Cargill invests in pectin production facility
Cargill has announced that it is to invest $150 million (€128m) in an HM pectin production facility in South America. HM pectin is a citrus fruit-based texturiser used for acid dairy drinks, jams, beverages/juices, and confectionery.
“The pectin market has seen a strong growth for several years, primarily driven by the acid dairy drink market, as well as the growing global consumer demand for label-friendly ingredients,” says Bruce McGoogan, strategy and innovation leader for Cargill starches, sweeteners and texturisers.
“HM pectin plays a significant role in delivering on both trends—as it is a plant-based texturiser designed for acid dairy drinks as well as for jams, beverages and confectionery products. The intention to invest in a plant in Brazil, which has an abundant citrus fruit supply, allows Cargill to deliver the pectin our customers need and consumers demand.”
The intended project is part of a plan to strengthen Cargill’s full pectin footprint, including improvements to its existing three plants in Germany, France and Italy, and adding a new plant in Brazil to take advantage of local resources.