Tate & Lyle expands sweetener portfolio with highly soluble stevia TASTEVA® SOL

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London, UK, 12 July 2023 - Tate & Lyle PLC (Tate & Lyle), a world leader in ingredient solutions for healthier food and beverages, is pleased to announce a new addition to its sweetener portfolio – TASTEVA® SOL Stevia Sweetener. An internationally patent protected breakthrough in stevia technology, this addition expands Tate & Lyle’s ability to help customers solve stevia solubility issues in food and beverages and helps deliver on consumer demand for healthier and tastier, sugar and calorie reduced products.

TASTEVA SOL split beverage

Starting from the leaf, TASTEVA® SOL is a premium tasting stevia that has over 200x the solubility of Reb M and D products on the market. TASTEVA® SOL solves for solubility challenges often found in beverage concentrates, dairy fruit preparations and sweet syrups at high sugar replacement levels. TASTEVA® SOL fits well into the company’s stevia sweetener range and can be used alone or in combination with Reb M stevia sweeteners for high sugar replacement. It offers exceptionally good solubility, readily dissolving in concentrates, and remaining soluble at low pH.

This innovation is aligned to growing customer and consumer demand as the market value of stevia is expected to increase by 13% in 20261. As consumers continue to switch from full sugar to reduced sugar food and beverages, the perception and awareness of the benefits of stevia are increasing. In 2022, 32% of US consumers were likely or very likely to buy a product which contains stevia leaf extract (up from 29% in 2020)2. TASTEVA® SOL labels as stevia extract in the US and follows labelling guidance for JECFA* approved countries.**

Papao Saisnith, Senior Director, Global Marketing & Innovation, Sugar & Calorie Reduction, Tate & Lyle says: "Consumers continue to shift from full sugar to reduced sugar foods and beverages and do not want to sacrifice taste. TASTEVA® SOL meets consumer needs as it provides a solution for manufacturers looking to formulate great tasting, clean label sugar reduced products where solubility often becomes a challenge. Used alone or in combination with Reb M stevia sweeteners, TASTEVA® SOL is over 200x more soluble than other stevia sweeteners and delivers solubility and sweetness, which fills a gap among existing sweeteners and strengthens our overall portfolio."

"This addition furthers our commitment to transform lives through the science of food and helps our customers to meet consumer expectations for making healthy food tastier and tasty food healthier."

END

For more information contact:
Anna Taylor-Elphick
Senior Manager, Global Corporate PR, Tate & Lyle
mediarelations@tateandlyle.com
+44(0)7766361515


1 Euromonitor Passport 2022-2026
2 Tate & Lyle Proprietary Research, 2020 and 2022 Global Consumer Ingredient Perception Research – US; Base size n=1027 (2020), n=1071 (2022)
* Joint FAO/WHO Expert Committee on Food Additives
** The applicability of label claims and the regulatory and intellectual property status of Tate & Lyle ingredients varies by jurisdiction

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About Tate & Lyle PLC:  

Supported by our 165-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients and solutions every day.  

Through our leading expertise in sweetening, mouthfeel and fortification, we develop ingredients and solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability to food and drink in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings.  

Tate & Lyle recently acquired CP Kelco, a leading provider of pectin, speciality gums and other nature-based ingredients to create a leader in mouthfeel, significantly enhancing our solutions capabilities. Following this combination, we now have more than 5,000 employees working in around 75 locations in 39 countries, serving customers in more than 120 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives through the Science of Food. By living our purpose, we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.  

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. For the year ended 31 March 2024, and on a pro forma basis which assumes for illustrative purposes that the combination with CP Kelco took place on 1 April 2023, revenue for the enlarged Tate & Lyle Group would have been £2.25 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube