ADM partners with GLG Life Tech

Archer Daniels Midland Company (ADM) and GLG Life Tech Corporation have entered into a partnership to manufacture, market, sell and distribute low calorie stevia and monk fruit sweeteners to meet increasing demand for reduced sugar and clean label ingredients.

Under the terms of the agreement, GLG will produce low calorie sweeteners made from stevia and monk fruit, while ADM will be the exclusive marketer and distributor of those ingredients to global food and beverage firms.

“More and more consumers are looking for healthier foods that are made with natural ingredients and taste great,” says Rodney Schanefelt, director of sugar and high intensity sweeteners at ADM.

He later adds, “We are pleased to partner with GLG, which has a demonstrated advantage in developing non GMO stevia varietals and a pipeline of future innovative products.”

GLG president and CFO Brian Meadows, notes, “This partnership, combining GLG’s capabilities and reputation as one of the largest, most trusted manufacturers of low calorie sweeteners with ADM’s global distribution capabilities and existing ingredient portfolio offers tremendous opportunities for both companies and their customers.

“Consumers are demanding healthy, delicious foods and drinks with clean labels, natural ingredients and reduced added sugar, together ADM and GLG will be the go to source for food and beverage companies looking to meet that demand.”