Burcon NutraScience Corporation, a global leader in plant-based protein technology, has announced the launch of its Puratein canola protein into the rapidly expanding egg replacement market. The company’s canola protein offers food manufacturers a sustainable, cost-effective alternative to eggs, particularly for use in baked goods.
The egg market has faced significant supply challenges, driven by outbreaks of avian influenza that have disrupted production. In the U.S., demand has outpaced supply, leading to a sharp rise in egg prices. Data from the U.S. Bureau of Labor Statistics and USDA shows that the price of eggs rose by 57% year-over-year in August 2024, while powdered whole egg prices increased by 15%. As a result, food producers are increasingly seeking alternatives to eggs to manage costs and supply shortages.
Burcon’s canola protein isolate, which boasts over 90% protein purity and strong functionality, has proven to be an effective egg substitute in bakery applications. According to company data, it can replace up to 100% of powdered or shelled eggs in such applications, delivering cost savings of 20-30%. The plant-based protein also offers a vegan-friendly option, providing price stability and functionality.
“We are encouraged by the positive feedback from customers using our canola protein as an egg replacer,” said Kip Underwood, CEO of Burcon. “The food industry has long sought a viable plant-based alternative to eggs, and our canola protein not only meets this need but also opens the door to more sustainable, innovative food solutions.”
Burcon’s entry into the egg replacement market comes as the food industry seeks to diversify protein sources amid rising costs and growing consumer demand for plant-based options.