FDBusiness.com

LycoRed Expends Natural Beta-Carotene Production Capacity

 Breaking News
  • Nomad Foods to Acquire Goodfella’s Pizza UK-based Nomad Foods, Europe’s largest frozen food producer, has agreed to acquire the Goodfella’s Pizza business of Green Isle Foods from Boparan Holdings (incorporating 2 Sisters Food Group) for approximately €225 million on a debt free, cash free basis. Green Isle Foods is Ireland’s largest frozen food producer and is headquartered in Naas, County Kildare. The [...]...
  • CMA Accepts Refresco’s Remedy Proposal The UK Competition and Markets Authority (CMA) has in principle accepted the remedy proposed by Refresco regarding the acquisition of Cott’s bottling activities. Completion of the acquisition is now anticipated on 30 January 2018. On 3 January 2018, the CMA decided that the acquisition of Cott’s bottling activities by Refresco raises potential competition concerns in the [...]...
  • Dairy Crest Appoints Tom Atherton as Deputy Chief Executive Dairy Crest has appointed Tom Atherton as Deputy Chief Executive with immediate effect. He retains his responsibilities as Group Finance Director. Tom Atherton. Since his appointment to the Board in 2013, Tom Atherton has taken on additional responsibilities including the chairmanship of Frylight, the strategic leadership of Dairy Crest’s Butters, Spreads and Oils business, and more recently [...]...
  • European Strategy on Plastic Waste Adopted The first-ever Europe-wide strategy on plastics, has been adopted. It is a part of the transition towards a more circular economy. It is designed to protect the environment from plastic pollution whilst fostering growth and innovation, turning a challenge into a positive agenda for the Future of Europe. There is a strong business case for transforming the way [...]...
  • Nestlé to Sell US Confectionery Business to Ferrero Nestlé has agreed to sell its US confectionery business to Ferrero, the third-largest company in the global chocolate confectionery market, for SFr2.8 billion ($2.8 billion) in cash. Nestlé’s 2016 US confectionery sales reached about SFr900 million. The transaction is expected to close around the end of the first quarter of 2018 following the completion of [...]...

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

  • January 16, 2018Sival Plant Production Trade Show
  • January 17, 2018Anfas Food Product
  • January 17, 2018Dutch Organic Trade Fair
  • January 19, 2018International Green Week
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements