The company is moving into production of proteins, starches, and flours from sustainably sourced and Australian-grown faba beans.

The Plant Protein Export Market Development Project will undertake collaborative research and development opportunities targeting various industries.

These include beverages, pet food, fortified foods and feed supplements.

Integra also plans to construct a laboratory at the Dublin site.

This investment will assist in accelerating advancements in protein extraction methods and product quality.

“As a wholly-owned subsidiary of Australian Grain Export, the company has a proud history supporting South Australian growers with marketing their produce to the world.

“We now look forward to building on those strong foundations by creating more options for growers by value-adding and reducing the sole reliance on pricing into often saturated and competitive destination markets.”

Integra Foods will actively work to enter markets including Europe, North America and Australasia, collaborating with manufacturers, distributors and retailers across the supply chain.

To optimise the use of protein found in pulses such as faba beans, Integra Foods has invested in a unique process of protein shifting called dry fractionation.

The first of its kind in Australia, the company uses an environmentally friendly dry-fractionating technique to separate the starches from the proteins in faba beans.

The outcome is protein-rich and starch-rich powdered concentrates that use 90 percent less energy in the production process.

South Australia has some of the world’s best consistent agricultural and cropping regions and is renowned as a producer of global premium quality pulses (faba beans, chickpeas, lentils and lupins), grains (oats, wheat and barley) and has demonstrated hemp production capability.

The state produces half of Australia’s lentils, has a 37pc production share of both faba beans and field peas, and is a significant oat producer.