Latest news with #Tate&Lyle
The Herald Scotland
a day ago
- Business
- The Herald Scotland
Former Volvo chief says individualism is holding Scotland back
"Rather than inspire new thinking, we have to some extent romanticised this," he told the Creating the Jobs of Tomorrow conference in Glasgow. "The constant recycling of these great achievements risks being akin to having a picture of Bonnie Prince Charlie on the side of a biscuit tin. "It is now time for the next chapter in Scottish innovation to be written," he added, noting that the means are available to develop a highly-skilled workforce that will dictate which countries fare best economically in the years to come. Read more: 'We need to educate young people not just in the technical tools and the business skills of tomorrow, but the basic building blocks of how to work effectively together to build a culture of shared prosperity," he said. "Individualism, digital nomads, scrolling as a form of entertainment [and] working from home has all torn the fabric in the cultural collaboration, and we need to amend this.' Originally a mechanical engineering apprentice at Tate & Lyle in Glasgow, Mr Rowan switched into the technology sector when he joined Digital Equipment Corporation in Ayr in 1986. He went on to hold chief operating officer roles at both BlackBerry and Dyson, and was chief executive of Dyson from 2017 to 2020. Despite all the current geopolitical turbulence and uncertainty, he said it remains his firm belief that "fantastic opportunities" lie ahead for companies and countries that find ways to invest in the key talents and technologies of the future. 'The combination of high computational silicon, artificial intelligence, low latency cloud connectivity and energy security will provide the foundations to accelerate growth and prosperity we have never seen before," Mr Rowan said. "I would go as far as to say that what happens in the next five years will define the industrial and the military landscape for the next 25 years.' Mr Rowan added that this constitutes a "potent cocktail" designed to Scotland's advantage that can enable a "new wave of prosperity for our country". 'To bring this vision alive, we need to be able to get our young talent to embrace these opportunities and engage in the journey, a journey that can create something long-lasting and future-proof for the next generation," he said, but added: "Many of our young people today are out of practice with what it takes to be successful on the global stage."
Yahoo
4 days ago
- Business
- Yahoo
Allulose Market Size with 6.5% CAGR, Reaching USD 463.17 Mn by 2031
The allulose market is growing rapidly due to rising demand for low-calorie, sugar-free alternatives amid increasing health awareness. Allulose, a rare sugar with minimal calories, is gaining traction in food and beverage products like baked goods, dairy, and beverages. The U.S. FDA's exclusion of allulose from added sugar labeling has further boosted adoption. Key players include Tate & Lyle, Ingredion, CJ CheilJedang, Cargill, and Samyang Genex. US & Canada, June 04, 2025 (GLOBE NEWSWIRE) -- According to a new research report from The Insight Partners, the global allulose market is witnessing significant growth owing to favorable government guidelines and incentives supporting the use of low-calorie sweeteners, and the growing popularity of the ketogenic diet. The allulose market analysis considers several consumer preferences and demographics that are expected to contribute to the market's strength in the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities. To explore the valuable insights in the Allulose Market report, you can easily download a sample PDF of the report – Overview of Report Findings Market Growth: The allulose market value is expected to reach US$ 463.17 million by 2031 from US$ 280.22 million in 2024; it is estimated to register a CAGR of 6.5% during the forecast period. Allulose, i.e., D-psicose or D-allulose, is a rare sugar found in minuscule quantities in figs, raisins, and maple syrup. It offers approximately 70% of the sweetness of sucrose but with minimal caloric content. This attribute makes it an attractive option for individuals looking to reduce sugar intake without compromising on taste. Expansion of the allulose market is particularly evident in regions such as North America and Asia Pacific, where health-conscious consumers are actively seeking sugar substitutes. In North America, regulatory approvals and a growing awareness of health issues related to excessive sugar consumption bolster the market. Favorable Government Guidelines and Incentives: Governments across the world have been providing clear guidelines and incentives that encourage the use of allulose as a low-calorie sweetener. In the US, the Food and Drug Administration (FDA) has exempted allulose from being counted as added or total sugars on nutrition labels, along with recognizing it as a Generally Recognized As Safe (GRAS) substance. Such regulatory support facilitates its incorporation into a wide range of food products and beverages, and reassures manufacturers and consumers of its safety