BioNeutra partners with market leading companies to provide their consumers with options for healthy nutrition
Functional Food Ingredients Market Worth $2.5 Billion by 2020
The market for functional food ingredients is projected to reach about $2.5 billion by 2020, growing at a CAGR of about 6% from 2015 to 2020, according to a report from Markets and Markets.
Functional food ingredients can be defined as ingredients that have the capability to add a particular benefit to the end product. A proper understanding of the features of various specialty food ingredients allows food and beverage formulators to use their potential contributions to meet consumer demands. The features of these ingredients include preservation, texturization, emulsification, colouring, processing aids, and nutritional enhancement.
The changing lifestyles and growing health awareness among consumers are some of the factors fueling the market for functional food ingredients.
BioNeutra is in the business of research and development, production and commercialization of ingredients for nutraceutical, functional and mainstream foods and beverages, with a focus on VitaFiberTM IMOs.
The Company produces VitaFiberTM using its patented processes that naturally transform starch molecules from agriculture cereal crops including corn, wheat, barley, potato, or tapioca into the functional health molecules of VitaFiberTM IMO. The VitaFiberTM manufacturing process is based upon a natural enzymatic conversion of starch molecules without any chemical modification involved, making VitaFiberTM a natural food and beverage ingredient. VitaFiberTM is also non-GMO, vegan-friendly, gluten-free, Kosher and Halal certified and available as certified organic.
In 2003, Dr. Zhu founded BioNeutra to research, develop and commercialize ingredients for functional and health foods, as well as nutraceuticals. The core business is centered on the patented production of VitaFiber™ IMO (isomalto-oligosaccharides). Prior to that, Dr. Zhu worked as a senior scientist incarbohydrate chemistry at CV Technologies, where he was involved in the functional and health foods development of products such as Cold-FX. Later, Dr.Zhu was appointed as Senior Scientist at an Edmonton-based biotech company, KS Avicenna that focused on the production of clinical trial biopharmaceuticals for brain cancer treatment.
BioNeutra's patented process naturally transforms starch molecules from local agriculture cereal crops (such as corn, wheat, barley, potato, and tapioca) into the functional health molecules of isomaltooligosaccharide (IMO)
VitaFiber™ IMO is a sweet natural dietary fiber providing low calorie and soluble fiber for human digestive health. VitaFiber™ IMO is non-GMO and gluten-free.
VitaFiber™ IMO is available as a syrup or powder. On a dry basis, VitaFiber™ is greater than 60% soluble fiber. Based on published studies, the caloric value of VitaFiber™ IMO is 2.4 kcal/g. In addition to being Kosher and Halal, all VitaFiber™ products are FDA (GRAS), Health Canada (Novel Food Ingredient), European Food Safety Authority (EFSA) (Novel Food) and FSANZ (Australia and New Zealand).
VitaFiber™ IMO’s mild, sweet flavour can act as a low-calorie replacement for a number of base ingredients. If you are looking to develop a health food or make your current recipes even healthier, VitaFiber™ IMO has multiple benefits.
Health experts say we need more fibre in our diet. One beneficial source of fibre is VitaFiber™ IMO. It’s made from natural starches and belongs to a special group of carbohydrates that scientists call oligosaccharides. Scientific studies show that most of dietary oligosaccharides pass through the small intestine without being digested. They then move on to the colon where they really do their work.
In addition to its rich fiber content, VitaFiber™ IMO has a smooth mouth-feel and no aftertaste, it is soluble in water and is stable at baking temperatures. It contributes to digestive health and satiety.
Exchange & Symbol: TSX-V: BGA:CA
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Auditor: Collins Barrow LLP
Stock Chart: BGA:CA