EMERYVILLE, Calif., Nov. 30, 2018 (GLOBE NEWSWIRE) -- Amyris, Inc. (Nasdaq:AMRS), a leader in the research, development and production of pure, sustainable ingredients for the Health & Wellness, Clean Beauty and Flavors & Fragrances markets, recently announced the launch of a new, sugarcane-derived, zero calorie sweetener. Today, Amyris announces the introduction of a new tabletop sweetener application developed in collaboration with Givaudan, a flavor industry leader in the science behind sugar and taste.
Research shows a rise in obesity and diabetes around the world, and yet people still crave the sweetness of sugar. And, although some people want to reduce the amount of sugar they consume, or they want to reduce their calories, they don’t want to substitute with artificial sweeteners. To address this, Amyris has developed a sweetener that is naturally sourced from sugarcane, has zero calories and has the best taste profile of any sweetener on the market.
The tabletop sweetener application, available initially in Brazil and expected to roll out in other markets in the near future, offers consumers a new alternative in sweetener products on their dining table: a sustainable, sugarcane derived product that tastes delicious.
Sugar reduction is a key strategy for forward-thinking consumer food and beverage companies today but removing sugar without impacting consumers’ enjoyment is challenging.
“Most people don’t realize that sugar brings more than just sweetness to the experience of eating and drinking,” said Fabio Campanile, Givaudan Global Head of Science and Technology for Flavours. “Givaudan, through its extensive research, has identified flavor and taste attributes that get lost when sugar is reduced. The combination of Givaudan’s flavors and Amyris’s new sweetener makes zero sugar possible for natural products, which is exciting news for consumers.”
Givaudan has built a global reputation for its world-class capabilities in formulating flavors for the best-loved international brands and has advanced taste technologies. Amyris continues to establish a reputation for its fermentation process and clean, best-in-class performing ingredients. Combining Amyris’s high performing ingredient with Givaudan’s leading formulation capability will deliver the best products with low to no sugar. The tabletop application for a sugarcane-derived sweetener is a great example of this winning combination of capabilities and skills, and will accelerate its adoption by more consumer brands.
The collaboration fits well with Amyris’s strategy to create value for market leaders by delivering No Compromise™ ingredients through long-term partnerships.
“To win the vote of Givaudan for having the best-tasting, zero calorie sweetener is extremely rewarding,” said John Melo, President and CEO of Amyris. “Our growth strategy depends on our ability to reach consumers on a massive scale. The more successful we are with consumers, the faster we will grow. Today’s announcement demonstrates the value of our No Compromise™ products and is another example of both our industry leading performance and our ability to continue to develop our recurring revenue base through successful commercialization of our products.”
Amyris’s zero calorie sweetener has received designation as GRAS (Generally Recognized as Safe) by an independent expert panel. By engineering plant-based products using safe and sustainable ingredients, Amyris continues to disrupt markets. Its No Compromise™ approach guarantees that everything Amyris makes is sustainable with high levels of purity, performs better and is available at a lower cost compared to ingredients made with petrochemicals and absent of agrichemical residues as well.
Amyris is the integrated renewable products company that is enabling the world’s leading brands to achieve sustainable growth. Amyris applies its innovative bioscience solutions to convert plant sugars into hydrocarbon molecules and produce specialty ingredients and consumer products. The company is delivering its No Compromise™ products and services across a number of markets, including specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals, and nutraceuticals. More information about the company is available at www.amyris.com.
Givaudan is the global leader in the creation of flavours and fragrances. In close collaboration with food, beverage, consumer product and fragrance partners, Givaudan develops tastes and scents that delight consumers the world over. With a passion to understand consumers’ preferences and a relentless drive to innovate, Givaudan is at the forefront of creating flavours and fragrances that 'engage your senses'. The Company achieved sales of CHF 5.1 billion in 2017. Headquartered in Switzerland with local presence in over 100 locations, the Company has more than 11,100 employees worldwide. Givaudan invites you to discover more at www.givaudan.com.
This release contains forward-looking statements, and any statements other than statements of historical fact could be deemed to be forward-looking statements. These forward-looking statements include, among other things, statements regarding future events; including the terms of the supply agreement referenced herein. These statements are based on management's current expectations and actual results and future events may differ materially due to risks and uncertainties, including risks related to Amyris's liquidity and ability to fund operating and capital expenses, potential delays or failures in development, production and commercialization of products, risks related to Amyris's reliance on third parties, and other risks detailed from time to time in filings Amyris makes with the Securities and Exchange Commission, including Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Amyris disclaims any obligation to update information contained in these forward-looking statements, whether as a result of new information, future events, or otherwise.
Amyris, the Amyris logo and No Compromise are trademarks or registered trademarks of Amyris, Inc. in the U.S. and other countries. All other trademarks are the property of their respective owners.
Director, Investor Relations and Corporate Communications
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