Fibermaxxing Trend Boosts Outlook for Food-Ingredient Suppliers

Rising interest in the health benefits of fiber has prompted food and beverage makers to fortify everything from soda to snacks. That’s now boosting the earnings outlook for the suppliers of the raw ingredients.

PepsiCo Inc. recently just released a prebiotic soda after proclaiming that “fiber will be the next protein.” One of the companies making the all-out push into fiber possible is British household staple Tate & Lyle Plc, which has traded its historic roots as a sugar refiner to make a range of ingredients, including various dietary fibers.