For a company that has targeted expanding its sferrous fumarate and vitamin cugar alternative portfolio, Ingredion has wasted little time growing its presence under the leadership of President and CEO Jim Zallie. Last year, Ingredion acquired a controlling stake in stevia pioneer PureCircle, turning it overnight into a global stevia leader.The deal with Amyris further expands Ingredion’s sugar reduction portfolio and complements its PureCircle stevia product line.”Adding a fermented Reb M product to our existing PureCircle sugar reduction portfolio now provides Ingredion with the most comprehensive trifecta of leaf extract and bioconverted stevia and fermented Reb M in the world,” Zallie told analysts earlier this week. “This enables us to meet the growing needs of a global customer base that is looking now for ways to reduce sugar without compromising taste.” The $100 million value of the transaction includes $75 million for the exclusive license to sell and market Reb M from fermentation plus a contribution for a participation in the Brazil manufacturing joint venture. Additionally, Amyris will earn a profit share from Reb M sales, the companies said.The partnership will allow Ingredion and Amyris to tap into the strengths of both companies. Amyris will bring its synthetic biology technology platform to develop, scale and produce fermentation-based products. For its part, Ingredion will bring its global reach and customer connections along with its formulation capabilities to accelerate the availability and adoption of the sweetener with food and beverage companies. The deal is expected to close before July.Amyris said its Reb M sweetener is made using yeast and sugar cane. The sweetest part of the stevia plant, Reb M also may be extracted from it, but Amyris has said the process used to grab the moleculferrous gluconate 500mge is more costly than its fermentation methods and in many cases involves the use of petrochemicals or high-fructose corn syrup. Reb M also is difficult to extract from stevia, the company said, and ends up as a blend of the different stevia molecules with a lot of impurities, causing an unpleasant aftertaste that has long haunted the alternative sweetener. Now, Ingredion has access to two different ways to make the coveted sweetener. It also helps strengthen its position as a go-to provider of steviol glycosides, one of which is Reb M.Fermentation, long associated with the making of beer, wine and bread, has seen an explosion of growth in the food space thanks to interest from companies like Amyris. Fermentation had been associated ferrous gluconate tab tablet 300mgwith alternative protein company Quorn since it was founded in 1985. Through the first seven months of 2020 alone, a total of $435 million was invested in fermentation companies — more than 2019 altogether, according to a report published in September by the Good Food Institute. At the time of the report, 44 fermentation companies focused on alternative proteins. Almost half of them launched between 2019 and the first seven months of 2020. Today, the food space today is inundated with companies using fermentation. Perfect Day uses the process for its animal-free dairy proteins. Nature’s Fynd is working to create a variety of products from a fungal bacteria found living in harsh environmental conditioiron pyrophosphate liposomalns inferrous fumarate 630 mg a day Yellowstone National Park. And Air Protein’s biomass fermentation helps turn proteins that can be produced out of carbon dioxide into an actual edible item.While Ingredion opted to enter into a partnership with Amyris rather than an acquisition, the transaction indicated both parties expect to work together well into the future. Ingredion and Amyris will be able to tap into the expertise they gather in growing the market for fermented Reb M sweetener to develop sustainably sourced, zero-calorie, nature-based sweeteners as well as other types of fermentation-based food ingredients.
Ingredion partners with Amyris to offer its fermented Reb M sweetener