and efficacy. Similarly, countries such as South Korea have approved allulose for use in various food applications, leading to increased production and availability. These supportive policies align with global health initiatives aimed at reducing sugar consumption, thereby driving demand for healthier alternatives such as allulose. Growing Popularity of Ketogenic Diet: The rising popularity of the ketogenic diet creates a strong growth opportunity for the allulose market as it prompts the consumption of low-carb, low-calorie sweeteners that don't lead to blood sugar spikes. Since keto followers aim to reduce carbohydrate intake drastically, they avoid traditional sugars, making allulose and other low-calorie sweeteners attractive alternatives due to their sugar-like taste and minimal impact on blood glucose. Unlike some artificial sweeteners that can have an aftertaste or cause digestive issues, allulose closely mimics the flavor and texture of real sugar, which makes it especially appealing for keto-friendly recipes and packaged foods. As more consumers adopt keto and other low-carb lifestyles for weight management or health reasons, manufacturers are incorporating allulose into products such as baked goods, beverages, and snacks to meet this demand. This shift in dietary preferences is driving innovation and expanding the presence of allulose in mainstream food markets. Geographical Insights: In 2024, North America led the allulose market with a substantial revenue share, followed by Europe and Asia Pacific. Further, Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Allulose Market Insights, Visit: Market Segmentation Based on form, the allulose market is segmented into powder and liquid. The powder segment held a larger market share in 2024. By application, the allulose market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment dominated the market in 2024. The allulose market, by region, is segmented into North America, Europe, APAC, the Middle East and Africa, and South and Central America. Stay Updated on The Latest Allulose Market Trends: Competitive Strategy and Development Key Players: Tate and Lyle; Ingredion; SAMYANG CORPORATION; G-Sweetz; Heartland Food Products Group LLC; Pyure; Nutrishus Brands Inc.; Whole Earth Brands Inc.; Anderson Global Group, LLC; Matsutani Chemical Industry Co., Ltd.; Cargill, Incorporated; Apura Ingredient; PALMER HOLLAND; The Scoular Company; and The Truvía Company LLC are among the prominent players operating in the allulose market. Trending Topics: Natural sweeteners, stevia, etc. Global Headlines on Allulose Liquid I.V. has expanded its portfolio with the launch of a "sugar-free" hydration multiplier that contains allulose instead of the glucose found in its original formula. Purchase Premium Copy of Global Allulose Market Size and Growth Report (2021-2031) at: Conclusion The demand for allulose is rapidly increasing due to rising consumer awareness of health and wellness, especially in relation to sugar intake and its role in driving the development of conditions such as obesity and diabetes. As a rare sugar with nearly 70% of the sweetness of sucrose and only a fraction of the calories, allulose offers a compelling alternative to traditional sugars and some other sugar substitutes. It has a similar taste and texture to sugar, making it appealing for manufacturers aiming to reduce added sugars in products without compromising flavor. Regulatory approvals in markets such as the US also encourage its incorporation in packed food and baked products, among others. In addition, continuous progress in concepts such as keto, low-carb, and diabetic-friendly diets further fuels consumer and industry interest in allulose. Thus, with food and beverage companies' emphasis on meeting the burgeoning demand for healthier products, allulose is becoming a key ingredient in reformulations and new product launches. The report from The Insight Partners provides information on several stakeholders—including allulose manufacturers, suppliers, and distributors—along with valuable key insights on how to successfully navigate this evolving market landscape and unlock new opportunities. Talk to Us Directly: Trending Related Reports: Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: Phone: +1-646-491-9876 Home - in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Allulose Market Size with 6.5% CAGR, Reaching USD 463.17 Mn by 2031
