Every day our researchers read through the top innovation headlines and provide their expert opinions on important developments and industry news. Our analysts then evaluate news based on potential importance ranking the developments from Truly Disruptive to Ignore.
On Fridays we highlight our Lux Take on the top news for the week. Check out our thoughts on the latest emerging technology and innovation news for the past week below.
Tate & Lyle moves to acquire chickpea producer Nutriati
Abby Terrio, Senior Research Associate
Lux Take: Average Importance
"Tate & Lyle announced the acquisition of chickpea ingredient producer Nutriati following its distribution agreement with the startup in 2021. This news is not surprising given the rising popularity of chickpea as an alternative protein ingredient. Other major players like Ingredion made an equity investment in chickpea producer InnovoPro earlier this year. The war in Ukraine's effect on the availability of common plant proteins like soy and wheat spurred interest in alternatives. Watch for Israeli company ChickP to also accept investments or a partnership from one of the major ingredient companies. There may also be investment or acquisition activity involving fava bean, lupin, and pea ingredient producers on the horizon."