A $378 million investment in the establishment of three plant-based protein facilities in SA is being tipped as a major win in job creation.
But it is also being pushed as a great opportunity for SA pulse growers, in providing a potentially lucrative market.
SA Trade and Investment Minister Stephen Patterson said the successful funding would enable the establishment of state-of-the-art manufacturing facilities in SA, in order to capitalise on rising global demand for plant-based foods and exports.
"In SA we already produce 75 per cent of Australia's lentils, 38pc of fava beans and almost 35pc of field peas along with a well-established cropping sector but up until now these goods have been generally exported as bulk commodities," he said.
Grain Producers SA chief executive officer Brad Perry said the project was a boost for the state's grain industry as it aimed to become a $6b industry by 2030.
Do you think this will boost pulse prices?
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