EQS-Media / 18.07.2024 / 10:55 CET/CEST
AGRANA presents innovative ice creams and organic, vegan street food at
the IFT FIRST Expo in Chicago
AGRANA, one of Austria’s leading food and industrial goods groups, this
week presented novelties from its fruit preparation and starch product
ranges at the international food expo IFT FIRST in Chicago. The company
invited visitors to embark on an innovative culinary journey around the
world and transformed its stand into a small street food festival.
At the world’s largest B2B food fair in Chicago, AGRANA, the global market
leader in fruit preparations, presented its innovative ice cream
creations: World cuisine inspired the product developers at AGRANA to
create varieties such as Vietnamese Coffee, as an affogato, or Summer in
Paris, an ice cream with a mild cheesy taste served in macaron shells with
berry jelly. London Fog was an Earl Grey tea ice cream with a lavender
swirl. AGRANA aims to profit from ongoing growth in the American ice cream
market, forecast to grow from a current USD 19.9 billion to USD 21.9
billion (EUR 20.1 billion) by 2026(1)(1). The company presently has four
fruit processing sites in the USA.
The market for vegan food has also seen a further increase in recent years
and is expected to reach a volume of USD 60.6 billion (EUR 56.5 billion)
in the USA by 2026, which is equivalent to a doubling within six years
(CAGR of 12 % from 2020 to 2026)^1. This growth is being driven by rising
awareness of sustainability, animal welfare and healthy nutrition. AGRANA
is well positioned to benefit as a result of its subsidiary Marroquin
Organic International Inc., based in Santa Cruz, California, which
distributes AGRANA’s wide range of organic starches. Many of AGRANA’s
starch products, such as potato fibres, corn starches and wheat proteins,
are used in vegan meat substitutes as well as in beverages, animal feed
and pharmaceutical products.
Top chef Mike Kubalewski proved this at the IFT FIRST Expo with vegan
organic dishes. For example, Gyros, Korean BBQ stir fry, gluten-free
bread, waffles and chocolate muffins were freshly prepared in the food
truck and handed out to the many visitors.
“We are delighted about the successful presentation of our innovative
products at one of the most important trade fairs for the food and
confectionery industry in the USA. The IFT FIRST is an important leading
trade fair where our comprehensive solutions attracted considerable
interest, particularly among those customers who would like to integrate
current sustainability trends into their products,” stresses AGRANA CEO
Stephan Büttner.
About AGRANA
AGRANA converts agricultural raw materials into high-quality foods and
numerous industrial intermediate products. Around 9,000 employees at 55
production sites worldwide generate annual Group revenue of approximately
EUR 3.8 billion. Established in 1988, the company is the global market
leader in fruit preparations and the world’s leading producer of apple and
berry juice concentrates. In addition, its Starch segment is also a major
manufacturer of custom starch products (made from potato, corn and wheat)
and of bioethanol. AGRANA is the leading sugar producer in Central and
Eastern Europe.
For queries, please contact:
Markus Simak
Public Relations
+43 1 21137 12084
(2)markus.simak@agrana.com
This announcement is available in German and English at (3) www.agrana.com.
(4)^(1) Source: EUROMONITOR
End of Media Release
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Issuer: AGRANA Beteiligungs-Aktiengesellschaft
Key word(s): Enterprise
18.07.2024 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 Vienna 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: 1949269
End of News EQS Media
1949269 18.07.2024 CET/CEST
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