This milestone establishes TurtleTree as the first precision fermentation dairy company globally to obtain vegan certification, and the first ever to receive the Certified Vegan logo in the 24 years it’s been administered, it stated.

Milk has a proven legacy of providing health and wellness benefits through its 13 essential nutrients that solidifies its place in the Dietary Guidelines for Americans and has earned endorsements from leading health organizations.

The investment will enable Yili to rank among the top three leading global companies in the lactoferrin category, with a market share of approximately 10 percent, the company stated.

The plant will run on 100% green electricity, which is largely generated by FrieslandCampina’s member farms and certified under the European Union’s Guarantee of Origin scheme.

Innovation abounds in protein ingredients and dairy applications. In the plant-protein category, soy remains a strong player due to its nutritional profile, but pea is the most sought after plant protein, according to experts. 

Gut health and protein ingredients have a long future runway. “The spike in usage of vitamins and zinc parallels the rise in consumption of immunity supplements and indicates growth potential for immune health innovation,” according to Unlocking Insights Into the Supplement Consumer: 2022 Trends and Opportunities, a whitepaper produced by Marketplace.