How big will the non-GMO trend become?
Right now, many large manufacturers are testing the water when it comes to sourcing non-GMO ingredients, which carry a price premium, but are perceived by consumers to be 'greener and cleaner' (although many scientists would disagree), said Tony Williams, VP sales & marketing, oilseed value chain.
"I don't see our non-GMO business as a niche, but right now it's hard to predict how big it will be. What I can say is that some very large customers [supplying retail and foodservice channels] have made some big commitments."
A new organic certified expeller pressed soybean oil is also in the works, revealed Williams. "We're talking with some customers interested in sourcing sizeable volumes."
Picture: Mark Stavro, global marketing director (left) and Tony Williams, VP sales & marketing, oilseed value chain (right)