Tate & Lyle in Ingredients

January 2023

Tate & Lyle recently split into two companies; new Tate & Lyle repositions as a growth-focused speciality food and beverage solutions business.Tate & Lyle’s new strategy increases investment in research and innovation, strengthens its position through acquisitions, creates a purpose-driven business promoting healthier lifestyles. This report delves into Tate & Lyle’s financial results and markets in which Tate & Lyle is present as well as the competitive landscape of the ingredients industry.

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Overview:

Euromonitor International's report on Tate & Lyle Plc delivers a detailed strategic analysis of the company's business, examining its performance in the Ingredients market and the global economy. Company and market share data provide a detailed look at the financial position of Tate & Lyle Plc, while in-depth qualitative analysis will help you understand the brand strategy and growth prospects of Tate & Lyle Plc.

This report examines:

  • Company share by region and sector
  • Brand portfolio
  • New product developments
  • Marketing and distribution strategies

A detailed SWPT analysis of Tate & Lyle Plc provides strategic intelligence on:

  • Strengths and weaknesses
  • Category and country opportunities for growth
  • Challenges and threats from current competition and future prospects
  • Global and regional market positions

Research you can trust:

Euromonitor International's company profile reports are written by our Ingredients research team, a dedicated group of analysts that knows the industry inside and out. Buy this report to inform your planning, strategy, marketing, sales and competitor intelligence functions.

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Scope
Key findings
Key facts
Major strategic divestment splits the company into two separate entities
Revenues pick up in 2022 after previous year’s divestment
North America core, but developing regions most dynamic
Tate & Lyle repositions as a Health and Wellness company
Tate & Lyle as a purpose-driven brand
Consumer eating trends shape the competition
Health and wellness trend pushing consumers away from sugar
Companies are complementing better mouthfeel with clean label claims
Functional ingredients rise with the growing healthy eating trend
Tate & Lyle serves key food categories in human nutrition
Retail sales, in contrast to foodservice, flourish in line with increased home cooking
Maturity and health concerns hinder further growth of confectionery
Functional ingredients will benefit dairy, both key focuses for Tate & Lyle
Soft drinks on-trade still recovering, forecast growth promising
Key growth areas for the future

Ingredients

Included here are the individual ingredients used in the manufacture of products that are tracked in Packaged Food, Soft drinks, Hot Drinks, Alcoholic Drinks, Tobacco, Pet care, Beauty and Personal Care, and Home Care. Ingredients data published in the Ingredients system are separate from Key Functional Ingredients tracked within Health and Wellness.

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