The agricultural commodities company Bunge will offer non-genetically modified milled corn ingredients, and canola and soybean oil.
The products will be verified by the third-party Non-GMO Project.
The publicly traded food ingredients supplier hopes to cash in on growing consumer demand for non-GMO food.
“Market research suggests 40 percent of consumers are actively managing consumption of GMO foods in their daily diets,” said Mark Stavro, Bunge senior director of marketing for North America. “Our recently expanded non-GMO offerings will create business opportunities for our customers by allowing them to extend non-GMO options to their customers in product categories where it is in high demand.”
With genetically engineered crops making up 92 percent of corn plantings and 94 percent of soy plantings in 2016 , processed and packaged food companies face a limited supply chain. Bunge’s general manager of US Milling, Wade Davis, said the introduction of verified ingredients will facilitate scaled-up production and expansion of the sector beyond its current niche.
“We are the only ingredient manufacturer… with Non-GMO Project Verified corn ingredients and oils ready at a scale that allows our customers to confidently grow key brands to meet non-GMO demand,” he said.
The company is also pursuing Non-GMO Project Verification for ancient grains, rice, gluten-free bread and puffed snacks products.
The company has contracted farmers acres to supply its Non-GMO Verified Nebraska processing facility,and its Danville, Illinois facility, which is currently undergoing verification.
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