Kerry has acquired Bio-K Plus International as it looks to expand its capabilities and leadership position in the probiotics market.
The acquisition comes as a growing number of consumers become more proactive in their approach to managing their health and are turning to functional foods, beverages and supplements that are made with clinically supported functional ingredients.
Headquartered in Quebec, Canada, Bio-K Plus develops, manufactures, and distributes clinically supported probiotic fermented beverages and supplements under the Bio-K Plus brand throughout North America. The operates two facilities, one located in Quebec, and the second in California.
Bio-K Plus products are formulated with three proprietary and clinically validated strains of probiotics which have confirmed efficacy for a range of therapeutic benefits, including the prevention of side effects resulting from antibiotic use.
“We are committed to creating a world of sustainable nutrition and this acquisition will support our ambition to reach over two billion people with sustainable nutrition solutions by 2030,” said Neil Cracknell, President of Kerry Applied Health & Nutrition.
“Research has shown that consumers are increasingly looking for nutritional benefits when purchasing food and drink and that products which contain probiotics that improve gut health are specifically in demand.
“Bio-K Plus further expands our portfolio of probiotics with the addition of three science-backed strains as we continue to help enhance the health & wellness of consumers across the globe by having a strong complement of published clinical trials confirming efficacy.”
Kerry has been developing its position in science-backed functional ingredients for several years, with the acquisition of immune health ingredient Wellmune in 2015, followed by the leading probiotic GanedenBC30 in 2017.
Today, 69% of consumers globally are now more likely to pay attention to nutritional benefits when purchasing food and drink. This demand, which was growing, has accelerated as a result of the global pandemic, as evidenced by nearly 2 in 3 consumers becoming more conscious about their overall health and wellbeing due to COVID-19.