PARSIPPANY, NJ. – Beneo plans to increase its chicory root production capacity by more than 40% through a multi-million-dollar investment program at sites in Pemuco, Chile, and Oreye, Belgium. The first step will feature an investment of more than $33 million. Work will start at both production sites in 2022.
The prebiotic fibers inulin and oligofructose are sourced from chicory root. The number of global new product launches containing chicory root fiber has grown by 50% over the past four years, according to Euromonitor International.