — for food and beverage manufacturers in dairy alternatives, meat analogues, and functional foods.

Ownership category

akta.pro rank

Product category

Food Ingredients - Soy Protein

NAICS

Soybean and Other Oilseed Processing (311224), Food Manufacturing (311)

SIC

Grain Mill Products (2040), Food And Kindred Products (2000)

akta.pro primary industry

Plant Protein Ingredients Manufacturing (Isolates, Concentrates, Flours) (AFAKAGAF)

akta.pro secondary industries

Plant Protein Ingredients (Soy, Pea, Wheat/Gluten, Rice, Oat, Potato) (AFAJAHAA), Plant-Based Protein Ingredient Producers (Isolates, Concentrates, Texturates) (AFANAKAB)

Keywords

• Soy protein ingredients
• Plant-based proteins
• Hexane-free extraction
• Food-grade proteins
• Clean-label ingredients

Headquarters

HQ city

Vaughan

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Soy Protein Ingredients B2B Sales: New Protein Global generates revenue through the sale of soy protein ingredients (isolates, concentrates, textured soy proteins, and soy flours) to food manufacturers in the food and beverage industry. The company sells its clean-label, hexane-free BioPur™ soy protein products to manufacturers in dairy alternatives, meat analogues, functional foods, processed meats, and beverage categories.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

New Protein Global Inc. develops and manufactures hexane-free, non-GMO soy protein ingredients for food and beverage manufacturers using its proprietary BioPur™ extraction process. The company produces soy protein isolates, soy protein concentrates, textured soy proteins, and soy flours on a commercial scale for use in processed foods, meat analogues, dairy alternatives, beverages, nutrition bars, and infant formulas.

Product overview

New Protein Global Inc. offers a portfolio of hexane-free, non-GMO soy protein ingredients produced through its proprietary BioPur™ extraction process. The product lineup includes Soy Protein Isolates (87-90% protein), Soy Protein Concentrates (65-70% protein), Textured Soy Proteins (50-70% protein), and Soy Flours (48-55% protein). The BioPur™ process uses Cold Pressing and Bio-Solvent extraction technologies to achieve superior functionality, light color, neutral flavor, and organic certification capability compared to traditional hexane-based extraction methods.

Differentiator

Problem solved

Functional benefit

Brands

• BioPur™: Proprietary clean-label extraction and purification technology for producing hexane-free soy proteins including cold pressing and bio-solvent extraction processes.

Products and services

• Soy Protein Isolates Major proteinaceous fraction of soybeans containing 87-90% protein, prepared by removing hulls, fat, fibers, and sugars. Used in high protein foods and drinks formulations with functionalities including water retention, gelling, emulsification, solubility, and dispersibility. Targets food manufacturers producing high-protein foods, dairy alternatives, and beverages.
• Soy Protein Concentrates Protein fraction containing 65-70% protein prepared by removing soy hulls, oil, and soluble sugars. Used as raw material for Textured Soy Proteins and in functionalized food applications including processed meats, meat analogs, and nutrition bars.
• Textured Soy Proteins (TSP) Protein-rich, low-fat, low-sodium textured protein made from defatted soy flour (50-55% protein) or Soy Protein Concentrate (65-70% protein) through thermoplastic extrusion. Used to create meat-like fibrous texture in processed meats, meat analogs, seafood products, and poultry toppings.
• Soy Flours Defatted soy flour containing 48-55% protein produced by milling Cold Press and Bio-Solvent extracted flakes. Available in different toasting levels and particle sizes, used as alternative or enhancer to traditional flours in food manufacturing with protein solubility indexes and water holding capabilities.

Quantifiable outcome

• Soy Protein Isolate contains about 87-90% protein; Soy Protein Concentrate contains about 65-70% protein; Defatted soy flour contains 48-55% protein
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core and minor.

• Huron Commodities Inc.coreStrategic or Co-development PartnerHuron Commodities Inc. is a strategic partner providing non-GMO soybeans sustainably grown close to the Canadian production facility with full traceability and continuous quality surveillance. The partnership offers manufacturers a fully integrated and traceable supply chain. Huron Commodities provides custom-sourced grains, beans, and seed products to meet specialized needs of buyers in food and feed industries. The company's CEO Martin Vanderloo also serves as NPG's CEO.
• Can-Gro Genetics Inc.minorStrategic or Co-development PartnerCan-Gro Genetics Inc. is a research and development company dedicated to producing a large variety of non-GMO seeds that maintain or exceed yield so that non-GMO and Organic products stay competitive and affordable. Huron Commodities (and by extension NPG) has a partnership with Can-Gro for early access to soybean varieties with properties the food industry is looking for.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Kerry Group: Global taste and nutrition ingredients company with a broad plant protein portfolio serving dairy alternatives, meat analogues, and functional foods. Overlapping customer base and end-use applications with NPG's soy protein range.
• Wilmar International: Asia-headquartered agribusiness with significant oilseed processing and plant-based protein ingredient capabilities, serving global food and beverage manufacturers across similar application categories.
• Archer Daniels Midland (ADM): Global oilseed processor and major producer of soy protein concentrates, isolates, and textured soy proteins through its Nutrition segment. Directly comparable in product mix (isolates/concentrates/flours) and end-market focus (processed foods, plant-based, beverages).
• International Flavors & Fragrances (IFF / DuPont N&B): Through its legacy DuPont Nutrition & Biosciences business (including the Solae soy protein brand), IFF is a major global supplier of soy protein ingredients to food manufacturers. Directly comparable in isolates, concentrates, and textured soy proteins for processed foods and beverages.
• Cargill: One of the world's largest agricultural commodity and food ingredient processors, with a broad soy protein ingredients portfolio serving dairy alternatives, meat analogues, and processed foods — the same B2B customer base NPG targets, but at vastly larger scale.

Direct peers

• Bunge Limited: Leading oilseed processor with soy protein concentrate and isolate offerings serving food manufacturers. Closely comparable upstream (oilseed crushing) and downstream (protein ingredient sales) activities.
• CHS Inc. U.S. agribusiness cooperative involved in oilseed processing and food ingredient supply, including soy protein products serving food manufacturers and foodservice customers. Comparable in oilseed processing and protein ingredient manufacturing.
• Roquette: Global leader in plant-based ingredients, including pea and soy protein isolates and concentrates for food, nutrition, and pharmaceutical applications. Directly comparable as a specialty plant protein ingredient supplier with similar clean-label positioning.
• Burcon NutraScience: Canadian plant protein technology company developing pea, canola, and soy protein ingredients for food and beverage applications. Directly comparable as a Canadian-headquartered, technology-focused alternative protein ingredient supplier targeting B2B food manufacturers.
• Merit Functional Foods: Canadian plant protein ingredient manufacturer producing pea and canola protein isolates and concentrates for food and beverage applications. Comparable as a venture-stage Canadian B2B protein ingredient supplier focused on clean-label, non-GMO positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Protein Global Inc.