Perfect for midsummer: AGRANA with new ice cream creations and organic focus at the IFT FIRST Expo 2023 in Chicago

EQS-Media / 13.07.2023 / 10:00 CET/CEST

   Perfect for midsummer: AGRANA with new ice cream creations and organic
   focus at the IFT FIRST Expo 2023 in Chicago

   The international food and industrial group AGRANA showcases the latest
   additions to its range of fruit preparations and organic starches at the
   food trade fair IFT FIRST Expo in Chicago (16 – 19 July 2023, Stand
   S2249). AGRANA, the global market leader for fruit preparations and
   Europe’s leading producer of organic starches, is present in the USA with
   four fruit preparation sites and the organic starch company Marroquin
   Organic International Inc.

   The IFT FIRST Expo, organised by the Institute of Food Technology, is one
   of the most important international trade fairs for top players in the
   fields of science and business to network and present solutions to complex
   food technology challenges. This is where food researchers, nutritional
   manufacturers, product developers and suppliers of ingredients meet.

   “We are delighted to be able to demonstrate our expertise in the area of
   food technology and product development to the experts at the IFT FIRST
   Expo. In line with market developments in the USA, the focus at this
   year’s fair is on ice cream innovations and organic concepts, some of them
   vegan. Due not least to our diverse portfolio of fruit preparations and
   our leading role in the area of organic and GMO-free starches, the US
   market offers us a wide range of sales opportunities,” says AGRANA CEO
   Markus Mühleisen.

   The US market is interesting for the AGRANA Group for a number of reasons:
   On the one hand, in terms of yoghurts and plant-based dairy alternatives –
   a segment where AGRANA is already market leader – as well as ice cream and
   food services, meaning products for fast-food restaurants, system catering
   providers and hotels. On the other, the organic market also presents
   interesting growth opportunities which Maroquin Organic International Inc.
   is well positioned to take advantage of due to its organic ingredients for
   various application areas such as food and beverages. Marroquin Organic is
   one of the first companies to specialise in organic, GMO-free products and
   distributes the organic range of AGRANA Stärke GmbH to the food, beverage,
   pharmaceutical and pet food sectors in the USA.

   Revenues generated with organic foods reached in the USA a level of € 55
   billion in 2022, an increase of 4.3 % compared to the previous year. The
   launch of the Strengthening Organic Enforcement (SOE) initiative is
   further promoting organic quality. The public-sector organic organisation
   USDA Organic is aiming to ensure end-to-end traceability along the entire
   supply chain of organically certified producers in order to boost the
   confidence levels of consumers in organic products. Every manufacturer,
   processor or exporter of organic products now needs to be certified.

   Ice cream on everyone´s mind

   Ice cream is a very dynamic market: According to Mintel, consumers in the
   USA spent around € 16 billion on ice cream in 2022, an increase of more 7
   % compared to 2021. The fastest growth here was achieved by sorbets. The
   most popular taste variations are those inspired by ice cream parlours or
   creations containing real fruit. In line with these trends, AGRANA is
   showcasing sorbets and ice cream varieties which can be tasted live at its
   stand, including new ice cream creations such as cornbread flavour with
   raspberry jam, black cherry bourbon as well as pineapple coconut sorbet.

   At the IFT FIRST Expo, AGRANA will also be presenting the diverse
   application options for organic starches, cereal proteins and potato
   fibres in the course of a live cooking event: This will give visitors to
   the stand a chance to try out Chicago-style hotdog, plant-based organic
   wraps made from seitan, vegan and gluten-free chocolate muffins,
   fiber-enriched cookies and a creamy, 100-% vegan panna cotta based on corn
   starch and oat drink. AGRANA starches can also be found in ice creams in
   the form of top-quality organic dextrose for a creamier texture.

    

   About AGRANA

   AGRANA converts agricultural raw materials into high-quality foods and
   numerous industrial intermediate products. Around 9,000 employees at 55
   production facilities worldwide generate annual Group revenue of
   approximately € 3.6 billion. The Group was founded in 1988, is the global
   leader in fruit preparations and also a major producer of fruit juice
   concentrates in Europe in addition to being a key manufacturer of
   customised potato, corn and wheat starch products as well as organic
   ethanol in its Starch segment. AGRANA is one of the leading sugar
   companies in Central and Eastern Europe.

   For queries, please contact:

   Markus Simak
   Public Relations
   +43 1 21137 12084
   [1]markus.simak@agrana.com

   Hannes Haider
   Investor Relations
   +43 1 21137 12905
   [2]hannes.haider@agrana.com
    

   This press release is available in German and English at
   [3]www.agrana.com.

   End of Media Release

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   Issuer: AGRANA Beteiligungs-Aktiengesellschaft
   Key word(s): Research/Technology

   13.07.2023 CET/CEST This Press Release was distributed by EQS Group AG.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     AGRANA Beteiligungs-Aktiengesellschaft
                F.-W.-Raiffeisen-Platz 1
                A-1020 Wien
                Austria
   Phone:       +43-1-21137-0
   Fax:         +43-1-21137-12926
   E-mail:      investor.relations@agrana.com
   Internet:    www.agrana.com
   ISIN:        AT000AGRANA3
   WKN:         A2NB37
   Listed:      Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
                Munich, Stuttgart, Tradegate Exchange; Vienna Stock Exchange
                (Official Market)
   EQS News ID: 1679421


    
   End of News EQS Media


   1679421  13.07.2023 CET/CEST

References

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