AFYREN Signs Multi-Year Contract with US Nutraceutical Manufacturer

Clermont-Ferrand/Lyon, August 29, 2024 - AFYREN, a greentech company providing bio-based, low-carbon ingredients through unique fermentation technology, has finalized a commercial agreement with a US nutraceutical ingredients manufacturer.

The multi-year contract involves AFYREN supplying bio-based acids for use in preservatives and flavors for nutritional supplements. The nutraceuticals market, valued in the billions, is set for high-single-digit growth, driven by consumers' interest in natural and sustainable health products.

The US client, seeking alternatives to petro-based solutions, chose AFYREN for its natural fermentation process using traceable, non-food feedstock. The contract, initially based on limited volumes, may expand to larger quantities.

Nicolas Sordet, CEO of AFYREN, stated, “This contract demonstrates our ability to address specific markets with our unique value proposition, differentiating us from existing solutions.”