3 April 2007 - With over Eur 66 million ($85M) in sales for 2006, Naturex is among the very first players in the plant extraction and formulation industry. As a part of its international business development strategy, Naturex particularly targets to double its turnover in the UK in the coming 3 years.
This strategy relies on this new location based in Oxford. From a geographical point of view, Naturex UK Ltd will enable Naturex to be closer to its current British and Irish clients.
Furthermore, this goal also takes into consideration the fact that the consumption profile for the UK nutraceutical and food ingredient markets are quite similar to that of the US market where Naturex is the leader.
In addition this sales objective addresses the increasing demand from food makers for natural extracts as an alternative to synthetic ingredients. As a specialist of natural plant extracts and formulation, Naturex is ideally positioned on this sector: gigantic extraction and spray-drying capabilities, massive R&D investments every year, real expertise of extract formulation as exemplified by an internal food application laboratory, as well as a broad range of QC tools, such as an analytical lab comprised of more than 20 HPLC! Because of its size and its innovation capability, Naturex is driving the growth of the Natural Products Market: more than 500 product references have been created in 2006.