Branded Spirits Acquisition of Penelope Bourbon
INGREDIENT SOLUTIONS
STRONGLY POSITIONED TO SERVE GROWING SPECIALTY PLANT-BASED MARKETS
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MGP
Plant-based eating represent the top four most common diets/eating patterns. 1
Consumption of plant-based meat alternatives is higher for 22% of
consumers surveyed vs. a year ago¹
Global Texturized Vegetable Protein Market (Conventional segment, non-
organic) accounted for $682.3 million in 2019 and is expected to reach
$1,209.0 million by 2027 growing at a CAGR of 7.4%.²
Resistant starches are dietary fiber and prebiotics with several health benefits,
including reduced glycemic response, potentially increased satiety, and improved
gut health.3
• Digestive health and weight loss management are the top two and three
most sought after benefits from food¹
More than 80% of consumers regard dietary fiber as a healthy component of
their food4
Resistant starch demand is projected to grow at a year-on-year growth of
6.1% in 2022.5
⚫ Food Extrusion is estimated to be valued at USD 73.1 billion in 2021. It is
projected to reach USD 99.7 billion by 2026, recording a CAGR of 6.4% during the
forecast period. 6
Source: CFRA from Sosland Publishing, Foodinsight.org 2021 Food & Health Survey, Foodinsight.org from Sosland Publishing, OYResearch
1 Per Foodinsight.org 2022 Food & Health Survey | 2 Per Stratistics MRC | ³doi: 10.3390/foods7020018
4 Per Foodinsight.org from Sosland Publishing | 5 Per Future Market Insights | 6 Per MarketsandMarketsView entire presentation