News

Chickpea Protein to Expand Plant-Based Sector

Israeli company CHiCK.P is developing chickpea protein to capture its share of the booming plant-based protein industry.

Israel-based startup CHiCK.P plans to enter the lucrative plant-based protein market with its tasteless, high-protein chickpea products. Founded by Ram Reifen, MD, professor of human nutrition at the University of Jerusalem, the company produces chickpea concentrates with 60-90 percent protein content and isolates with more than 90 percent protein content. “We are negotiating with various partners in Israel, Europe, and the US and samples of our products are being evaluated by various food companies for use in meat substitutes, dairy alternatives, beverages, pastries, [snack bars], and more,” Reifen told media outlet Foodnavigator. While the use of soy in plant-based products is still popular, pea-based protein—an ingredient found in Beyond Meat’s Beyond Burger, Ripple’s line of vegan milk, and Coffee-mate’s new vegan creamers, amongst many others—is gaining market share due to soy’s allergenic properties. Reifen estimates that chickpea protein—which does not pose major allergen concerns—will be an $8 billion industry by 2024 and believes CHiCK.P will garner $300 million in revenue within a five-year time period. According to a recent study by market research firm Packaged Facts, beans and legumes are gaining traction amongst consumers looking for plant-based protein and chickpea-based snacks saw a 150-percent increase in sales last year.

More News

World's First 24-Hour Vegan Drive-Thru Debuts in June

Canada's Globally Local will serve vegan versions of Big Macs and Whoppers at its new late-night location.
Read More »

H&M Names "Wineleather" a Global Changemaker

Italian company Vegea Vegetal Leather creates vegan materials from grapes left over from the wine industry.
Read More »

White Castle Rolls Out New Vegan Black Bean Slider

The tiny sandwich joins White Castle's original veggie slider option as the chain expands its plant-based options.
Read More »

Vegan BBQ Turns Into Proper Sit-Down Restaurant

Portland's Homegrown Smoker will bring re-imagined versions of its vegan tempeh Reuben and Shepard's Pie to the St. John's neighborhood this summer.
Read More »

Chickpea Startup Gets $8 Million Capital Boost

Plant-protein company Nutriati received a sizable investment from firms in London, San Francisco, Los Angeles, and Virginia to help bring its in-demand products to market.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »