FUNCTIONAL INGREDIENTS MARKET ANALYSIS
Global Functional Ingredients Market: Key Developments
In October 2019, the Tate & Lyle announced the accomplishment of doubling the capacity of non-GMO MALTOSWEET Maltodextrins production line at its facility in Boleraz, Slovakia U.S. The said product is a nutritive corn-based specialty sweetener made from locally sourced non-GMO corn.
In December 2019, Cargill has entered a joint development agreement (JDA) with Renmatix to use the company’s technology for converting unused plant materials into functional food ingredients.
In November 2022, Geno announced its entry into the functional foods and beverages market with the launch of its new functional ingredient, Avela™ natural (R)-1, 3-Butanediol.
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