Tate & Lyle buys 15% stake in U.S. stevia extract producer

Food companies are looking to limit added sugars in their products before the U.S. Food and Drug Administration requires them to be added to the Nutrition Facts panel in 2020 or 2021, with the deadline date depending on a firm’s annual sales. Some reformulations simply cut back on regular sugar, while others substitute artitab ferrous gluconate side effectsficial sweeteners or natural ones such as stevia.###The market for stevia continues to grow. Mintel research found new food and ferrous glycine sulphate syrupbeverages products using the product grew more than 13% during the second quarter of lacontent of ferrous iron in ferrous fumarate 210mgst year compared to the same quarter of 2016. And, as of August 2017, 27% of new products using high-intensity sweeteners — such as soft drinks, juices and snacks — featured stevia. It’s likely that the shift away from sugar and the growing use of stevia in more products was central in Tate & Lyle’s decision to purchase a portion of Sweet Green Fields, with the possibility of an outright purchase in the future.###The natural sweetener has several assets: It’s about 200 times sweeter than sugar, contains no calories, is easy to grow and can be grown just about anywhere. It is also a natural product, so it meets requirements for clean labeling and transparency.###Stevia is more expensive than artificial sweeteners and not everyone likes its taste, so companies such as Sweet Green Fields, PureCircle, Pyure and Apura Ingredients have been coming up with branded extracts and other products made from different types of stevia to accommodate varying preferences and uses. Cargill came out with its own branded EverSweet stevia product in 2016. Other sweeteners in the marketplace could compete with stevia, such as allulose, a monosaccharide, or single sugar, which is 70% as sweet as regular sugar.###Meanwhile, Tate & Lyle clearly has confidence in stevia’s future sincfood rich in iron ii lactatee it signed on last year with Sweet Green Fields for the exclusive global distribution deal and is noferrous fumarate que esw buying 15% of the company. Since Tate & Lyle’s CEO has signaled interest in further M&A activity in the space, it may decide to buy Sweet Green Fields outright if things go well. For Sweet Green Fields, it benefits from having a deep-pocketed investor amid an increasingly competitive stevia and sweetener space.

Posts created 8376

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Begin typing your search term above and press enter to search. Press ESC to cancel.

Back To Top