November 15, 2023
(press release)
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- New investments to production capacity increase scale and supply of food and beverage industry’s most popular stevia ingredients Incorporated (NYSE: INGR), a leading global provider of specialty ingredients to the food and beverage industry, announces the expansion of PureCircle™ by ’s stevia production facility in , further extending its position as the largest scale operator for stevia ingredients from bioconversion. About Incorporated (NYSE: INGR) headquartered in the suburbs of Chicago, is a leading global ingredient solutions provider serving customers in more than 120 countries. With 2022 annual net sales of nearly $8 billion, the Company turns grains, fruits, vegetables, and other plant-based materials into value-added ingredient solutions for the food, beverage, animal nutrition, brewing and industrial markets. With Idea Labs® innovation centers located around the world and approximately 12,000 employees, the Company co-creates with customers and fulfills its purpose of bringing the potential of people, nature, and technology together to make life better. Source: Incorporated [Category: Business Expansion] Copyright 2023 Contify.com
This expansion grows PureCircle’s bioconversion technology capacity, supporting four times the current capacity for these ingredients. The investment significantly increases the scale and supply of the best-tasting stevia leaf ingredients for replacing sugar and artificial sweeteners across food and beverage categories.
“Food and beverage brands are prioritizing the removal of sugar and artificial sweeteners in product reformulation,” said Nate Yates, global platform lead for sugar reduction at . “Historically, brands have had limited access to the best-tasting stevia leaf solutions at scale. This significant investment in the production capacity to produce stevia ingredients, like Reb M and other better-tasting steviol glycosides, unlocks deeper sugar reduction possibilities and optimized taste performance for companies of all sizes.”
Earlier this year, announced the launch of its PureCircle™ Clean Taste Solutions which provide clean-tasting sweetness across several categories including beverages, dairy, tea, coffee, sports nutrition, bakery, confectionery, savory, sauces and dressings. The expansion of the PureCircle facility will further accelerate brands’ formulation efforts, by increasing the amount of finished stevia ingredients which make Clean Taste Solutions possible.
PureCircle offers the industry’s broadest portfolio of non-GMO sweeteners from the stevia plant. This combined with ’s complete Sugar Reduction toolkit of functional build back ingredients and flavorings with modifying properties bring tailored taste and texture performance, and new sugar reduction possibilities in food and beverage products consumers are asking for.
research shows 76% consumers find limiting sugar important for their health, and two-thirds of consumers are willing pay more for food and beverage products, which help them achieve their goals related to sugar intake.
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