Tate & Lyle plc Company Basic Information, and Sales Area
| Item | Description |
| Company Name | Tate & Lyle plc |
| Website | www.tateandlyle.com |
| Established Date | 1859 |
| Headquartered | UK |
| Market Position/ History | Tate & Lyle plc is serving the market with the high quality of ingredients which make food healthier and tastier all around the globe under the leadership of Nick Hampton, Chief Executive of company. The company has seventeen laboratories serving the customers in more than 120 countries. The company has acquired various companies such as Continental Custom Ingredients, G. C. Hahn & Co and also had establish joint ventures for the expansion of business. |
| Sales Area | Worldwide |
| Contact Information | 1 Kingsway, London WC2B 6AT, United Kingdom Tel: +44 (0)20 7257 2100 |
Business Segment/ Overview:
Tate & Lyle plc provide products across the globe with their solutions and ingredients for food, beverage and industrial markets which help customer to make food healthier and tastier. The areas of food industry cover by the company are beverages, dairy, soups, sauces and dressings, bakery and snacks, confectionery and animal nutrition. Its product portfolio includes sweeteners, texturants, fibers, food stabilizers, acidulants, personal care, industrial starches. Beverages include carbonated soft drinks, dairy cocoa drinks and shakes, juice drinks, powdered soft drinks and dilutable, coffee and tea beverages, functional drinks. Dairy include yoghurt and yoghurt drinks, flavored milk and dairy beverages, ice cream and frozen dessert, dairy desserts. Soups, sauces and dressings include creamy soups and stews, clear broths, filling and processing aids, low fat sauces, mayonnaise, dressings and dips and ketchup and red condiment sauces. Bakery and snacks offer products like baked snacks, breakfast cereals, cakes, muffins and pastries, cereal bars, coated nuts and snacks, cookies and biscuits and so on. In animal nutrition they offer corn-based animal feed ingredients, which is rich in source of energy and are the co-products from the corn wet milling process.
Global Tapioca Market Product Types Specification
| Product | Product Description |
| BINASOL™ Starch | It is white color bland flavor tapioca starch which can be use in delicately flavored soups, sauces, and gravies and can be use in the food with high level of sugar such as pie filling. |
| TAPIOCA Dextrin Starch | It can be used as a carrier in dry mixes, as thickeners in liquid foods, and as film formers in food coatings. It can also use for the adhesive coating for candy, snack and vegetable, and meat substrates. |
| FRUITFIL® Starch | These starches are used in sauces and fruit fillings to provide thickening with high clarity and gloss. |
| STA-SLIM® Starch | It is produced from tapioca and potato and can be use in meats, bakery toppings, spreads, frozen desserts, fillings, soups, sauces, dressings, and dairy products to provide thickening and gelling functionality. |
| Chaodee Modified Starch | It is produced from tapioca which gives clean flavor, neutral color, and soft-gel like texture. It has large range of starch which vary in their abilities to resist breakdown under processing stresses and their shelf stability. Example: CMS - C1, CMS - C2, CMS - C3, CMS - V2H, CMS - PFT1000, CMS - VC104, CMS - PFT400. |
Recent Developments:
| Year | Latest News |
| October 2020 |
Tate & Lyle has acquired Chaodee Modified Starch Co., Ltd. tapioca business: Tate & Lyle PLC had acquired 85% shareholding in Chaodee Modified Starch Co., Ltd. (“CMS”), which is a tapioca modified food starch manufacturer based in Thailand. |
| January 2021 |
Tate & Lyle expands portfolio of tapioca-based thickening and gelling starches: Tate & Lyle has expanded its line of tapioca-based starches with the launched of new products REZISTA® MAX, a thickening starch and BRIOGEL® which is a gelling starch. |
Author's Detail:
Sonali Shinde /
LinkedIn
Working as a research analyst in the Chemical & Materials domain. I gained experience in formulating strategic insights, trend analysis, market estimations, competitive landscapes, M&A analysis, DRO, report writing, secondary research, and quantitative research. I also have experience in using a range of statistical and analytical tools to analyze data.