MANNHEIM, GERMANY — Beneo on Jan. 1 will implement a global price increase of 5% on average for its inulin and oligofructose, both functional fibers, for food and feed applications. A price correction is needed because of rising operational costs and a price erosion since 2011, according to the Mannheim-based company.
More than 150 scientific studies confirm the health benefits of Beneo’s Orafti inulin and oligofructose, both derived from chicory root, according to the company. The U.S. Food and Drug Administration in June of 2018 said inulin meets its definition of dietary fiber.