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Lantmännen invests in new pea protein plant

Lantmännen invests in new pea protein plant
Lars-Gunnar Edh, Head of the Energy Sector, Lantmännen Group (photo courtesy Lantmännen).

Northern Europe’s leading integrated agricultural cooperative, Lantmännen Group has announced that it is investing over SEK 1 billion (≈ EUR 93.8 million) in a new large-scale production facility for pea protein in Lidköping, Sweden to strengthen its "leading position" in the market for plant-based proteins.

Lantmännen is now starting the detailed design of a new large-scale production facility in Lidköping. The new production facility is expected to be completed in early 2026.

At full utilization, the plant will have the significant industrial capacity to process peas into a highly concentrated pea protein isolate, while residual streams will be connected to existing biorefineries.

The investment creates new conditions for Swedish farmers to grow another crop in their crop rotation and has several advantages for both environment and climate.

This investment is an important building block that strengthens our food ingredient offering. Through it, Lantmännen strengthens its position as the leading player in plant-based proteins, said Lars-Gunnar Edh, Head of the Energy Sector.

Complement protein portfolio

The pea proteins will complement the existing range of sustainable grain-based proteins from wheat and oats. The protein isolate will have many applications such as protein drinks and bars, dairy substitutes, bread, and meat analogues.

The market has shown high growth rates for many years in a row and there are several synergies between the existing production in Lidköping and the biorefineries in Norrköping and Kimstad. Additionally, peas are good crops to have in the crop rotation and an important substitute for the imported soybean, Lars-Gunnar Edh added.

The investment is partly financed by the Swedish Environmental Protection Agency through the “Climate Step” (Klimatklivet) program, which is part of the European Union’s investment program NextGenerationEU.

This is another important investment in the Swedish food sector and a milestone in our strategy to take responsibility from field to fork. It’s good for our members, active Swedish farmers, food producers – and consumers who will benefit from having more Swedish and sustainably produced products to choose from, said Magnus Kagevik, Group President and CEO of Lantmännen.

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