Intended for the food industries in the fastest growing markets, including the EU, North America, and Asia
NUTRIS Group has opened the first European hybrid factory for the production of premium plant-based ingredients from fava beans and potatoes in Novi Senkovac, Croatia.
With this investment, worth 30 million EUR, NUTRIS positioned Croatia as one of the first countries to invest in the plant-based food industry, which is one of the world’s fastest growing industries. The global plant-based food market is expected to reach $77.8 billion in 2025.
The investment is a joint venture with the Danish SiccaDania, one of the top companies providing engineering solutions for the plant-based industry. The factory uses groundbreaking technology that the University of Copenhagen (UCPH) had been developing for over a decade, and that SiccaDania and NUTRIS.tech have intensively tested and further improved, at the same time proving its application in an industrial environment.
This investment is part of a larger investment cycle, which includes expansion of existing facilities until 2025 and establishment of state-of-the-art NUTRIS.park, as leading agro-industrial HUB, by 2030.
NUTRIS.tech produces protein isolates, starch and fiber from fava beans and potatoes, and currently cooperates with more than 250 family-run farms and employs 50 experts. Their goal is to reach a production capacity of 70,000 tonnes of high-quality ingredients for the food industry by 2025 in cooperation with more than a thousand family-run farms, as well as to create another 100+ new jobs.