Tate & Lyle

Company Snapshot

Founded: 1921
Entity Type: Public
Employees: 3,318
Region: North America
Revenue: $2,070.1 Millions
Revenue Year: 2023
Headquarter: London, U.K.
Key Geographics: North America, Europe, Asia, Middle East and Africa, Latin America
Corporate Address: 5 Marble Arch, London, W1H 7EJ, U.K. Tel. +44-020-7257-2100 www.tateandlyle.com

Company Overview

Tate & Lyle is a major manufacturer of ingredients and solutions for food and beverage applications. The company operates through three business segments: Food and Beverage Solutions, Sucralose, and Primary Products Europe. It offers a range of ingredients, including thickeners, gelling agents, emulsifiers, sweeteners, food stabilizer systems, and sugar reduction solutions.

Financial Highlights (FY 2023)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Tate & Lyle In Reports

The Global Market for Food Additives

BCC Research Market Analyst says global market for food additives is expected to grow from $80.4 billion in 2024 and is projected to reach $106.8 billion by the end of 2029, at a CAGR of 5.8%.

World Markets for Fermentation Ingredients

Global fermentation-derived fine chemicals market should reach $42.4 billion by 2027 from $32.0 billion in 2022 at a CAGR of 5.8% for the forecast period of 2022 to 2027.

Plant-Based Protein: Global Markets

BCC Research Market Analysis Report Says plant-based proteins is estimated to increase from $11.8 bln in 2022 to $17.8 bln by 2027, at a (CAGR) of 8.5%.

Company's Business Segments

  • Food and Beverage Solutions : This segment provides solutions for customers that are involved in Beverage, Dairy, Bakery and Snacks, Soups, Sauces, and Dressings.
  • Sucralose : SPLENDA Sucralose.
  • Primary Products Europe : Primary Products Europe represents the commoditized part of the company's corn wet milling capacity in Europe. It consists of isoglucose, industrial starch and products for animal nutrition.

Applications/End User Industries

  • Food and Beverages
  • Food Services
  • Dairy
  • Confectionery
  • Pharmaceuticals
  • Personal Care