The allulose market is growing rapidly due to rising demand for low-calorie, sugar-free alternatives amid increasing health awareness. Allulose, a rare sugar with minimal calories, is gaining traction in food and beverage products like baked goods, dairy, and beverages. The U.S. FDA's exclusion of allulose from added sugar labeling has further boosted adoption. Key players include Tate & Lyle, Ingredion, CJ CheilJedang, Cargill, and Samyang Genex. US & Canada, June 04, 2025 (GLOBE NEWSWIRE) -- According to a new research report from The Insight Partners, the global allulose market is witnessing significant growth owing to favorable government guidelines and incentives supporting the use of low-calorie sweeteners, and the growing popularity of the ketogenic diet. The allulose market analysis considers several consumer preferences and demographics that are expected to contribute to the market's strength in the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities. To explore the valuable insights in the Allulose Market report, you can easily download a sample PDF of the report – Overview of Report Findings Market Growth: The allulose market value is expected to reach US$ 463.17 million by 2031 from US$ 280.22 million in 2024; it is estimated to register a CAGR of 6.5% during the forecast period. Allulose, i.e., D-psicose or D-allulose, is a rare sugar found in minuscule quantities in figs, raisins, and maple syrup. It offers approximately 70% of the sweetness of sucrose but with minimal caloric content. This attribute makes it an attractive option for individuals looking to reduce sugar intake without compromising on taste. Expansion of the allulose market is particularly evident in regions such as North America and Asia Pacific, where health-conscious consumers are actively seeking sugar substitutes. In North America, regulatory approvals and a growing awareness of health issues related to excessive sugar consumption bolster the market. Favorable Government Guidelines and Incentives: Governments across the world have been providing clear guidelines and incentives that encourage the use of allulose as a low-calorie sweetener. In the US, the Food and Drug Administration (FDA) has exempted allulose from being counted as added or total sugars on nutrition labels, along with recognizing it as a Generally Recognized As Safe (GRAS) substance. Such regulatory support facilitates its incorporation into a wide range of food products and beverages, and reassures manufacturers and consumers of its safety and efficacy. Similarly, countries such as South Korea have approved allulose for use in various food applications, leading to increased production and availability. These supportive policies align with global health initiatives aimed at reducing sugar consumption, thereby driving demand for healthier alternatives such as allulose. Growing Popularity of Ketogenic Diet: The rising popularity of the ketogenic diet creates a strong growth opportunity for the allulose market as it prompts the consumption of low-carb, low-calorie sweeteners that don't lead to blood sugar spikes. Since keto followers aim to reduce carbohydrate intake drastically, they avoid traditional sugars, making allulose and other low-calorie sweeteners attractive alternatives due to their sugar-like taste and minimal impact on blood glucose. Unlike some artificial sweeteners that can have an aftertaste or cause digestive issues, allulose closely mimics the flavor and texture of real sugar, which makes it especially appealing for keto-friendly recipes and packaged foods. As more consumers adopt keto and other low-carb lifestyles for weight management or health reasons, manufacturers are incorporating allulose into products such as baked goods, beverages, and snacks to meet this demand. This shift in dietary preferences is driving innovation and expanding the presence of allulose in mainstream food markets. Geographical Insights: In 2024, North America led the allulose market with a substantial revenue share, followed by Europe and Asia Pacific. Further, Asia Pacific is expected to register the highest CAGR during the forecast period. For Detailed Allulose Market Insights, Visit: Market Segmentation Based on form, the allulose market is segmented into powder and liquid. The powder segment held a larger market share in 2024. By application, the allulose market is segmented into food and beverages, pharmaceuticals and nutraceuticals, and others. The food and beverages segment dominated the market in 2024. The allulose market, by region, is segmented into North America, Europe, APAC, the Middle East and Africa, and South and Central America. Stay Updated on The Latest Allulose Market Trends: Competitive Strategy and Development Key Players: Tate and Lyle; Ingredion; SAMYANG CORPORATION; G-Sweetz; Heartland Food Products Group LLC; Pyure; Nutrishus Brands Inc.; Whole Earth Brands Inc.; Anderson Global Group, LLC; Matsutani Chemical Industry Co., Ltd.; Cargill, Incorporated; Apura Ingredient; PALMER HOLLAND; The Scoular Company; and The Truvía Company LLC are among the prominent players operating in the allulose market. Trending Topics: Natural sweeteners, stevia, etc. Global Headlines on Allulose Liquid I.V. has expanded its portfolio with the launch of a "sugar-free" hydration multiplier that contains allulose instead of the glucose found in its original formula. Purchase Premium Copy of Global Allulose Market Size and Growth Report (2021-2031) at: Conclusion The demand for allulose is rapidly increasing due to rising consumer awareness of health and wellness, especially in relation to sugar intake and its role in driving the development of conditions such as obesity and diabetes. As a rare sugar with nearly 70% of the sweetness of sucrose and only a fraction of the calories, allulose offers a compelling alternative to traditional sugars