The first step will see more than €30m ($34m) invested. The entire program will lead to a capacity increase of more than 40% of BENEO’s global chicory root fiber production to meet rising customer demand and drive further growth within the market. The work on both production sites is beginning in 2022.
Current market trends see a high demand in prebiotic chicory root fiber. Over the past four years, the number of new product launches containing chicory root fiber inulin has grown by 50% globally, with the market expected to reach $11.48bn by 2028. BENEO’s latest investment will allow for continued fulfillment of market needs within the food and feed industry.
Christoph Boettger, member of the executive board at BENEO, said, “BENEO’s chicory root fibers meet key consumer needs of today and we are convinced that they will continue to play a central role in healthy nutrition in the future. With increased capacity, BENEO continues to offer a secure supply to its customers and partners worldwide.”
Inulin and oligofructose from chicory root fiber are the only plant-based prebiotics. According to the International Scientific Association for Pro- and Prebiotics (ISAPP), they belong to the very few proven prebiotics. The use of chicory root fibers in product development allows manufacturers to respond to leading consumer trends such as digestive health and immunity, inner well-being, weight management, blood sugar management and bone health.
BENEO said having production sites in both the northern and southern hemispheres ensures a secure global supply of prebiotic chicory root fiber.
