Functional foods company Natraceutical has launched a new soluble cacao fibre which it hopes will generate EUR10m US$11.8m) in sales by 2011.
Go deeper with GlobalData
The Valencia-based company said the new product, which is already on the market, should ring up sales of EUR1m next year. The product is the world’s first non-cereal based soluble fibre, and it helps reduce cholesterol levels, Natraceutical said.
The fibre has a wide range of applications for the food industry, making its sales very promising, the company added.
A Natraceutical spokeswoman said the product has already attracted orders from food multinationals around the world.
The fibre is 100% natural and completely derived from cacao. Natraceutical, a unit of Spanish food group Natra-Cacao, makes a slew of functional ingredients for the food (mostly bakery) and drinks industry. It has launched an aggressive international expansion and is looking to make acquisitions in Europe and the US.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