and some other sugar substitutes. It has a similar taste and texture to sugar, making it appealing for manufacturers aiming to reduce added sugars in products without compromising flavor. Regulatory approvals in markets such as the US also encourage its incorporation in packed food and baked products, among others. In addition, continuous progress in concepts such as keto, low-carb, and diabetic-friendly diets further fuels consumer and industry interest in allulose. Thus, with food and beverage companies' emphasis on meeting the burgeoning demand for healthier products, allulose is becoming a key ingredient in reformulations and new product launches. The report from The Insight Partners provides information on several stakeholders—including allulose manufacturers, suppliers, and distributors—along with valuable key insights on how to successfully navigate this evolving market landscape and unlock new opportunities. Talk to Us Directly: Trending Related Reports: Us: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. Contact Us: If you have any queries about this report or if you would like further information, please contact us: Contact Person: Ankit Mathur E-mail: Phone: +1-646-491-9876 Home - in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
25-05-2025
- Business
- Business Insider
Analysts Are Bullish on These Consumer Goods Stocks: Sonae SGPS (GB:0ML0), Tate & Lyle (GB:TATE)
There's a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Sonae SGPS (GB:0ML0 – Research Report) and Tate & Lyle (GB:TATE – Research Report) with bullish sentiments. Confident Investing Starts Here: Sonae SGPS (GB:0ML0) In a report issued on May 22, Julian Megias from Kepler Capital maintained a Buy rating on Sonae SGPS, with a price target of EUR1.50. The company's shares closed last Friday at EUR1.25. Megias has an average return of 19.1% when recommending Sonae SGPS. According to Megias is ranked #4884 out of 9562 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Sonae SGPS with an EUR1.50 average price target. Tate & Lyle (GB:TATE) In a report issued on May 22, Karel Zoete from Kepler Capital maintained a Buy rating on Tate & Lyle, with a price target of p880.00. The company's shares closed last Friday at p545.00, close to its 52-week low of p507.00. According to Zoete is ranked #7717 out of 9562 analysts. Tate & Lyle has an analyst consensus of Strong Buy, with a price target consensus of p772.50, which is a 37.0% upside from current levels. In a report issued on May 16, Citi also upgraded the stock to Buy with a £6.70 price target.
The Guardian
28-01-2025
- Business
- The Guardian
Biscuits, gummies and seaweed: the Tate & Lyle boss who's moved on from sugar
A plate of Rich Tea biscuits is prominently placed in the centre of the table as Tate & Lyle chief executive Nick Hampton sits down at its swish London headquarters. His 104-year-old company's name may be synonymous with the sugar – and Golden Syrup – found on supermarket shelves, but Hampton has had a different part to play in creating one of the nation's favourite dunkers. Tate & Lyle creates a plethora of ingredients which offer an alternative to that sweet stuff – including extra fibre and sugar replacement in the biscuits. Hampton's business has existed in its current form since 2010, when its sugar arm – now known as Tate & Lyle Sugars – was sold off to American Sugar Refining for £211m, while his business remained listed on the stock market. In fact, it is the only member of the original FT-30 group of listed companies, created in 1935, still on the London stock market. 'Part of the reason for that is nothing we do today we did more than 30 years ago,' says Hampton of the business, which was formed in 1921 from a merger of two rival sugar refiners. Its origins stretch back even further, to a sugar refiner on Liverpool docks in 1859. Hampton, a slick executive who spent more than nine years at PepsiCo after a stint at management consultancy Monitor, has been at the helm for nearly seven years. He is continuing to transform the business to provide alternatives to sugar, which is being taxed and blamed in part for the UK's obesity crisis. The group sources raw foodstuffs from around the world, and creates ingredients designed to offer crunch or creaminess, add fibre, or a give a sweet taste to foodstuffs without the attendant calories. They originate from the likes of corn, tapioca, seaweed, stevia leaf and citrus peel. The group's low- and no-calorie sweeteners and fibre additives have helped remove more than 9m tonnes of sugar from people's diets since 2020, equivalent to 36 trillion calories, he says. Tate & Lyle is reformulating gummies – so children can be persuaded to take vitamins without adding sugar or gelatin – and helping make dairy-free ice-cream and crunchy, healthier biscuits. Aside from the work on Rich Tea, the group has helped reinvent McVitie's digestive biscuits and – less successfully – produce a low-sugar version of Cadbury's Dairy Milk, as well as many more projects it is shy about revealing. Tate & Lyle describes itself as an expert in sweetening, fortification and 'mouthfeel' – a rather off-putting word for what makes up over half the group's business, which is making things seem crunchy or creamy without high-calorie ingredients. Hampton has been busy since taking charge. He sold off a controlling stake in its US-based commercial sweeteners division in a $1.3bn deal in 2021, and last year acquired CP Kelco, a US producer of pectin and speciality gums, for $1.8bn. The blockbuster deal made Tate & Lyle one of the few listed British firms to acquire an American business, rather than accept a takeover from a buyer across the Atlantic. 