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Thijs Bosch is the managing director at Cosun Protein, the Plant Protein Business Unit of Royal Cosun. He has extensive experience in the food ingredients and protein markets, including strategy development, commerce, and operational management. This experience aligns with the company’s strategic ambition to grow in the plant protein market. Under his leadership, it aims to develop a new generation of plant proteins with top quality in terms of taste, purity and solubility.
Could you provide an overview of your professional journey and elaborate your current roles and responsibilities within the organization? My career began in strategy consulting at Bain and Company, where I spent five years working across Europe and Australia. Later on, I transitioned to Fonterra, a large dairy cooperative based in New Zealand. In Fonterra I was responsible for sales, supply chain, sourcing, and overseeing the construction of specialty dairy ingredients factories across Europe. I eventually started managing Fonterra's European business, which primarily dealt with specialty dairy ingredients. Two years ago, I made a significant shift from dairy proteins to plant-based proteins and joined Royal Cosun as the director of Cosun Protein. This move was driven by my desire to work in a growing field with a focus on sustainability and innovation, and to fully utilize the potential of plants. I was also drawn to the cooperative structure of Cosun, which is owned by farmers. My current objective is to fast-track and expand Cosun’s position in the plant-based protein market. What are the major challenges prevailing in the alternative protein industry? The plant-based and alternative protein industry is undergoing a significant reset. This sector experienced a boom with the introduction of meat and dairy alternatives about four to five years ago but is now facing a reality check. Many products that entered the market in recent years failed to deliver on taste, texture, and nutrition. They were often perceived as too processed and expensive compared to traditional meat and dairy products. There is also the challenge of scaling new ingredients and products. Our work of cultivating and processing fava beans is an example of introducing new crops and creating new ingredients. This process is time-consuming and requires significant innovation, especially when competing with established dairy-based products that have been on the market for decades. What are the major trends shaping the alternative protein industry? A major trend in the food industry is the growing preference for locally sourced ingredients. This is known as 'local for local' and it reflects consumers' increasing interest in understanding the origins of their food. It prompts businesses to use ingredients that are sustainably cultivated and produced locally. The transition from animal-based to plant-based ingredients involves considering the entire value chain, from farmers who produce the crops to retailers who play a crucial role in convincing consumers to buy these products. This comprehensive approach is also becoming a popular practice in the industry.The transition from animal-based to plant-based ingredients involves valorizing the whole plant to be successful in the industry. This includes all parts of the plant—the protein, fiber, starch, and any co-products that might be produced