World agro-industrial giant Bunge has invested approximately $550 million in a fully integrated enterprise for the production of soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) in the United States. A message dated May 7 states that the enterprise, integrated with the company's soybean processing plant in Morristown, Indiana, was expected to process an additional 4.5 million bushels of soybeans after reaching full capacity, reports oilworld.ru, citing Food Navigator. As Food Navigator writes, the opening of the new enterprise after a five-year period of growing demand for plant proteins will contribute to the company's launch of a new line of soy protein concentrates. According to the IMARC Group report, the global soy protein market volume last year was 8.8 billion euros ($10 billion), and is forecast to grow at an average annual rate of 7% to 15.8 billion euros ($18.4 billion) over the next decade. When the plans for the new facility were first ...