'We've streamlined it down to a much simpler business focused in where food is going to grow,' says Hampton. 'We now need to execute on that strategy with real conviction and deliver on the growth potential.' Despite his efforts, Tate & Lyle's share price is loitering not far from the level it was at when Hampton took the reins, prompting rumours of an opportunistic bid from US private equity firm Advent late last year. A firm bid for the company – which is valued at £2.8bn – has not materialised but Hampton says the talk was 'a sign of the potential the business has', which makes him 'very determined to unlock the value' in Tate & Lyle. The share price remains depressed as investors wonder if the company may yet be flogging ingredients that are falling out of fashion, despite the rise of weight loss drugs such as Ozempic and Wegovy. Meanwhile, concerns have been raised about ultra-processed foods – found in everything from breakfast cereals to ready meals and containing a long list of unusual ingredients, linking them to poor health. Hampton gives the idea short shrift. 'The concern about ultra-processed food and its labelling is an opportunity for us, because the issue with lots of ultra-processed food is its nutritional content. It tends to be high in sugar and fat and things that maybe don't create balancing diets.' He says consumers may want a 'clean label' but their priority is more nutritious, tasty and affordable food, with concerns about unusual ingredients further down the list. Tate & Lyle's entire portfolio of ingredients stems from plants, meaning securing supplies in the face of the climate crisis and geopolitical stresses is far from guaranteed. Two years ago, for example, production of the particular type of corn it requires was down 30% in Europe, so supplies had to be shipped in from the US. Meanwhile, production of stevia in China, once Tate & Lyle's only source of the sweetening leaf, was hit by flooding. Sign up to Observed Analysis and opinion on the week's news and culture brought to you by the best Observer writers after newsletter promotion Now, given a combination of potential US tariffs on Chinese goods under the Trump presidency and the need for climate resilience, it is hunting for multiple locations to source and manufacture goods to manage potential shifts in trade, he says. It has signed an agreement to source stevia from Latin America that will be processed in the US. Regarding Trump, Hampton says the group is aiming to 'maintain that flexibility in the supply chain as things evolve'. 'We saw that in 2016 … there was a similar kind of challenge, and we navigated that pretty well.' Despite its London listing, Tate & Lyle is hardly a British company. None of its innovation labs are in the UK, and just 350 of its 3,300 staff worldwide are British-based – at its head office and a facility making powdered food stabiliser in Mold, north Wales. Hampton says the company is committed to remaining in the UK: 'We want our innovation centres to be close to where our customers are as food is inherently regional in nature, because of different tastes and regulatory environments.' While the deal to sell the sugar business was 15 years ago, the Tate & Lyle name has historic associations with the slave trade on which the sugar industry was once based. Founders Henry Tate and Abram Lyle were just boys when the Slavery Abolition Act was passed but it is thought likely their business did have links to the trade. Hampton says he considered changing Tate & Lyle's name after the CP Kelco deal, but did not want to lose the brand recognition outside the UK with clients and its history of improving nutrition. 'There's a huge amount of pride in the heritage of the business,' he adds. 'The name is really powerful for us and talks about the future our business, not the past. It's probably only in the UK where there's that sense of legacy on the shelves.' Age 57Family Married, three grown-up daughters, two Reading School; MA in chemistry at St John's College, Fixed pay of £848,000, plus variable pay of £ holiday advice he's been given 'Three values instilled by my parents. (1) Treat others as you'd like to be treated; (2) whatever you choose to devote your energy to, give it your best; (3) put family first.'Biggest regret 'Probably struggling consistently to put the family first.'Phrases he overuses 'There are three things …'How he relaxes 'Three things! (1) Exercise - I'm an obsessive runner and have recently discovered pilates; (2) playing (only golf now) and watching sport; (3) family – happily, we still see a lot of the girls.'
