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Consumers across Latin America are increasingly focused on weight management and digestive health, opening up plentiful opportunities for prebiotics, sugar alternatives and low GI products, says Beneo.
Benexia, a Chile-based supplier of chia and other plant-based nutraceutical ingredients, says the low market penetration of dietary supplement ingredients in the continent means the market has a huge potential upside.
Agricultural commodities giant Archer Daniels Midland Co. has expanded its reach into the microbiome space with the acquisition of UK-based manufacturer Probiotics International Ltd. in a cash deal worth $243.5 million (£185 million).