How A $200 Million Pea Protein Business Is Fueling The Ozempic Generation
Forbes Daily Briefing
Forbes
4.4 • 18 Ratings
🗓️ 22 March 2026
⏱️ 5 minutes
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| 0:00.0 | Today on Forbes, how a $200 million pea protein business is fueling the OZempic Generation. |
| 0:08.1 | As the OZempic generation seeks to make its calories count, one Minneapolis-based manufacturer |
| 0:13.7 | of pea and soy protein powders has been quietly grown into an AgTech powerhouse amid shelves |
| 0:19.9 | lined with protein-packed cereals, |
| 0:22.1 | pastas, and sports drinks. |
| 0:24.9 | Tyler Lorenzen, CEO of Purist Proteins, says, quote, |
| 0:29.8 | What GLP-1 users all want is to get more protein in their diet. |
| 0:34.0 | It needs to taste great and be more nutritious. |
| 0:36.7 | That's really why Purists is growing faster than |
| 0:38.9 | our peers. People love what they eat, and then great taste is the on-ramp to healthy habits, |
| 0:44.2 | and the flywheel for longevity begins. It's taken 40 years for family-owned purists to be primed |
| 0:51.2 | for this moment, and now what started with breeding soybeans at night out of a |
| 0:55.4 | family basement has become the largest pea-protein manufacturer in America. The 40-year-old |
| 1:02.0 | Lorenzen, whose parents started the company in 1985, says, quote, you invest a lifetime on an idea, |
| 1:09.2 | and when the idea starts to work, then it gets exciting. |
| 1:13.3 | With $200 million in estimated annual revenue, family-run Puris has grown from filling a major |
| 1:20.0 | void in the seed industry. Purists sell soy, corn, and pea seeds to hundreds of farmers in 20 |
| 1:26.3 | states, who produce around 3 million bushels a |
| 1:29.2 | year. Its seed breeding business is complemented by an ingredient processing division that supplies |
| 1:35.1 | pea protein and other ingredients to 200 major food brands, from America's largest private company, |
| 1:41.3 | Cargill, to buzzy startup ritual. |
| 1:50.3 | Lorenzen's 42-year-old older sister, Nicole Atchison, the CEO of Purist Holdings, |
... |
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