Burcon Launches Commercial Pea Protein Production in Illinois

Burcon NutraScience Corporation, a leader in plant-based protein innovation, has successfully commenced commercial production of its Peazazz® pea protein at its Galesburg, Illinois facility, marking a significant operational milestone. The company is showcasing a full suite of high-purity plant-based protein ingredients, including its latest innovation, FavaPro™, a neutral-tasting fava protein designed for clean-label and sustainable applications, at the upcoming IFT FIRST event in Chicago. Burcon's Peazazz protein offers high purity, neutral flavor, and versatile functionality suitable for various food and beverage products, with commercial production ramping up to meet growing customer demand and support long-term recurring revenue. The company anticipates achieving positive cash flow by 2026, with projected revenues of $1-3 million in 2025 and over $10 million in 2026, while actively progressing customer supply agreements to expand market penetration. Burcon also executed a share consolidation to optimize its capital structure and attract new investors, although financial analysts caution about the company’s current financial challenges and recurring losses. Overall, Burcon is positioned for growth in the plant-based protein market by delivering innovative, high-quality ingredients aligned with consumer demand for taste, nutrition, and sustainability.