ADM, a global leader in nutrition, announced in April that it will pump in US$$300 million to significantly expand its Decatur, Illinois (USA) alternative protein production, as it aims to add capacity to meet strong growth in demand for alternative proteins.
ADM will also further enhance its alternative protein capabilities by opening a new, state-of-the-art Protein Innovation Center, also in Decatur.
Leticia Gonçalves, ADM’s President of Global Foods said, “The array of opportunity areas for alternative proteins in foods and nutrition solutions is continuing to grow at 10% CAGR, with alternative meat and dairy sales alone expected to grow by 14% a year and reach US$125 billion in 2030. ADM sales in this space has been growing at rates much faster than the industry’s, and our work to expand our leadership position with new innovation and capacity is an important driver of future growth for our Nutrition business. We’re proud to continue to invest and innovate, delivering on our strategy, supporting global food security and advancing sustainability for our customers and our future.”
The boost in production represents a significant expansion of ADM’s alternative protein capabilities. The project – which is expected to be completed in the 1st quarter 2025 – will significantly strengthen ADM’s ability to meet growing global demand by increasing soy protein concentrate capacity and nearly doubling extrusion capacity at ADM’s Decatur complex. The enhancements will improve production capabilities by utilising the latest cutting-edge technologies and processes, including best-available control technology in line with ADM’s commitments to environmentally sustainable operations.
The project is the latest to expand ADM’s global alternative protein production capacity. Last year, the company acquired Sojaprotein, a leading European provider of non-GMO human nutrition protein solutions. With the 2 investments, ADM will increase its global alternative protein production capacity by more than 30%.
The new Protein Innovation Center will further expand ADM’s cutting edge Decatur-based innovation complex, joining the company’s Food Application Center and Animal Nutrition Technology Center and enhancing the company’s ability to work closely with customers to develop custom solutions to meet their needs. The new Decatur Innovation Center will bring together labs, test kitchens, and pilot-scale production capabilities to power new innovation, from novel and diversified ingredients, to more sustainable and efficient processing, to unique and differentiated texture, taste, appearance and nutrition solutions.
“Our customers choose ADM because we can innovate across the entire value chain, from seed to fork and around the globe, to arrive at the perfect solutions to meet growing consumer demand. We’re proud to be the alternative protein partner of choice for global CPGs, food service companies and startups alike, with the highest-quality ingredients, unparalleled global scale, unmatched speed to market, and a value chain that no other company can offer.”
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Archer Daniels Midland Company (ADM)