ADM Opens More Than $30 Million State-of-the-Art Production Facility in Spain to Meet Growing Demand for Probiotics
07 Février 2023 - 12:00AM
Business Wire
ADM (NYSE: ADM), one of the world’s leaders in science-backed
nutrition solutions, announced today that it has opened a new
production facility in Valencia, Spain to help meet rising global
demand for probiotics, postbiotics and other products that support
health and well-being.
The production facility represents an investment north of $30
million and a more than five-fold increase in ADM’s production
capacity, increasing it to 50 metric tons per year. The facility
will allow ADM to supply growing markets for probiotics and
postbiotics in the U.S., Asia-Pacific and Europe. ADM expects its
customer base will more than triple over the next five years as
more people recognize the links between the gut microbiome and many
aspects of health and look for products tailored to their specific
needs.
The facility, the world’s first to produce both probiotics and
postbiotics at the same site, will help the company fulfill its
expansion strategy in the health and well-being sector. ADM is on
its way to realizing its ambition to increase health and wellness
revenue from over $500 million in 2022 to $2 billion within 10
years.
“Health and well-being is one of the three enduring trends
powering ADM’s growth strategy: Consumers are increasingly aware of
the role their gut microbiome can play in their everyday lives, and
they’re seeking nutrition solutions that are backed up by
science-based research,” said Mark Lotsch, president, Global Health
& Wellness. “ADM is a leader in meeting this growing global
demand, and we’re continuing to invest in the cutting edge of
health and nutrition,” he said.
The site will produce ADM’s award-winning probiotic BPL1™* and
the heat-treated BPL1™ postbiotic, as well as other ADM proprietary
strains, supplying a broad range of customers. It will also be able
to support further growth in ADM’s UK-leading Bio-Kult brand of
products.
The new facility is located close to ADM’s pioneering research
and development center in the University of Valencia Scientific
Park, where ADM scientists undertake activity including
next-generation genome sequencing and early-stage testing of new
bacterial strains.
Market research estimates that the probiotic supplements retail
market could surge to $10.4 billion by 2027 from about $8.3 billion
in 20221. That growth is being driven by rising demand for
science-based probiotic formulas that are used in dietary
supplements, and also dairy products, food, healthy snacks and
beverages, as well as pet and animal well-being products.
* BPL1® is a trademark registered for Biopolis S.L. in the EU
and other countries. 1Euromonitor – Passport Data 2023
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re a premier global human and animal nutrition company,
delivering solutions today with an eye to the future. We’re blazing
new trails in health and well-being as our scientists develop
groundbreaking products to support healthier living. We’re a
cutting-edge innovator leading the way to a new future of
plant-based consumer and industrial solutions to replace
petroleum-based products. We’re an unmatched agricultural supply
chain manager and processor, providing food security by connecting
local needs with global capabilities. And we’re a leader in
sustainability, scaling across entire value chains to help
decarbonize our industry and safeguard our planet. From the seed of
the idea to the outcome of the solution, we give customers an edge
in solving the nutritional and sustainability challenges of today
and tomorrow. Learn more at www.adm.com.
Source: Corporate Release Source: ADM
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version on businesswire.com: https://www.businesswire.com/news/home/20230206005528/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
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