FDBusiness.com

LycoRed Expends Natural Beta-Carotene Production Capacity

 Breaking News
  • Canadian Dairy Giant to Acquire Dairy Crest For £975 Million Canada-based Saputo Group, which is one of the top ten dairy processors in the world, has made a recommended all cash offer of £975 million to acquire Dairy Crest, the UK dairy business. The acquisition will allow Saputo Group to increase its international presence and enter the UK market by acquiring and investing in a [...]...
  • Danone Continues to Make Progress Towards its 2020 Objectives Danone has reported a 0.7% decline in revenue to €24.66 billion with operating income down 26.5% to €2.74 billion for 2018. However, on a ‘like-for-like New Danone’ basis consolidated sales rose by 2.9% with a 3.6% growth in value, led by a continued mix and portfolio valorization, largely offsetting a 0.7% decline in volumes. All [...]...
  • European Commission Clears Acquisition of Gleadell by ADM The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of Gleadell Agriculture by ADM Arkady, both based in the UK. Gleadell is a supplier and exporter of various grain and oilseed products. ADM is part of the Archer Daniels Midland group of companies and is a processor of a [...]...
  • Arla Foods Delivers Turn-around After Tough Start to 2018 After a difficult first quarter, Arla Foods came out of 2018 with improved sales and brand share as the international dairy co-operative’s performance grew stronger throughout the year. The transformation programme Calcium delivered cost-savings far beyond targets for the year and thanks to a historically strong balance sheet the board of directors has proposed to [...]...
  • British Gin Boosted by Exports The latest figures from HM Revenue and Customs show that British gin sales abroad, in 2018, were worth £612 million – up 15% on the previous year. In 2016 export sales of the juniper-based spirit broke the half a billion-pound mark for the first time and since then the popularity of British gin has seen [...]...

LycoRed Expends Natural Beta-Carotene Production Capacity

LycoRed Expends Natural Beta-Carotene Production Capacity
November 08
11:40 2013

LycoRed, Israel, announces the expansion of production capacity of its natural beta-carotene colouring line in response to the growing demand of food and beverage companies in the US, West Europe and Asia-Pacific. LycoRed will showcase Intense®, its new line of formulations of natural beta-carotene colours, at the FiE show, November 19-21, Frankfurt, booth No. 91F21

The expansion of natural beta-carotene colouring line will take place at LycoRed’s state-of-the-art facilities in the Ukraine, where B.Trispora biomass is produced. Production is expected to grow by double digits throughout 2014. LycoRed carries a variety of beta-carotene formulations under the brand name Lyc-O-BetaTM.Included are several emulsion and dispersion systems designed specifically for a wide variety of beverage and food applications.

“The production expansion is a result of a growing global demand for LycoRed’s natural beta-carotene colours, as well as supplying agreements with leading food and beverage companies,” explains Roee Nir, Global Commercial Manager of Colour for LycoRed. “The trend of replacing artificial colours with natural food colours started several years ago, and now the increasing concern of consumers has led to their direct approach to major food and beverage companies. They are demanding manufacturers to remove or replace artificial colours. Our recently launched Lyc-O-BetaTM Intense and BetaCoteTM Intense spurred market interest beyond our expectations.” Lyc-O-Beta Intense delivers higher colour intensity for orange-coloured beverages, allowing reduced colourant usage—and therefore higher cost effectiveness—for the customers.

According to recent data provided by Innova Market Insights, 2012 alone accounts for nearly all of the 28.0% of product launches tracked with natural food colourants between 2008 and 2012. The average annual growth of product launches with natural food colourants is 22%.

 

About Author

colin

colin

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • June 18, 2019Multimodal 2019
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here



Advertisements