Minnesota-based Cargill, a global food corporation, has opened a new pectin production facility in Bebedouro, Brazil. The company has invested $150m (787m reais) in the plant, which will allow it to support growing demand for pectin products.
Laerte Moraes, managing director for Cargill’s starches, sweeteners and texturisers business in South America, stated in a company press release: “Demand for pectin is at an all-time high, fuelled by global trends around sugar reduction and label-friendly formulation, as well as the popularity of fruit-flavoured dairy drinks.”
The facility is strategically located close to raw materials in the centre of Brazil’s citrus-growing region ensuring an abundant supply of fruit peels needed for pectin production. Once operational it will serve customers in South America and globally, with initially shipments scheduled by the end of 2021.
Cargill is headquartered in Wayzata, Minnesota, US, and employs about 155,000 staff globally. The company has operations in 70 countries and recently announced additional investments in Poland and Indonesia.
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.
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 formBy GlobalData