ADM has announced it will invest approximately $300 million to significantly expand its Decatur, Illinois, alternative protein production, as the company continues to add capacity to meet strong demand growth. ADM will further enhance its alternative protein capabilities by opening a new protein innovation center, also in Decatur.
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The project, expected to be completed in the first quarter of 2025, is designed to increase ADM’s soy protein concentrate capacity and nearly double extrusion capacity at ADM’s Decatur complex.
Between the current project and last year’s investment in Sojaprotein, ADM will increase its global alternative protein production capacity by more than 30%.
The protein innovation center will further expand the Decatur-based innovation complex, joining the company’s Food Application Center and Animal Nutrition Technology Center, and is said to enhance the company’s ability to work closely with customers to develop custom solutions to meet their needs. The new Decatur innovation center is designed bring together labs, test kitchens and pilot-scale production capabilities to power new innovations, from novel and diversified ingredients, to more sustainable and efficient processing, to unique and differentiated texture, taste, appearance and nutrition solutions.
Leticia Gonçalves, ADM’s president of Global Foods, said, “The global trends of food security and sustainability are driving structural changes in the food industry, including strong growth in alternative proteins, and we’re investing to ensure ADM remains a leader in this vast and exciting space. 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 $125 billion in 2030. Our sales in this space have 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.”
Gonçalves continued, “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. The investments we’re announcing today showcase our commitment to supporting their success and growing with them as more and more consumers choose alternative proteins.”