Frost & Sullivan Growth Strategy Leadership Award - Natraceutical S.A.
Posted on: Thursday, 14 December 2006, 09:00 CST
LONDON, December 14 /PRNewswire/ -- The Natraceutical Group is delighted to announce that Frost & Sullivan have awarded their 2006 Growth Strategy Leadership Award to Natraceutical S.A. in recognition of its strategic acquisition of Overseal Natural Ingredients to penetrate the growing European intense sweeteners market with Talin(R). This award is a complete endorsement of both Natraceutical S.A. and the potential that Talin(R) has in today's more health conscious market.
Talin(R)
Overseal Natural Ingredients Ltd manufactures and markets thaumatin under the brand name of Talin(R). Frost & Sullivan research highlights Thaumatin (Talin(R)) as a valuable addition to the list of intense sweeteners approved by the European Union. Talin(R) is declared as a natural sweetener or flavour enhancer and it exhibits excellent stability at a wide range of temperature and pH environments. Talin(R) is a multifunctional ingredient and can also enhance the flavour of foods and beverages mask the bitterness of functional ingredients and improve their mouth feel.
Talin(R) also works well in combination with other intense sweeteners. These synergistic properties have played a vital role in the success of this product in the intense sweeteners market. Frost & Sullivan expect Thaumatin (Talin(R)) to play an important role in the continual growth of the intense sweeteners market.
The European intense sweeteners market is estimated to grow at a compound annual growth rate (CAGR) from 2005 to 2012 at 7.3 per cent (Frost & Sullivan, 2005).
Through the acquisition of Overseal Natural Ingredients Ltd, Natraceutical S.A. has demonstrated it is committed to further establish its presence in the intense sweeteners market. The company is estimated to play a key role in the further growth of the thaumatin market. In recognition of its achievements, Frost & Sullivan presents the 2006 Frost & Sullivan Growth Strategy Leadership Award to Natraceutical S.A. in the European Intense Sweeteners Market.
Natraceutical S.A.
Spanish-based Natraceutical S.A. is primarily involved in the extraction of essential oils and natural chemicals from plants for use in the food production and pharmaceutical industries. Its product line includes:
- Healthy Cocoa Derivatives - Mediterranean Diet Ingredients - Natural Antioxidants - Natural Extracts - Contract Research and Development - Clinical Validation Services Strategic Acquisitions
In 2005, the Natraceutical Group acquired Obipektin (Switzerland) and Overseal (UK) for EUR80 million from British food ingredients business Braes Group. Obipektin, founded in 1936, is a leading supplier of pectins and fruit and vegetable powders. Overseal is leading supplier of natural colours, thaumatin, dried yeast and colouring foodstuffs for the international food and drinks industry.
As a result of the acquisition of Obipektin and Overseal, the revenues generated by the Natraceutical Group have doubled from EUR26 million to EUR53 million in 2005, and it is budgeted to reach EUR100 Million in 2006.
For further information please contact: http://www.natraceuticalgroup.com/ http://www.overseal.com/ Contact: Sandra Holze Promotions Co-ordinator, Best Practices Frost & Sullivan +44-(0)20-7915-7866 sandra.holze@frost.com
Frost & Sullivan
CONTACT: Contact details: Sandra Holze, Promotions Co-ordinator, BestPractices Frost & Sullivan, +44-(0)20-7915-7866, sandra.holze@frost.com
Source: PRNewswire
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