Nepra Foods Partners with Industry Expert to Develop Proprietary Hemp Protein for Food Innovation

Rhea-AI Summary

Nepra Foods (NPRFF) has announced a strategic partnership to develop a proprietary concentrated hemp protein for food applications. The initiative, led by Chief Visionary Officer Chadwick White, focuses on creating a superior hemp protein designed specifically for baked goods, with potential for broader applications.

The new protein, currently in early U.S. production, maintains its full nutritional profile while offering improved texture, taste, and versatility compared to existing market alternatives. The innovative process will be subject to a future patent application, with shared ownership between Nepra Foods and its unnamed partner.

The product stands out for being a complete protein with all nine essential amino acids, naturally allergen-free, and environmentally sustainable. Initial samples have shown exceptional quality in baked goods applications. This development aligns with the growing plant-based protein market, projected to reach $23 billion by 2030, with the company reporting strong demand from bakeries and food manufacturers.

Positive

• Development of proprietary hemp protein with patent-pending potential
• Product demonstrates superior functionality in baked goods applications
• Targeting growing plant-based protein market projected at $23B by 2030
• Strong existing demand from bakeries and food manufacturers

Negative

• Partnership terms remain confidential
• Product still in early production phase
• Patent application pending, not yet secured

Breakthrough Ingredient Set to Redefine Plant-Based Nutrition in Baked Goods and Beyond

CENTENNIAL, CO / ACCESS Newswire / February 24, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC PINK:NPRFF) ("Nepra" or the "Company"), a leader in plant-based, allergen-free food solutions, is excited to announce a strategic partnership with a renowned industry expert to develop a proprietary concentrated hemp protein tailored for food applications. Led by Chief Visionary Officer Chadwick White and the Nepra team, this collaboration marks a significant step forward in delivering high-quality, functional, and nutritious plant-based ingredients to a growing customer base.

The new hemp protein, currently in early production in the U.S., is designed to preserve its full nutritional profile and functionality-offering superior texture, taste, and versatility compared to existing hemp proteins currently on the market. Initial samples have already demonstrated exceptional quality and functionality in baked goods, which will initially be the target market. The innovative process behind this protein is slated for a future patent application, with ownership to be shared between Nepra Foods and its partner, though contract terms remain confidential.

"Hemp protein is a game-changer, and we're pushing the boundaries to make it the gold standard in food innovation," said Chadwick White. "This partnership allows us to harness hemp's unique benefits-complete protein, allergen-free properties, sustainability, and egg replacement-while meeting the real demands of our customers. Together, we're baking the future of nutrition."

Why Hemp Protein Stands Out:

• Nutritional Edge: A complete protein with all nine essential amino acids, hemp outshines traditional alternative proteins such as Soy and Pea protein for flavor and functionality.

• Allergen-Free: Naturally free of gluten, soy, and nuts, it's ideal for inclusive diets, a cornerstone of Nepra's mission.

• Sustainability: Hemp requires fewer resources than traditional proteins, aligning with eco-conscious consumer trends.

• Versatility: Engineered for baked goods, its unique protein gelation promises seamless integration into breads, pastries, and more, with potential for broader applications.

Market Potential: This development aligns seamlessly with recent discussions around healthier eating and the rise of regenerative farming. Advocates are calling for nutrient-dense, eco-friendly foods, and hemp fits the bill: a low-impact crop that supports soil health and delivers unmatched nutrition. With the global plant-based protein market projected to hit $23 billion by 2030 (Statista, 2024), Nepra's hemp protein positions the Company as the right player, with the right products, at the right time. Its growing customer base-spanning bakeries and food manufacturers-is already clamoring for this ingredient, signaling robust demand as production scales.

Initial efforts have yielded high-quality samples, with future work focused on streamlining the process and expanding capacity. This development builds on Nepra's expertise in hemp-based innovations and reinforces its leadership in the plant-based revolution.

About Nepra Foods Inc.
Nepra Foods is a vertically integrated food company committed to making healthy eating accessible and enjoyable for all. From its facility in Centennial, Colorado, Nepra crafts proprietary, allergen-free, and plant-based ingredients - such as hemp protein and gluten-free blends, empowering food manufacturers worldwide. With over 100 years of combined team expertise, Nepra delivers nutrition without compromise. Learn more at www.neprafoods.com.

Media Contact:
Chadwick White
Chief Visionary Officer
Nepra Foods Inc.
Phone: 720-729-8500
Email: chadwick.white@neprafoods.com

Investor Contact:
Billy Hogan, CEO
Toll-Free: 844-566-1917
Email: investors@neprafoods.com

Forward-Looking Statements: This release contains forward-looking information under applicable securities laws, including statements about product development, patent applications, and market potential, based on management's current expectations. These are subject to risks and uncertainties that may cause actual results to differ. See Nepra's filings on SEDAR+ at www.sedar.com for details.

The CSE has neither approved nor disapproved the contents of this news release and does not accept responsibility for its adequacy or accuracy.

SOURCE: Nepra Foods Inc.

View the original press release on ACCESS Newswire

FAQ

What is the market potential for Nepra Foods' (NPRFF) new hemp protein product?

The product targets the global plant-based protein market, projected to reach $23 billion by 2030, with initial focus on the baked goods sector.

What are the key advantages of Nepra Foods' (NPRFF) new hemp protein?

The protein offers complete amino acid profile, allergen-free properties, superior texture and taste, sustainability benefits, and versatile application in baked goods.

When will Nepra Foods (NPRFF) file the patent for their new hemp protein?

The innovative process is slated for a future patent application, with ownership to be shared between Nepra Foods and its partner.

What is the current production status of Nepra Foods' (NPRFF) hemp protein?

The protein is currently in early production in the U.S., with initial samples already demonstrating exceptional quality and functionality in baked goods.

How does Nepra Foods' (NPRFF) hemp protein compare to traditional alternatives?

The protein outperforms traditional alternatives like soy and pea protein in terms of flavor, functionality, and nutritional profile, while being allergen-free.