- Green Hygienics (OTCPK:GRYN -0.9%) entered into the U.S. plant-based food market with an initial purchase order for its proprietary hemp protein product from a established listed U.S. company.
- As per a Bloomberg Intelligence report in August, the global plant protein market was valued at $29.4B in 2020 and is likely to exceed $162B by 2030 making it 7.7% of the global protein market.
- "Our proprietary processing methods produce a significantly higher-quality product with between 70%-73% protein and very little oil content, making it much easier to work with as a food or supplement additive. The average protein found in the competition's product is between 50%-57% protein and chock full of residual oil," Green Hygienics Scientific Advisory Board Dan Claycamp commented.